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Idaho Independent Bank reports 2018 Q4 and year end results

Feb 07, 2019 - Marketline Newswire
Mergers and Acquisitions-Financial Results

Kurt Gustavel, President and Chief Executive Officer of Idaho Independent Bank has announced IIB's unaudited, consolidated financial results for the fourth quarter and year ending December 31, 2018.

Mr. Gustavel reported that IIB’s net income for the fourth quarter of 2018 was $4.5 million, or $0.57 per diluted share, as compared to an after tax loss of $326,000, or a loss of $0.04 per diluted share, in the same period a year ago. Income tax expense in the fourth quarter of 2017 incl...