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The
Farmers National Bank was established September
17th, 1917 by Asher B. Wilson, E. A. Milner
and Cashier C. M. Slocum. In April
1918 J.C. Hamilton joined the bank as cashier
and with his firm belief in the Magic Valley,
proceeded to procure the majority of bank
stock within the next year.
J.C. Hamilton was a sportsman and enjoyed
hunting and fishing. He had faith in
the Magic Valley and the multiple crops
that could be raised here.
In 1918, in a personal letter to his parents
in Missouri, he states, "I believe
this is the best producing country I have
ever been in. They can raise all kinds
of crops, and as fine of potatoes
as one would wish to see. Before coming
here I thought my hunting and fishing days
had ended, but both are good in this local. I
can make enough money to buy some of the
good products raised around here, and occasionally
catch a trout or kill a few ducks, we will
get along fine!" J.C. then proceeded
to invest all of his money in his dream. He
weathered a number of rough times over the
years with the trying agriculture times
of the Twenties and the Great Depression
of the 1930's.
In 1946 J.C. ‘s son, J.P. (Pat)
Hamilton, started working for the bank. In
1966 J.P. Hamilton succeeded his father
as President. At that time the bank's assets
totaled around 3 million dollars. In
1970 a branch office was opened in Hagerman. In
1973 the Hagerman office was moved to Wendell.
In
the late 1970's through 1990 a third generation
of Hamilton's came on board to solidify
the bank into the next millennium.
In 1989 a third office was started at 890
Shoshone St. in Twin Falls. In 1997
a fourth office was added at 1097 Blue
Lakes Boulevard in Twin Falls. In 1998 a fifth office was opened in Jerome. Recently, in April of 2008, our sixth office was added for your convenience on Pole Line Road in Twin Falls.
On December 31, 2007 bank assets totaled
more than 388 million dollars. Now
in our 91st year a lot of things have changed,
but one thing hasn't, our personal commitment
to serving the Magic Valley.
On January 1, 2005, Mike Hamilton assumed
the duties of president for the third generation
of family bankers.
The third generation of this family bank
is just as excited about the 21st Century
as their grandfather was about the 20th.
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