Idaho bank acquiring branch from First Interstate Bank

Burley, Idaho-based D.L. Evans Bank is acquiring an Idaho branch from Billings, Mont.-based First Interstate Bank. 

The branch, in the central Idaho community of Ketchum, includes First Interstate’s Ketchum branch deposit accounts, including checking, savings, certificates of deposit and individual retirement accounts along with safe deposit box relationships. 

The acquisition is expected to be finalized in August. 

“We are confident that D.L. Evans Bank’s community bank philosophy and commitment to service excellence will allow these clients and the Ketchum community to flourish,” said First Interstate Bank President and CEO Kevin Riley.

The $3 billion D.L. Evans Bank has 39 branches in southern Idaho and northern Utah. 

D.L. Evans Bank CEO John V. Evans III said the acquisition “reaffirms our deep-rooted commitment to the Wood River Valley. Through our dedicated team and unwavering focus on building long-term customer relationships, we are poised to continue delivering exceptional financial solutions that empower our communities.”