National Bank Holdings to acquire Community Bancorporation for $136m.

National Bank Holdings, a bank holding company, agreed to acquire Community Bancorporation, a holding company for Rock Canyon Bank, for $136m. “Our focus on expanding NBHC’s presence in high performing U.S. markets is again demonstrated by the announcement of our intent to acquire Rock Canyon Bank. Rock Canyon Bank’s highly successful SBA business strategy de-risks the balance sheet, produces strong fee income, and is scalable across our franchise. Equally important, this acquisition strengthens our position as a premier regional bank serving the fast-growing Salt Lake City region. Rock Canyon Bank clients will continue to enjoy the exceptional service and local decision making they have come to expect. They will also benefit from enhanced service offerings including expanded commercial loan and treasury management solutions," Tim Laney, Chairman, National Bank President and CEO.