Banc Corp. of Birmingham, Ala., continued its buying spree with an agreement to buy C&L Banking Corp. of Bristol, Fla.

The price was not disclosed. The deal, announced last week, is expected to close this summer.

C&L has $108 million of assets and owns two banks with three offices on the Florida panhandle. Those banks would be merged into a Banc Corp. subsidiary called The Bank.

Fast-growing Banc Corp., which has $420 million of assets, has another Florida deal pending, to buy Emerald Coast Bancshares of Panama City Beach. The two deals would give The Bank about $193 million of assets and seven branches in Florida.

They "will give us a dominant presence in these areas and allow us to tap into a market that provides significant growth potential," said James A. Taylor, chairman of Banc Corp.'s board.

The company closed four bank acquisitions last quarter and also has a deal to buy BankersTrust of Alabama Inc. in Huntsville.

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