Q1 2019 Press Release

Coeur d’Alene Bancorp Announces Its First Quarter 2019 Results

Coeur d’Alene, Idaho: Coeur d’Alene Bancorp (OTC Pink: CDAB), the parent company of bankcda, is pleased to announce its results for first quarter 2019.

Coeur d’Alene Bancorp reported net earnings of $332,380 or $0.25 per share for the first quarter of 2019, compared to net income of $204,057 or $0.15 per share for the first quarter of 2018. $96,000 of our net income is related to two non‐recurring events.

Net book value per share increased to $9.05 compared to $8.15 from one year ago. Total assets ended the quarter at $127.9 million compared to $124.9 million from one year ago which represents a 2.4% increase. Total assets increased $1.6 million from the prior quarter.

Gross loans were flat year over year at $72.6 million. Loan balances declined $598 thousand during the first quarter as anticipated based on winter weather conditions and scheduled payoffs.

Total deposits ended the quarter at $114.0 million compared to $113.8 million from one year ago which represents a 0.20% increase. During the first quarter, deposits grew $87.2 thousand.

All capital ratios continue to exceed regulatory minimums.

“2019 has started as we anticipated with minimal new loan activity and scheduled loan payoffs, our pipeline is strong which should provide good growth moving forward. The two mergers of local community banks that were completed in early April should create opportunity for both deposit and loan growth in the latter half of the year. We continue to make progress on our branch expansion in Post Falls with an anticipated opening late 3rd quarter.

“We are close to closing our $3 million private placement offering, which will increase our capital ratios and legal lending limit. With increased capital we will be able to make loans of approximately $3 million to one borrow allowing us to be more competitive with larger organizations in our market.

We were recognized as one of the Best Banks in North Idaho for the third year in a row by the North Idaho Business Journal.

“We continue to be FIVE Star‐rated from Bauer Financial, which is their highest rating” said Wes Veach, bankcda president and CEO. Bauer Financial is an independent rating agency for financial institutions.

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

For more information, visit www.bankcda.com or contact Wes Veach at 208‐415‐5006.