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Coeur D Alene Bancorp - CDAB STOCK NEWS

Welcome to our dedicated news page for Coeur D Alene Bancorp (Ticker: CDAB), a resource for investors and traders seeking the latest updates and insights on Coeur D Alene Bancorp.

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 Coeur D Alene Bancorp'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.

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Rhea-AI Summary
Coeur d'Alene Bancorp (CDAB) reports net income of $385,434 for Q1 2024, a slight decrease from Q1 2023. Total assets increased to $239.9 million, with gross loans up by 13.0%. Despite margin pressure, the company opened a commercial lending office in Spokane Valley.
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Coeur d'Alene Bancorp (CDAB) reported a net income of $563,908 for Q4 2023, compared to $561,223 in the previous quarter and $825,017 for Q4 2022. Total consolidated assets were $238.3 million as of December 31, 2023, a decrease of 2.5% from the previous year. Total loans increased by $11.65 million, while total deposits decreased by 12.3%. The board declared a cash dividend of $0.30 per share on December 17, 2023, to be paid on January 17, 2024.
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Coeur d'Alene Bancorp (OTC Pink:CDAB) reported net income of $543,152 or $0.29 per share for Q2 2023, compared to $413,517 or $0.22 per share for Q2 2022. Total consolidated assets decreased by 5.9% to $236.4 million. Gross loans increased by 16% to $112 million. Total deposits decreased to $213.1 million. Year-to-date net income increased by 47% over the previous year. Loan demand increased by 4.51% in Q2. The investment portfolio remains short and is expected to provide liquidity in the coming quarters. Increased competition for deposits may pressure net interest margin in the second half of the year.
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Coeur D Alene Bancorp

OTC:CDAB

CDAB Rankings

CDAB Stock Data

23.64M
954.51k
Commercial Banking
Finance and Insurance
Link
United States
Coeur d'Alene