A hostile, yearlong takeover effort by Oregon's Western Bank ended in defeat last week.

The $600 million-asset Coos Bay bank had sought to buy the $132 million-asset Bank of Newport, which is headquartered halfway up Oregon's Pacific coast.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.