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BEND, Ore., July 01, 2021 (GLOBE NEWSWIRE) Idaho First Bank (the “Bank”) (OTC: IDFB) announces Zak Sundsten as Vice President (VP), Commercial Relationship Manager in the Bank’s Bend, Oregon Loan Production Office (LPO).
As VP, Commercial Relationship Manager, Zak works directly with local businesses, providing them with commercial lending services. Prior to joining the Bank, Zak served as VP, Commercial Relationship Manager for Umpqua Bank and has over 24 years of experience working in the Central Oregon market.
“I’m excited to be working for a true community bank that is dedicated to the successes of the businesses and residents of Central Oregon. Both new and existing clients can expect fast, flexible, and professional service from myself and the rest of the Bend team,” stated Zak Sundsten, VP, Commercial Relationship Manager.
Idaho First Bank Announces Zak Sundsten as VP, Commercial globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
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Idaho First Bank Announces 1st Quarter 2021 Results
Idaho First BankApril 29, 2021 GMT
MCCALL, Idaho, April 29, 2021 (GLOBE NEWSWIRE) Today Idaho First Bank (the ‘Bank’) (OTC: IDFB) announced unaudited financial results for the first quarter of 2021, and the planned retirement of CEO Greg Lovell. Lovell founded the bank in 2005, and his retirement is part of a detailed executive succession plan. Outgoing CEO Lovell stated, “The strong Q1 financial performance was driven by earnings generated through our participation in the Paycheck Protection Program (PPP) under the CARES Act, and strong growth in earning assets.” He further indicated, “The year-over-year growth of our balance sheet reflects the financial strength of our markets, our expansion into 3 new markets over the last 18 months, and the great work our talented team does by putting People First.”
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Idaho First Bank Announces 4th Quarter 2020 Results
Idaho First BankFebruary 3, 2021 GMT
MCCALL, Idaho, Feb. 03, 2021 (GLOBE NEWSWIRE) Today Idaho First Bank (the “Bank”) (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 “The 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’s financial needs.” He further stated that “The depth of relationships built between customers, and our teams has led to significant lending and deposit expansion.”