12-11-2019  6:49 am   •   PDX Weather    •   SEA weather  
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NORTHWEST NEWS

San Francisco Aims to Rein in Tests of Tech Ideas on Streets

Entrepreneurs would not be allowed to test their products in San Francisco's public space unless the tech in question is declared a "net public good."

Portland-area Residents May Vote on Funding for Homeless

There may be a measure on the November 2020 ballot to fund likely hundreds of millions of dollars for increased social services

Black Food Professionals See Opportunities to “Scale Up” in School Cafeterias and on Store Shelves

Two Portland women are addressing disparities in the local food scene with Ethiopian and Haitian flavors, ingredients

Portland Fire Chief Sara Boone Climbing Historic Ladders

In 1995, Boone was the first African American woman hired by Portland Fire & Rescue; this year she became its first African American Chief

NEWS BRIEFS

EPA Approves Funding for Oregon and Washington to Improve Drinking Water, Wastewater Infrastructure

States estimate $190 million for wastewater, $35 million for drinking water projects in Oregon, and $120 million for...

Conservation Breakthrough for Endangered Butterfly

The Oregon Zoo's breeding success provides new hope in an effort to save Oregon silverspots ...

Meet 80 Local Authors at OHS 52nd Holiday Cheer Book Sale and Signing

This free Oregon Historical Society event will be held this Sunday, December 8 from 12 p.m. – 4 p.m. ...

Need for Blood Doesn’t Stop for Holidays – Donors Needed

Those who come to give through Dec. 18 will receive a Amazon.com Gift Card ...

North Carolina Court Decision Upholds Removal of Confederate Monument

Lawyers argued that the monument was installed at the end of Reconstruction to further the false “Lost Cause” narrative,...

Police: Man arrested for riding on young mule deer's back

RILEY, Ore. (AP) — Police say a young man was arrested after he was caught on video riding on the back of a mule deer that was trapped in a fenced area in rural eastern Oregon.Oregon State Police say 18-year-old Jacob Belcher of Riley was arrested Friday and charged with wildlife harassment...

Man arrested on 25 years’ worth of child sex abuse charges

PORTLAND, Ore. (AP) — A man was arrested last week on dozens of child sex abuse charges, some of which date back to 1994. The Oregonian/OregonLive reports Michael Hern has pleaded not guilty to 26 counts related to the sexual abuse of at least six children, who were between 4 and 15 years...

New Missouri coach Eli Drinkwitz predicts success

COLUMBIA, Mo. (AP) — Eli Drinkwitz was saying all the right things after being introduced as the new football coach at Missouri, laying out his vision for the once-proud program with unwavering confidence and bold proclamations.Then the former Appalachian State coach made a minor...

LSU's Burrow, Auburn's Brown named AP SEC players of year

LSU quarterback Joe Burrow is a unanimous selection as the offensive player of the year on The Associated Press All-Southeastern Conference football team.The top-ranked Tigers also have the SEC’s coach of the year in Ed Orgeron and the newcomer of the year in freshman cornerback Derek...

OPINION

Will You Answer the Call for Moral Revival?

In embracing and expanding the legacy of Dr. Martin Luther King, Jr., Revs. Barber and Theoharis have asked Presidential candidates to consider a debate that focuses exclusively on poverty ...

What I’m Thankful For This Season

Ray Curry gives thanks for a human right that shaped our country throughout the 20th century and that made Thanksgiving possible for so many Americans who, like him, didn’t get here by way of the Mayflower ...

Congressional Black Caucus Members Visit U.S.-Mexico Border: “Mistreatment of Black Immigrants is Another ‘Stain on America’”

Members said they witnessed first-hand the deplorable treatment and plight of Black immigrants ...

Portland, I'm Ready

Last month I had the privilege to stand with hundreds of supporters and announce my intention to run for re-election ...

AFRICAN AMERICANS IN THE NEWS

Jersey City's mayor says gunmen targeted kosher market

JERSEY CITY, N.J. (AP) — The mayor of Jersey City said Wednesday it's clear that the gunmen in a furious shooting that left six people dead targeted a Jewish market.Mayor Steven Fulop refused to call it an anti-Semitic attack but said surveillance video shows the gunmen driving slowly...

YouTube cracks down on racist, sexist and similar insults

SAN FRANCISCO (AP) — YouTube is taking another step to curb hateful and violent speech on its site. The video streaming company said it will now take down videos that lob insults at people based on race, gender expression, sexual orientation or other “protected attributes.”...

