Glacier Bank
Kalispell, Montana, Flathead County
$31.6B in total assets, the 72nd largest of 4,309 US banks and 1st of 35 headquartered in Montana.
- FDIC certificate
- 30788
- Established
- 1955
- Owned by
- Glacier Bcorp Inc
- Primary regulator
- FDIC
- Website
- www.glacierbank.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $31.6B | 70% | $22.4B | |
| Loans | $21.4B | 71% | $14.4B | |
| Deposits | $24.9B | 70% | $18.0B | |
| Return on assets | 1.09% | 31% | 1.30% | |
| Net interest margin | 3.89% | 70% | 3.61% | |
| Efficiency ratio | 59.0% | 69% | 55.1% | |
| Equity to assets | 13.70% | 82% | 11.57% | |
| Loans to deposits | 86% | 46% | 87% |
Growth
Total assets grew 9.1% a year over the last 5 years and 13.2% a year over 10 years, including 11 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2025 | Guaranty Bank & Trust, N.A. Mount Pleasant, TX | $3.1B |
| Apr 2025 | Bank of Idaho Idaho Falls, ID | $1.3B |
| Jan 2024 | Wheatland Bank Spokane, WA | $728M |
| Oct 2021 | Altabank American Fork, UT | $3.6B |
| Feb 2020 | State Bank of Arizona Lake Havasu City, AZ | $678M |
| Jul 2019 | Heritage Bank of Nevada Reno, NV | $842M |
| Apr 2019 | The First National Bank of Layton Layton, UT | $329M |
| Feb 2018 | First Security Bank Bozeman, MT | $1.0B |
| Jan 2018 | Collegiate Peaks Bank Buena Vista, CO | $533M |
| May 2017 | The Foothills Bank Yuma, AZ | $360M |
| Sep 2016 | Treasure State Bank Missoula, MT | $73M |
| Oct 2015 | Canon National Bank Canon City, CO | $260M |
| Feb 2015 | Community Bank, Inc. Ronan, MT | $175M |
| Aug 2014 | First National Bank of the Rockies Grand Junction, CO | $345M |
| Aug 2013 | North Cascades National Bank Chelan, WA | $330M |
| Jun 2013 | First State Bank Wheatland, WY | $287M |
| Apr 2012 | First Bank of Montana Lewistown, MT, an affiliate under the same holding company | $280M |
| Apr 2012 | First Bank of Wyoming Powell, WY, an affiliate under the same holding company | $403M |
| Apr 2012 | 1ST BANK Evanston, WY, an affiliate under the same holding company | $768M |
| Apr 2012 | First Security Bank of Missoula Missoula, MT, an affiliate under the same holding company | $1.1B |
| Apr 2012 | Valley Bank of Helena Helena, MT, an affiliate under the same holding company | $465M |
| Apr 2012 | Big Sky Western Bank Bozeman, MT, an affiliate under the same holding company | $381M |
| Apr 2012 | Mountain West Bank Coeur D Alene, ID, an affiliate under the same holding company | $1.1B |
| Apr 2012 | Citizens Community Bank Pocatello, ID, an affiliate under the same holding company | $367M |
| Apr 2012 | Bank of the San Juans Durango, CO, an affiliate under the same holding company | $237M |
| Apr 2012 | Western Security Bank Billings, MT, an affiliate under the same holding company | $824M |
| May 2008 | Glacier Bank of Whitefish Whitefish, MT, an affiliate under the same holding company | $204M |
| Jan 2007 | First Citizens Bank, National Association Columbia Falls, MT, an affiliate under the same holding company | $45M |
| Jan 1989 | Glacier National Bank Columbia Falls, MT | $14M |
Where they operate
254 branches in 107 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Flathead County, MT | $1.9B | 48.0% | 1 of 12 |
| Gallatin County, MT | $1.8B | 35.0% | 1 of 16 |
| Utah County, UT | $1.3B | 4.7% | 7 of 16 |
| Yellowstone County, MT | $895M | 12.1% | 4 of 12 |
| Missoula County, MT | $889M | 22.5% | 1 of 11 |
| Mohave County, AZ | $809M | 18.2% | 3 of 10 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 122 branches since 2016 (132 to 254, +92.4%). 29 opened, 131 acquired, 38 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 132 | |||
| 2016 | Acquired Treasure State BankClosed Grand Junction and Hayden | 1 | 2 | −1 | 131 |
| 2017 | Acquired The Foothills BankOpened Prescott Valley, closed Evanston and Missoula | 5 | 2 | +3 | 134 |
| 2018 | Acquired First Security Bank and Collegiate Peaks BankOpened Chester and Tucson, closed 4 in Montana | 18 | 4 | +14 | 148 |
| 2019 | Acquired The First National Bank of Layton and Heritage Bank of NevadaOpened 10 in 5 states, closed 3 in Colorado | 23 | 3 | +20 | 168 |
| 2020 | Acquired State Bank of ArizonaOpened 4 in 3 states, closed 5 in 2 states | 14 | 5 | +9 | 177 |
| 2021 | Acquired AltabankOpened Sheridan | 26 | 0 | +26 | 203 |
| 2022 | Opened 3 in 2 statesClosed 5 in 3 states | 3 | 5 | −2 | 201 |
| 2023 | Opened BozemanClosed 3 in 2 states | 1 | 3 | −2 | 199 |
| 2024 | Acquired Wheatland BankClosed 7 in 2 states | 12 | 7 | +5 | 204 |
| 2025 | Acquired Guaranty Bank & Trust, N.A. and Bank of IdahoOpened 5 in 2 states, closed 6 in 4 states | 55 | 6 | +49 | 253 |
| 2026 through Q2 | Opened Fort Collins and Heber CityClosed Idaho Falls | 2 | 1 | +1 | 254 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 43% | 25% | |
| 1-4 family residential | 20% | 21% | |
| Construction and land | 12% | 6% | |
| Business (C&I) | 8% | 17% | |
| Multifamily | 5% | 8% | |
| Farmland | 4% | 1% | |
| Agricultural | 2% | 0% | |
| Consumer | 1% | 10% | |
| Other | 5% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 55% | 62% | |
| Noninterest-bearing | 30% | 20% | |
| Time deposits | 15% | 18% |
Brokered deposits are 0.0% of deposits (peers 7.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.39% | 0.63% |
| Net charge-offs, annualized | 0.08% | 0.14% |
| Reserves to loans | 1.21% | 1.14% |
| Leverage ratio | 10.10% | 10.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Montana
Largest competitors in Flathead County, MT
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/glacier