Glacier Bancorp Acquires Bank of Idaho Holding Co.

Glacier Bancorp, Inc., a significant player in the regional banking sector, has successfully completed the acquisition of Bank of Idaho Holding Co., a community-focused financial institution in Idaho Falls, Idaho. This strategic acquisition expands Glacier's footprint across Idaho and Washington with the integration of Bank of Idaho's operations into three existing Glacier Bank divisions: Eastern Idaho operations into Citizens Community Bank, Boise operations into Mountain West Bank, and Eastern Washington operations into Wheatland Bank. Bank of Idaho had substantial assets, loans, and deposits as of the end of March 2025, making this acquisition a strategic move for Glacier in terms of asset expansion and broadening their community banking services. The transaction, announced under the stipulations of forward-looking statements, contains inherent risks and uncertainties. Notably, it underlines potential integration challenges and market conditions that might affect expected benefits and synergies of the acquisition. Glacier continues to emphasize its commitment to seamless integration and long-term strategic growth as presented in this transaction.