EAGLE, Neb. (AP) — Eagle State Bank in eastern Nebraska is being sold.

The Lincoln Journal Star says (http://bit.ly/Pu0WWf ) Eagle Bancshares Inc. announced Thursday that it was buying the bank from Eagle Capital Co.

The sale is subject to regulatory approval. The terms are not being disclosed, and the deal is expected to close by the end of March.

Eagle Bancshares President Dave Christensen says the bank would remain headquartered in Eagle.

Christensen says he and two of the three other investors in Eagle Bancshares own Brunswick State Bank in Brunswick and Tri Valley Bank in Talmage.

The Federal Deposit Insurance Corp. said Eagle State Bank had $15.7 million in assets as of Sept. 30.

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Information from: Lincoln Journal Star, http://www.journalstar.com