Several
bank mergers have been disclosed by the Federal Reserve.
The Fed listed the pending transactions in a pair of public notices.
Northeast
Kansas Bancshares in Overland Park has agreed to acquire Bank of Orrick in
Missouri.
Community
Bancshares of America, a group formed to buy banks, acquired Northeast Kansas Bancshares,
the parent of the $115 million-asset Kendall Bank, to advance that strategy. Bank
of Orrick has $43.6 million of assets.
First
Artesia Bancshares in New Mexico plans to buy Southwest United
Bancshares in El Paso, Texas.
First Artesia, the parent of the $1.6
billion-asset First American Bank, plans to complete the purchase of Southwest
and the $350 million-asset United Bank of El Paso Del Norte in the second or
third quarter.
Finally,
ServBanc Holdco in Phoenix is looking to acquire Allied First Bancorp, the
parent of the $167 million-asset Allied First Bank in Oswego, Ill.
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