First National of Nebraska in Omaha has agreed to buy Western States BanCorp. in Laramie, Wyo.
The $25.8 billion-asset First National said in a press release Monday that it expects to complete the purchase of the $542 million-asset Western States in the first quarter. First National did not disclose the price it will pay.
Western States 10 branches and $486 million of deposits across southeast Wyoming, northeast Colorado and the Nebraska panhandle.
First National will enter the Wyoming markets of Laramie and Cheyenne when the deal closes.
First National has nearly 100 branches in Colorado, Illinois, Iowa, Kansas, Nebraska, South Dakota and Texas. Olsen Palmer advised Western States.
Olsen Palmer advised Western States.