LOUISVILLE, Ky. - Earnings per share at Mid-America Bancorp increased 8.4% in 1994, and 22% in the fourth quarter.

The company, whose principal subsidiary is the Bank of Louisville, earned $12.6 million for the year, or $1.42 per share. For the fourth quarter, net income was $4 million, compared with $3.2 million in the year- earlier period.

Total assets were $1.2 billion as of Dec. 31.

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