First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Guernsey Bancorp in Worthington, Ohio.

The $6.5 billion-asset First Financial will pay $13.5 million in cash for Guernsey. First Financial will also transfer a single bank-owned property with a $1 million book value to Guernsey's sold shareholder. First Financial expects to complete the acquisition in the second half of this year.

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