Central Bank of the Midwest parent buys another Northland bank

For the second time this year, Central Bancompany Inc., the holding company for Lee's Summit-based Central Bank of the Midwest, is acquiring a bank in the Northland. This time, Central Bancompany reached an agreement to acquire Platte Valley Bank of Missouri for an undisclosed amount. The transaction requires the approval of shareholders and bank regulators. If approved, Platte Valley Bank will be merged into Central Bank of the Midwest. Once the transaction closes, Central Bank of the Midwest…