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Glacier Bancorp to acquire Citizens

Glacier Bancorp Inc. of Kalispell announced Wednesday the signing of an agreement to acquire Citizens Bank Holding Co. of Idaho for $17.2 million in cash and stock.

Citizens is a holding company for Citizens Community Bank, a commercial bank with approximately $110 million in assets and three banking offices in Pocatello and Idaho Falls, Idaho.

Glacier is a bank holding company with $3 billion in assets and 55 offices in Montana, Idaho, Utah and Washington.

Full Story: http://www.dailyinterlake.com/articles/2004/12/20/business/bus01.txt

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