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Friday, February 3, 2012

BEO Bancorp Reports strong 2011 Earnings

BEO Bancorp (OTCBB:BEOB) and its subsidiary, Bank of Eastern Oregon, announced consolidated year end 2011 earnings of $2,011,567, an increase of 21.5% when compared to $1,656,016 in 2010. Earnings per share were $2.18, up from $1.80 in 2010. Total assets increased 3.5% from $251.7 million to $260.4 million. Net loans ended 2011 at $199.9 million, up 4.2% year over year. Deposits increased 3.0% from $223.5 million to $230.3 million. "We are very pleased with the 2011 results, especially when...continued
     

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