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Bank failure · ID

First Bank of Idaho, FSB (Ketchum, ID) — failed April 24, 2009

First Bank of Idaho, FSB of Ketchum, Idaho was closed on April 24, 2009 and resolved through a purchase and assumption. U.S. Bank, National Association (OH) took over its insured deposits. At failure it held $490.7M in assets and $370.6M in deposits. The FDIC's estimated loss on the failure is $109.2M (22.3% of assets).

Closing date
April 24, 2009
FDIC certificate #
34396
Resolution
Purchase and assumption (failure)
Acquiring institution
U.S. Bank, National Association
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails