Bancshares of Muskogee for about $55 million in stock. First Bancshares has $246 million of assets, $225 million of deposits, and $92 million in loans. The privately held company expects to earn $5.2 million before taxes in 1998, said chief executive officer Michael Leonard. The deal would make $6.4 billion-asset BOK the largest bank in Muskogee, with 20% of the deposits. First Bancshares, with three bank offices, is primarily a retail and small- to midsize business lender. -Brett Chase
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