F.N.B. Corp. in Hermitage, Pa., announced this week that it would consolidate seven banks under two charters to streamline operations.

The $4 billion-asset company expects to reduce its 1,790-person work force by about 4%.

F.N.B.’s two banks in Pennsylvania would operate under the charter of First National Bank of Pennsylvania, and its five Florida banks under First National Bank of Florida’s charter. The company’s two Ohio banks have already merged under one charter.

Individual branches would continue to operate under their present names and management teams, said president and chief executive officer Gary L. Tice.

The consolidation, expected to be completed this quarter, would enable F.N.B. to eliminate operational redundancies, integrate similar deposit and lending programs, and reduce charter fees, Mr. Tice said. The company also hopes to improve its efficiency ratio and its return on average shareholders’ equity, he said.

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