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Glacier Bancorp, Inc. Announces Acquisition of Community Bank, Inc. In Ronan, Montana

  • 6 November 2014
  • Author: Smillie, Monica
  • Number of views: 13824
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Glacier Bancorp will acquire Ronan-based holding company Montana Community Banks, Inc. and its banking subsidiary - the $180-million Community Bank with offices in Ronan, Pablo, Polson and Missoula.

Heartland Financial USA Enters Into Merger Agreement with Community Banc-Corp

Heartland Financial USA announced that it had entered into a definitive merger agreement with Community Banc-Corp, holding company for the $525 million Community Bank & Trust of Sheboygan, Wisconsin. The bank will be merger in Heartland’s Wisconsin Bank & Trust subsidiary.

 

Glacier Bancorp Reports Quarterly Increase of $3.7 Million

Glacier Bancorp reported net income of $29.3 million for the current quarter, an increase of $3.7 million from the $25.6 million of net income for the prior year 3rd quarter.  Net income for the 9 months was $84.7 million, an increase of $15.6 million from the $69.1 million of net income for the same period the prior year.

Sale of Montana’s Mountain West Banks Complete

The last Mountain West Bank logos will come down after business closes Friday, when the sale of the bank company to First Interstate Bank is final.

American Federal Savings Bank becomes Opportunity Bank of Montana

The bank has 13 branches across the state with mortgage lending offices in Bozeman and Missoula and financial services divisions in Bozeman and Helena that serve all the branches. The bank is not being sold, Johnson has said, which he noted again before the ceremony.

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