Community First Bankshares of Fargo, N.D., said it has a definitive agreement to buy Mountain Parks Financial Corp., Denver.

The $123 million stock deal, announced this week, is the biggest yet for $2.3 billion-asset Community First. Buying $500 million-asset Mountain Parks would more than double its Colorado assets.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.