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M&A Deal Summary

First Interstate Bank Acquires Equity Bank

On May 24, 2000, First Interstate Bank acquired financial services company Equity Bank for 20M USD

Acquisition Highlights
  • This is First Interstate Bank’s 5th transaction in the Financial Services sector.
  • This is First Interstate Bank’s 4th largest (disclosed) transaction.
  • This is First Interstate Bank’s 5th transaction in the United States.
  • This is First Interstate Bank’s 1st transaction in Kansas.

M&A Deal Summary
Date 2000-05-24
Target Equity Bank
Sector Financial Services
Buyer(s) First Interstate Bank
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Equity Bank

Wichita, Kansas, United States
Equity Bank is a full-service community bank with offices throughout Kansas and Missouri in the U.S.A. Equity Bank offers a full range of financial solutions, including commercial loans, consumer banking, mortgage loans, and treasury management services. Equity Bank was incorporated in 2002 and is based in Wichita, Kansas.

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Buyer(S) 1

Buyer

First Interstate Bank

Billings, Montana, United States
Category Company
Founded 1971
Sector Financial Services
Employees3,481
Revenue 1.0B USD (2024)
DESCRIPTION

First Interstate Bank is a financial holding company offering a full range of internet, mobile, and other banking and financial services throughout Montana, Wyoming, and South Dakota. First Interstate Bank was founded in 1971 and is based in Billings, Montana.

DEAL STATS #
Overall 5 of 13
Sector: Financial Services M&A 5 of 13
Type: Add-on Acquisition M&A Deals 5 of 12
State: Kansas M&A 1 of 1
Country: United States M&A 5 of 13
Year: 2000 M&A 1 of 1
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-12-18 Mountain Bank Mountain Bank System

Montana, United States

Mountain Bank Mountain Bank System, Inc. is a provider of financial services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-27 Silver Run Bancorporation

Red Lodge, Montana, United States

Silver Run Bancorporation, Inc. is a provider of financial services.

Buy $3M
Mergr

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