Two local Bancorps set to merge.

• Position: Lewiston State Bank - People's Utah Bancorp - Brief article

Lewiston & American--PEOPLE'S UTAH BANCORP and LEWISTON BANCORP announced the companies will merge their holding companies and operate their bank subsidiaries, Bank of American Fork and Lewiston State Bank, under People's Utah Bancorp.

At the end of March 2013, People's Utah Bancorp had approximately 305 employees and $949 million in assets. Lewiston had approximately 90 employees and $252 million in assets. The combined holding company will have approximately $1.2 billion in assets. Bank of American Fork, with 14 locations in Utah, and Lewiston State Bank, with four locations in Utah and Idaho, will continue to operate under their respective names.

"Between our two banks there are more than 200 years of combined banking experience. The community values and traditions that both banks share will make this partnership work for the organizations, employees, customers and...