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Failures by State

Bank Failures in Idaho

5 FDIC-insured banks headquartered in Idaho have failed since 1955. The most recent was Syringa Bank on January 31, 2014. The worst year was 1955, with 2 failures. Failed banks held $702.0M in assets at closing.

5
Failures
1955 to 2014
$702.0M
Failed assets
At closing
$130.0M
Estimated DIF loss
FDIC estimate
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All Idaho events
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Largest bank failures in Idaho

Date Bank City Assets Acquirer or resolution
Apr 24, 2009 First Bank of Idaho, FSB Ketchum $490.7M U.S. Bank, N.A.
Jan 31, 2014 Syringa Bank Boise $153.4M Sunwest Bank
May 9, 1986 First Bank & Trust of Idaho Malad City $55.9M Idaho First National Ban
Apr 30, 1955 Bank of North Idaho Priest River $1.1M —
Apr 30, 1955 Rathdrum State Bank Rathdrum $1.0M —

Idaho bank failures by year

Year Failures Failed assets
2014 1 $153.4M
2009 1 $490.7M
1986 1 $55.9M
1955 2 $2.1M

Every bank failure in Idaho

Date Bank City Assets Acquirer or resolution
Jan 31, 2014 Syringa Bank Boise $153.4M Sunwest Bank
Apr 24, 2009 First Bank of Idaho, FSB Ketchum $490.7M U.S. Bank, N.A.
May 9, 1986 First Bank & Trust of Idaho Malad City $55.9M Idaho First National Ban
Apr 30, 1955 Bank of North Idaho Priest River $1.1M —
Apr 30, 1955 Rathdrum State Bank Rathdrum $1.0M —

Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.

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