Bank acquisition planned in northwest Kansas
By Jerry Siebenmark
The Wichita Eagle
STOCKTON — Stockton National Bank plans to acquire a bank in nearby Norton, according to a regulatory filing made public this week.
The Stockton bank applied to the Office of the Comptroller of the Currency on April 10 to acquire First Security Bank & Trust Co., a state-chartered bank established in 1887 that operates a branch in Lenora, also in the northwest part of the state.
First Security has $63 million in assets and Stockton, founded in 1900, has $112 million in assets, according to the Federal Deposit Insurance Corp.
The approval process includes a 30-day public comment period on the acquisition that ends May 9, according to the OCC filing.
(c)2014 The Wichita Eagle (Wichita, Kan.)