Oregon City, Ore.-based Lewis & Clark Bank completed its acquisition of Seaside, Ore.-based Clatsop Community Bank.

Clatsop Community Bank shareholders received 0.3040 of a Lewis & Clark Bank common share and $2.89 in cash for each common share they own.

The combined company, operating as Lewis & Clark Bank, has assets of about $300 million and branches in Oregon in Seaside, Astoria and Oregon City.