First Financial expands into Kansas City area
Great American Bank, in De Soto, has purchased First Bank of Kansas City, Mo., from the FDIC Division of Resolutions and Receivership. Great American Bank is assuming all loans and deposits from the FDIC. The agreement was effective Sept. 4.
Travis Hicks, president and CEO of Great American Bank, said in a statement, “We’re excited about the acquisition of First Bank. It allows us to expand our market presence into the Kansas City area as well as the state of Missouri.”
Great American Bank is owned by parent company First Financial Bancshares Inc. Douglas Compton is the president of First Financial, which also owns Lawrence Bank, with two branches in Lawrence.
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