Two Atlanta-area banking companies, First Sterling Banks Inc. of Kennesaw, Ga., and Main Street Banks Inc. of Covington, plan to combine as a $900 million-asset company.Their merger-of-equals deal was announced Wednesday and is expected to close in June. First Sterling would exchange 1.01 of its shares for each share of privately held Main Street, in a transaction worth about $91.2 million.

Main Street shareholders would own 63% of the new company, which would use the First Sterling name and be based in its hometown.

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