Oregon Bancorp Q3 Profit Falls to $746,000 as EPS Drops to $0.30

Oregon Bancorp, Inc. (ORBN) reported third-quarter earnings of $746,000, or $0.30 per share, down from $1.14 million, or $0.46 per share, in the same period last year. Revenue for the quarter rose 8.8% to $4.57 million from $4.20 million a year earlier, according to the company's GAAP results. The decline in net income came despite top-line growth, with earnings per share falling 35% year over year.