Holding company combines banks in two states
Pony Express Bancorp, Elwood, Kan., has completed a merger of its two banks, Pony Express Community Bank, St. Joseph, Mo., and Bank of Paxton, Neb. Combined, the bank has $51 million in assets.
The holding company acquired the $12 million Bank of Paxton in 2006. Bob Means, Pony’s president, said Paxton was struggling at the time, and that the plan had always been to get the bank on the right . . .
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