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Bank of the Cascades completed its acquisition of Farmers & Merchants State Bank, Boise, April 20.
In the deal between parent companies Cascade Bancorp and F&M Holding Co., Cascade paid $22.5 million in cash and 5,325,000 shares of Cascade stock.
Bank of the Cascades, Bend, Ore., gained 11 Treasure Valley branch offices and about $600 million in assets. The bank - which now fields 32 branch offices and has more than $2 billion in...