Missouri banks to merge

Peoples Community Bank, Greenville, Mo., has agreed to acquire Cabool State Bank, Cabool, Mo..The $337 million Peoples Community will add one branch to its network with its acquisition of the $60 million Cabool State Bank..The deal has been approved by the boards of both companies and is expected to close in the fourth quarter.."My family is excited to see the bank that we have been a part of for decades become a part of a family owned bank with a very similar approach to banking and a great appreciation for our way of life in rural Missouri," said Roger S. Lindsey, president and CEO of the $60 million Cabool State Bank. "Peoples Community Bank is fully committed to community banking, emphasizing personal relationships with agricultural, individual family and small business clients.".Peoples Community Bank, founded in 1977, has 14 offices in Missouri.