Holding company for Inland Northwest Bank
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.
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.
sponsored According to two 2015 surveys, 62 percent of Americans do not have enough savings to handle an unexpected emergency, much less any long-term plans.