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/FIRST AND FINAL ADD -- NY009 -- MAGNA GROUP EARNINGS/

 MAGNA GROUP, INC.
 COMPARATIVE SELECTED FINANCIAL DATA
 ($'s in thousands, except per share data)
 3 Months Ended June 30
 Pct.
 INCOME STATEMENT DATA 1993 1992 Change
 Net Interest Income $36,304 $36,398 (0.3)
 Provision for Loan Losses 2,532 4,459 (43.2)
 Securities Transactions 2,836 235 1,106.8
 Non-interest Income 9,552 9,145 4.5
 Non-interest Expense 33,732 32,272 4.5
 Income Tax Expense 3,303 1,993 65.7
 Net Income 9,125 7,054 29.4
 COMMON SHARES
 Period End Primary 24,139 19,471 24.0
 Average Fully Diluted 25,254 20,541 22.9
 PER COMMON SHARE
 Fully Diluted Net Income $.37 $.35 5.7
 Book Value 13.76 13.02 5.7
 Tangible Book Value 13.41 12.45 7.7
 Dividends .18 .17 5.9
 ENDING BALANCE SHEET DATA
 Assets $3,568,623 $3,716,936 (4.0)
 Loans, Net of Unearned
 Income 2,223,456 2,366,169 (6.0)
 Securities 995,754 1,010,211 (1.4)
 Earning Assets 3,258,380 3,411,549 (4.5)
 Reserve for Loan Losses 37,345 43,795 (14.7)
 Deposits 3,074,813 3,271,195 (6.0)
 Debt 32,896 76,577 (57.0)
 Stockholders' Equity 332,286 255,578 30.0
 Non-performing Loans 35,154 63,155 (44.3)
 Foreclosed Property 33,227 13,793 140.9
 Non-performing Assets 68,381 76,948 (11.1)
 AVERAGE BALANCE SHEET DATA
 Assets 3,586,781 3,712,014 (3.4)
 Loans, Net of Unearned
 Income 2,228,970 2,385,742 (6.6)
 Securities 1,043,947 995,714 4.8
 Earning Assets 3,307,560 3,448,193 (4.1)
 Deposits 3,088,439 3,272,718 (5.6)
 Debt 32,860 76,581 (57.1)
 Stockholders' Equity 327,994 252,345 30.0
 RATIO ANALYSIS
 Net Interest Margin (Pct) 4.56 4.43
 Non-interest Expense as pct.
 of Average Assets (A) 3.70 3.42
 Net Non-interest Expense as
 pct.of Average Assets (B) 2.63 2.43
 Efficiency Ratio (C) 68.97 68.45
 Return on Average Assets 1.02 .76
 Return on Average Total
 Stockholders' Equity 11.16 11.24
 Non-performing Loan
 Ratio (D) 1.58 2.67
 Non-performing Asset
 Ratio (E) 3.03 3.23
 Loan Reserve as percent of
 Non-performing loans 106.23 69.35
 Net Loan Charge-offs as pct.
 of Average Loans (F) .75 1.40
 Reserve for Loan Losses
 as percent of Loans 1.68 1.85
 Leverage Ratio 9.09 6.17
 6 Months Ended June 30
 Pct.
 INCOME STATEMENT DATA 1993 1992 Change
 Net Interest Income $73,774 $72,119 2.3
 Provision for Loan Losses 6,389 11,340 (43.7)
 Securities Transactions 3,153 235 1,241.7
 Non-interest Income 19,066 18,312 4.1
 Non-interest Expense 65,668 66,454 (1.2)
 Income Tax Expense 6,128 2,159 183.8
 Income Before Change
 in Acct Principle 17,808 10,713 66.2
 Effect of Change in
 Acct Principle 1,915 NM
 Net Income 17,808 12,628 41.0
 COMMON SHARES
 Period End Primary 24,139 19,471 24.0
 Average Fully Diluted 25,243 20,537 22.9
 PER COMMON SHARE
 Fully Diluted Net Income $.72 $.63 14.3
 Book Value 13.76 13.02 5.7
 Tangible Book Value 13.41 12.45 7.7
 Dividends .36 .34 5.9
 AVERAGE BALANCE SHEET DATA
 Assets 3,607,276 3,725,957 (3.2)
 Loans, Net of Unearned
 Income 2,235,515 2,412,139 (7.3)
 Securities 1,058,542 976,127 8.4
 Earning Assets 3,320,217 3,455,806 (3.9)
 Deposits 3,106,509 3,276,149 (5.2)
 Debt 33,412 66,935 (50.1)
 Stockholders' Equity 324,373 252,135 28.7
 RATIO ANALYSIS
 Net Interest Margin (Pct) 4.64 4.39
 Non-interest Expense as pct.
 of Average Assets (A) 3.59 3.48
 Net Non-interest Expense as
 pct.of Average Assets (B) 2.52 2.49
 Efficiency Ratio (C) 67.52 70.86
 Return on Average Assets 1.00 .68
 Return on Average Total
 Stockholders' Equity 11.07 10.07
 Net Loan Charge-offs as pct.
 of Average Loans (F) .65 1.96
 (A) Excludes foreclosed property expense.
 (B) Excludes securities transactions and foreclosed
 property expense.
 (C) Non-interest expense less non-recurring items
 divided by; FTE net interest income plus non-
 interest income less non-recurring items.
 (D) Non-accrual loans, 90+ days past due loans and
 restructured loans to total loans.
 (E) Non-performing loans plus foreclosed property to
 total loans plus foreclosed property.
 (F) Net loan charge-offs annualized.
 NM - Not meaningful.
 LOAN PORTFOLIO MIX AND
 NON-PERFORMING ASSET ANALYSIS
 June 30, 1993
 Loans and Percent
 Foreclosed of
 Property Total
 LOANS:
 Commercial borrowers:
 Commercial,
 financial and
 agricultural $406,210 18.00
 Commercial real estate 762,178 33.78
 Real estate constructio 77,875 3.45
 Total commercial 1,246,263 55.23
 Consumer borrowers:
 1-4 family residential
 real estate 654,118 28.98
 Other consumer
 loans, net of
 unearned income 323,075 14.32
 Total consumer 977,193 43.30
 Restructured loans N/A N/A
 Total loans, net
 of unearned
 income 2,223,456 98.53
 FORECLOSED PROPERTY 33,227 1.47
 Total 2,256,683 100.00
 Nonper- Percent
 forming of
 Assets Total
 LOANS:
 Commercial borrowers:
 Commercial,
 financial and
 agricultural $9,299 13.60
 Commercial real estate 11,194 16.37
 Real estate constructio 1,816 2.66
 Total commercial 22,309 32.63
 Consumer borrowers:
 1-4 family residential
 real estate 9,446 13.81
 Other consumer
 loans, net of
 unearned income 2,386 3.49
 Total consumer 11,832 17.30
 Restructured loans 1,013 1.48
 Total loans, net
 of unearned
 income 35,154 51.41
 FORECLOSED PROPERTY 33,227 48.59
 Total 68,381 100.00
 -0- 7/20/93 AA NY009
 /PRNewswire -- July 20/
 /END FIRST AND FINAL ADD/
 (MAGI)


CO: Magna Group, Inc. ST: Missouri IN: FIN SU: ERN

LG -- NY009A -- 6753 07/20/93 11:20 EDT
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