BankHaven is seeking to merge with First National Bank of Hutchinson.
The Haven-based bank plans to hold a special meeting of shareholders on Feb. 19 to approve its proposed merger agreement with First National, a $578 million bank.
BankHaven chairman Mike Fahrbach said Wednesday he couldn't comment on the deal until after the end of a public comment period on the merger.
The bank said in a Jan. 22 notice to shareholders that if the merger is approved, "First National Bank of Hutchinson will be the surviving banking corporation and BankHaven will surrender its bank charter to the State of Kansas."
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Terms of the agreement were not disclosed.
First National vice president Kris Doswell also said she could not comment on the merger until the comment period ends, which is March 1.
BankHaven opened a Wichita branch at 13th and Tyler in 2000 and tried to distinguish itself with a room off the lobby set up as a country kitchen, where its bankers conducted business with customers over a kitchen table.
But in September 2008, BankHaven closed the branch, citing difficulties in growing deposits here.
Kingman-based Citizens Bank of Kansas purchased the branch building later that same month.
BankHaven was among the first of several rural banks to establish a new branch in the city, and it was the first of its peers to close its Wichita branch.
A review of Federal Deposit Insurance Corp. records shows that BankHaven's Wichita branch deposits ranged from $192,000 in June 2000 to $3.54 million in June 2008. The branch's high point for deposits was in June 2004, when it had $8.4 million in deposits, records show.
According to a report filed with regulators, the $22 million bank reported a loss of $704,000 in the fourth quarter of 2009.