Financial institutions have reduced greatly the amount of repossessed real estate on their books following the Great Recession.
Scott Southwick, chief credit officer for Spokane-based Inland Northwest Bank, says nonperforming assets, which include reposs
Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, reported today fourth-quarter net income of $406,000, or 12 cents a share, up from $182,000, or 6 cents a share, in the year-earlier period.
This marked the company's
The Washington State Higher Education Facilities Authority last month issued revenue bonds that will help finance a new university center that's under construction at Gonzaga University, executives at the Jesuit school here say.
Chuck Murphy, Gonzagaï¿
Foreclosure actions completed in Spokane County swelled to a record level in 2013 following a four-year low in 2012, despite other indicators of improving real estate market trends.
Last year, the Spokane County Auditor's Office recorded 1,211 foreclos
Bankruptcy filings fell again in Eastern Washington and North Idaho last year, marking the third year in a row that they've declined.
The U.S. Bankruptcy Court's Eastern District of Washington reported 5,057 cases filed in 2013, down 7 percent from
Spokane-area retailers say they are planning for strong sales next year.
Bryn West, general manager for River Park Square, says the downtown shopping center expects to see an overall 3 percent increase in sales in 2014, which is on par with the predicti
Going into the new year, technology industry observers here say, positive trends in the sector statewide bode well for companies in the Inland Northwest, which they describe on the whole as coming back slowly.
Tom Simpson, president of the Spokane Angel
Spokane tourism officials are optimistic that visitor numbers and expenditures will increase in 2014, including among those here for conventions, sports events, and leisure travel.
Cheryl Kilday, president and CEO of Visit Spokane, says that organizatio
Health care, manufacturing, tourism, and real estate are among current growth industries in Kootenai County that are expected to continue to improve in the new year, sources in North Idaho say.
Alivia Metts, Post Falls-based regional labor economist for
Financial institutions are projecting solid loan growth and continued low interest rates for 2014, bank executives here say.
Peter F. Stanton, chairman and CEO of Washington Trust Bank, says he expects that Spokane-based institution to see 7 percent to