Business News • MarketWire • Idaho First Bank Reports 3rd Quarter Results |
Idaho First Bank Reports 3rd Quarter Results |
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Idaho First Bank Reports 3rd Quarter Results
MCCALL, ID--(Marketwired - November 01, 2016) - Today Idaho First Bank (OTC PINK: IDFB) reported financial results for the third quarter of 2016, with a net loss of $102,000, as a result of investment in new branches and increased provisions for loan losses. "While it is disappointing to report a loss for the quarter it results from a strategic decision to invest in our brand and market. The New Meadows branch is an extension of our home market and the Eagle branch will be a key market expansion within the Treasure Valley," stated President and CEO Greg Lovell.
View More : http://www.marketwired.com/mw/release.do?id=2171813&sourceType=3
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