Idaho Business Review IBR

All four of the Idaho-based banks that got money from the federal government through the Troubled Asset Relief Program have yet to wipe the debt from their books, and three of them are lagging on interest payments. “It just comes ...

Idaho-based banks and savings institutions aren’t expected to report any miracles when their first-quarter performance reports come out later this month, but state Department of Finance Director Gavin Gee likes some trends he has seen recently. “We’re seeing some positive ...

Boise-based US Ecology Inc. reported earnings of $3.3 million or 18 cents per diluted share in the first quarter. That’s up from $1.8 million or 10 cents per share, a year earlier. Revenue totaled $34.1 million in the March 31 ...

Idaho First Bank reported a smaller loss in the first quarter. The McCall-based bank lost $143,000, down from $391,000 in the fourth quarter of 2010 and $509,000 in the first quarter of 2010. Non-performing assets dropped from $4.5 million on ...

The U.S. Small Business Administration picked Pocatello-based Idaho-Nevada Community Development Financial Institution among six lenders to start making loans through a new SBA program. The pilot Community Advantage program aims to get small loans to populations that have been underserved ...

The Zions Bank Women’s Financial Group is taking applications through July 8 for Smart Women Grants of up to $3,000. Zions plans to award six grants. It appears the recession did not affect the number and type of applications received ...

Boise-based Syringa Bancorp, recently under regulatory scrutiny and struggling to raise capital, now has $10.7 million in investor commitments in escrow. The money is targeted for investment in Syringa Bancorp common stock and the purchase of certain classified assets of ...

Grocer Supervalu Inc.’s fiscal fourth-quarter net income dipped 2 percent, partly weighed down by softer sales and store closings. The earnings topped Wall Street expectations. Supervalu stock surged $1.42, or 16 percent, to $10.50 in premarket trading. The stock has ...

Small business borrowing improved slightly last year after plunging in 2009, said Kelly Robertson, Boise-based senior vice president and director of regional credit for Zions Bank. Activity so far this year has been similar to that of 2010. “We continue ...

Donnelly residents Louis and Paige Miller got their first forest-restoration contract, to thin out underbrush and small trees land managers consider wildfire fuel, in the summer of 2009. They lined up more contracts, and early the next year applied for ...