The First National Bank of Sandpoint, Idaho

The First National Bank of Sandpoint, Idaho

The First National Bank of Sandpoint, Idaho opened in 1906 in Bonner County.  It was one of two national banks located in Sandpoint.  Sandpoint was the only town in Bonner County to have a national bank.  Obtaining a 1902 note from Sandpoint is difficult.  It is thought that there are only nine notes known to exist from a printing of just under $200,000.  That survival rate is better than average.  Its charter number is 8341.

One of the best notes from The First National Bank of Sandpoint is a 1902 red seal national bank note.  It was sold in 1977 in a Hickman and Oakes sale for $3,700.  This was an amazingly high price for a bank note back then.  Even the rarest notes struggled to bring more than $2,000.  So even in the early days of the hobby, Sandpoint notes have been recognized and bought for strong prices.

The first cashier of The First National Bank of Sandpoint was unquestionably Francis Eugene Catlin.  There is a little bit of confusion as to who the first president of the bank was.  However, the first president was likely John A Humbird (b. 1836). JA Humbird was listed as the first president for several years and then his son, Thomas Jacob Humbird replaces him.  TJ Humbird was the president until the bank closed in 1932.

If you have any currency from The First National Bank of Sandpoint, please tell us about it.  We are certainly interested parties, and you will likely be very pleased with our appraisal.

Contact me via email:  info@rarenationalcurrency.com, phone: 864-430-4020, or contact form.