In Brief: FCNB Buying Md. Bank in $42M Stock Deal

FCNB Corp. said Tuesday it has signed a definitive agreement to buy Capital Bank, Rockville, Md., for about $42 million in stock.

The deal would help FCNB, the parent of FCNB Bank, expand in Montgomery County and would give it a presence in metropolitan Washington.

After acquiring $170 million of assets from Capital Bank and seven branches from Virginia Banks Inc. in a deal announced earlier, FCNB would have 32 branches and about $1.2 billion of assets.

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