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Home » Authors » Kim Crompton

Articles by Kim Crompton

Wheatland Bank's earnings rise slightly, deposits jump

Loans slip 7.8 percent, but institution boosts capital; assets increase
March 24, 2011
Kim Crompton
Wheatland Bank, of Spokane, says it posted net income of just over $1.1 million last year, up about $92,000 from 2009, and had strong increases in deposits and assets, but a decline in loans, similar to what many other banks here M. Horton, CEO, of
Read More

STCU's net income leaps, loans increase 7 percent

Credit union averaged more than 1,000 new accounts a month in '10
March 24, 2011
Kim Crompton
Spokane Teachers Credit Union says it posted net income of $16.2 million in 2010, up nearly double from $9.1 million in 2009, and also had decent gains in loans and deposits, despite the continuing economic slump.The credit union—Spokane's
Read More
—Photo by Kim Crompton

Sirti metamorphosis in works

Proposal would combine it with Seattle counterpart
March 24, 2011
Kim Crompton
Sirti, the Spokane-based Washington state economic development agency that's focused on accelerating the development and growth of innovative technology companies, now is taking steps aimed at ensuring its own long-term presence here—though in
Read More

EWU plans to build new residence hall

University names ALSC to design it, hopes to start construction in early '12
March 10, 2011
Kim Crompton
Eastern Washington University's board of trustees has committed to financing about $25 million for a planned new residence hall on its Cheney campus, and a university committee has named ALSC Architects PS to oversee its design."It's the of what
Read More

Inland Power & Light's net margins fall

Co-op satisfied with its performance last year, but foresees little growth
March 10, 2011
Kim Crompton
Inland Power & Light Co., the Spokane-based electric cooperative, posted net margins of about $3.5 million for last year, down 27 percent from 2009, but CEO Kris Mikkelsen says she was generally pleased with its performance, given the weak I think
Read More
—Rendering courtesy of NBBJ Architects

Medical school aims to be rolling before end of decade

Inland Northwest impact put at $1.6 billion by 2030, but rests on assumptions
February 24, 2011
Kim Crompton
Despite sizable hurdles that seemingly could thwart—or at least delay—plans for a proposed four-year medical school here, unflinching backers of the school remain convinced it could be up and producing graduates as soon as 2018."That's
Read More

RiverBank posts $1 million loss; loans, deposits decline

Five-year-old boutique institution's assets fell 8 percent to $140 million
February 24, 2011
Kim Crompton
RiverBank, which opened for business here in 2006 and notched its first profitable calendar year in 2009, slid back last year to a net loss of slightly over $1 million, according to data it has filed with the Federal Deposit Insurance Corp.That
Read More

Rejuvenated staffing chain looks to grow

'Temporary permanent' worker demand pushes Command Center gains
February 24, 2011
Kim Crompton
Command Center Inc., a Post Falls-based temporary staffing company with 51 offices in 22 states, posted a sharp gain in revenues last year—driven heavily by employers' reluctance to hire more permanent workers—and says it will be seeking
Read More
—Image provided by LMN+ALSC

PFD expansion plan advances

Project cost put at $60 million to $70 million; 2012 vote eyed
February 24, 2011
Kim Crompton
The Spokane Public Facilities District board was to receive a final detailed report this week on plans for an estimated $60 million to $70 million expansion of the Spokane Convention Center, which the district expects to put before voters next for
Read More

EWU studies find little gain in regionalizing services

Government consolidating hasn't produced significant cost savings, researchers say
February 10, 2011
Kim Crompton
City and county consolidations, although a popular topic when local governments are under extreme fiscal pressure, haven't been shown nationally to produce the savings that advocates might expect.That's the conclusion of one of two new studies a
Read More
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