Dacotah Banks, Inc. (OTCPK:DBIN) agreed to acquire First State Bank of Claremont on January 15, 2020. The agreement for acquisition is pending regulatory approval. The transaction is expected to close in third quarter of 2020. Fredrikson & Byron P.A. acted as a legal advisor to Dacotah Banks, Inc. Dacotah Banks, Inc. (OTCPK:DBIN) completed the acquisition of First State Bank of Claremont on July 3, 2020.