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Bank Of Idaho Holding Co - BOID STOCK NEWS

Welcome to our dedicated news page for Bank Of Idaho Holding Co (Ticker: BOID), a resource for investors and traders seeking the latest updates and insights on Bank Of Idaho Holding Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bank Of Idaho Holding Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bank Of Idaho Holding Co's position in the market.

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Bank of Idaho Holding Company reported strong financial results for the first quarter of 2024, with consolidated net income of $3,067,000, or $0.69 per diluted share, showcasing growth from previous quarters. The Company's commitment to credit and pricing discipline led to increased loan production, core deposits, and pre-tax, pre-provision net income. The tangible book value per share also saw a significant increase. Despite margin pressure from the Fed's rate policy, the Company's net interest income remained steady. Non-interest income and expenses showed positive trends, contributing to an overall efficient operation. Total assets, loans held for investment, and deposits all displayed growth, demonstrating the Company's strong financial position. Asset quality remained robust, with capital ratios exceeding regulatory requirements. The Company's performance indicates a positive outlook for future growth and profitability.
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Bank of Idaho appoints Michael Day from Sunfair Marketing to its Board of Directors, bringing operational expertise and strategic vision to drive growth. Day's background in agriculture and logistics will enhance the bank's direction and excellence.
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Bank of Idaho Holding Company (BOID) reported consolidated net income of $2,076,000, or $0.47 per diluted share, for the fourth quarter of 2023. The Company saw growth in loans held for investment and total deposits, along with an increase in pre-tax, pre-provision income. However, there was a decrease in noninterest income and an increase in provision expense, leading to a decrease in net income from the previous quarter. Despite this, the Company's balance sheet remains strong, with total assets of $1.14 billion as of December 31, 2023.
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The Federal Reserve Bank of San Francisco appoints Jeff Newgard, Chairman, President, and CEO, as the newest member of the Community Depository Institutions Advisory Council (CDIAC). Newgard's appointment is effective from January 1, 2024. The CDIAC serves as a crucial communication channel between the Federal Reserve and community depository institutions across the Twelfth District, offering valuable perspectives on local economic conditions, banking issues, regulatory policies, and operational realities faced by community banks and credit unions.
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Bank of Idaho Holding Company (OTCQX:BOID) reported consolidated net income of $2,572,000, or $0.58 per diluted share, for Q3 2023, compared to $2,274,000, or $0.51 per diluted share, for Q2 2023, and $678,000 or $0.15 per diluted share, for Q3 2022. Loans held for investment grew $50.7 million, or 6.5%, in Q3 2023 and increased $194.2 million, or 30.4%, from Q3 2022. Total deposits increased $10.7 million, or 1.2%, in Q3 2023 and were up $50.9 million, or 6.0%, from Q3 2022.
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Bank of Idaho appoints Kevin Ahern to its Board of Directors, his extensive experience will enhance strategic planning efforts and drive bank's growth.
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Bank of Idaho Holding Company (OTCQX:BOID) reported consolidated net income of $2,274,000, or $0.51 per diluted share, for Q2 2023, compared to $1,589,000, or $0.36 per diluted share, for Q1 2023. Loans held for investment grew $38.5 million, or 5.2%, in Q2 2023. Total deposits increased $46.3 million, or 5.5%, in Q2 2023. Pre-tax, pre-provision net income was $3.66 million in Q2 2023. Tangible book value per share decreased to $23.06, or 1.2%, from $23.33 at Q1 2023.
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Bank Of Idaho Holding Co

OTC:BOID

BOID Rankings

BOID Stock Data

125.09M
2.54M
4.29%
Commercial Banking
Finance and Insurance
Link
US
Idaho Falls