{"id":428060,"date":"2021-02-03T13:21:05","date_gmt":"2021-02-03T18:21:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=428060"},"modified":"2021-02-03T13:21:05","modified_gmt":"2021-02-03T18:21:05","slug":"idaho-first-bank-announces-4th-quarter-2020-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/idaho-first-bank-announces-4th-quarter-2020-results\/","title":{"rendered":"Idaho First Bank Announces 4th Quarter 2020 Results"},"content":{"rendered":"
\n

MCCALL, Idaho, Feb. 03, 2021 (GLOBE NEWSWIRE) — Today Idaho First Bank (the \u201cBank\u201d) (OTC: IDFB) announced unaudited financial results for the fourth quarter of 2020. Earnings for the fourth quarter were $1.2 million, bringing the earnings for 2020 to $3.0 million. Greg Lovell, CEO of Idaho First Bank, stated \u201cThe Q4 results continue to reflect growth from supporting customers and communities as a vital source for business lending. This includes bringing the most talented team members on board, which enhances our ability to accelerate our growing lending activities to meet business client\u2019s financial needs.\u201d He further stated that \u201cThe depth of relationships built between customers, and our teams has led to significant lending and deposit expansion.\u201d<\/p>\n

Chairman Mark Miller said, \u201cThe Board is proud of the team\u2019s hard work and commitment to customers throughout 2020. We are experiencing accelerated growth within our bank as our highly desirable markets continue to expand.\u201d<\/p>\n

While tremendous growth from our PPP efforts has occurred, the Bank provided key support to business owners as the Bank saw non-PPP loan balances grow $96.7 million year over year. Total PPP loans outstanding were $548.2 million at December 31, 2020, with the focus having shifted to the forgiveness application and calculation processes as mandated by the CARES Act. We continue to be an active participant in the current PPP process.<\/p>\n

At December 31, 2020, the Bank\u2019s total assets were $884.4 million, an increase of $664.4 million, over December 31, 2019. Deposits as of December 31, 2020 were $348.2 million, an increase of $162.0 million over December 31, 2019.<\/p>\n

The Bank also opened a full service branch in Nampa to support the expanding service needs of Canyon County. This newest branch is strategically located for ease of access to both rural Nampa areas and the expanding city of Caldwell. Additionally, to further capitalize on loan growth and our PPP success, the Bank opened a Loan Production Office (LPO) in Bend, Oregon. This will allow the Bank to further serve lending needs within the Central Oregon corridor. \u201cWe expanded our presence in these important markets as we continue to increase the reach of Idaho First. We are confident these communities will benefit from our personalized level of customer service and strong lending expertise,\u201d stated Todd Cooper, President and COO of Idaho First Bank.<\/p>\n

Shareholders\u2019 equity at December 31, 2020, was $33.8 million, an increase of $6.0 million from December 31, 2019. Book value per share improved from $6.15 at December 31, 2019, to $6.81 at December 31, 2020.<\/p>\n

\n About Idaho First Bank<\/strong>
\n
Idaho First Bank (IFB) is a full-service state-chartered community bank established in October 2005 and headquartered in McCall, Idaho. Known for its People First, Community First, Idaho First motto, IFB serves the greater southwest Idaho communities with five additional branches located in New Meadows, Eagle, Ketchum, Nampa, Boise and a Loan Production Office (LPO) in Bend, Oregon. Idaho First Bank is a member of the FDIC and an Equal Housing Lender. For more information, visit us at www.idahofirstbank.com<\/p>\n

