Idaho First Bank Reports 2008 Financial Results

(OTCBB:IDFB) Idaho First Bank (ID) Press ReleaseSource: Idaho First Bank Idaho First Bank Reports 2008 Financial ResultsMonday February 9, 4:11 pm ET MCCALL, ID-Feb 9, 2009 - recently Idaho First Bank reported financial results for 2008. The Bank experienced significant growth during 2008. Loans grew to $51.7 million, a 90% increase from December 31, 2007. Deposits grew by 67% during the same period to $53.3 million at the end of 2008. "We are pleased with the growth of the Bank during these times of economic challenge. We believe we have become the largest bank in McCall during the year, measured by deposits," said Greg Lovell, President and CEO. The net loss reported for 2008 was $2,007,000 compared to a loss of $1,447,0
Read article...

Idaho First Bank Reports Financial Results

(OTCBB:IDFB) Idaho First Bank (ID) Press ReleaseSource: Idaho First Bank Idaho First Bank Reports Financial ResultsThursday October 30, 8:37 pm ET MCCALL, ID-Oct 30, 2008 - recently Idaho First Bank reported financial results for September 30, 2008. The Bank experienced significant growth during the past year. Loans grew to $45.8 million, an 80% increase from September 30, 2007. Deposits grew by 58% during the same period to $49.0 million at September 30, 2008. Based upon the most recent FDIC Summary of Deposits and deposit changes since that report, the Bank believes that it now is the largest bank in McCall, measured by deposits. The net loss reported for the nine months ended September 30, 2008, was $1,404,000 compared to a loss of $1,031,000 in the first
Read article...