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Up Close - Up Close - February 28, 2013
Intermountain Community Bancorp reports upswing
Company posts earnings of $1.9 million for 2012 after ending '11 with loss

By Kim Crompton
Of the Journal of Business

Sandpoint-based Intermountain Community Bancorp, which operates Panhandle State Bank and Intermountain Community Bank, has reported fourth-quarter net income applicable to common shareholders of $910,000, or 14 cents a share, compared with $907,000, or $1.08 a share, in the 2011 fourth quarter.

For all of 2012, Intermountain posted net income of $1.9 million, or 33 cents a share, up from a net loss of $1.8 million, or $2.15 a share, in 2011.

All per-share results hav...


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