Country Club Bank is set to add its first branch offices in Olathe after reaching an agreement to acquire Bank of the Prairie for an undisclosed amount.
If approved by bank regulators, the deal is expected to close in early 2020, with operations being merged into Country Club Bank in the second quarter of 2020.
Bank of the Prairie is a 105-year-old bank with $142.9 million in assets, $109.2 million in deposits and a spotless $100.9 million loan portfolio as of June 30. It has two branch offices…
Country Club Bank is set to add its first branch offices in Olathe after reaching an agreement to acquire Bank of the Prairie for an undisclosed amount.
If approved by bank regulators, the deal is expected to close in early 2020, with operations being merged into Country Club Bank in the second quarter of 2020.
Bank of the Prairie is a 105-year-old bank with $142.9 million in assets, $109.2 million in deposits and a spotless $100.9 million loan portfolio as of June 30. It has two branch offices…