The Federal Reserve is requiring Idaho Bancorp to submit a plan to maintain sufficient capital.

The Fed also is ordering the $194 million-asset bank to review its management, not accept any new brokered deposits and not to issue any additional debt without the Fed's prior approval. Idaho Bancorp is also being prohibited from declaring or paying dividends without Fed approval.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.