Magic Valley Bank

Status:Inactive as of 11/03/2004
 Merger - Without Assistance
Successor Bank:Panhandle State Bank
Headquarters:Magic Valley Bank
113 Main Avenue West
Twin Falls, ID 83301
Established:08/29/1997
FDIC Insurance:08/29/1997
FDIC Cert:#34555
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$80,012,000
Total Deposits:$68,182,000

History

1997-08-29Institution established: Original name:MAGIC VALLEY BANK
2004-11-03Merged into and subsequently operated as part of Panhandle State Bank (23415) in SANDPOINT, ID
2005-05-13Acquired Intermountain Savings Bank of Washington (58038) in SPOKANE VALLEY, WA
2009-07-09Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2014-11-01Merged into and subsequently operated as part of Columbia State Bank (33826) in TACOMA, WA
2017-11-01Acquired Pacific Continental Bank (20774) in EUGENE, OR
2021-10-01Acquired Merchants Bank of CommerceColumbia State Bank (24074) in Sacramento, CA.

Financial Information (2004-09-30 and Older)