August 1, 2013 in Business

Earnings: Northwest Bancorp Inc.

Holding company of Inland Northwest Bank
Stock symbol:NBCT
Reporting period:2Q

Profit of $1.22 million

(33 cents per share)

Versus 2Q 2012:

Profit of $289,000

(4 cents per share)

Deposits: $324.1 million
Assets:$391.2 million
Analysis: The quarter was the bank’s sixth consecutive profitable quarter, according to a company news release. Its balance of nonperforming assets was the lowest since 2008.

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