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Financial Services

Intermountain Community Bancorp posts $24.7M loss (access required)

Intermountain Community Bancorp’s losses ballooned in the third quarter. The Sandpoint-based holding company, parent of Panhandle State Bank, reported a $24.7 million loss, or $2.95 per share, for the quarter that ended Sept. 30. That’s up from $2.9 million, or ...

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Wells Fargo remodels east Boise branch (access required)

Wells Fargo is remodeling the interior of its bank branch at Boise Avenue and Apple Street in southeast Boise. The project at 818 Boise Ave. includes building a new teller line; adding a fifth teller station; and replacing carpet, paint ...

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Glacier Bancorp reports $9.4M profit in third quarter

Glacier Bancorp reported a net profit of $9.4 million in the third quarter, but write-downs of problem assets and sluggish lending limited bigger gains. The Kalispell, Mont.-based bank holding company, parent of Idaho-based Mountain West Bank of Coeur d’Alene and ...

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Banner Corp. posts $42M loss for the quarter (access required)

Banner Corp. reported a third-quarter net loss of $42.7 million, or 40 cents per share, driven by loan losses and investment write-downs. The Walla Walla-based holding company, parent of Banner Bank and Islanders Bank, set aside $20 million for loan ...

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Allstate plans call center in Chubbuck (access required)

A low cost of living and a high number of bilingual residents helped attract an Allstate Insurance Co. call center to the Chubbuck and Pocatello area. The Illinois-based company announced plans Oct. 21 to build a $21.9 million center in ...

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Mortgage originators put off taking state exam (access required)

Time is running out for many Idaho mortgage originators to pass a required state exam. As of Oct. 15, 73 percent had passed the national exam and 47 percent had passed the state exam, said K.C. Schaler, Idaho Department of ...

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Zions Bancorp curbs losses in third quarter (access required)

Zions Bancorporation reined in losses in the third quarter as it resolved more problem loans and tallied a drop in delinquencies. The Salt Lake City-based bank holding company, parent of Zions First National Bank, reported a net loss of $80.5 ...

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Icon Credit Union moves, expands in CDA

Icon Credit Union in early October moved its Coeur d’Alene branch from North Government Way to a larger building at 1336 W. Kathleen Ave., Senior Vice President Karma Samartino said. She would not disclose the purchase price but said Icon ...

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Investigation initiates foreclosure moratorium

By Ben Mook As calls for a moratorium on foreclosures and sales of foreclosed homes continue to grow, so do the calls for it to be as short as possible to avoid hindering a housing market still trying to recover. ...

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