Pennsylvania's BT Financial Corp. hopes to pump up both its bottom line and stock price by reducing the size of its 62-branch network.

The $1.1 billion-asset BT should be trading at about $32 per share, or about 11 times earnings, instead of at its current $27.50 a share, said chairman and chief executive John H. Anderson. At that level, the stock would be trading in line with its peer group.

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