HomeStreet in Seattle has bought a branch in Dayton, Wash., from Banner Corp. in Walla Walla, Wash.
The $5 billion-asset HomeStreet did not disclose the price it paid. The sale closed on Tuesday, according to a news release.
The branch had been owned by AmericanWest Bank. The $5.3 billion-asset Banner sold the branch after closing its October acquisition of Starbuck Bancshares, AmericanWest's parent company.
HomeStreet also picked up $25.7 million in deposits and $4.6 million in loans associated with the branch. The purchase increases HomeStreet's total branch count to 44 in Washington, Oregon, California and Hawaii.