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FIRST SECURITY BANK OF IDAHO, FIRST NATIONAL BANK OF NORTH IDAHO ANNOUNCE COMPLETION OF MERGER

 FIRST SECURITY BANK OF IDAHO, FIRST NATIONAL BANK
 OF NORTH IDAHO ANNOUNCE COMPLETION OF MERGER
 COEUR D'ALENE, Idaho, Jan. 24 /PRNewswire/ -- First Security Corp. (NASDAQ: FSCO) today announced that the merger of The First National Bank of North Idaho (FNB) into First Security Bank of Idaho, N.A., was completed at the close of business on Friday, Jan. 24, following approval of the shareholders of both institutions and all regulatory agencies.
 The merger brings the number of First Security full-service banking offices throughout Idaho to 87 and adds $163 million in assets and $144 million in deposits to First Security's balance sheet.
 FNB shareholders will receive 0.69236 of a share of First Security Corp. common stock for each share held of FNB outstanding at the close of the merger. The transaction is valued at more than $20 million based on the current market value of First Security common stock, which is traded on the Over-the-Counter market under the symbol "FSCO."
 "FNB has established a solid banking tradition over the years with the outstanding professionalism of its officers and employees," said J. Pat McMurray, president and chief executive officer of First Security Bank of Idaho. "We are looking forward to continuing that tradition and expanding product lines and services to our new customers from FNB."
 According to Bob Mink, First Security senior vice president and northern division manager, both the former FNB office located at Third and Sherman and First Security's office located at First and Sherman will continue to remain open. As a result, former FNB customers in Coeur d'Alene will now be served by three First Security offices, including the new Ironwood Plaza office at Ironwood Dr. and U.S. Highway 95 which is scheduled to be open Feb. 10. The two downtown offices will house First Security's specialized centers for commercial, consumer and mortgage loans.
 "By operating three branches in Coeur d'Alene, we will be able to better serve the needs of our customers and the community," said Mink. "This addition will make banking much more convenient for both our existing First Security customers and our new customers from FNB."
 Craig Burkhart, manager of the former FNB branch in Coeur d'Alene, will continue as manager. Wayne Schneider, First Security's area manager, will supervise the banking activities and branches in the Coeur d'Alene area. Plans for branches in the surrounding communities will be announced shortly.
 First Security Bank of Idaho's 87 offices serve 54 communities statewide. The bank has total assets of $2.7 billion. Its parent company, First Security Corp. operates four banks with 202 offices in 119 communities in Idaho, Utah, Oregon and Wyoming. With assets of $7.0 billion, First Security Corp. is the largest banking and financial services company headquartered in the Intermountain West. It is the oldest multistate bank holding company in the United States.
 -0- 1/24/92
 /CONTACT: Bob Mink of First Security, 208-799-6288 or 208-667-2411/
 (FSCO) CO: First Security Corp.; First Security Bank of Idaho; The First
 Security Bank of North Idaho ST: Utah, Idaho IN: FIN SU: TNM


BB -- DV005 -- 3296 01/24/92 17:16 EST
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Date:Jan 24, 1992
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