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FOURTH FINANCIAL CORP. TO BUY OKLAHOMA'S COMMERCIAL LANDMARK CORP.; RONALD BALDWIN ELECTED PRESIDENT OF BANK IV OKLAHOMA TO LEAD EXPANSION

 WICHITA, Kan., Feb. 17 /PRNewswire/ -- Fourth Financial Corp. (NASDAQ-NMS: FRTH) today announced plans for another major Oklahoma acquisition -- a merger that would make its BANK IV Oklahoma, N.A. subsidiary one of the leading banking firms in the Sooner state. Additionally, Fourth Financial Executive Vice President Ronald L. Baldwin was elected president of BANK IV Oklahoma to manage its expansion. Baldwin played a critical role in Fourth Financial's acquisition program during the past several years.
 The BANK IV holding company has executed a letter of intent to buy Commercial Landmark, Inc., an Oklahoma bank holding company with assets of $456.2 million and deposits of $418.0 million. Commercial Landmark owns four banks located in Muskogee, Tahlequah, Tulsa and Fort Gibson. Completion of this and other pending acquisitions would give BANK IV Oklahoma $1.6 billion in assets and 27 full-service locations in the state.
 "As evidenced by today's announcements, BANK IV is serious about being one of the leading banks serving Oklahoma," said Fourth Financial Chairman Darrell Kundson. "The Commercial Landmark agreement will give BANK IV a stronger market position in Tulsa and allow the company to further strengthen its community banking franchise. Additionally, Ron Baldwin has been instrumental in more than 40 acquisitions for Fourth Financial in Oklahoma and Kansas so his presence in Oklahoma is critical to fulfilling our vision of being the leading bank in the state."
 Fourth Financial will exchange shares of its stock in exchange for all the shares of Commercial Landmark Corp. This transaction, when finalized, will be accounted for as a pooling of interests. The four banks included in the transaction are the $224.2 million Commercial Bank & Trust Co. of Muskogee, the $139.6 million First Bank & Trust Co. of Tahlelquah, the $78.0 million Commercial Bank & Trust Co. of Tulsa and the $18.1 million First Bank & Trust co. of Fort Gibson.
 "The banks associated with Commercial Landmark will be an integral part of our expanding Oklahoma franchise," said BANK IV Oklahoma Chairman and CEO Ed Keller. "We are assembling a strong team of bankers which collectively will be a leading force in Oklahoma banking."
 The board of directors of BANK IV Oklahoma, N.A. have elected Ronald L. Baldwin president of the bank. Baldwin, 39, executive vice president for Fourth Financial Corp., became president of the organization effective Feb. 16. He has overall responsibility for making acquisitions in Oklahoma and will manage the BANK IV Oklahoma markets outside Tulsa.
 According to Keller, "Ron will be an outstanding addition to our management team. We are pleased that he has accepted this position and will lead our acquisition program as well as our growing community banking network."
 In 1984, Baldwin was named executive vice president for Fourth Financial, the BANK IV holding company. In that position, he was responsible for managing acquisitions, strategic planning, human resources, investments, finance, auditing, operations and data processing, bank properties and legal/public affairs. From 1983 to 1987 he was responsible for managing BANK IV's community banks throughout the state of Kansas. Baldwin, a certified public accountant, began his career with Fourth Financial in May 1972 and has worked in various executive capacities with the company including treasurer and chief financial officer.
 The Baxter Springs, Kan., native earned his bachelor's degree from The Wichita State University where he also served for five years as an adjunct instructor. He has been an active leader with his alma mater and in the civic and business community as well as his church. Baldwin is a director of St. Francis Regional Medical Center and The Wichita State University Endowment Association. He and his wife Cindy, who have two children, will be relocating to Tulsa this summer.
 BANK IV Oklahoma, N.A. began serving the state in December 1992 upon the acquisition of the Fourth National Bank, Southern National Bank and nine Tulsa branches of Sooner Federal. After the acquisitions of the Commercial Bank & Trust Company of Tulsa and the previously announced Guaranty Bank & Trust of Tulsa, BANK IV will be the second largest institution serving the Tulsa market with assets in excess of $1 billion and 18 full-service locations. With the remaining three Commercial Landmark banks and other pending acquisitions in Oklahoma City, Woodward and Waukomis, the bank will grow to assets of $1.6 billion and 27 locations serving seven communities.
 Fourth Financial Corp. is a Wichita-based holding company with consolidated assets of $5.6 billion. The company currently operates 78 offices in 31 Kansas communities through its BANK IV Kansas subsidiary, and 16 offices in Tulsa through its BANK IV Oklahoma subsidiary. The BANK IV banks provide a full line of banking and financial services for consumers, small businesses and mid-to-large-sized companies. Fourth Financial's common stock and depositary shares are traded on the NASDAQ national market system under the symbols FRTH and FRTHZ, respectively.
 -0- 02/17/93
 /CONTACT: Michael Shonka, CFO, 316-261-4510, or Brent Thompson, Sr. VP/Marketing, 316-261-4403 (media), both of Fourth Financial; or Ed Keller, chairman and CEO, or Ronald Baldwin, president of BANK IV Oklahoma, 918-591-8448/
 (FRTH)


CO: Fourth Financial Corp. ST: Kansas IN: FIN SU: TNM

AH -- NY059 -- 7302 02/17/93 11:48 EST
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Date:Feb 17, 1993
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