Northwest Bancorporation
Holding company for Inland Northwest Bank
| Stock symbol:
NBCT |
| Reporting period:
2Q |
| Earnings:
Profit of $758,000 18 cents per share
Versus 2Q 2013: Profit of $1.2 million (33 cents per share) |
| Revenue: Total revenue was $4.7 million, the same as 2Q 2013, the company reported.
For the first six months of 2014 revenue fell to $9.1 million, down from $9.7 million a year ago, due largely to a drop in mortgage refinancing. |
| Analysis:
Company CEO Randy Fewel said noninterest income dropped by $224,000 in the quarter, to $870,000. Much of that relates to lower service charges and lower income from foreclosed real estate properties. |