PBS, Netflix, MSNBC among 2020 duPont-Columbia award winners

NEW YORK (AP) — Groundbreaking reporting on the separation of families at the U.S.-Mexican border, the growth of America's white supremacist movement and the murder of journalist Jamal Khashoggi will be honored at the 2020 Alfred I. duPont-Columbia University Awards, Columbia’s...

ENTERTAINMENT

NFL, NCAA football fuel Fox TV's win of the prime-time week

LOS ANGELES (AP) — Fueled by both college and pro football, Fox won a rare title as champ of the broadcast week among networks. Fox's Thursday night NFL airing of the Dallas Cowboys and Chicago Bears was the week's top show of any kind with 18.23 million viewers, and its broadcast of the Big...

The Associated Press picks the top moments on TV from 2019

NEW YORK (AP) — Many have noticed how fragmented our TV viewing is, with multiple competing streaming services and dozens of channels pulling us in different directions. But the year also saw some jaw-dropping moments that found huge audiences, whether it was a royal interview or a viral...

Adam Sandler on plunging into the Safdies' 'Uncut Gems'

TORONTO (AP) — Adam Sandler was waiting to be thrown into a midtown fountain on Sixth Avenue for a scene in Josh and Benny Safdie’s “Uncut Gems” when he noticed a familiar face on the sidewalk.The Safdies like to capture as much authentic New York energy as possible in...

U.S. & WORLD NEWS

AP source: Yanks land ace Cole on record 4M, 9-year deal

SAN DIEGO (AP) — The New York Yankees landed the biggest prize of the free agent market, adding Gerrit Cole...

Santa, soldiers bring joy to town with river erosion crisis

NAPAKIAK, Alaska (AP) — A school employee wearing a traditional pink Alaska Native smock called a kuspuk...

Saudi Aramco gains 10% in debut to clinch top seat at jumi.8T

RIYADH, Saudi Arabia (AP) — Saudi Arabia's oil company Aramco gained 10% in its first moments on the stock...

No Christmas tinsel in Iraq, in solidarity with protesters

BAGHDAD (AP) — The Christmas tree in the middle of a central Baghdad plaza occupied by anti-government...

Turkey doesn't rule out force to halt drilling off Cyprus

ANKARA, Turkey (AP) — Turkey could use its military forces to halt any exploratory gas drilling in waters...

French government raises retirement age as strikes grind on

PARIS (AP) — France's prime minister said Wednesday the full retirement age will be increased for the...

McMenamins
By The Skanner News

Albina Community Bank recently released its first-quarter earnings statement for 2006.

Albina Community Bancorp, parent company of Albina Community Bank, earned a net income of $73,867 for the quarter ending March 31, an increase from the $24,729 earned during the same period in 2005. Diluted earnings per share of common stock were $0.17, an increase from the $0.06 earned in the first quarter of 2005.

The bank is continuing work on its fifth branch at 5636 N.E. Sandy Blvd., and expects to open that branch in May.

Additionally, through a partnership with the Housing Authority of Portland, the Albina Community Bank's new ATM on Main Street in New Columbia in North Portland will be available to customers this month.

The bank has established depository relationships with other banks that will enable business clients to make their deposits at the other bank's branches, effectively expanding Albina's branch network.

"Through branch openings, remote ATMs, business depository, cash management and courier services, we're doing everything we can to provide greater access to smart local banking that also makes a difference in our neighborhoods," said Cheryl Cebula, executive vice president and chief operating officer.

Total assets were $126.6 million on March 31, compared to $112.1 million on March 31, 2005, a 12 percent increase. Loan net of reserves were $84.9 million, an increase of $2.6 million, or 3 percent from a year ago. Deposits increased $13.5 million, or 9 percent, to $108 million from levels on March 31, 2005, and $4.5 million, or 4.3 percent from Dec. 31, 2004.

The bank's nonperforming loans stand at $489,023 on March 31, representing 0.57 percent of total loans compared to zero for the first quarter of 2005. The allowance for loan losses to total loans ended the period at 1.42 percent and 1.44 percent for 2006 and 2005 respectively.

Albina Community Bank opened in December 1995 as the sole subsidiary of AlbinaCommunity Bancorp. It is one of just 51 commercial banks in the country and the only one in Oregon certified by the U.S. Treasury as a community development financial institution. Albina is additionally certified as a minority-owned bank. It is independently and locally owned through the Northeast Community Development Trust and individual shareholders in the community.

It operates from four locations: 2002 N.E. Martin Luther King Jr. Blvd., 8040 N. Lombard St., 4020B N.E. Fremont St. and 430 N.W. 10th Ave.

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