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New Deal


Announced

Triumph Bancorp acquired First Bancorp of Durango and Southern Colorado Corp.

Financials

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Public

Friendly

Banks

Acquisition

Single Bidder

bank holding company

Pending

United States

Synopsis

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Triumph Bancorp Inc. announced that it has signed definitive agreements to acquire First Bancorp of Durango Inc., is a bank holding company with $646 million in total assets, and Southern Colorado Corp., is a bank holding company with $88 million in total assets. The transaction is expected to close during the second quarter of 2018.

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