First|LS of|IN America|NNP Bank|NNP Corp|NNP .|. said|VBD it|PRP completed|VBD its|PRP$ acquisition|NN of|IN Midwest|NNP Financial|NNP Group|NNP Inc.|NN for|IN about|IN $250|NN million|CD .|. 
First|LS of|IN America|NNP ,|, which|WDT now|RB has|VBZ 45|CD banks|NNS and|CC $12.5|NN billion|CD in|IN assets|NNS ,|, announced|VBD an|DT agreement|NN to|TO acquire|VB the|DT Peoria|NNP ,|, Ill|NNP .|. ,|, bank|NN holding|VBG company|NN in|IN January|NNP .|. 

Midwest|NNP Financial|NNP has|VBZ $2.3|NN billion|CD in|IN assets|NNS and|CC eight|CD banks|NNS .|. 
The|DT Midwest|NNP Financial|NNP subsidiary|NN banks|NNS will|MD continue|VB to|TO operate|VB under|IN their|PRP$ current|JJ names|NNS until|IN early|JJ 1990|CD ,|, when|WRB each|DT will|MD adopt|VB the|DT First|CD of|IN America|NNP name|NN .|. 

Kalamazoo|NNP ,|, Mich|NNP .|. -|- based|JJ First|CD of|IN America|NNP said|VBD it|PRP will|MD eliminate|VB the|DT 13|CD management|NN positions|NNS of|IN the|DT former|JJ Midwest|NNP Financial|NNP parent|NN company|NN .|. 
First|LS of|IN America|NNP said|VBD some|DT of|IN the|DT managers|NNS will|MD take|VB other|JJ jobs|NNS with|IN First|CD of|IN America|NNP .|. 
But|CC it|PRP said|VBD that|IN severance|NN payments|NNS to|TO those|DT executives|NNS not|RB staying|VBG with|IN the|DT company|NN will|MD reduce|VB First|CD of|IN America|NNP 's|POS operating|NN results|NNS for|IN 1989|CD by|IN $3|NN million|CD to|TO $4|NN million|CD ,|, or|CC 15|CD cents|NNS to|TO 20|CD cents|NNS a|DT share|NN .|. 

