InBank, a Denver-based bank with 13 branches in Colorado and New Mexico, is being acquired.
First National of Nebraska, parent company of FNBO, will acquire InBank parent company InBankshares in a deal expected to close by the end of the year, the companies announced Tuesday.
InBank shareholders are expected to receive $16.41 to $16.74 per share, or $200 million to $204 million total, although the final figures are dependent on several variables.
FNBO, which stands for First National Bank of Omaha, has locations in eight states, including 21 branches in northern Colorado.
“We believe this next chapter will create new opportunities for our customers and associates while carrying forward the values that have shaped InBank,” its CEO Ed Francis said in a statement.
Francis founded InBankshares in 2017, raised $70 million and spent $46 million the following year on New Mexico-based International Bank, which at the time had seven branches in that state with about $320 million in assets. Francis rebranded the combined entity as InBank in 2019.
Today, InBank has $1.4 billion in assets. Four of its branches are in New Mexico, including one in Raton, where International Bank got started in 1918. The remaining nine are in Colorado.
FNBO was the 11th-largest bank in Colorado by deposit share as of June 2025, according to Federal Deposit Insurance Corp. data. InBank, which is headquartered at 3615 Delgany St., was 25th.
InBank branches are expected to rebrand to FNBO in the second half of 2027.
“InBank is strategically and culturally aligned with FNBO and represents an important step in our thoughtful expansion,” FNBO Chairman and President Clark Lauritzen said in a statement.
FNBO is in expansion mode. The company is also buying Missouri’s Blue Ridge Bank, which has eight locations in the Kansas City area.
Colorado’s biggest bank deal of the year closed Jan. 5, when Pittsburgh, Pennsylvania-based PNC Bank acquired FirstBank.
Read more from our partner, .
