BOWLING GREEN, Ohio -- The board of Mid Am Inc. declared a 10% common stock dividend, payable Aug. 14 to shareholders of record July 30, chairman and chief executive Edward J. Reiter announced.

Mid Am, a multibank holding company with $1.2 billion in assets, earned $6.4 million in the first half of 1992 and would add more than $300 million in assets through pending acquisitions. It has about 4,350 shareholders.

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