The $3.5 billion-asset Glacier Bancorp Inc. in Kalispell, Mont., which bought two banks this year, has a deal for a third: Thompson Falls Holding Co. in Montana, for $21.8 million in cash and stock.
Thompson's $156 million-asset First State Bank would be merged into Glacier's First Security Bank of Missoula. Its three branches, all near the Idaho border, would continue to operate under the First State brand.
Glacier announced the deal late Thursday and said it would close Oct. 31.
The company bought the $240 million-asset First National Banks-West Co., the parent of First National Bank-West in Evanston, Wyo., for $41 million. In April it bought the $113 million-asset Citizens Bank Holding Co., the parent of Citizens Community Bank in Pocatello, Idaho, for $17 million.
