<SUBMISSION>
<ACCESSION-NUMBER>0000950124-04-001215
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20040324
<ITEMS>5
<ITEMS>7
<FILING-DATE>20040326
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>GLACIER BANCORP INC
<CIK>0000868671
<ASSIGNED-SIC>6022
<IRS-NUMBER>810519541
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-18911
<FILM-NUMBER>04692507
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>49 COMMONS LOOP
<STREET2>.
<CITY>KALISPELL
<STATE>MT
<ZIP>59901
<PHONE>4067564200
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>49 COMMONS LOOP
<STREET2>.
<CITY>KALISPELL
<STATE>MT
<ZIP>59901
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v97646e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="center" style="font-size: 14pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>


<P align="center" style="font-size: 10pt"><B>CURRENT REPORT</B>



<P align="center" style="font-size: 10pt">Pursuant to Section&nbsp;13 or 15(d) of<BR>
the Securities Exchange Act of 1934



<P align="center" style="font-size: 10pt">Date of Report (Date of earliest event reported):<BR>
March&nbsp;24, 2004


<P align="center" style="font-size: 24pt"><B>Glacier Bancorp, Inc.</B>

<DIV align="center" style="font-size: 10pt"><HR size="1" noshade width="50%">
(Exact name of registrant as specified in its charter)</DIV>



<P align="center" style="font-size: 10pt">DELAWARE<BR>
(State or other jurisdiction of incorporation)


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="55%">

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    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>

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<TR valign="bottom">
    <TD align="center" valign="top">000-18911
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">81-0519541</TD>
</TR>

<TR style="font-size: 1px">
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">IRS Employer Identification No.</TD>
</TR>

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</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">49 Commons Loop<BR>
Kalispell, MT 59901<BR>
(Address of principal executive offices) (zip code)



<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: 406-756-4200



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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</TR>
<TR><TD></TD><TD colspan="8"><A HREF="#000">Item&nbsp;5 &#151; Other Events</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;7 &#151; Financial Statements and Exhibits</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="v97646exv99w1.htm">EXHIBIT 99.1</A></TD></TR>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




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<DIV align="left"><A NAME="000"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;5 &#151; Other Events</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On March&nbsp;24, 2004, Glacier Bancorp, Inc. a Delaware corporation
(&#147;Company&#148;), announced the completion of the private sale of $45&nbsp;million in
capital securities representing preferred beneficial interests in Glacier
Capital Trust II, a Delaware unconsolidated special purpose business trust (the
&#147;Trust&#148;) formed by the Company for the purpose of facilitating the offering.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Trust preferred securities sold have a fixed rate of interest, set at
5.788% for five years, after which the rate converts to a floating rate of
interest that is reset quarterly, equal to 3-month LIBOR, plus 2.75%.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net proceeds to the Company from the offering will be used for general
corporate purposes, including the possible future stock repurchases,
acquisition opportunities and redemption of existing trust preferred
securities.

<!-- link2 "Item&nbsp;7 &#151; Financial Statements and Exhibits" -->
<DIV align="left"><A NAME="001"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;7 &#151; Financial Statements and Exhibits</B>


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Financial statements &#151; not applicable.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pro forma financial information &#151; not applicable.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits:</TD>
</TR>

</TABLE>


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(99.1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press Release issued by the Company dated March&nbsp;24, 2004.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt">2
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

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<DIV align="left"><A NAME="002"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


<P align="left" style="font-size: 10pt">Dated: March&nbsp;24, 2004


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    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top">&nbsp;</TD>
    <TD colspan="3">GLACIER BANCORP, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000">/s/ Michael J. Blodnick
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2">Michael J. Blodnick&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2">President and Chief Executive
Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt">3
</DIV>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>v97646exv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="center" style="font-size: 10pt"><B>NEWS RELEASE</B><BR>
March&nbsp;24, 2004


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

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    <TD width="38%">&nbsp;</TD>
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    <TD width="5%">&nbsp;</TD>
    <TD width="45%">&nbsp;</TD>
</TR>

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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">FOR IMMEDIATE RELEASE
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Contact: Michael J. Blodnick<br>
(406)&nbsp;751-4701<br>
James H. Strosahl<br>
(406)&nbsp;751-4702<br></TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><B>GLACIER BANCORP, INC. ISSUES $45.0 MILLION<BR>
OF TRUST PREFERRED SECURITIES</B>


<P align="left" style="font-size: 10pt">Kalispell, MT &#151; Glacier Bancorp, Inc., (NASDAQ-NMS:GBCI), announced today that
it has completed the sale of trust preferred securities in the aggregate amount
of $45.0&nbsp;million. The securities were issued by an unconsolidated special
purpose business trust formed by Glacier and were sold in a private
transaction, pursuant to an applicable exemption from registration under the
Securities Act of 1933, as amended (the &#147;Act&#148;), and have not been registered
under the Act. Sandler O&#146;Neill &#038; Partners, L.P. assisted Glacier in the
placement of the trust preferred securities. The securities may not be offered
or sold in the United States absent registration or an applicable exemption
from registration requirements.


<P align="left" style="font-size: 10pt">The trust preferred securities sold have a fixed rate of interest, set at
5.788%, for five years, after which the rate converts to a floating rate of
interest which is reset quarterly, equal to 3-month LIBOR plus 2.75%.


<P align="left" style="font-size: 10pt">Glacier intends to use the proceeds from the sale of the securities for general
corporate purposes including possible future stock repurchases, acquisition
opportunities and redemption of existing trust preferred securities.


<P align="left" style="font-size: 10pt">This press release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of these securities in any state
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities law of any state.


<P align="left" style="font-size: 10pt">Headquartered in Kalispell, Montana, Glacier conducts business from Glacier
Bank of Kalispell, First Security Bank of Missoula, Glacier Bank of Whitefish,
Valley Bank of Helena, Big Sky Western Bank of Bozeman, Western Security Bank
of Billings, all located in Montana and Mountain West Bank of Coeur d&#146;Alene
located in Idaho, Utah and Washington.


<P align="left" style="font-size: 10pt">Statements contained in this news release that are not historical fact are
forward-looking statements, as the term is defined in the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are subject to
risks and uncertainties that could cause actual results to differ materially
from those currently anticipated due to a large number of factors. Factors
that may cause a difference include, but are not limited to, changes in
interest rates, economic conditions, deposit and loan growth, real estate
values, loan loss provisions, competition, customer retention and changes in
legislation and regulation. Glacier assumes no obligation for updating any
such forward-looking statements at any time.




<P align="center" style="font-size: 10pt">
</DIV>


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</SUBMISSION>
