Dream First Bank in Syracuse, Kan, has agreed to buy a branch from Bank of the Plains in Plains, Kan.
The $921 million-asset Dream First said in a press release that it will buy a Lakin, Kan., location, from the $442 million-asset Bank of the Plains. The branch had $15.3 million of deposits on June 30, based on data from the Federal Deposit Insurance Corp.
The deal is expected to close in the first quarter; the price wasn’t disclosed.
“Our mission at Dream First has always been simple — to improve every life we touch, and we can’t wait to do that here, side-by-side with our neighbors in Kearny County,” Chris Floyd, the bank’s president and CEO, said in the release. “We really want to ensure our communities have the resources to make their dreams come true.”
Hunton Andrews Kurth advised Dream First.