Data / Bank failures / 2009 / First Bank of Idaho, FSB
First Bank of Idaho, FSB, Ketchum, ID: failed April 24, 2009
First Bank of Idaho, FSB in Ketchum, Idaho, failed on April 24, 2009. U.S. Bank, National Association of Cincinnati, OH, took over its deposits. It held $490.7 million in assets and $370.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $109.2 million (22.3% of its assets). By assets it was the 56th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- April 24, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- U.S. Bank, National Association, Cincinnati, OH
- Total assets
- $490,656,000
- Total deposits
- $370,580,000
- Estimated cost to the FDIC
- $109,230,208 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 34396
Other failed banks U.S. Bank, National Association took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| First Community Bank | Taos | NM | January 28, 2011 | $2.19 billion | $1.85 billion | $230.7 million | U.S. Bank, National Association |
All bank failures in 2009 · All bank failures in Idaho · Every failed bank U.S. Bank, National Association took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.