Bank of Idaho Holding Company

Bank of Idaho Holding Company

Bank of Idaho Holding Co., the parent company of Bank of Idaho, announced
today that it has completed a $15.0 million private placement of its capital
stock. The investor in the private placement consisted of certain affiliates of
Castle Creek Capital LLC, a well-established, sophisticated institutional
investor that specializes in the community banking sector. Proceeds from the
private placement will be used to facilitate strategic initiatives and support the
company’s organic growth and market expansion activities throughout the
state of Idaho. While Castle Creek will join the company’s shareholder base,
the existing management team and board of directors will continue to lead the
bank’s efforts to provide exceptional products and services to the customers
and communities that the bank serves.

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