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Glacier Bancorp acquires Arizona-based State Bank

Kalispell, Mont.-based Glacier Bancorp Inc. completed its acquisition of Lake Havasu City, Ariz.-based State Bank Corp.

State Bank is the parent of State Bank of Arizona, which is being merged into the Foothills division of Glacier Bank.

State Bank of Arizona had total assets of $677.6 million, total loans of $439.2 million and total deposits of $586.8 million, as of Dec. 31, 2019, according to a news release.