Spokane Journal of Business

Local News > Finance

Northwest Farm Credit Services sees jump in earnings

Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, has reported third-quarter earnings of $75.3 million, an increase of 73 percent compared with $43.6 million in the year-earlier quarter.The association the to in...

Sterling's net income declines

Sterling Financial Corp., the Spokane-based parent of Sterling Bank, reported today third-quarter net income of $21 million, or 33 cents a diluted share, compared with $30.6 million, or 49 cents a share, in the year-earlier quarter.Greg Seibly, in...

Panhandle State Bank parent posts jump in net

Intermountain Community Bancorp, the Sandpoint-based holding company for Intermountain Community Bank and Panhandle State Bank, reported this morning third-quarter net income of $1.5 million, or 23 cents per diluted share, up from income of or 5 a...

Give generously, but understand tax implications first

There are many options when it comes to charitable giving. With some advance planning, you can make a difference for a cause that's important to you. But before you dive in, make sure you have a clear strategy and understand the basic rules for...

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Tax experts plot strategies to soften blows of rate jump

The largest year-over-year individual tax increases in at least a decade are in effect, and high-income earners who haven't planned for them might be in for a shock, tax preparers here say.Many middle-income taxpayers also might be surprised by...

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Private venture, nonprofit vision

Central United Methodist Church, in downtown Spokane, is taking a business approach to help homeless people find work, recently providing $100,000 in seed money from an endowment fund to launch Change for the Better LLC.The company, which in May...

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STCU readies new branch project at Cd'A retail center

Spokane Teachers Credit Union, of Liberty Lake, says it will begin construction within the next 18 months on a branch at The CrossRoads Coeur d'Alene retail center, which will have a WinCo Foods outlet as the anchor store.In the retail complex,...

Washington Trust maintains lead in Spokane County deposits

Spokane-based Washington Trust Bank once again has topped banks in deposits in Spokane County, says an annual market share report just released by the Federal Deposit Insurance Corp. Washington Trust's deposits in the county totaled about $1.73...

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Liberty Mutual to expand at Liberty Lake

Liberty Mutual Insurance, the Boston-based insurance conglomerate, has signed a long-term lease for a 64,000-square-foot building that Greenstone Corp. will develop for it on the Meadowwood Technology Campus, in Liberty Lake, says Wayne Frost, for...

Eyed Federal Reserve action needn't dissuade investors

Stocks recently have started to pause after having run up so strongly since last Thanksgiving. So far, through June, we've made a nice full year's performance. I think it's unrealistic to assume the market would continue up at the rate it has so of...

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