M&A Deal Summary

Mountain West Bank Acquires Zions First National Bank - Bonners Ferry

On January 31, 2005, Mountain West Bank acquired financial services company Zions First National Bank - Bonners Ferry from Zions First National Bank

Acquisition Highlights
  • This is Mountain West Bank’s 2nd transaction in the Financial Services sector.
  • This is Mountain West Bank’s 2nd transaction in the United States.
  • This is Mountain West Bank’s 1st transaction in Utah.

M&A Deal Summary

Date 2005-01-31
Target Zions First National Bank - Bonners Ferry
Sector Financial Services
Buyer(s) Mountain West Bank
Sellers(s) Zions First National Bank
Deal Type Divestiture

Target

Zions First National Bank - Bonners Ferry

Salt Lake City, Utah, United States
Zions First National Bank - Bonners Ferry is a provider of financial services.

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Buyer(S) 1

Buyer

Mountain West Bank

Coeur d'Alene, Idaho, United States

Category Company
Founded 1993
Sector Financial Services
Employees67
DESCRIPTION

Mountain West Bank engages in generating deposits and originating loans in the United States.


DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 2 of 2
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 2 of 2
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-15 Pend Oreille Bancorp

SANDPOINT, Idaho, United States

Pend Oreille Bancorp is a provider of banking services for commercial and individuals in United States.

Buy $10M

Seller(S) 1

SELLER

Zions First National Bank

Salt Lake City, Utah, United States

Category Company
Founded 1873
Sector Financial Services
DESCRIPTION

Zions First National Bank provides personal and commercial banking services.Zions First National Bank operates as a subsidiary of Zions Bancorp.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Draper Bancorp

Draper, Utah, United States

Draper Bank has a well-deserved reputation as the famous bank serving the rapidly growing communities.

Buy $82M