First Community Bancshares has filed with the Federal Reserve Bank in Kansas City to begin acquiring Norbank in North Kansas City.
The companies signed an agreement to merge the holding companies in October. The filing with the Federal Reserve Bank is the first step in obtaining regulatory approval of the merger.
Norbank, with a single location at 401 Armour in North Kansas City, has assets of roughly $35 million. First Community Bancshares operates 17 First Community Banks and FCB Banks in western Missouri and eastern Kansas. With $565 million in assets, the company also has a residential lending center in Overland Park, Kan.