$18 billion aggregate earnings, though, were still well below historical norms, FDIC says
June 3, 2010
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. reported a first-quarter aggregate profit of $18 billion, a $12.5 billion improvement from the $5.6 billion the industry earned in the first quarter of 2009, a
New mortgage lending rules that require loan originators to disclose key loan terms and closing costs offer needed consumer protection, but also have slowed down the loan-approval process, some lenders here say.The rules that went into effect a
Idaho Gov. Butch Otter is at it again. Last week, he launched a Web site to lure businesses from states that he says have raised their taxes. Earlier, he had sent out personal letters to business owners conveying the same message.Otter, who made
Lalo's Pizza moves from South Perry to South Grand Brett and Teresa Wyatt have opened a Lalo's Pizza & Calzone outlet, at 909 S. Grand, on Spokane's South Hill, and have phased out their eatery of the same name inside the Hico Market,
The Salvation Army Coeur d'Alene Ray & Joan Kroc Community Center opened barely a year ago, but its director already is proposing a parking expansion to handle membership growth that has exceeded expectations by a huge margin.The director, Maj.
Robert B. Goebel General Contractor Inc., of Spokane, has begun working on tenant improvements at the new location of a Nordstrom Rack store at the Spokane Valley Plaza, at 14108 E. Indiana, just west of the Spokane Valley Mall.General Growth of
Ten of the first 18 homes planned or under construction in the long anticipated Kendall Yards urban community have been sold, says Liberty Lake-based developer Greenstone Corp., which now owns the 78-acre site. It says it plans to start selling 18
Integra Telecom Inc., a Portland, Ore.-based telecommunications provider that has had a location in Spokane Valley for four years, has opened a Spokane office, has boosted its staff here greatly, and now plans to double that work force.The which
Northwest Bancorporation Inc., of Spokane, is offering its shareholders rights to buy additional shares of the company's common stock in an offering that it hopes will raise $4 million.The bank-holding company, which owns Inland Northwest Bank,
Harlan Douglass, a prominent Spokane developer, has started site work on a $28.6 million apartment complex north of Shelley Lake, in Spokane Valley, says Carolbelle Branch, a spokeswoman for the city.Douglass couldn't be reached for comment, is