NB&T says to sell branch, $48 mln in securities


NEW YORK, July 26 (Reuters) - NB&T Financial Group Inc. , which owns an Ohio bank, said on Wednesday it has agreed to sell a branch and $48 million in securities as part of a restructuring aimed at reducing exposure to interest rate risk. NB&T also said it would stop originating indirect automobile loans, effective Aug. 1. NB&T is selling the branch, in Ada, Ohio, to Liberty National Bank in the same town, the bank said.

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