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MID AM RECEIVES REGULATORY APPROVAL, SCHEDULES CLOSING

 MID AM RECEIVES REGULATORY APPROVAL, SCHEDULES CLOSING
 BOWLING GREEN, Ohio, June 19 /PRNewswire/ -- Mid Am, Inc. (NASDAQ:


MIAM) announced today that it has scheduled the closing of its acquisition of four offices of Society Bank & Trust for September 21, 1992. As previously announced, certain assets and the deposit liabilities of the Society branches located in Montpelier, Liberty Center and Napoleon, Ohio, will be acquired by First National Bank Northwest Ohio, Mid Am, Inc.'s Bryan, Ohio affiliate. The transaction received the approval of regulatory authorities on June 4, 1992.
 "First National currently has the largest market share in Williams County, and after the closing, will have one of the largest market shares in Henry County," stated James F. Burwell, president and chief executive officer of First National Bank. All of the Society employees at these locations will become employees of First National Bank. The purchase includes the buildings housing these banking operations, with the exception of the Napoleon office located at 123 West Washington Street. This office will be combined with First National's banking center located at 202 West Clinton Street.
 After closing, First National will have 18 offices in five counties, and Mid Am, Inc. will have 56 banking centers in 12 counties throughout Northwest and West Central Ohio.
 Other Mid Am, Inc. affiliates include Mid American National Bank and Trust Company, Bowling Green; the Farmers Banking Company, N.A., Lakeview; and The Citizens Loan and Building Company, Lima. Mid Am, Inc. has also agreed to acquire Ultra Bancorp, a federal savings bank headquartered in Xenia, Ohio.
 -0- 6/19/92
 /CONTACT: James F. Burwell, president and CEO, First National Bank Northwest Ohio, 419-636-1164/
 (MIAM) CO: Mid Am, Inc. ST: Ohio IN: FIN SU: TNM


BM -- CL012 -- 2085 06/19/92 17:00 EDT
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Publication:PR Newswire
Date:Jun 19, 1992
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