First International Bank & Trust, which has a growing presence in Sioux Falls, plans to expand into Texas through the acquisition of a Dallas-based bank.
The North Dakota-based bank announced Tuesday that it has entered into a definitive agreement to acquire Dominion Bank, which has $650 million in assets.
Following the transaction, First International Bank & Trust is expected to have $7 billion in assets and 31 branches across North Dakota, South Dakota, Minnesota, Arizona and Texas…