# FIRST BANK OF IDAHO, FSB

> **Failed bank** · KETCHUM, ID · failed 2009-04-24 · Savings bank · FDIC cost $109M

## What happened

FIRST BANK OF IDAHO, FSB of KETCHUM, ID was closed by state regulators on **2009-04-24**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **U.S. BANK, NATIONAL ASSOCIATION** (CINCINNATI, OH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3621
- **FDIC Certificate:** 34396
- **FDIC FIN:** 10055
- **Bank name:** FIRST BANK OF IDAHO, FSB
- **Location:** KETCHUM, ID
- **Failure date:** 2009-04-24
- **FDIC resolution date:** 2009-04-24
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $109M
- **Deposits at failure:** $371M
- **Assets at failure:** $491M
- **Acquiring bank:** U.S. BANK, NATIONAL ASSOCIATION (CINCINNATI, OH)

## Other banks U.S. BANK, NATIONAL ASSOCIATION has acquired in FDIC resolutions

- FIRST COMMUNITY BANK (TAOS, NM) — failed 2011-01-28 — /failed-bank/3900

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20BANK%20OF%20IDAHO%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST BANK OF IDAHO, FSB (FDIC ID 3621), failed 2009-04-24. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/failed-bank/3621.

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