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Bellwood Community-Hassenstab deal valued at over $4M

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Bellwood Community-Hassenstab deal valued at over $4M

Bellwood CommunityHolding Co.'s pendingacquisition of fellowNebraskan Hassenstab Management Co.Inc. has an estimated value of $4.4 million.

The figure was disclosed in Bellwood's April 8 filing to theFederal Reserve Bank of Kansas City and is net of the $1.1 million in dividendsto be paid by Hassenstab and subsidiary FarmersState Bank each.

Farmers State President Deborah Herchenbach will join the acquirerto become a Bank of the Valleyvice president and branch manager.