Gold Bank to Sell Oklahoma Branch.Business Editors LEAWOOD, Kan.--(BUSINESS WIRE)--Jan. 7, 2003 Gold Bank (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GLDB GLDB General License Database ) announced today an agreement for the sale of Gold Bank's Guymon, Oklahoma The City of Guymon is located in the U.S. State of Oklahoma and serves as the seat of Texas CountyGR6. The population was 10,472 at the 2000 census. , branch location. The City National Bank of Guymon will purchase the branch. The purchase is expected to be finalized upon receipt of regulatory approval. "We are confident that the new ownership will continue to provide Gold Bank customers the high level of personal service they have come to depend on," said Michael W. Gullion, chairman and chief executive officer of Gold Banc Corp., the bank holding company that owns Gold Bank. "City National Bank of Guymon shares our relationship-oriented style of doing business. We look forward to working with City National to provide a seamless transition for our customers," Gullion said. The deposits of the Guymon Gold Bank branch are approximately $36 million dollars, with total loans of approximately $8 million dollars. Jim Webster, President of the City National Bank of Guymon, commented: "Gold Bank and City National Bank of Guymon share a strong commitment to serving the banking needs of our communities. We are pleased to be able to grow our City National franchise with this established location," "The sale of this branch at this time supports the long-term strategic goals established by our company," said Gullion. "The capital raised from the sale of this branch will be reinvested in the targeted growth areas within our company." Gold Banc Corp. is a $4 billion bank holding company headquartered in Leawood, Kansas Leawood is a city in Johnson County, Kansas, United States and is part of the Kansas City Metropolitan Area. The population was 27,656 at the 2000 census. Geography Leawood is located at (38.920802, -94. . Gold Banc provides commercial banking, wealth management and personal banking services in Kansas, Missouri, Oklahoma and Florida through 61 banking locations. Gold Banc is traded on the NASDAQ under the symbol GLDB. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as described by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements pertain to pertain to verb relate to, concern, refer to, regard, be part of, belong to, apply to, bear on, befit, be relevant to, be appropriate to, appertain to present or future trends affecting the banking industry and the operations, policies markets and practices of Gold Banc. Actual results could differ materially from those projected, and Gold Banc has no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release. |
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