Britton & Koontz First National Bank in Natchez, Miss., has a deal to buy a Vicksburg branch from Union Planters Corp.

The price was not disclosed. The purchase would bring $172 million-asset Britton & Koontz outside of its home market for the first time. Vicksburg is 70 miles north of Natchez.

The deal, which includes $6.4 million of deposits and $1.6 million of loans, is expected to close in July.

Britton & Koontz bought two Natchez branches with $13 million of deposits from Memphis-based Union Planters in January.

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