Peak Health and Wellness offers 'Get Active America!' deals

As part of the "Get Active America!" promotion, Peak Health and Wellness centers are offering special deals this week.

Any Peak member can bring in a guest for free to a Peak club through Thursday.

Friday through Sunday, anyone can enjoy a free visit and work out at a Peak club.

Peak has clubs in Coeur d'Alene, Hayden and Post Falls.

Get Active America! is organized by the International Health, Racquet and Sportsclub Association, a grade group serving the health and fitness club industry.

It is a promotion to help establish IHRSA clubs as the leading voice in their communities for healthy and active lifestyles.

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Hecla Mining Company announces first quarter net income of $12.4M

Hecla Mining Company on Tuesday announced first quarter net income applicable to common shareholders of $12.4 million, or 4 cents per basic share, and earnings of $16.9 million, or 6 cents per basic share.

First quarter silver production was 1.3 million ounces at a cash cost of $2.24 per ounce.

"During the first quarter of 2012 we continued to invest in Hecla's strong and diversified assets, making excellent progress in the rehabilitation of our Lucky Friday Silver Shaft and record investment in our Greens Creek mine," said Hecla's President and Chief Executive Officer Phillips S. Baker, Jr.

Highlights included:

* Sales of $91.2 million.

* Operating cash flow of $41.4 million.

* Lucky Friday rehabilitation advanced approximately 1,500 feet.

* $6.2 million in suspension-related costs at the Lucky Friday mine.

* Exploration and pre-development expense increased to $9 million in the first quarter from $3.3 million in the same period in 2011, for exploration work including the Star complex in the Silver Valley near the Lucky Friday mine.

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Post Falls company Fatbeam completes schools' fiber networks

POST FALLS - Fatbeam, a Post Falls data transport services company, has completed two fiber networks that will serve the Post Falls and Medical Lake, Wash., school districts, company officials announced Tuesday.

The Post Falls School District network was lit by Fatbeam to carry data up to 2GB between each school site. The Medical Lake School District has chosen to light its own fiber, which has significant advantages when it comes time to upgrade bandwidth, Fatbeam president Greg Green said.

Additionally, Fatbeam's Post Falls and Coeur d'Alene networks are in the process of being connected to the TierPoint Data Center in Liberty Lake, Wash., with completion scheduled for the fourth quarter of 2012, Green added.

Fatbeam is a Competitive Access Provider delivering data transport services to business and enterprise, health care, education and government customers in the Pacific Northwest. Fatbeam focuses on delivering fiber optic bandwidth beginning at 1 gigabit Ethernet, extending to 100 gigabit and jumping to dark fiber, in underserved markets.

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Idaho Independent Bank reports net loss of $486,000 for first quarter

Idaho Independent Bank reported a net loss for the first quarter ended March 31 of $486,000, or 6 cents per diluted share. This compares to a net loss of $956,000, or 15 cents per diluted share, for the same period a year ago.

"The bank continues to make progress by improving asset quality, managing costs, and laying the groundwork for future growth," said Jack W. Gustavel, chairman and chief executive officer of Idaho Independent Bank.

IIB's total assets as of March 31, increased $4 million, or less than 1 percent, to $451.5 million from $447.5 million at March 31. As of quarter end, total loans decreased $28 million, or 10.6 , to $237.3 million from $265.3 million at March 31, 2011.

Total deposits and customer repurchase agreements increased $3.5 million, or less than 1 percent, to $378.8 million at March 31, compared to $375.3 million at March 31, 2011. At quarter end, IIB's reserve for loan losses totaled $6.7 million, compared to $8.7 million at March 31, 2011.

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Scharf receives Performance Management Network Designation

Janna Rankin Scharf, associate broker and Keller Williams Realty Realtor, was awarded the Performance Management Network Designation by the Women's Council of Realtors. The Performance Management Network is a next-generation Realtor designation designed from the ground up to deliver the real-world skills, know-how and tools to keep an agent's business out front and on top of an evolving real estate market.

PMN curriculum is driven by negotiating strategies and tactics, networking and referrals, business planning and systems, personal performance management and cultural differences in buying and selling.

Scharf is president-elect of the Women's Council of Realtors Coeur d'Alene Chapter.

If you have a new, relocated or expanded business, or announcement of events, promotions or awards, The Press wants to let our readers know. The service is free and items run Tuesday through Saturday. To get the word on the street on your movers and shakers, call city editor Bill Buley at 664-8176 Ext. 2016 or e-mail bbuley@cdapress.com.