Bank of Idaho Holding Co raises $53.2M to help fund expansion of service into eastern Washington

Bank of Idaho Holding Co. CEO Jeff Newgard tells Proactive the group has recently raised $53.2 million in a common stock private placement.

Newgard says capital helps it fund the acquisition of Seattle-based HomeStreet, Inc. to acquire an eastern Washington branch network including in in Spokane, Kennewick, Dayton, Yakima, and Sunnyside.

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