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First National of Nebraska's subsidiary FNBO has agreed to acquire Denver-based InBankshares Corp and its subsidiary InBank in a cash transaction. The deal, pending regulatory approval expected by year-end, values InBankshares at between $200 million and $204 million. InBank holds $1.4 billion in assets and operates as an independent community bank offering commercial, business, and personal banking services. The acquisition will significantly expand FNBO's Colorado presence, adding nine InBank branches along the Front Range to its existing 21 northern Colorado locations, creating a 30-branch statewide network. FNBO will also gain four InBank branches in northern New Mexico. InBank's rebranding and customer conversion to FNBO is expected in the second half of 2027. This follows FNBO's June acquisition of Blue Ridge Bank & Trust in Missouri.

FNBO to acquire Colorado bank in $204M deal. The Nebraska-based lender said acquiring $1.4 billion-asset InBank will expand its Colorado footprint into the Denver and Colorado Springs markets. Published Sept. 2, 2026 Dive brief: * First National Bank of Omaha has agreed to acquire Denver-based InBankshares Corp. in a cash deal valued at up to $204 million, the companies said Wednesday. * The acquisition of $1.4 billion-asset InBank would boost FNBO's presence in Colorado, adding nine branches in the state and expanding its footprint to Denver, Colorado Springs and southern Colorado, FNBO said in a news release. InBank also has four branches in northern New Mexico. * The companies expect the deal to receive regulatory approval by the end of the year. Dive insight: FNBO has been on an acquisition tear: The InBank deal announcement comes just three months after FNBO said it would buy Independence, Missouri-based Blue Ridge Bancshares, expanding its presence in the Kansas City area by eight branches. And that occurred nine months after FNBO closed its acquisition of Country Club Bank, giving the Nebraska lender 20 Kansas City-area branches. Privately held FNBO is a subsidiary of Omaha-based First National of Nebraska, which has about $35 billion in assets. FNBO has about 140 locations across Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, South Dakota, Texas and Wyoming, according to the Federal Deposit Insurance Corp. FNBO's Colorado presence already includes 21 branches across the northern part of the state, in Fort Collins, Boulder, Greeley and Loveland. The InBank acquisition will bring the bank's statewide branch count to 30. "InBank is strategically and culturally aligned with FNBO and represents an important step in our thoughtful expansion," Clark Lauritzen, president and chairman of FNBO, said in the release. "Its experienced team, trusted customer relationships and entrepreneurial culture provide a meaningful foundation as we welcome new customers and communities to FNBO." Under the terms of the deal, InBank shareholders can receive a special dividend just before closing, and will receive cash for their InBank shares from First National of Nebraska at closing. The dividend amount and the amount paid for InBank shares will be affected "by several factors," including InBank's tangible equity at closing, the release said. InBank estimates total shareholder consideration for the transaction will range from $200 million to $204 million, with the per-share value ranging from $16.41 per share to $16.74 per share. An investor group acquired International Bank, a 100-year-old community bank in New Mexico, in 2018 and rebranded it to InBank the following year, according to an investor presentation. The bank had about $1.1 billion in deposits and $942.7 million in loans held for investment, as of June 30, according to a second-quarter earnings release. InBank sold three branches in 2025 to "optimize" its footprint, the investor presentation said. "InBank was built with a commitment to delivering highly personalized service, and FNBO shares our belief in authentic relationships, local decision-making and doing what is right for customers and communities," Ed Francis, InBank's founder and CEO, said in the release. "We believe this next chapter will create new opportunities for our customers and associates while carrying forward the values that have shaped InBank." InBank branches will be rebranded as FNBO branches in the second half of 2027, alongside customer conversion, the banks said.

