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Idaho: Banks’ Economic Impact

Banks support Idaho’s economy with consumer, business and other loans, and by providing more than 12,000 people with a rewarding place to work.

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Jobs

Jobs

  • 12,380Employees

  • $1 BTotal Annual Compensation & Benefits

  • $81,265Average Total Compensation & Benefits

  • 11Banks Headquartered in State

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $8.6 BNew Home Loans Booked in 2022

  • 21,411Number of New Home Loans in 2022

  • $375,000Median New Home Loan Size in 2022

  • $3.6 BSmall Business Loans

  • 130.6 KNumber of Small Business Loans

  • $27,541Average Small Business Loan

  • $292.3 MSmall Farm Loans

  • 4,316Number of Small Farm Loans

  • $67,716Average Small Farm Loan

Customers Highlight Idaho Trust’s Hard Work

In this video, Idaho Trust’s small business customers share their appreciation for the bank’s hard work and time helping them secure PPP loans. Throughout the process, the bank maintained consistent communication with their customers, understanding the difficult situation that the COVID-19 pandemic has created for them.

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $45.1 BDeposits

  • 29Banks Operating Branches

  • 423Branches & Offices

  • 224Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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