Business File for June 29
June 29, 2008
Banking magazine ranks Alpine Bank in top 20
Steamboat Springs — A monthly banking magazine has highlighted Alpine Bank as a top 20 industry earnings performer, according to a news release.
ICBA Independent Banker, the national magazine of the Independent Community Bankers of America, ranked Alpine based on the return on average assets and return on average equity. The magazine compiles its annual member rankings in its June issue from the latest available year-end FDIC call report data.
Alpine Bank was recognized for posting one of the 20 best year-end earnings performances in 2007 for ICBA member banks with more than $500 million in assets.
“Community banks are integral to the economic and civic fabric of thousands of towns and cities across America,” said Cynthia L. Blankenship, ICBA chairman and vice chairman of Bank of the West, Irving, Texas. “In addition to offering quality financial products and services, community banks like Alpine Bank spend countless hours and resources helping their communities thrive. ICBA congratulates Alpine Bank for serving its community so efficiently and effectively.”
Indian restaurant, other businesses on way
Restaurateur Harjinder Gill expects to open his Indian restaurant, Bombay Grill, in Wildhorse Marketplace in August.
Ben Stroock’s Drunken Onion Get & Go Kitchen, also in Wildhorse, opened Monday.
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In downtown news, Sleeping Giant Gallery and All That Jazz opened Wednesday at their new spots next door to each other on Lincoln Avenue at Sixth Street. A new shop called Blossom, which is next to the Chief Plaza Theater on Lincoln Avenue near Eighth Street, sells items imported from Nepal, India and Tibet. Wild Horse Gallery’s new downtown location, at 802 Lincoln Ave., was slated to open Saturday.
Hayden pawn shop shutting doors
Woodrow’s Gun and Pawn Shop on South Walnut Street in Hayden is closing. A sign in the window said Monday would be the shop’s last day in business. It opened last summer.