Hilltop Bank to buy Cheyenne State Bank in Wyoming bank merger

Hilltop Bank in Casper, Wyo., has agreed to buy Cheyenne State Bank in Wyoming.

The $1 billion-asset Hilltop did not disclose how much it will pay for the $30.2 million-asset Cheyenne State. The deal is expected to close in the first quarter.

“We are thrilled about the opportunity to expand our service in Cheyenne through the acquisition of Cheyenne State Bank,” Greg Dixson, Hilltop’s president and CEO, said in a press release. “We look forward to serving existing Cheyenne State Bank customers and welcoming new customers who will love a family-owned Wyoming community bank that gives back to the community in meaningful ways.”