Second Bancorp, Warren, Ohio, has agreed to buy Enfin Inc., Solon, Ohio, for $15.7 million in stock.

Enfin shareholders are to get 0.95 share of Second stock for each share owned. The deal, expected to close in the third quarter, is priced at 3.68 times Enfin's book value.

The acquisition would let Second enter the suburban Cleveland market. Christopher Stanitz, senior vice president and secretary at $913 million- asset Second, said his company was attracted to seven-year-old Enfin because of its emphasis on small-business lending and its location in booming Cuyahoga County.

Enfin's one-office bank, Enterprise Bank, would become a branch of Second's lead bank, Second National Bank of Warren. Enfin has $42 million of assets.

As a Second National branch, Enterprise would expand its product line to include retail services, such as mortgages, insurance, and trust products. R. Corbin Washington, Enterprise's acting president and chief executive officer, would join Second National as vice president, regional manager.

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