MainSource Financial Group of Greensburg, Ind., has agreed to buy five Indiana branches from First Financial Bancorp of Hamilton, Ohio.
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The price was not disclosed. The deal, announced Tuesday, would give the $1.9 billion-asset MainSource its first branch in Union County and more branches in Jefferson and Switzerland counties, where it already has nine in all.
First Financial, which has $3.7 billion of assets, is selling the branches as part of a broad restructuring. The five branches have $30 million of loans and $56 million of deposits.
The deal is expected to close in the third quarter.
