Idaho Statutes Title 26. Banks and Banking § 26-801. Borrowing money--Limitations

(1) Federal funds purchased.

(2) The sale of securities by a bank, under an agreement to repurchase at the end of a stated period.

(3) Borrowings from the federal reserve system.

(4) The sale of mortgage loans by a bank, under agreement to repurchase at the end of a stated period.

(5) Money borrowed to meet seasonal requirements.

(6) Money borrowed to meet unexpected withdrawals.

(7) Capital notes issued in accordance with section 26-802, Idaho Code.

(8) Borrowing from federal home loan banks.

The total of all borrowings by a bank including those items excluded from the computation of total borrowings may not exceed in the aggregate an amount equal to two and one-half (2 1/2 ) times the capital structure of the bank, except with the consent of the director.

Whenever it shall appear to the director that a bank is borrowing money in excess of the above limitation, or for purposes other than as specified above, he may require it to reduce such borrowings within a time to be fixed by him.