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Banner Bank buying troubled Idaho Banking Co. (access required)

Banner Bank is buying Idaho Banking Co. for $2.6 million in a deal announced April 24. Boise-based Idaho Banking Co.’s holding company plans to file for Chapter 11 bankruptcy as part of the merger, which won’t affect the bank’s day-to-day operations. Idaho Banking Co. is the last Idaho bank that still owes money under the Troubled ...

About Brad Iverson-Long

Brad Iverson-Long is a reporter for the Idaho Business Review, covering banks, financial services, technology and new business.