PETERBOROUGH, N.H. - Primary Bank has announced plans to accelerate the disposition of a significant part of its nonperforming assets.

Primary's board has authorized management to add $1.7 million to the allowance for losses and $1.6 million to real estate reserves. The combined reserve of $3.3 million, equal to about $1.64 per share, is expected to reduce yearend results for 1995, according to a press release.

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