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Special Report

INB parent reports rise in earnings, fewer bad loans

Company finishes quarter in black for sixth straight time; net loans increase
August 15, 2013
Linn Parish
Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, has reported second-quarter net income available to common shareholders of $1 million, or 33 cents a diluted share, up from about $120,000, or 4 cents a share, in the
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Economists foresee faster improvement

GDP growth is projected to ramp up more quickly during first half of 2014
August 15, 2013
American Banking Association
Although economic growth has been constrained in recent quarters, it will accelerate later this year and into 2014 as external pressures and fiscal drag ease, says the economic advisory committee of the American Bankers Association.According to
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—Staff photo by Jessica Valencia

Ken Roberts Investment Management set to change hands

Ken Roberts to hand reins to two employees, but will continue working full time
August 15, 2013
Jessica Valencia
Ken Roberts, president of longtime Spokane wealth-management company Ken Roberts Investment Management Inc., says he plans to sell the company to two employees, a process expected to be completed by this fall. Meanwhile, a five-year plan by the
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—Staff photo by Treva Lind

Bank with blue couch looks to grow

Columbia has 13 branches east of Cascades, foresees more in the Spokane area
August 15, 2013
Treva Lind
Two years after gaining a foothold in the Inland Northwest, Tacoma, Wash.-based Columbia Bank is eyeing potential expansion in the next two years with additional branches in the Spokane area and North Idaho, a regional manager here says. "We two
Read More

Study suggests disconnect between goals, preparedness

Respondents expect to be happy in retirement, but appear to be ill-prepared
August 1, 2013
Business Wire
More than three-fourths of Americans nearing retirement expect to be extremely happy after they leave the workforce, a survey suggests. And why not? They are looking forward to spending unrestricted time with family, traveling, and pursuing hobbies
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Fidelity says average IRA balances hit five-year high

Total contributions have increased by 7.5 percent during four-year period
August 1, 2013
Business Wire
Boston-based Fidelity Investments' analysis of nearly 7 million Individual Retirement Accounts, released last month, shows the average balance reached a five-year high of $81,100 at the end of tax year 2012, a 53 percent increase from the end of to
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—Staff photo by Jessica Valencia

Handling someone's digital life after death

Social networks, email should be accounted for, estate planners here say
August 1, 2013
Jessica Valencia
With more people frequenting social media networks, using password-protected online services, and moving to paperless bill statements, the issue of what to do with someone's digital life after death has increased in recent years, law professionals
Read More

Alzheimer's patients found less likely to develop cancer

Researchers say results were true for living, those who died during study
August 1, 2013
News Wise
Older people with Alzheimer's disease are less likely to also have cancer, and older people with cancer are less likely to also have Alzheimer's disease, says a study on the topic that appears in the July 10 online issue ofNeurology, the medical a
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Demand for services rises; funding doesn't, study says

Medicaid-covered options to grow under Obamacare; others said underfunded
August 1, 2013
Even as states begin to implement long-term services and supports options in the Affordable Care Act that increase access to Medicaid home and community based services, most states didn't increase funding for non-Medicaid services, says a report by
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—Staff photo by Treva Lind

In-home care provider sees insurance coverage rise

Addus HealthCare says Inland Northwest client base is growing steadily
August 1, 2013
Treva Lind
Addus HealthCare, a national provider of in-home care services operating in Spokane since 1979, helps mainly senior clients with daily-living tasks, and increasingly, long-term care insurance providers are paying at least part of the cost, a here a
Read More
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