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Idaho Independent Bank increases 2014 buyback plan
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Tracking Credit Risk of a Major U.S. Retailer
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A Bank Takes Its Project Finance Assessments to a New Level
The board of Coeur d'Alene, Idaho-based authorized anincrease to its 2014 buyback plan, bringing the bank's total authorization to$5.0 million of its common stock.
According to a July 11 news release, the board also approvedto extend the buyback period to July 29, 2017, or to an earlier date if the$5.0 million maximum is expended.
As of July 8, $1.8 million of stock had been purchased. Thestock may be used in connection with the bank's employee benefit plans and/orfor other corporate purposes.