FSB Spearman to merge with Bank of the Panhandle.

FSB Spearman, a banking company, agreed to merge with Bank of the Panhandle, a community bank. Financial terms were not disclosed. “Working in Guymon and serving on the board in Spearman gave us the opportunity to determine what worked best between the locations. Whenever I believed First National had a better process than ours, I adopted it. They did the same—so we’ve been aligning policies and procedures for 17 years,” Steve Baggerly, Bank of the Panhandle Chairman.