Team Financial Inc. announced a deal Wednesday to buy Fort Calhoun (Neb.) Investment Co. for an undisclosed sum.

Team said it would pay cash for $22 million-asset Fort Calhoun and its one-branch subsidiary, Fort Calhoun State Bank. The deal, along with Team's other pending acquisitions, would boost the company's assets to about $525 million.

Team is a multibank holding company with 15 branches in Kansas, Missouri, and Nebraska. The deal for Fort Calhoun, expected to close in the first quarter, would give it a sixth banking site in the fast-growing Omaha market. -- Alan Kline

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