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Heritage Bancshares agrees to buy Fidelity Kansas Bancshares

Heritage Bancshares in Topeka, Kan., has agreed to buy Fidelity Kansas Bancshares in Topeka.

The parent of the $135 million-asset Heritage Bank said in a press release that it expects to complete its purchase of the parent of the $160 million-asset Fidelity State Bank and Trust in the second quarter. The price wasn’t disclosed.

“The team at Fidelity has done an excellent job building relationships with their clients and communities, and it is our plan to deepen those existing ties,” Tony Konrade, Heritage Bank’s president and CEO, said in the release.

Olsen Palmer and Armstrong Teasdale advised Heritage. CC Capital Advisors and Stinson advised Fidelity Kansas.

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