10-14-2019  9:08 am   •   PDX Weather    •   SEA weather  
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NORTHWEST NEWS

Hank Willis Thomas Exhibit Opens at Portland Art Museum

One of the most important conceptual artists of our time, his works examine the representation of race and the politics of visual culture

Grocery Workers Union Ratifies Contract with Stores

The United Food and Commercial Workers Union has agreed a three-year contract for stores in Oregon and Southwest Washington

PCC Weighing Community Input on Workforce Training Center, Affordable Housing in Cully

Portland Community College is compiling the results of door-to-door and online surveys

Lawsuit Filed Against Hilton Hotels in “Calling His Mother While Black” Discrimination Case

Jermaine Massey was ousted from the DoubleTree Hotel in Portland where he was a guest and forced to find lodging at around midnight

NEWS BRIEFS

Protesters Rally in Ashland to Demand 'Impeach Trump Now'

Activists are rallying in Ashland Sunday Oct, 13 to demand impeachment proceedings ...

Black Women Help Kick off Sustainable Building Week

The event will be held at Portland’s first and only “green building” owned and operated by African-American women ...

Voter Registration Deadline for the November Special Election is Oct. 15 

The Special Election in Multnomah County will be held on Nov. 5, 2019 ...

Franklin High School’s Mercedes Muñoz Named Oregon Teacher of the Year

In a letter of recommendation, Muñoz was referred to as “a force of nurture.” ...

Founder of Black Panther Challenge Creates Brand To Support Mental Health

The launch comes during Mental Health Awareness Week. The creators say they want people around the world to know that they aren’t...

Oregon woman dies in head-on crash on Seward Highway

SEWARD, Alaska (AP) — An Oregon woman died in a weekend head-on crash on the Seward Highway.Alaska State Troopers say 39-year-old Wendy Cox died at Mile 66. Her hometown was not immediately released.Troopers say roads at around 8 a.m. Saturday were slick and icy.Cox was driving a sport...

Oregon may allow BYO food containers in stores, restaurants

SALEM, Ore. (AP) — Oregon may soon allow customers to bring their own reusable food containers to grocery stores and restaurants in an effort to curb plastic waste.The Statesman Journal reports that's not currently allowed under U.S. Food and Drug Administration rules, which Oregon has...

Bryant bounces back to lead Missouri over Mississippi

COLUMBIA, Mo. (AP) — Last week, when he heard a pop in his left knee after being hit low, Missouri quarterback Kelly Bryant briefly saw his college football career pass before his eyes. The injury wasn't as bad as it looked, and Bryant played like his old self in a 38-27 victory over...

Missouri out to stop Ole Miss ground game in SEC matchup

Ole Miss coach Matt Luke has watched every game Missouri has played this season, and he was no doubt excited by the way Wyoming ran wild against the Tigers in their season opener.It should have portended good things for the Rebels' own vaunted rushing attack.But the more Luke looked at the video,...

OPINION

“Hell No!” That Is My Message to Those Who Would Divide Us 

Upon release from the South African jail, Nelson Mandela told UAW Local 600 members “It is you who have made the United States of America a superpower, a leader of the world" ...

Rep. Janelle Bynum Issues Response to the Latest Statement from Clackamas Town Center

State legislator questions official response after daughter questioned for ‘loitering’ in parking lot ...

Why Would HUD Gut Its Own Disparate Impact Rule?

"You can’t expand housing rights by limiting civil protections. The ’D’ in HUD doesn’t stand for ‘Discrimination’" ...

Despite U.S. Open Loss, Serena Williams Is Still the Greatest of All Time

Serena Williams lost her bid for what would have been her sixth U.S. Open Singles title ...

AFRICAN AMERICANS IN THE NEWS

Ole Miss honors student wears blackface, prompts warning

OXFORD, Miss. (AP) — A University of Mississippi honors student has reported himself to the college for posting a photo online of him wearing blackface, prompting the school to issue a warning about costumes.Citing a school email, news outlets report the student told the college he...

Census Bureau seeks state data, including citizenship info

The U.S. Census Bureau is asking states for drivers' license records that typically include citizenship data and has made a new request for information on recipients of government assistance, alarming some civil rights advocates.The two approaches, documented by The Associated Press, come amid...

Queen Latifah to receive Harvard black culture award

CAMBRIDGE, Mass. (AP) — Music artist and actress Queen Latifah is among the honorees being recognized by Harvard University this year for their contributions to black history and culture.Harvard is set to award the W.E.B. Du Bois Medal to Queen Latifah and six other recipients on Oct. 22,...

ENTERTAINMENT

Trump calls for Spicer votes on 'Dancing with the Stars'

LOS ANGELES (AP) — President Donald Trump is trying to influence votes on ABC's "Dancing with the Stars."Trump on Monday tweeted that viewers should vote for former White House press secretary Sean Spicer. The president called Spicer a "good guy" and wrote "he has always been there for...

Queen Latifah to receive Harvard black culture award

CAMBRIDGE, Mass. (AP) — Music artist and actress Queen Latifah is among the honorees being recognized by Harvard University this year for their contributions to black history and culture.Harvard is set to award the W.E.B. Du Bois Medal to Queen Latifah and six other recipients on Oct. 22,...

Book by Fusion GPS founders coming out next month

NEW YORK (AP) — The co-founders of a political research firm behind allegations about President Donald Trump's ties to Russia have a book coming out next month.Random House announced Monday that "Crime in Progress: Inside the Steele Dossier and the Fusion GPS Investigation of Donald Trump"...

U.S. & WORLD NEWS

In 'Jojo Rabbit,' Waititi attempts his boldest balancing act

TORONTO (AP) — It's just a few hours before "Jojo Rabbit" will make its world premiere and writer-director...

Hong Kong police say homemade bomb targeted officers

HONG KONG (AP) — A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was...

Where you die can affect your chance of being an organ donor

WASHINGTON (AP) — If Roland Henry had died in a different part of the country, his organs might have been...

Haiti's embattled president faces 5th week of protests

PORT-AU-PRINCE, Haiti (AP) — Haiti's embattled president faced a fifth week of protests on Monday as road...

Trump says he'll look into case after Fox appearance

WASHINGTON (AP) — President Donald Trump says he'll "be looking into" the case of a U.S. financial adviser...

Hong Kong police say homemade bomb targeted officers

HONG KONG (AP) — A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was...

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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