Community First Bankshares of Fargo, N.D., said it plans more California acquisition deals and may enter as many as nine other western and midwestern states.

Nine months after it last announced a bank purchase deal, the $5.9 billion-asset company announced Monday that it would move into California by buying Valley National Corp. of El Cajon for $65 million in stock. Valley National, with $241 million of assets, owns six branches in fast- growing San Diego County.

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