RCB Bank in Claremore, Okla., has agreed to buy CornerBank in Winfield, Kan.
The $2.8 billion-asset RCB said in a press release that it plans to complete its purchase of the $289 million-asset CornerBank in the third quarter. RCB did not disclose the price.
CornerBank has nine branches and nearly 100 employees. RCB, meanwhile, has four branches in the state.
"Our hometown community bank model fits well in the Kansas market place and CornerBank's similar approach makes this transaction a natural fit," Roger Mosier, RCB's president and chief executive, said in the release.