Newspaper article from our research archive:

Bank of Eastern Idaho Forms Holding Company.(Originated from Post Register, Idaho Falls, Idaho)

May 10--Nothing could look more official than a legal notice, but the Bank of Eastern Idaho has not been bought.

A notice in Friday's Post Register said the Bank of Idaho Holding Co. intends to apply to the Federal Reserve System to acquire 100 percent of the Bank of Eastern Idaho.

Actually, the Bank of Eastern Idaho is the same thing as the Bank of Idaho Holding Co. "This is us doing our own thing," said Bank President Dan Simpkins, who admitted that the language was subject to misinterpretation.

The phone began ringing Friday morning and didn't quit, Simpkins said. "People were calling in to say, `Hey, I heard you've been sold,' or `I was going to ...

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