People's Bank of Commerce

www.outlierbuilt.com Southern Oregon's Commercial Construction Experts COMMITMENT TO COLLABORATION • COMMITMENT TO SAFETY • COMMITMENT TO EXCELLENCE • COMMITMENT TO QUALITY 841 O’Hare Parkway, Suite 100, Medford, OR 97504 | Office: 541-622-2040 customer meetings by appointment only. The branches are now open and clients are learning to deal safely during the pandemic with the mask requirements and hand sanitizer and social distancing.” BVM: What do you anticipate five years down the road for People’s Bank? Trautman: “We’re half a billion right now; five years from now we’ll probably be a billion. Most likely we’ll have three, maybe four, new branches. We’re not the dominant player yet in the markets we’re headquartered in, so we’re going to see some significant growth there. We feel that as a homegrown community bank, we should have over 20 percent market share. We’re getting close to that in the Medford market but there is a lot of opportunity to grow in the Grants Pass and Ashland and Klamath side. “During the pandemic, we did over 1,000 PPP loans for about $93 million – the majority under