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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 27, 2013
Page
11
MidWestOne Financial Group in Iowa City reports higher Q1 profit as net interest income rises and loan loss provisions fall. The parent of MidWestOne Bank earned $4.8 million or 56 cents a share for the quarter ending March 31, up from $4.4 million or 52 cents a share a year earlier.
Iowa City unveils a multistory office and 560 spot parking garage with 24 townhouses. MidWestOne plans the six story building while Samsung opens 1400 Experience shops in Best Buy. Google expands Council Bluffs data center with 400 million more. tax credits rise to 16.8 million. Facebook confirms a 229.5 million Altoona data center phase one toward a potential 1 billion investment. Cedar Rapids honors small business leader Chuck Hammond. Underground parking rises at Armstrong Centre and Town Centre buildings. Coralville approves 8 million land lease for Iowa River Landing development of 60 condos and 13 townhouses with retail space. Coral Ridge Mall parking ratio eased for a new tenant. Dunkin Donuts breaks ground in the former Sonic at 604 Second St.
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