The Joplin Globe, Joplin, MO

Business

October 10, 2012

Nebraska-based bank buying First State Bank

LINCOLN, Neb. — Nebraska-based Pinnacle Bank has agreed to buy First State Bank of Joplin, Mo.

Financial terms have not been disclosed. The transaction is expected to close in December.

First State Bank has four branches in Joplin, one in Sarcoxie and one in Webb City and a total of $183 million in assets.

Pinnacle Bancorp Inc., of Omaha, is the subsidiary owner of Pinnacle Bank and is a $6.7 billion financial holding company operating 127 community banks in eight states.

 

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