FARGO, N.D. - Community First Bankshares Inc. said it has completed the acquisitions of F&M Bank Holding Co., which owns Farmers and Merchants Bank of Cooperstown, N.D., and Lincoln Banking Company Ltd., parent of Bank Northwest in Steamboat Springs, Colo.
F&M, which had $26 million in assets, was merged with the $21 million-asset Community First State Bank of Cooperstown. The $44 million-asset Bank Northwest is Community First Bankshares' first acquisition in Colorado.
Community First also said it merged two Minnesota subsidiaries - Community First National Banks in Windom and Worthington - with a combined $140 million in assets.
Fargo-based Community First, which serves 32 communities in Minnesota, the Dakotas, and Colorado, ended last year with $ 1.1 billion in assets.