M&A Deal Summary

D.L. Evans Bancorp Acquires Idaho Banking Company

On August 31, 2014, D.L. Evans Bancorp acquired financial services company Idaho Banking Company

Acquisition Highlights
  • This is D.L. Evans Bancorp’s 1st transaction in the Financial Services sector.
  • This is D.L. Evans Bancorp’s 1st transaction in the United States.
  • This is D.L. Evans Bancorp’s 1st transaction in Idaho.

M&A Deal Summary

Date 2014-08-31
Target Idaho Banking Company
Sector Financial Services
Buyer(s) D.L. Evans Bancorp
Deal Type Special Situations/Distressed

Target

Idaho Banking Company

Boise, Idaho, United States
Idaho Banking Company is a state-chartered commercial bank and member of the Federal Reserve System, which was organized in 1996 and operates four branch offices.

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Buyer(S) 1

Buyer

D.L. Evans Bancorp

Burley, Idaho, United States

Category Company
Founded 1994
Sector Financial Services
DESCRIPTION

D.L. Evans Bancorp is an Idaho-based bank holding company. It's wholly owned subsidiary, D.L. Evans Bank provides a full array of banking products and services through its 21 branch facilities located throughout Southern Idaho.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (Idaho) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1