RTC sells off four TransOhio branches.

WARREN, Ohio - Second Bancorp said that its banking subsidiary, Second National Bank of Warren, has acquired four former TransOhio Federal Savings Bank branches in Ravenna, Streetsboro, Garrettsville, and Brimfield, Ohio, from the Resolution Trust Corp.

In the deposit-only transaction, $696 million-asset Second National paid a $2.7 million premium on the acquired deposit base of about $58 million and was granted options to purchase certain real estate associated with the acquired branches over the next several months.

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