FIRST COMMERCIAL &lt;FCOB.O> TO ACQUIRE CITIZENS BANK
  First Commercial Bancorp said it will
  acquire the three-branch Citizens Bank of Roseville in a stock
  swap.
      The value of the agreement will be based on Citizens'
  adjusted book value at year end and the trading price of First
  Commercial's stock.
      Citizens' book value was about 1.9 mln dlrs at the end of
  the third quarter, according to the bank's counsel, Guy Gibson.
  Under the agreement, Citizens shareholders could also trade
  their stock for a five-year debenture issued by First
  Commercial. Terms of the debenture have not been established.
  

