WICHITA, Kan. -- Fourth Financial Corp. said it reached a definitive agreement to acquire Mission Hills Bancshares in Johnson County, Kan.
Shareholders of Mission Hills, parent of the $84 million-asset Mission Hills Bank of Shawnee Mission, will get about 358,000 shares of Fourth Financial common stock, worth $9.67 million at Friday afternoon's price of $27.
Fourth Financial, which has $4.2 billion in assets, said it expects the deal to close during the third quarter.