First National Bank (American Falls, ID)

Episode Information

Episode UID
886901480
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
88690 national
Charter Number
8869
Start Date
April 1, 1923
Location
American Falls, Idaho (42.786, -112.854)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0344875d5a29e5bf

Response Measures

None

Receivership Details

Depositor recovery rate
8.8%
Date receivership started
1923-03-26
Date receivership terminated
1926-08-07
OCC cause of failure
Economic conditions
Share of assets assessed as good
5.2%
Share of assets assessed as doubtful
62.5%
Share of assets assessed as worthless
32.3%

Description

Receiver appointment is reported to take effect April 1, 1923; later Comptroller notice for claims appears Oct 18, 1923.

Events (5)

1. September 11, 1907 Chartered
Source
historical_nic
2. March 26, 1923 Receivership
Source
historical_nic
3. April 1, 1923 Suspension
Cause
Government Action
Cause Details
Governor appointed D. W. Church as receiver and bank placed in receivership.
Newspaper Excerpt
Mr. Church has been appointed receiver of the First National bank, of American Falls.
Source
newspapers
4. October 18, 1923 Receivership
Newspaper Excerpt
Notice is hereby given to all persons who may have claims against The First National Bank of American Falls, Idaho, that the same must be presented to D. W. Church, receiver, ... October 18, 1923.
Source
newspapers
5. January 21, 1924 Other
Newspaper Excerpt
Henry A. Todd, plaintiff, vs. ... and D. W. Church, receiver of the First National Bank of American Falls, Idaho, a corporation ... Witness my hand and the seal of said district court this 21st day of January, 1924.
Source
newspapers

Newspaper Articles (3)

Article from Idaho County Free Press, March 29, 1923

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Article Text

MOORE ASKS FOR RESIGNATION OF GAME WARDEN Governor Appoints Kellogg Man As New Head of Department Gov. C. C. Moore, Saturday, appointed R. E. Thomas, of Kellogg. state game warden. to succeed Otto M. Jones, who has been game warden for the last four years. The governor also has appointed S. D. Parks, Burley, commissioner of public invest" ments. The governor requested the resignation of Jones as game warden, which was immediately tendered, to take effect April 1. Jones said he would ask for an audit of the accounts of his department, as was made when he took charge four years ago. Sportsmen's associations in many parts of the state strongly endorsed Jones for reappointment and the Ada county fish and game league recently made a public appeal to all sportsmen in the state to urge the governor to reappoint Jones. It is said, however, that Jones, in the administration of his office antagonized many sheepmen. Mr. Thomas. who succeeds Jones, is a member of the legislature from Shoshone county. S. D. Parks, who is appointed commissioner of public investments, suc" ceeds Dan W. Church. Mr. Church has been appointed receiver of the First National bank, of American Falls. Parks is a newspaper man, publisher of the Burley Bulletin, .and at one time was in the banking business in Burley. This change also takes place April 1. Governor Moore has appointed Senator Mark A. Means, of Nez Perce counas state commissioner of agriculture. to succeed Miles Cannon, resigned. Members of the State Historical society and of the State Athletic commission have been reappointed by Governor Moore. The former are James H. Hawley, of Boise: Frank A Fenn, Kooskia, and Montie B. Gwiun Boise. The athletic commissioners are: T. J. Sherlock, Boise: T. W. Rickard, Pocatello, and R. L. Mathews Moscow.


Article from American Falls Press, December 20, 1923

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Article Text

NOTICE. Treasury Department, office of the Comptroller of the Currency, Washington, D. C., October 18, 1923. Notice is hereby given to all persons who may have claims against "The First National Bank of American Falls," Idaho, that the same must be presented to D. W. Church, receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. HARRY M. DAWES, Comptroller of the Currency. First publication Oct. 18, 1923. Last publication Jan. 23, 1924.


Article from American Falls Press, February 28, 1924

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Article Text

ALIAS SUMMONS In the district court of the Fifth judicial district of the state of Idaho in and for Power county. Henry A. Todd, plaintiff, vs. Clark C. Carney and Goldie G. Carney, his wife, J. T. Fisher, trustee, Leader Hardware Co., Ltd., a corporation, First State Bank, a corporation, The Evans State Bank, a corporation, and the First National Bank of American Falls, Idaho, a corporation, and D. W. Church, receiver of the First National Bank of American Falls, Idaho, a corporation, and P. J. Kujawa, defendants. The state of Idaho sends greetings to Clark C Carney and Goldie G. Carney his wife, J. T. Fisher, trustee, Leader Hdwe. Co., Ltd., a corporation, First State Bank, a corporation, The Evans State Bank, a corporation, and the First National Bank of American Falls, Idaho, a corporation, and D. W. Church, receiver of the First National Bank of American Falls, Idaho, a corporation, and P. J. Kujawa, the above named defendants. You are hereby notified that a complaint has been filed against you in the district court of the Fifth judicial district of the state of Idaho in and for Power county, by the above named plaintiff, and you are hereby directed to appear and answer the said complaint within 20 days of the service of this summons, if served within said judicial district and within 40 days if served elsewhere; and you are further notified that unless you so appear and answer said complaint within the time herein specified that the plaintiff will take judgment against you as prayed in said complaint. The object and prayer of said complaint is to foreclose that certain mortgage executed by Clark C. Carney and Goldie G. Carney to William L. Linke and by said Linke assigned to plaintiff, dated February 14th, 1917, covering and conveying SE1/4, sec. 11 Twp. 12 So. R. 31, E. B. M., recorded on March 1, 1917, in Book 52, page 79, records of Power county, and for deficiency Witness my hand and the seal of said district court this 21st day of January, 1924. C. A. COON, Clerk (Seal) W. C. Loofbourrow, Attorney for plaintiff, Residing at American Falls, Idaho 1-24, 2-28