News
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PRESS RELEASE
Coeur d’Alene Bancorp Announces Its Fourth Quarter and Year to Date 2023 Results
Coeur d'Alene Bancorp (OTC PINK:CDAB) reports net income of $563,908 for the fourth quarter 2023 and $2,118,568 for the year ended December 31, 2023. Total assets decreased by 2.5% to $238.3 million, with total deposits declining by 12.3%. The company declared a cash dividend of $0.30 per share on December 17, 2023. President and CEO, Wes Veach, highlights challenges and opportunities in managing liquidity, loan demand, and deposit trends. Financial highlights include diluted earnings per share, net book value per share, ROAA, ROAE, and asset quality metrics. Coeur d'Alene Bancorp remains optimistic for 2024 given its financial strength and strong earnings. For more information, visit www.bankcda.bank or contact Wes Veach at 208-415-5006. -
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