Welcome to our dedicated page for Bank Idaho Hldg news (Ticker: BOID), a resource for investors and traders seeking the latest updates and insights on Bank Idaho Hldg stock.
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 Idaho Hldg'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 Idaho Hldg's position in the market.
Bank of Idaho Holding Co. (OTCQX:BOID) has successfully completed a private placement of $15 million in fixed-to-floating rate subordinated notes aimed at enhancing its banking operations. The fixed interest rate is set at 3.375% until September 2026, transitioning to a floating rate thereafter. Funds will be utilized for general banking purposes and expansion efforts. CEO Jeff Newgard expressed optimism regarding the company's future and the importance of relationships in banking.
Summary not available.
Summary not available.
Summary not available.
Bank of Idaho Holding Company (OTCQX:BOID) reported its second-quarter results for 2021, showing net income of $1,954,000, or $0.76 per diluted share, down from $2,097,000 or $0.82 per diluted share in the previous quarter. Total assets increased to $661 million, while deposits surged 29.5% year-over-year. Loan growth (excluding PPP) rose 7.5% quarter-over-quarter, led by commercial real estate. The bank's Tier 1 leverage ratio decreased to 9.55%, and book value per share improved to $23.30. Nonaccrual loans decreased to $4.1 million.
Summary not available.
Bank of Idaho (OTC PINK:BOID) has emerged as a leading lender in SBA 7(a) loans, according to SBA rankings from the Boise District Office. The bank's establishment of a dedicated SBA lending department has paid off, with impressive results in the first half of the fiscal year. Bank of Idaho is recognized for its high volume of loans approved and total dollar amounts lent, placing it among the top three lenders in the region. The bank has also actively engaged in PPP lending during the pandemic to support small businesses.
Summary not available.