Glacier Bancorp Completes Acquisition of Bank of Idaho Holding Co. in Idaho Falls, Idaho
Glacier Bancorp (NYSE: GBCI) has successfully completed its acquisition of Bank of Idaho Holding Co. (OTCQX: BOID). The acquired bank's operations will be integrated into three existing Glacier Bank divisions: Eastern Idaho operations joining Citizens Community Bank, Boise operations merging with Mountain West Bank, and Eastern Washington operations becoming part of Wheatland Bank. As of March 31, 2025, Bank of Idaho reported total assets of $1.3 billion, with both loans and deposits standing at $1.1 billion.
Glacier Bancorp (NYSE: GBCI) ha completato con successo l'acquisizione di Bank of Idaho Holding Co. (OTCQX: BOID). Le operazioni della banca acquisita saranno integrate in tre divisioni esistenti di Glacier Bank: le attività nell'Est dell'Idaho si uniranno a Citizens Community Bank, quelle di Boise si fonderanno con Mountain West Bank, mentre le operazioni nell'Est di Washington diventeranno parte di Wheatland Bank. Al 31 marzo 2025, Bank of Idaho ha riportato attivi totali per 1,3 miliardi di dollari, con prestiti e depositi entrambi pari a 1,1 miliardi di dollari.
Glacier Bancorp (NYSE: GBCI) ha completado con éxito la adquisición de Bank of Idaho Holding Co. (OTCQX: BOID). Las operaciones del banco adquirido se integrarán en tres divisiones existentes de Glacier Bank: las operaciones en el este de Idaho se unirán a Citizens Community Bank, las de Boise se fusionarán con Mountain West Bank, y las operaciones en el este de Washington pasarán a formar parte de Wheatland Bank. Al 31 de marzo de 2025, Bank of Idaho reportó activos totales por 1.3 mil millones de dólares, con préstamos y depósitos ambos en 1.1 mil millones de dólares.
Glacier Bancorp (NYSE: GBCI)가 Bank of Idaho Holding Co. (OTCQX: BOID) 인수를 성공적으로 완료했습니다. 인수된 은행의 운영은 Glacier Bank의 기존 세 부서에 통합될 예정이며, 아이다호 동부 지역 운영은 Citizens Community Bank와 합쳐지고, 보이시 지역 운영은 Mountain West Bank와 합병되며, 워싱턴 동부 지역 운영은 Wheatland Bank의 일부가 됩니다. 2025년 3월 31일 기준으로 Bank of Idaho는 총 자산 13억 달러를 보고했으며, 대출과 예금은 각각 11억 달러에 달합니다.
Glacier Bancorp (NYSE : GBCI) a finalisé avec succès l'acquisition de Bank of Idaho Holding Co. (OTCQX : BOID). Les opérations de la banque acquise seront intégrées dans trois divisions existantes de Glacier Bank : les opérations dans l'est de l'Idaho rejoindront Citizens Community Bank, celles de Boise fusionneront avec Mountain West Bank, et les opérations dans l'est de Washington feront partie de Wheatland Bank. Au 31 mars 2025, Bank of Idaho a déclaré des actifs totaux de 1,3 milliard de dollars, avec des prêts et des dépôts s'élevant chacun à 1,1 milliard de dollars.
Glacier Bancorp (NYSE: GBCI) hat die Übernahme von Bank of Idaho Holding Co. (OTCQX: BOID) erfolgreich abgeschlossen. Die Aktivitäten der übernommenen Bank werden in drei bestehende Divisionen von Glacier Bank integriert: Die Geschäfte im östlichen Idaho schließen sich der Citizens Community Bank an, die Geschäfte in Boise fusionieren mit der Mountain West Bank, und die Aktivitäten im östlichen Washington werden Teil der Wheatland Bank. Zum 31. März 2025 meldete die Bank of Idaho Gesamtvermögen von 1,3 Milliarden US-Dollar, wobei sowohl Kredite als auch Einlagen jeweils 1,1 Milliarden US-Dollar betrugen.
- Strategic expansion in Idaho and Eastern Washington markets
- Addition of $1.3 billion in total assets to Glacier's portfolio
- Acquisition brings $1.1 billion in loans and $1.1 billion in deposits
- Integration costs and potential operational challenges merging with three different divisions
KALISPELL, Mont., May 01, 2025 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (“Glacier”) (NYSE: GBCI), today announced the completion of its acquisition of Bank of Idaho Holding Co. (“BOID”) (OTCQX: BOID), the bank holding company for Bank of Idaho, a community bank headquartered in Idaho Falls, Idaho. The Bank of Idaho operations will join three existing Glacier Bank divisions: the Eastern Idaho operations of Bank of Idaho will join Citizens Community Bank, the Boise operations will join Mountain West Bank, and the Eastern Washington operations will join Wheatland Bank. As of March 31, 2025, BOID had total assets of
About Glacier Bancorp, Inc.
Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Altabank (American Fork, UT), Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegiate Peaks Bank (Buena Vista, CO), First Bank of Montana (Lewistown, MT), First Bank of Wyoming (Powell, WY), First Community Bank Utah (Layton, UT), First Security Bank (Bozeman, MT), First Security Bank of Missoula (Missoula, MT), First State Bank (Wheatland, WY), Glacier Bank (Kalispell, MT), Heritage Bank of Nevada (Reno, NV), Mountain West Bank (Coeur d’Alene, ID), The Foothills Bank (Yuma, AZ), Valley Bank (Helena, MT), Western Security Bank (Billings, MT), and Wheatland Bank (Spokane, WA).
Visit Glacier’s website at www.glacierbancorp.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “estimate,” “anticipate,” “expect,” “will,” and similar references to future periods. Such forward-looking statements include but are not limited to statements regarding the potential benefits of the business combination transaction involving Glacier and BOID, including future financial and operating results, the combined company’s plans, objectives, expectations and intentions, and other statements that are not historical facts regarding either company or the combination of the companies. These forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, that may cause actual results or events to differ materially from those projected, including but not limited to the following: risks that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Glacier and BOID operate; uncertainties regarding the ability of Glacier Bank and Bank of Idaho to promptly and effectively integrate their businesses, including into Glacier Bank’s existing division structure; uncertainties regarding the reaction to the transaction of the companies’ respective customers, employees, and contractual counterparties; and risks relating to the diversion of management time on merger-related issues. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management’s current estimates, projections, expectations and beliefs. Glacier undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report. For more information, see the risk factors described in Glacier’s Annual Report on Form 10-K for the year ended December 31, 2024, and other filings with the SEC.
CONTACT: Randall M. Chesler
(406) 751-4722
Ron J. Copher
(406) 751-7706
FAQ
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When did Glacier Bancorp complete the acquisition of Bank of Idaho?
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