ABA-Bank acquisitions announced in three states

Published: 2025-01-15 05:27:11 ET GBCI

OCC sees need for regulatory reform in bank merger process.

Glacier Bancorp in Kalispell, Montana, has agreed to buy Bank of Idaho Holding Co. in Idaho Falls. The $28.2 billion-asset Glacier said in a news release that it will pay $245.4 million in stock for the $1.3 billion-asset Bank of Idaho. The deal, which is expected to close in the second quarter, priced the seller at 191.9% of its tangible book value.

Community Bank Holdings of Texas in Corsicana has agreed to buy CapTex Bancshares in Fort Worth. Community Bank Holdings, the parent of the $1.3 billion-asset Community National Bank and Trust of Texas, expects to complete its purchase of the holding company for the $344.5 million-asset CapTex Bank in the second quarter. The price wasn't disclosed.

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