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COMERICA COMPLETES SUGAR CREEK NATIONAL BANK ACQUISITION

 DETROIT, Feb. 25 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced it has completed the acquisition of Sugar Creek National Bank in Sugar Land, Texas, for approximately $27.5 million of Comerica common stock.
 The $200-million-asset bank is located near Houston and is expected to be merged into Comerica Bank-Texas later this year. Comerica Bank- Texas currently operates 28 branches in Dallas/Fort Worth. It will add more than 20 branches in Dallas, Houston, Austin and San Antonio once the merger of Hibernia National Bank in Texas and the pending acquisition of NorthPark National Bank are completed later this year.
 The transaction was accounted for as a pooling-of-interests. Sugar Creek shareholders received 5.6 shares of Comerica stock for each share of Sugar Creek stock.
 Comerica Incorporated reported assets of approximately $27 billion at Dec. 31, 1992. In addition to Texas, Comerica Incorporated operates banks in Michigan, Illinois, California and Florida.
 -0- 2/25/93
 /CONTACT: (Media) Sharon R. McMurray, 313-222-4881, or Kathleen A. Pitton, 313-222-4916, or (Investors) Leonard B. Carleton, 313-222-4940, or Judith V. Hicks, 313-222-6317, all of Comerica/
 (CMA)


CO: Comerica Incorporated; Sugar Creek National Bank ST: Michigan, Texas IN: FIN SU: TNM

DH -- DE016 -- 0412 02/25/93 13:10 EST
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Publication:PR Newswire
Date:Feb 25, 1993
Words:203
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