First National Bank (Parma, ID)

View Charter #11496 on SPMC View balance sheet

Episode Information

Episode UID
1149601593
Episode Type
Run → Suspension → Unsure
Bank Type
national
Bank ID
114960 national
Charter Number
11496
Start Date
September 1, 1932
Location
Parma, Idaho (43.785, -116.943)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ea29af40a4b42f3b

Response Measures

Accommodated withdrawals

Description

Articles describe a slight local run in Sept 1932 and a separate statewide bank holiday in March 1933; reopening after the holiday not documented here.

Events (4)
1. October 31, 1919 Chartered
Source
historical_nic
2. September 1, 1932 Run
Cause
Local Banks
Cause Details
Withdrawals prompted by recent closures of multiple Boise-valley banks and regional bank failures.
Newspaper Excerpt
The First National bank at Parma remained open and the cashier reported only a slight run.
Source
newspapers
3. March 6, 1933 Suspension
Cause
Government Action
Cause Details
Federal proclamation / banking holiday (President Roosevelt) closed all member banks in Idaho.
Newspaper Excerpt
The proclamation of President Roosevelt automatically closed the doors of every banking institution in Idaho.
Source
newspapers
4. April 8, 1939 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (3)
1. September 1, 1932 Baker City Herald Baker City, OR

Article Text

Two Banks in Boise Valley Closed Today BOISE Idaho. Sept. Two banks in the Boise valley closed today. the Parma National bany and the Eagle state bank. The First National bank at Parma remined open nd the cashier reported only a slight run. The Eagle State bank was cap italized at and had deposits of $117,000 on the June 30 bank The Parma National bank was capitalized at $25,000 and had $10.000 surplus. The amount of deposits could not be learned here. Ten banks in western Idaho and eastern Oregon. headed by the First National bank of Idaho at Boise, closed yesterday

2. September 2, 1932 Star-Herald Scottsbluff, NE

Article Text

TWO MORE BOISE VALLEY BANKS UNABLE TO OPEN Boise, Idaho, Sept. (AP) Two banks in the Boise valley closed today, the Parma bank and the Eagle State bank. The First National Bank Parma remained open and cashier reported only slight run. The Eagle State bank was capitalized and had deposits of $117,000 on the June 30 bank call. The Parma National bank italized at $25,000 and had $10,000 surplus. The amount of deposits could not be learned here. Ten banks western Idaho and eastern Oregon, headed by the First National Bank of Idaho Boise, closed yesterday.

3. March 6, 1933 The Idaho Statesman Boise, ID

Article Text

All Idaho of Banks Closed The proclamation of President Roosevelt automatically closed the doors of every banking institution in Idaho. The news was received in Boise first by The Statesman about o'clock. Earlier in the day the twelfth district federal reserve bank sued an order calling holiday Monday for all members of the federal system in Idaho and other western states. The First National Bank of Idaho in Boise and the eight banks formerly with to observe the holiday, according an official were all other member banks in the state.