MINNEAPOLIS -- First Bank System Inc. said it has agreed to acquire Siouxland Bank Holding Co. in North Dakota, which has $180 million in assets.
Terms of the deal were not disclosed, but First Bank said it would be a stock transaction.
Siouxland's subsidiaries - Dakota Bank and Trust Co. in Fargo and First National Bank of Hettinger - would become part of First Bank of North Dakota, which has $750 million in assets and offices in Fargo, Bismarck, Grand Forks, Jamestown, and Minot.
North Dakota is part of the seven-state, 158-office network of $17.9 billion-asset First Bank System.
