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Thursday, December 12, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: inland northwest bank

UPDATED: Wed., Sept. 19, 2018

Spokane’s INB Performing Arts Center gets a new name and a major update

The newly renamed First Interstate Center for the Arts will sport new art, new access and new systems.

UPDATED: Wed., July 18, 2018

INB’s parent company reports improved 2Q earnings

Inland Northwest Bank’s parent company reported improved second quarter results Wednesday, as the company moves closer to a merger with a Montana bank.

UPDATED: Thu., April 26, 2018

Montana company to acquire Spokane-based Inland Northwest Bank

A Montana company is buying Inland Northwest Bank – the latest acquisition of a publicly traded company headquartered in Spokane.

Northwest Bancorp earnings reflect tax law’s impact, CenterPointe deal

Northwest Bancorp, the parent company of Inland Northwest Bank, reported lower fourth-quarter and year-end earnings, citing costs associated with the purchase of another bank and charges related to federal tax …

INB parent purchases Oregon bank

The parent company of Inland Northwest Bank has purchased a community bank in Oregon in a $16.2 million cash-stock sale.

New details emerge in Spokane bank robbery

Phone records show that the two suspects in a Wednesday morning bank robbery texted each other about “hitting” a bank and making a “withdrawal,” according to court documents.

UPDATED: Wed., Sept. 30, 2015

Two men arrested for morning bank robbery

Two men have been arrested in connection with a bank robbery at the Inland Northwest Bank at Ruby and Ermina around 11 a.m. Wednesday.

Banks, credit unions add restrictions to cards in wake of fraud outbreak

Some local credit and debit card holders are discovering new restrictions on how much they can spend in a day on their cards or where they can use them. The …

INB paying off TARP loan

Spokane-based Northwest Bancorporation, the parent company of Inland Northwest Bank, will use $12.5 million it raised recently to pay off the money it received in 2009 from the U.S. Treasury’s …

Tar, feathers spill onto good bankers

Randy Fewel’s an awfully nice guy. For a banker.

Shawn Vestal: Small banks don’t deserve knocks

Randy Fewel’s an awfully nice guy. For a banker. Actually, Fewel seems like an awfully nice guy for a guy. A person. A human being.

Local financial institutions weighing options

Local bank and credit union officials said last week they have no immediate plans to eliminate free checking, but pending Federal Reserve Bank regulations may force them to reconsider. Inland …

Suspect arrested in phoned-in bank robbery

The request was clear: $10,000, or bombs would detonate at five Spokane elementary schools. Police say that phone call to a north Spokane bank turned out to be nothing more …

Would-be bank robber threatens school children

A man called the Inland Northwest Bank at 500 W. Francis Ave. and demanded a large sum of money just before noon Thursday. The man threatened to harm local school …

Local bank’s parent reports loss

Northwest Bancorporation on Friday reported a third-quarter loss driven by a substantial increase in provisions for future loan losses. Northwest, parent of Inland Northwest Bank, lost $611,000, or $804,000 for …

Local companies get chance to shine

Key Tronic Corp. has transformed itself from a company once wholly dependent on its keyboard business to one that makes gaming machines, printers, medical devices and satellite control units. It …

Road still bumpy for area banks, leader says

Five Eastern Washington banks serving Spokane have lost nearly $750 million since 2007, and bad loans will keep the pressure on the banks for the foreseeable future, the president of …

ILF Media relocates to newly refurbished digs

ILF Media has moved into the former Spokane Art School building after investing more than $1.5 million in its purchase and renovation. The company, founded nine years ago in the …

In brief: INB’s parent posts quarterly loss

Northwest Bancorporation Inc. on Friday announced an $846,000 loss for the second quarter as a $1.8 million allowance for loan and lease options, coupled with higher FDIC premiums, offset an …

Lenders react with bit of optimism

With pages of details yet to be digested, Spokane-area lenders and researchers reacted cautiously Wednesday to the Obama administration’s foreclosure-prevention proposal. The Treasury Department estimates as many as 9 million …

Area bankers hopeful about federal initiative

Inland Northwest bankers Tuesday praised a new federal initiative to restore confidence in the banking system with expanded deposit guarantees and new capital. They said the programs developed by the …

Area banks weathering the storm

Wall Street credit woes have not yet filtered down to Riverside Avenue in Spokane or Sherman Avenue in Coeur d’Alene, Inland Northwest financial leaders said last week. Loans for restaurants, …

Amazon profit triples Inc.’s second-quarter profit more than tripled, boosted by strong sales of books, music and electronics worldwide. The Web retailer’s stock soared 11.3 percent in after-hours trading. Earnings for the …

Business in brief: Company expects revenue catch-up

Northwest Bancorporation Inc., parent of Inland Northwest Bank, reported Friday first quarter net income of $495,000, down 19 percent from $609,000 for the first quarter of 2007. Per-share earnings were …

Company to pay bigger dividend

Northwest Bancorporation Inc. announced Wednesday an annual cash dividend of 18 cents per share, payable on June 15. The Spokane-based parent of Inland Northwest Bank also declared a 5 percent …

Handle on Business: INB to open in Hayden, Spirit Lake

Once-rural vacant parcels gradually sprout buildings as Kootenai County continues to grow. One prime piece that had an “available” sign on it for quite a while now has a “Future …

Banking on a good year

Buoyed by a banner 2005, several Inland Northwest banking executives say they’re feeling almost as upbeat about business in 2006 — provided the Fed finally settles down. “If (interest) rates …