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FOURTH FINANCIAL CORP. COMPLETES THE PURCHASE OF WESTERN NATIONAL BANK

 WICHITA, Kan., Dec. 3 /PRNewswire/ -- Fourth Financial Corp. (NASDAQ-NMS: FRTH), parent of BANK IV Kansas, N.A., and BANK IV Oklahoma, N.A., today announced it has completed the acquisition of Western National Bancorporation, Inc., the bank holding company for Western National Bank in Tulsa. As announced on June 4, Fourth Financial will exchange 1.22 million shares of its common stock in exchange for all of the stock of Western National Bancorporation and Western National Bank. The transaction will be accounted for as a pooling of interests. Western National Bank, with assets of $206 million and deposits of $188 million at the time of the closing, has been merged into BANK IV Oklahoma.
 "With the acquisition of Western National Bank, BANK IV Oklahoma solidifies its position as the major middle market commercial lender in the Tulsa area," said Fourth Financial Chairman and Chief Executive Officer Darrell G. Knudson. "Since our entry into Oklahoma one year ago, BANK IV has become one of the leading banks in Tulsa, and we welcome Western National's customers to the BANK IV family."
 BANK IV Oklahoma is owned and operated by Fourth Financial Corp., a $6.7 billion bank holding company. BANK IV Oklahoma serves customers from 35 offices in seven communities. The bank has assets of $1.8 billion. Three additional acquisitions are pending in Oklahoma. They include Equity Bank for Savings in Oklahoma City, which currently has assets of $515 million; the $117 million Security Bank & Trust Company of Ponca City; and the $42 million Metro Bank of Broken Arrow. After all three acquisitions are completed, BANK IV Oklahoma will have assets of $2.3 billion.
 Fourth Financial's common and preferred stocks are traded on the NASDAQ over-the-counter market under the symbols "FRTH" and "FRTHZ," respectively.
 -0- 12/3/93
 /CONTACT: Investors: Michael J. Shonka, chief financial officer, 316-261-4510; or Media: Bernie McLaughlin, vice president marketing, 316-261-2095, both of Fourth Financial Corp; or Media: Ed Keller, chairman of BANK IV Oklahoma, 918-591-8448/
 (FRTH)


CO: Fourth Financial Corp.; Western National Bancorporation; Western
 National Bank ST: Kansas; Oklahoma IN: FIN SU: TNM


PS -- NY071 -- 0406 12/03/93 17:16 EST
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Publication:PR Newswire
Date:Dec 3, 1993
Words:357
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