U.S. Bancorp's Pacific StateBank of Lincoln City said it plans to merge with U.S. Bancorp's
U.S. National Bank of Oregon.
    Under the pact, Pacific State will become part of the U.S.
Bank branch system.
    The company said the merger is expected to be completed
after mid-year, following regulatory approval.
    All local staff and management will remain the same, it
said.
 Reuter
