First National Bank - Wilder, ID

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 10909
Charter Number: 10909
Start Date: November 17, 1926
Location: Wilder, Idaho (43.677, -116.912)

Metadata

Model: gpt-5-mini
Short Digest: 14c0fafa

Response Measures

None

Receivership Details

Depositor recovery rate: 74.0%
Date receivership started: 1926-11-22
Date receivership terminated: 1929-02-23
OCC cause of failure: Economic conditions
Share of assets assessed as good: 42.4%
Share of assets assessed as doubtful: 41.5%
Share of assets assessed as worthless: 16.1%

Description

Articles report First National Bank of Wilder suspended business on November 17, 1926 and a receiver (D. Jackson) was named later (article dated 1926-11-24). OCR errors in Article 1 were corrected (garbled lines about committee of depositors). No explicit bank run is described; evidence points to suspension for solvency reasons and subsequent receivership and collection actions (receiver suing shareholders), so classify as suspension leading to closure/receivership.

Events (4)

1. October 20, 1916 Chartered

Source: historical_nic

2. November 17, 1926 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank suspended business Nov. 17, 1926; closure appears tied to insolvency as evidenced by later appointment of a receiver and assessment of shareholders by the comptroller.
Newspaper Excerpt: H. D. Jackson, receiver for the First National bank of Wilder, which suspended business November 17, 1926, filed suit...
Source: newspapers

3. November 22, 1926 Receivership

Source: historical_nic

4. November 24, 1926 Receivership

Newspaper Excerpt: D. Jackson, who has been acting as receiver of the Payette National bank, has been named receiver First National bank of Wilder, which closed its doors last Thursday ... the bank was closed by vote of the directors ... the examiner ... placed in charge temporarily Madland, chief examiner of this district. The bank was closed by vote of the directors ... (Idaho Statesman, 1926-11-24).
Source: newspapers

Newspaper Articles (2)

1. November 24, 1926 The Idaho Statesman Boise, ID

Article from The Idaho Statesman, November 24, 1926

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Article Text

NAME BANK RECEIVER D. Jackson, who has been acting as receiver of the Payette National bank, has been named receiver First National bank of Wilder, which closed its doors last Thursday Mr. Jackson succeeds placed in charge temporarily Madland, chief examiner of this district. The bank was closed by vote of the directors of depositors of in the basement of The Mr. of the and Alvin Van Mater was elected secrecommittee of five consisting of Morfitt, the Rev. Mr Haslam, Tarr and Joe drey elected go the matthe examiner and the former directors and report back at meeting to be called later

2. April 3, 1927 The Idaho Statesman Boise, ID

Article from The Idaho Statesman, April 3, 1927

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Article Text

BANK RECEIVER FILES SUIT TO COLLECT $400 H. D. Jackson, receiver for the First National bank of Wilder, which suspended business November 17, 1926, filed suit Saturday in the United States district court against H. S. Levander for $400. The receiver alleges that Levander, as one of the shareholders in the bank, is liable for the amount of the number of shares he owned on the grounds that the comptroller of the currency made an assessment of 100 per cent from all shareholders. Levander owned four shares. valued at $100 each. Baggage delivered day or night. Boise Transfer Co., phone 3.-Advertisement. "If It's Radio, we have it." Reynolds Radio Service. Phone 220. 817 Main.