Protection Bank Holding Co. in Protection, Kan., plans to acquire Haviland Bancshares in Haviland, Kan. .The holding company of $96.8 million Bank of Protection applied with the Federal Reserve to acquire the holding company of the $49.2 million Haviland State Bank. As of March 31, Bank of Protection had $76.5 million in total deposits and $59.7 million in net loans and leases. As of March 31, Haviland State Bank had $36.8 million in deposits and $32.5 million in net loans and leases. Financial details of the deal have not been disclosed. As part of the deal, Protection Bank Holding Co. is expected to acquire Haviland Bancshares subsidiary Banco Insurance Agency.
