Murdock joins

John L. Scott

John L. Scott Coeur d’Alene announced the addition of Roy Murdock to its team of real estate professionals. Murdock can be reached by phone at (208) 664-8500 or through his website: RoyM.johnlscott.com.

Team Palocsay joins

Professional Realty Services

Professional Realty Services Idaho announced the addition of two new local agents, Les and Sondra Palocsay, who recently moved to Rathdrum. Team Palocsay specializes in meeting the needs of buyers and sellers in the Coeur d’Alene and Rathdrum areas. Professional Realty Services has offices in Idaho, Washington and Oregon.

Contact Team Palocsay at teampalocsay@gmail.com, or contract Sondra Palocsay at (208) 661-6856, or Les Palocsay at (208) 660-9495.

Cd’A Bancorp announces

fourth quarter results

The parent company of bankcda, Coeur d’Alene Bancorp, anounced its results for the fourth quarter and full year 2016.

Coeur d’Alene Bancorp reported quarterly earnings of $81,992 or 6 cents per share for the three months ended Dec. 31, 2016, compared to a net income of $76,663 or 6 cents per share for three months ended for the fourth quarter 2015. Net income for 2016 totaled $254,810 compared to $54,239 in 2015, a 370 percent increase.

Tangible book value per share increased to $7.65 compared to $7.61 one year ago.

Total assets ended the quarter at $106.1 million compared to $102.5 million one year ago a 3.51 percent increase.

Gross loans grew 7.64 percent to $70.4 million as compared to $65.4 million one year ago.

“Our continued loan growth reflects our commitment to better servicing our market area including the addition of new loan officers,” stated a news release.

Total deposits ended the quarter $93.1 million compared to $89.7 million one year ago a 3.73 percent increase. All capital ratios continue to well exceed regulatory minimums.

“We are progressing in achieving our long-term goals and have been able realize consistent growth in all areas of our balance sheet over the last several years. Profitability continues to improve as a result increased loan demand, our commitment to expense control and rising interest rates. We retained our FIVE Stars rating from Bauer Financial which is their highest rating,” said Wes Veach President/CEO.

Bauer Financial is an independent rating agency for financial institutions.

Coeur d’Alene Bancorp, parent company of bankcda, founded in 2001 is headquartered in Coeur d’Alene with branches in Coeur d’Alene, Hayden and Kellogg.

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