---
schema_version: "secwatch.filing_event.v1"
accession: "0000868671-23-000117"
form_type: "8-K"
ticker: "GBCI"
cik: "0000868671"
company_name: "GLACIER BANCORP, INC."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:55:29.143685+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Glacier Bancorp to acquire Community Financial Group for $80.6M in stock

## Summary
- $80.6M aggregate stock deal; CFGW shareholders receive 1.0931 GBCI shares per CFGW share, valued at $37.13.
- CFGW has $754M assets, $475M loans, $609M deposits as of June 30, 2023.
- Transaction approved by both boards; expected Q4 2023 close, subject to regulatory and CFGW shareholder approval.
- Wheatland Bank to become new GBCI division, combined with North Cascades Bank; Susan Horton to lead.
- Glacier's 25th acquisition since 2000, expanding Eastern Washington presence.

## SEC filing metadata
- accession: 0000868671-23-000117
- form_type: 8-K
- ticker: GBCI
- cik: 0000868671
- company_name: GLACIER BANCORP, INC.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868671/000086867123000117/0000868671-23-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868671/000086867123000117/gbci-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000868671-23-000117
- JSON: https://secwatch.observer/filing/0000868671-23-000117.json
- Plain text: https://secwatch.observer/filing/0000868671-23-000117.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.