Idaho Bancorp.(fka IDBCQ)

[illegal_alias]

That's fine by me!

[SaltyMutt]

Considering IDBC will probably turn a profit for the 2nd quarter, the pps could easily hit .25 or go even higher.

[illegal_alias]

I may have gotten the last of the .06s a while back

[SaltyMutt]

No success at grabbing any 8's. I might try again tomorrow.

[SaltyMutt]

I fear that you are right. My bid of .08 is being ignored.

[illegal_alias]

Dirt cheap shares may be gone here, too.

[SaltyMutt]

IDBC

A/S 20,000,000 shares

O/S 1,877,361 shares

[illegal_alias]

but, troubled asset ratio going lower http://banktracker.investigativereportingworkshop.org/banks/idaho/boise/idaho-banking-company/
at least this is going the right direction. Was 164.20 Dec 31, now 158.60 as of Mar 31. Hopefully, we'll lower yet when Jun 30 figures get released.

Also ct losses from -$393K 4th qtr 2012 to -$69K 1st qtr 2013. No significant improvment in Regulatory Capital ratios
https://cdr.ffiec.gov/public/ManageFacsimiles.aspx

[SaltyMutt]

IDBC is not turning a profit yet but is expected to do so, probably during the 3rd quarter. Also, this doesn't show up on bank tracker but Idaho Banking Company owes 7.2 million in TARP.

[illegal_alias]

OK, in the pool on this one.

[SaltyMutt]

I think there is a good possibility that IDBC is going to make it. They, like a lot of other troubled banks, could use a cash infusion but if the FDIC leaves them alone, they just might heal themselves even without a cash infusion. The spread is what has kept me from trying to get shares.

[BigCat]

Yeah, and they seem to be close to turning a profit...

Or

Maybe they are turning a profit?

[SaltyMutt]

IDBC is another corpse that refuses to quit breathing.