FNBO to acquire InBank, expand Colorado market. * * FNBO Newsroom Read Time: 4 minutes Date Published: September 02, 2026 Omaha, NE and Denver, CO, September 2, 2026 - First National of Nebraska, with its subsidiary FNBO (First National Bank of Omaha), and Denver, Colorado-based InBankshares, Corp jointly announced today that they have entered into a definitive agreement pursuant to which First National of Nebraska will acquire InBankshares, Corp and its wholly-owned subsidiary InBank in a cash transaction. The acquisition is pending regulatory approval, which is anticipated by the end of the year. "InBank is strategically and culturally aligned with FNBO and represents an important step in our thoughtful expansion," said Clark Lauritzen, Chairman and President of FNBO. "Its experienced team, trusted customer relationships and entrepreneurial culture provide a meaningful foundation as we welcome new customers and communities to FNBO." The acquisition significantly expands FNBO's presence in Colorado, adding nine branches along the Front Range, including a new footprint in Denver, Colorado Springs and southern Colorado. Combined with FNBO's 21 existing branches across northern Colorado, including Fort Collins, Boulder, Greeley and Loveland, the acquisition will bring the bank's statewide network to 30 branches. FNBO will also add four InBank branches in northern New Mexico. With $1.4 billion in assets, InBank is an independent community bank that offers a full suite of commercial, business and personal banking solutions. "InBank was built with a commitment to delivering highly personalized service, and FNBO shares our belief in authentic relationships, local decision-making and doing what is right for customers and communities," said Ed Francis, Founder and CEO of InBank. "We believe this next chapter will create new opportunities for our customers and associates while carrying forward the values that have shaped InBank." Under the terms of the merger agreement, the stockholders of InBankshares, Corp may receive a special dividend from InBankshares, Corp immediately prior to closing and will receive cash in exchange for their shares of InBankshares, Corp common stock from FNNI at closing. Both the amount of any special dividend and the amount of consideration paid for InBankshares, Corp common stock will be affected by several factors, including InBankshares, Corp's tangible equity at closing. InBankshares, Corp currently estimates that the total consideration to be received by its common stockholders in this transaction will range from $200 to $204 million, and the per share value will range from $16.41 per share to $16.74 per share, although these amounts may change. The closing of the acquisition is subject to the satisfaction of customary closing conditions, including the receipt of all required regulatory approvals. This news follows FNBO's announcement in June of its acquisition of Blue Ridge Bank & Trust in Missouri, which added eight branches to the regional bank's existing footprint in the Kansas City metro area. InBank's branch rebranding and customer conversion to FNBO are expected to occur in the second half of 2027. About FNBO FNBO (First National Bank of Omaha), a subsidiary of First National of Nebraska, Inc. (FNNI), is one of the largest privately held banks in the US and has been in business for nearly 170 years. FNNI and its affiliates have $35 billion in assets and more than 4,500 employees. Headquartered in Omaha, Nebraska, with primary banking offices in Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, South Dakota, Texas and Wyoming, FNBO provides personal and business banking, mortgage, payment solutions, wealth management and more. Founded in 1857, FNBO has maintained its commitment to customers and helping build strong communities. Learn more at FNBO.com and connect on Facebook, X and Instagram. Member FDIC. Equal Housing Lender. Investments and Insurance Products: Not a Deposit | Not Guaranteed by the Bank or its Affiliates | Not FDIC Insured | Not Insured by Any Federal Government Agency | May Go Down in Value About InBank InBank is the wholly owned subsidiary of InBankshares, Corp (OTC Pink Limited: INBC), and an independent commercial bank serving the Colorado Front Range, southern Colorado and northern New Mexico markets. InBank offers a full suite of commercial, business and personal banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit InBank.com. Forward-Looking Statements This press release contains, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements preceded by, followed by, or that include the words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "projects," "outlook" or similar expressions. These statements are based upon the current belief and expectations of management and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond the parties' control). Although First National of Nebraska and InBankshares, Corp believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, there can be no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by either party or any other person that the future events, plans, or expectations contemplated by the parties will be achieved. All subsequent written and oral forward-looking statements attributable to either party or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. The parties do not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law. Additional Information InBankshares, Corp will provide its stockholders with a proxy statement and other proxy solicitation materials with respect to the merger. InBankshares, Corp's stockholders are urged to read the proxy statement and other proxy solicitation materials and any amendments or supplements to those documents because they will contain important information which should be considered before making any voting decision regarding the merger. For information contact: Sally Christensen, 402-871-1933 [email protected] For InBankshares, Corp investor matters: Dan Patten, 720-552-8327 [email protected] The articles in this blog are for informational purposes only and not intended to provide specific advice or recommendations. When making decisions about your financial situation, consult a financial professional for advice. Articles are not regularly updated, and information may become outdated. FNBO is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer. NMLS 412727 Cards are issued by FNBO (First National Bank of Omaha), pursuant to a license from Visa(R) U.S.A., Inc. Visa(R) is a registered trademark of Visa(R) International Service Association and used under license. Only deposit products are FDIC insured. Investment Products are: NOT FDIC INSURED - NOT A DEPOSIT OR OTHER OBLIGATION OF THE BANK - NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY - NOT GUARANTEED BY THE BANK - MAY LOSE VALUE Awards based on independent surveys and editorial methodologies for the years shown. Recognition does not imply endorsement or affiliation.