This release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995 (\u201cPSLRA\u201d). Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, economic conditions, the regulatory environment, loan concentrations, vendors, employees, technology, competition, and interest rates. Readers are cautioned not to place undue reliance on the forward-looking statements. Idaho First Bank has no obligation to publicly update forward-looking statements after the date of this release. This statement is included for the express purpose of invoking PSLRA\u2019s safe harbor provisions.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Idaho First Bank<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Financial Highlights (unaudited)<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
(Dollars in thousands, except per share)<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n For the year ended December 31:<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet interest income<\/td>\n$<\/td>\n16,670<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7,874<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,796<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n112<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nProvision for loan losses<\/td>\n\u00a0<\/td>\n1,070<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n290<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n780<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n269<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nMortgage banking income<\/td>\n\u00a0<\/td>\n917<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n764<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n153<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nOther noninterest income<\/td>\n\u00a0<\/td>\n610<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n587<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n23<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNoninterest expenses<\/td>\n\u00a0<\/td>\n12,961<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,550<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,411<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n72<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet income before taxes<\/td>\n\u00a0<\/td>\n4,166<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,385<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,781<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n201<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nTax provision<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,117<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n382<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n735<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n192<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet income<\/td>\n\u00a0<\/td>\n$<\/td>\n3,049<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,003<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,046<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n204<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n At December 31:<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nLoans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n819,117<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n174,246<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n644,871<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n370<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAllowance for loan losses<\/td>\n\u00a0<\/td>\n3,169<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,096<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,073<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n51<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAssets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n884,437<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n220,077<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n664,360<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n302<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nDeposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n348,181<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n186,189<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n161,992<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n87<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nStockholders’ equity<\/td>\n\u00a0<\/td>\n33,848<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,828<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,020<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNonaccrual loans<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n153<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(153<\/td>\n)<\/td>\n\u00a0<\/td>\n-100<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAccruing loans more than 90 days past due<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nOther real estate owned<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nTotal nonperforming assets<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n153<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(153<\/td>\n)<\/td>\n\u00a0<\/td>\n-100<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nBook value per share<\/td>\n\u00a0<\/td>\n6.81<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.15<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.66<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nShares outstanding<\/td>\n\u00a0<\/td>\n4,967,294<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,526,109<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n441,185<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAllowance to loans<\/td>\n\u00a0<\/td>\n0.39<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.20<\/td>\n%<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAllowance to nonperforming loans<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1370<\/td>\n%<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNonperforming loans to total loans<\/td>\n\u00a0<\/td>\n0.00<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.09<\/td>\n%<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Averages for the year ended Dec 31:<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nLoans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n619,491<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n160,002<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n459,489<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n287<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nEarning assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n685,359<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n202,676<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n482,683<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n238<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAssets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n699,085<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n212,383<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n486,701<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n229<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nDeposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n268,234<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n186,071<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n82,163<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n44<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nStockholders’ equity<\/td>\n\u00a0<\/td>\n29,983<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20,129<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,854<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n49<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nLoans to deposits<\/td>\n\u00a0<\/td>\n231<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n86<\/td>\n%<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet interest margin<\/td>\n\u00a0<\/td>\n2.43<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.89<\/td>\n%<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Idaho First Bank<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Quarterly Financial Highlights (unaudited)<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
(Dollars in thousands)<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Income Statement<\/strong>\n <\/td>\n\n Q4 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q2 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q1 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q4 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet interest income<\/td>\n$<\/td>\n5,556<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,106<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,054<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,954<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,962<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nProvision for loan losses<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n70<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n105<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nMortgage banking income<\/td>\n\u00a0<\/td>\n541<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n253<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n45<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n78<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n107<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nOther noninterest income<\/td>\n\u00a0<\/td>\n172<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n169<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n134<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n135<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n150<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNoninterest expenses<\/td>\n\u00a0<\/td>\n4,646<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,695<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,540<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,080<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,784<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet income before taxes<\/td>\n\u00a0<\/td>\n1,622<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,332<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,193<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n330<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nTax provision<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n432<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n357<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n319<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n88<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet income<\/td>\n\u00a0<\/td>\n$<\/td>\n1,190<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n975<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n874<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n242<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Period End Information<\/strong>\n <\/td>\n\n Q4 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q2 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q1 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q4 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nLoans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n819,117<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n856,333<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n809,009<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n180,579<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n174,246<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAllowance for loan losses<\/td>\n\u00a0<\/td>\n3,169<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,168<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,668<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,167<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,096<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNonperforming loans<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n413<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n570<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n153<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nOther real estate owned<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nQuarterly net charge-offs (recoveries)<\/td>\n\u00a0<\/td>\n(1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1<\/td>\n)<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAllowance to loans<\/td>\n\u00a0<\/td>\n0.39<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.33<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.20<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.20<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAllowance to nonperforming loans<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n645<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n380<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1370<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNonperforming loans to loans<\/td>\n\u00a0<\/td>\n0.00<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.00<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.32<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.09<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Average Balance Information<\/strong>\n <\/td>\n\n Q4 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q2 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q1 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q4 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nLoans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n843,342<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n833,805<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n620,647<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n175,354<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n161,850<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nEarning assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n892,737<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n892,726<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n730,194<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n221,222<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n207,979<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nAssets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n908,173<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n907,075<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n743,522<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n232,986<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n218,964<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nDeposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n311,071<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n279,100<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n285,689<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n196,486<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n188,089<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nStockholders’ equity<\/td>\n\u00a0<\/td>\n32,757<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31,055<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28,126<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,953<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n23,213<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nLoans to deposits<\/td>\n\u00a0<\/td>\n271<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n299<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n217<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n89<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n86<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n \u00a0<\/em>\n <\/td>\nNet interest margin<\/td>\n\u00a0<\/td>\n2.48<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.28<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.23<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.55<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.74<\/td>\n%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n CONTACT<\/strong>
\n
Greg Lovell
CEO – Idaho First Bank
208.630.2001 – glovell@idahofirstbank.com\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

