Key Developments For Glacier Bancorp Inc
Glacier Bancorp Inc (GBCI.O) (Nasdaq)
Glacier Bancorp, Inc. Completes Acquisition Of First National Bank & Trust In Powell, Wyoming
Glacier Bancorp, Inc. announced the completion of the acquisition of First National Bank & Trust, a community bank based in Powell, Wyoming. First National Bank & Trust provides community banking services from offices in Powell, Cody and Lovell, Wyoming.
Glacier Bancorp, Inc. Announces Quarterly Dividend
Glacier Bancorp, Inc. announced that it has declared a quarterly dividend of $0.13 per share. The dividend is payable on October 15, 2009, to owners of record on October 6, 2009.
Glacier Bancorp, Inc. Announces Quarterly Dividend
Glacier Bancorp, Inc. announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is payable on July 16, 2009, to owners of record on July 7, 2009.
Glacier Bancorp, Inc. Announces Quarterly Dividend
Glacier Bancorp, Inc. announced that its Board of Directors, at its regular meeting held on March 25, 2009, declared a quarterly dividend of $0.13 per share. The dividend is payable on April 16, 2009, to owners of record on April 7, 2009.
Glacier Bancorp, Inc. Announces Acquisition of First National Bank & Trust in Powell, Wyoming
Glacier Bancorp, Inc. announced the signing of a definitive merger agreement with First National Bank & Trust, a community bank based in Powell, Wyoming. First National Bank & Trust provides community banking services to individuals and businesses from banking offices in Powell, Cody, and Lovell, Wyoming. The transaction provides for the merger of First Company into Glacier Bancorp, whereupon First National Bank & Trust will become a wholly owned subsidiary of Glacier and continue to operate with its separate identity, bank charter, board of directors, and management team. Under the terms of the deal, Glacier will pay First Company shareholders 100,000 shares of Glacier common stock and $450,000 in cash. Glacier will also contribute $15.3 million in capital to the bank. Based on $17.91 closing price for Glacier shares and including the capital contribution, the transaction has an aggregate value of $17.5 million. In addition to the stock and cash payments from Glacier, First Company will also distribute to its shareholders certain out-of-market loan participations and other assets of the holding company not related to its community banking operations. The transaction is expected to close in the second quarter of 2009.
