SEASIDE — Clatsop Community Bank reported a net profit of $63,000 or $0.06 per diluted share, for the three months ended Dec. 31, 2015, compared to net profit of $1.55 million, or $1.42 per diluted share, for the same period in 2014. For the 2015 calendar year, the bank reported a net profit of $533,000, or $0.50 per share, compared to net profit of $1.78 million, or $1.66 per share for the same period in 2014.

Total assets of $78.0 million as of December 31, 2015 increased $6.8 million, or 9.55 percent, compared to $71.2 million in assets a year ago.

Loans, net of unearned income, increased $3.6 million to $51.4 million as of Dec. 31, or 7.53 percent compared to $47.8 million a year ago.

“Management is pleased with the financial results Clatsop Community Bank achieved during 2015. The entire industry has experienced tremendous pressure from regulators, historically low interest rates, and fierce competition. Even under these circumstances, the bank easily had the best operating performance in its history,” said Joe Schulte, president and chief executive officer.

ABERDEEN — Pacific Financial Corp., holding company for Bank of the Pacific reported net income of $1.4 million, or $0.13 per share, for the fourth quarter of 2015, compared to $1.1 million, or $0.11 per share, for the fourth quarter a year ago.

For the full year 2015, the bank’s net income increased 15 percent to $5.6 million, or $0.54 per share, from $4.9 million, or $0.48 per share, for 2014. Driving profitability in 2015 was robust loan growth, solid net interest margin and increased non-interest income.

“We are continuing to expand our residential mortgage generation capacity into other growth markets in western Washington and Oregon,” said Denise Portmann, president and chief executive officer.

CLATSOP COUNTY — Clatsop County has among the lowest real-estate closing costs in Oregon, according to a study New York financial technology company SmartAsset.

Clatsop County was among those with the lowest closing costs in Oregon, ranking number 6 among the state’s 36 counties, up from a rank of 8 last year.

Clatsop County’s closing costs averaged $3,303 on a median home value of $248,300, or about 1.3 percent.

For details, see tinyurl.com/ORClosingCosts.

ASTORIA — Clatsop County’s seasonally adjusted unemployment rate was 5.3 percent in December, essentially the same as the 5.5 percent in November, but lower than the 6.1 percentt recorded year before. It was essentially the same as the statewide rate of 5.4 percent, and the national rate of 5 percent.

Seasonally adjusted nonfarm payroll employment fell by 110 in December to 17,740. Seasonally adjusted figures compare expected changes with actual changes. A loss of 170 jobs is normal for the month, but the county shed 280 jobs. The private sector dropped all 280 jobs, and government employment was unchanged. The loss came mostly from a slowdown in tourism-related jobs.

LONG BEACH — Pacific County’s jobless rate increased to 9.5 percent — third highest in Washington state — in December 2015 as lack of clamming and crabbing seasons began to bite the local economy.

The county jobless rate was 8.5 percent in November. The December rate was about 1 percent better than in December 2014, 2 percent better than December 2013 and 3 percent better than December 2012.

The state estimates the county’s number of filled jobs to have been 7,406 in December 2015, compared to 7,178 a year earlier.

The state’s unemployment rate was 5.9 percent in December.

Communication is the basis for good working relationships. CCC is offering a class on Communication and Listening Skills for Professionals. The class will run two Tuesdays, Feb. 16 and 23 from 8 a.m. to noon at the CCC South County Center in Seaside, 1455 N. Roosevelt.

To register go to www.clatsopcc.edu/schedule and search for Communication under Course Title or call 503-338-2402.

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