DAUPHIN DEPOSIT &lt;DAPN> TO ACQUIRE COLONIAL
  Dauphin Deposit Corp said it
  signed a definitive agreement to acquire &lt;Colonial Bancorp
  Inc>.
      The agreement calls for Colonial to be merged into Dauphin
  Deposit Corp, and Colonial's subsidiary, New Holland Farmers
  National Bank, to be merged into Dauphin Deposit Bank and Trust
  Co, the lead bank of Dauphin Deposit Corp, the company said.
      Shareholders of Colonial will receive between 3.6 and 4.4
  shares of Dauphin common stock for each share of Colonial,
  depending on Dauphin's current market value, it said.
      As of Dec 31, 1986, Colonia Bancorp had assets of 150 mln
  dlrs, Dauphin said.
  

