Arrow-right Camera


Northwest Bancorporation

Thu., July 17, 2014

Holding company for Inland Northwest Bank

Stock symbol:


Reporting period:



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.


There is one comment on this story »