Kansas banks to merge

The Farmers State Bank of Oakley, Kan., is acquiring Kaw Valley State Bank in Eudora, Kan. .The deal is expected to close in the next few months.Financial details of the acquisition have not been released. The $300 million Farmers State Bank of Oakley is in the western part of the state and has a single branch and 14 employees. Kaw Valley State Bank has $73 million in assets and is headquartered in eastern Kansas. “By becoming part of a larger, yet still community-focused institution, we will be able to offer more products and services, without losing the small-town feel you have come to know and trust,” Kaw Valley State Bank wrote in a Facebook post. “The Farmers State Bank is a like-minded organization that understands the importance of modern banking technology and strong local relationships.” Editor’s Note: A previous version of this story misstated the headquarters of Kaw Valley State Bank and its asset size. The bank is headquartered in Eudora, Kan. and has $73 million in assets.