MCCALL, Idaho, Feb. 03, 2021 (GLOBE NEWSWIRE) — Today Idaho First Bank (the \u201cBank\u201d) (OTC: IDFB) announced unaudited financial results for the fourth quarter of 2020. Earnings for the fourth quarter were $1.2 million, bringing the earnings for 2020 to $3.0 million. Greg Lovell, CEO of Idaho First Bank, stated \u201cThe Q4 results continue to reflect growth from supporting customers and communities as a vital source for business lending. This includes bringing the most talented team members on board, which enhances our ability to accelerate our growing lending activities to meet business client\u2019s financial needs.\u201d He further stated that \u201cThe depth of relationships built between customers, and our teams has led to significant lending and deposit expansion.\u201d Chairman Mark Miller … <\/p>\n

Continue reading “Idaho First Bank Announces 4th Quarter 2020 Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-428060","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIdaho First Bank Announces 4th Quarter 2020 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/idaho-first-bank-announces-4th-quarter-2020-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Idaho First Bank Announces 4th Quarter 2020 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MCCALL, Idaho, Feb. 03, 2021 (GLOBE NEWSWIRE) — Today Idaho First Bank (the \u201cBank\u201d) (OTC: IDFB) announced unaudited financial results for the fourth quarter of 2020. Earnings for the fourth quarter were $1.2 million, bringing the earnings for 2020 to $3.0 million. Greg Lovell, CEO of Idaho First Bank, stated \u201cThe Q4 results continue to reflect growth from supporting customers and communities as a vital source for business lending. This includes bringing the most talented team members on board, which enhances our ability to accelerate our growing lending activities to meet business client\u2019s financial needs.\u201d He further stated that \u201cThe depth of relationships built between customers, and our teams has led to significant lending and deposit expansion.\u201d Chairman Mark Miller … Continue reading "Idaho First Bank Announces 4th Quarter 2020 Results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/idaho-first-bank-announces-4th-quarter-2020-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-03T18:21:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0Njc3NiMzOTU3OTk0IzUwMDA2NTg3Nw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/idaho-first-bank-announces-4th-quarter-2020-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/idaho-first-bank-announces-4th-quarter-2020-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Idaho First Bank Announces 4th Quarter 2020 Results\",\"datePublished\":\"2021-02-03T18:21:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/idaho-first-bank-announces-4th-quarter-2020-results\\\/\"},\"wordCount\":816,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/idaho-first-bank-announces-4th-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE0Njc3NiMzOTU3OTk0IzUwMDA2NTg3Nw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/idaho-first-bank-announces-4th-quarter-2020-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/idaho-first-bank-announces-4th-quarter-2020-results\\\/\",\"name\":\"Idaho First Bank Announces 4th Quarter 2020 Results - 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Earnings for the fourth quarter were $1.2 million, bringing the earnings for 2020 to $3.0 million. Greg Lovell, CEO of Idaho First Bank, stated \u201cThe Q4 results continue to reflect growth from supporting customers and communities as a vital source for business lending. 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