Spokane Journal of Business

Local News > Finance

Inland Northwest Bank parent reports drop in earnings

Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, has reported third-quarter net income of $960,000, or 13 cents a diluted share, down from income of $1.55 million, or 24 cents a share, in the year-earlier quarter. For t...

Four benefits trends shape destination workplaces

As businesses tally expenses and set their budgets for next year, many won’t be able to escape the fact that health care price inflation continues to fuel increases in the cost of benefits. According to Arthur J. Gallagher & Co.’s 2017 Benefits Strat...

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Reform buzz builds uncertainty among Spokane-area tax pros

Some Spokane-area tax preparers say President Trump’s recently announced plan for tax reform has shifted their focus toward possible major changes coming in 2018, rather than the comparatively few changes in the tax code for this year. “In my opinion...

STCU names Eckhardt as its new president, CEO

STCU, the Liberty Lake-based credit union, announced this afternoon that it has selected veteran bank executive Ezra Eckhardt to become its new president and CEO. He will start in that position Jan. 1. Eckhardt will replace Tom Johnson, who announced p...

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Median household income increase in Spokane County outpaces U.S., state

Household income in Spokane County has increased at a faster pace than statewide and national incomes, data compiled by the Community Indicators of Spokane Initiative show. Countywide annual median household income rose 9.3 percent last year, according t...

Cover all essential bases when retirement planning

Whether you’re considering an upcoming retirement or already have made your transition and want to cover your proverbial bases, a few ideas will help you make plans and decisions. First, have a will in place. If you haven’t reviewed yours in the last...

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Spokane-Coeur d’Alene area’s decline in public-company headquarters proves steep

The Spokane-Coeur d’Alene area has lost publicly-traded company headquarters at a greater rate than similar sized metropolitan areas, according to an analysis completed earlier this month by Spokane-based Hart Capital Management Inc. Nine publicly trad...

Stay Alfred to provide stock options to employees

Stay Alfred, the nationwide urban vacation rental company based here, says its full-time employees will receive stock options in the 6-year-old company. In an August 31 press release, the company said the offerings are expected to create “future owners...

Banner Bank closes its branch near NorthTown

Banner Corp., the Walla Walla-based parent of Banner Bank, has closed its branch in the Northtown Office Building, at 4407 N. Division, just south of NorthTown Mall. Kelly McPhee, Spokane-based vice president of communications and public relations for Ba...

WTB Financial’s earnings rise in second quarter

Fueled by continued strong loan growth, WTB Financial Corp., the Spokane-based parent of Washington Trust Bank, says its second quarter net income rose by just more than $1 million from the end of the 2016 second quarter. Larry Sorenson, Washington Trust...

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