Banner County in Nebraska to buy Wyoming bank

Banner County Ban Corp. in Harrisburg, Neb.., has agreed to buy Bankers Capital in Lusk, Wyo. 

The $228 million-asset Banner County said in a press release that it expects to complete the purchase of Bankers Capital and its $68 million-asset Lusk State Bank in the second quarter.

Banner County did not disclose the price it will pay. 

Banner County will gain a branch in Wyoming. Lusk State will operate as an independent bank after the deal closes. 

Olsen Palmer and Spierer Woodward Corbalis & Goldberg advised Bankers Capital. Koley Jessen advised Banner County.