First Capital Inc. of Corydon, Ind., and HCB Bancorp of Palmyra, Ind., said they plan to merge, forming a nine-branch banking company with $203 million of assets.

The southern Indiana banks said Monday that they expect to close the $14 million stock-swap transaction in the first quarter of 2000.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.