The First Security Bank Has Agreed to Acquire Conway Bank
Overbrook, Kansas and Conway Springs, Kansas, December 22nd, 2025, FinanceWire
The First Security Bank Has Agreed to Acquire Conway Bank
Overbrook Bankshares, Inc., the holding company of The First Security Bank, and Norcon Financial Corp., the holding company of Conway Bank, have jointly announced today the signing of a definitive agreement whereby Overbrook Bankshares, Inc. will acquire Norcon Financial Corp. through the merger of Norcon Financial Corp. with and into Overbrook Bankshares, Inc., with Overbrook Bankshares, Inc. continuing as the surviving entity. Immediately following the merger, Conway Bank will be merged with and into The First Security Bank, with The First Security Bank continuing as the surviving bank. The transaction has been approved by the board of directors of each company and is expected to close in the first half of 2026, subject to customary closing conditions, including shareholder and regulatory approvals.
Based on the most recent reported financials, the combined institution is expected to have approximately $225 million in total assets and 8 banking offices across the Kansas City, Topeka, and Wichita MSAs.
With the announcement, Overbrook Bankshares Inc.’s Chairman, Kent Needham, commented, “We are excited to expand our commitment to Kansas banking through the merger of our two organizations. The team at Conway Bank has done an excellent job building relationships with their clients and communities, and it is our plan to deepen those existing ties. Supporting our local communities remains at the heart of our mission, and this partnership with Conway Bank is a significant milestone in our journey to serve them better."
“We look forward to teaming up with The First Security Bank,” said Joe Rottinghaus, President & CEO of Conway Bank. “This transaction positions us for the future of banking. We’re combining the strengths of two well-respected organizations to create new opportunities for our customers, employees, and the communities we serve. Partnering with The First Security Bank allows us to continue the legacy of local decision making, relationship banking and commitment to community while providing greater access to products and services.”
Fenimore Kay Harrison LLP served as legal counsel to Overbrook Bankshares, Inc. Olsen Palmer LLC served as financial advisor to Norcon Financial Corp., and Stinson LLP served as its legal counsel.
About The First Security Bank
The First Security Bank, the wholly-owned banking subsidiary of Overbrook Bankshares Inc., has been serving the financial needs of its communities since its founding in 1897. The Bank's unwavering commitment to delivering solid, dependable products and services, combined with its rich history of community-focused banking, positions it as a distinguished leader among independent financial institutions. Headquartered in Overbrook, Kansas, with four branch locations, The First Security Bank has grown to over $100 million in total assets while maintaining the personalized service and local decision-making that sets community banks apart. For more information, users can visit https://www.firstsecurityks.com.
About Conway Bank
Conway Bank, the subsidiary bank of Norcon Financial Corp., boasts a distinguished heritage dating back to its establishment in 1886, representing nearly 140 years of trusted banking service. Conway Bank has remained dedicated to providing comprehensive financial solutions tailored to meet the diverse needs of both individual customers and business clients. Headquartered in Conway Springs, Kansas, Conway Bank has demonstrated consistent growth and stability, now managing $125 million in total assets across four branch locations. For more information, users can visit https://www.conwaybank.net/.
Contact
The First Security Bankinfo@firstsecurityks.com
785-665-7155
Latest directors dealings
- 12 minutes ago GSK
- 13 minutes ago 3i Group
- 1 hour ago M&G
- 1 hour ago AJ Bell
- 1 hour ago Pembroke Vct B