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Civista Bancshares buying United Community Bancorp in $114.4M deal

Sandusky, Ohio-based Civista Bancshares Inc. is buying Lawrenceburg, Ind.-based United Community Bancorp in a deal valued at approximately $114.4 million.

Under the deal, United Community shareholders will receive 1.027 shares of Civista common stock and $2.54 in cash for each share held.

Details to follow.