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MID AM, INC. DECLARES INCREASED QUARTERLY DIVIDEND

 BOWLING GREEN, Ohio, Nov. 19 /PRNewswire/ -- The board of directors of Mid Am, Inc. (NASDAQ: MIAM,MIAMP) declared an increased fourth quarter dividend of $.17 per share payable Dec. 1, 1993 to shareholders of record on Dec. 20, 1993. This is an increase of 6.25 percent over the third quarter dividend.
 On Oct. 13, 1993, the company announced net income of $5.86 million for the third quarter of 1993, an increase of approximately 27.5 percent from the same period of the prior year.
 Mid Am, Inc. affiliates include Mid American National Bank & Trust Company, Toledo and Bowling Green; First National Bank Northwest Ohio, Bryan; American Community Bank, N.A., Lima and Bellefontaine; AmeriFirst Bank, Xenia and Cincinnati; and Mid Am Information Services, Inc., Bowling Green, the company's data processing affiliate.
 -0- 11/19/93
 /CONTACT: W. Granger Souder, senior vice president, general counsel, 419-352-5271; or Dennis L. Nemec, chief financial officer, executive vice president, 419-352-5271, both of Mid Am, Inc./
 (MIAM MIAMP)


CO: Mid Am, Inc. ST: Ohio IN: FIN SU: DIV

BM -- CL013 -- 6505 11/19/93 11:39 EST
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Publication:PR Newswire
Date:Nov 19, 1993
Words:184
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