First National Bank - Shelley, ID

Episode Information

Episode UID: 1143401503
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 114340 national
Charter Number: 11434
Start Date: March 1, 1925*
Location: Shelley, Idaho (43.381, -112.123)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: a57631a3e5068cfd

Response Measures

None

Receivership Details

Depositor recovery rate: 79.0%
Date receivership started: 1925-02-13
Date receivership terminated: 1927-08-31
OCC cause of failure: Economic conditions
Share of assets assessed as good: 36.8%
Share of assets assessed as doubtful: 32.0%
Share of assets assessed as worthless: 31.2%

Events (4)

1. August 23, 1919 Chartered

Source: historical_nic

2. February 13, 1925 Receivership

Source: historical_nic

3. March 1, 1925* Receivership

Newspaper Excerpt: C. O. Thomas, receiver of the Bannock National bank of Pocatello, has taken charge of the First National bank of Shelley
Source: newspapers

4. March 1, 1925* Suspension

Cause: Government Action
Cause Details: Receiver (C. O. Thomas) took charge after the bank failed to open, indicating suspension by receiver/government action.
Newspaper Excerpt: C. O. Thomas, receiver of the Bannock National bank of Pocatello, has taken charge of the First National bank of Shelley, which failed to open its doors for business last week.
Source: newspapers

Newspaper Articles (1)

1. March 25, 1925 The Challis Messenger Challis, ID

Article from The Challis Messenger, March 25, 1925

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Article Text

Short News Notes From All Parts of IDAHO Twin Falls.-Parsnips, found float in Rock creek, which were eater by ing two 9-year-old boys, Edwin Ste vens and Kenneth Johnson, a short y time before they died in convulsions are now advanced as the cause of death by County Coroner P. J. Gross man. Two theories are now held by officials as to cause of death. The boys, within an hour of the time they of died, had eaten 5 cents' worth penny candies that, according to of ficials, may have contained strych nine which caused death. Nampa.-Twenty three cattle were found to be infected with tuberculosis out of 3050 head from 275 herds tested in Canyon county by the five veterinarians in co-operation with county, state and federal authorities during the first period of the campaign now being waged, Dr. W. A. Sullivan, inspector in charge, reported. The animals which showed reaction from tuberculin injection were mostly dairy cows, Dr. Sullivan said. Wendell.-Laura Gene, the little 18 months old daughter of Mr. and Mrs. Harvey O. Ayres of Tuttle, was burned to death in a fire that consumed the family home and all its contents. Mrs. Ayes rescued the baby from the burning home but not before the little one had received burns that proved fatal within a few minutes after its rescue. Gooding.- A proposition asking the county to take over the Gooding hospital was presented to the county commissioners by Ward Meyer and E. L. Stilson of the hospital board at the February meeting of the commissioners. Shelley.-C. O. Thomas, receiver of the Bannock National bank of Pocatello, has taken charge of the First National bank of Shelley, which failed to open its doors for business last week. Boise, Idaho.-The faculty women of the Boise high school have organized a club which will meet once a month for bridge and Mah Jongg. It is to be called the Faculty Dames' club. Horseshoe Bend.-Recent high water will force ranchers from Shaver creek to pack their supplies from here for at least 50 days, it was announced by a road overseer who has of investigated conditions. A mile the road through Shaver creek canhas completely disappeared. yon Trains on the Idaho Northern railroad, which had been delayed by washouts and landslides, are now running according to schedule following O el. several days' work with a steam shovCaldwell.-Three persons are dead and another serious wounded as the esult of a shooting which occurred it the home of Mr. and Mrs. Lester Bowman, in this city. The shootte was done by Lester Bowbe ng nan, and the dead are his wife, Walet Bell and Bowman himself, who, er fter shooting his wife and Bell to leath and seriously wounding Mrs. ci Emma Tracy, turned the gun on himelf. m vc Boise-Advertisement of the sale of de 115,000 in bonds, voted by Boise cista izens to build an approach to the ew Pacific passenger station, was 4. uthorized by the city council. Bids ill be opened at 2 o'clock p. m. arch 17. se rel bo: Twin Falls. - Secretary C. F. tar wight of the Twin Falls chamber Ing commerce is in receipt of a compre tea unication from C. E. Filo, from hicago, who claims to represent capsec alists who wish to erect a woolen rel ner ill here if satisfactory arrangeers ents can be reached. The amount 5 tee money and other demands were pro entioned, but have not yet been S S tee ven out by the chamber which will cer: ke up the matter at once. pro eret for Hailey-An Oregon Short Line H eight engine took a bath in Big dyood river, backing off the end of terr and switch. Engineer T. B. LeBailbeing unable to control the enH ne, jumped in time. the ed cour Moscow.-An ordinance requiring char ddlers soliciting for out-of-town H sect siness houses, who take a deposit pile th their orders, to pay a license sani rest $5 per month, and to post a deand it of cash of a $500 bond, has been con H roduced by the Moscow city couning The ordinance is aimed at the bon tection of the public against the H mitt ting of money under false prestat ses, and for the protection of the inde ne merchant. sual Se mitt Nampa.-Seven states have lifted 48. ir embargoes on shipment of poulto from Idaho, Pren Moore, poultry tor tion cialist at Boise, announced. Breedprov stock may be shipped to these the pend tes which accompanied by a certhe by the state S.