Announcements of Government-Assisted Bank Transactions in 2012
February 15, 2013, 3:51 p.m. EST 1 Min Read
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Announcements of Government-Assisted Bank Transactions in 2012
Announcements of Government-Assisted Bank Transactions in 2012Dollars in millions | ||||||
|---|---|---|---|---|---|---|
| Rank | Buyer | Target | Date of announcement | Assets sold | Deposits assumed | Premium / deposits |
| 1 | CenterState Banks Fla. | Central Florida State Bank | Jan. 20 | $67.9 | $65.0 | - |
| 2 | Hamilton State Bancshares Ga. | First State Bank Ga. | Jan. 20 | 515.6 | 483.8 | 0.50% |
| 3 | Capital Bancorp Inc. Md. | American Eagle Savings Bank Pa. | Jan. 20 | 19.6 | 17.7 | - |
| 4 | CenterState Banks Fla. | First Guaranty Bank and Trust Co. of Jacksonville Fla. | Jan. 27 | 377.0 | 352.4 | - |
| 5 | First Resource Bank Minn. | Patriot Bank Minnesota | Jan. 27 | 105.0 | 102.8 | - |
| 6 | Republic Bancorp Inc. Ky. | Tennessee Commerce Bank | Jan. 27 | 948.7 | 947.4 | - |
| 7 | U.S. Bancorp Minn. | BankEast Tenn. | Jan. 27 | 261.9 | 259.6 | - |
| 8 | Wintrust Financial Corp. Ill. | Charter National Bank and Trust Ill. | Feb. 10 | 93.9 | 89.5 | - |
| 9 | First Merchants Corp. Ind. | SCB Bank Ind. | Feb. 10 | 147.7 | 125.7 | - |
| 10 | Ameris Bancorp Ga. | Central Bank of Georgia | Feb. 24 | 273.9 | 261.0 | - |
| 11 | Metro City Bank Ga. | Global Commerce Bank Ga. | March 2 | 79.0 | 116.8 | - |
| 12 | Stearns Financial Services Inc. Minn. | Covenant Bank and Trust Ga. | March 23 | 95.7 | 90.6 | - |
| 13 | IBC Bancorp Inc. Ill. | Premier Bank Ill. | March 23 | 236.1 | 172.7 | - |
| 14 | Huntington Bancshares Inc. Ohio | Fidelity Bank Mich. | March 30 | 800.0 | 747.6 | - |
| 15 | Alma Bank N.Y. | Fort Lee Federal Savings Bank N.J. | April 20 | 15.7 | 50.7 | 1.85 |
| 16 | Pacific Premier Bancorp Calif. | Palm Desert National Bank Calif. | April 27 | 129.6 | 108.9 | - |
| 17 | Southern National Bancorp of Virginia | HarVest Bank of Maryland | April 27 | 164.3 | 145.5 | - |
| 18 | Great Southern Bancorp Inc. Mo. | Inter Savings Bank Minn. | April 27 | 481.6 | 467.0 | - |
| 19 | First Financial Holdings Inc. S.C. | Plantation Federal Bank S.C. | April 27 | 447.4 | 417.8 | - |
| 20 | Banesco USA Fla. | Security Bank Fla. | May 4 | 100.6 | 99.1 | - |
| 21 | Southern States Bancshares Inc. Ala. | Alabama Trust Bank | May 18 | 51.6 | 44.0 | - |
| 22 | Tri-County Financial Group Inc. Ill. | Farmers and Traders State Bank Ill. | June 8 | 43.1 | 42.3 | - |
| 23 | First Community Bancshares Inc. Va. | Waccamaw Bank N.C. | June 8 | 483.2 | 414.1 | - |
| 24 | F&M Bancshares Inc. Okla. | First Capital Bank Okla. | June 8 | 40.4 | 44.8 | 7.65 |
| 25 | BNC Bancorp N.C. | Carolina Federal Savings Bank S.C. | June 8 | 41.0 | 53.0 | - |
| 26 | HCBF Holding Co. Fla. | Putnam State Bank Fla. | June 15 | 169.5 | 160.0 | - |
| 27 | Fidelity Southern Corp. Ga. | Security Exchange Bank Ga. | June 15 | 165.9 | 146.5 | - |
| 28 | Clayton Bancorp Inc Tenn. | Farmers Bank of Lynchburg Tenn. | June 15 | 163.9 | 156.4 | 0.10 |
| 29 | Ameris Bancorp Ga. | Montgomery Bank and Trust Ga. | July 6 | 18.1 | 156.6 | - |
| 30 | RMB Bancshares Inc. Mo. | Glasgow Savings Bank Mo. | July 13 | 24.8 | 24.2 | - |
| 31 | Frst National Bank of the Gulf Coast Fla. | Royal Palm Bank of Florida | July 20 | 78.0 | 77.0 | - |
| 32 | Community and Southern Holdings Inc. Ga. | Georgia Trust Bank | July 20 | 111.5 | 109.3 | 0.50 |
| 33 | Community and Southern Holdings Inc. Ga. | First Cherokee State Bank Ga. | July 20 | 222.7 | 193.3 | 0.50 |
| 34 | Wintrust Financial Corp. Ill. | Second Federal Savings and Loan Association of Chicago | July 20 | 10.0 | 169.0 | 0.06 |
| 35 | Central Banco. Inc. Mo. | Heartland Bank Kan. | July 20 | 96.0 | 89.7 | 1.11 |
| 36 | Stearns Financial Services Inc. Minn. | Jasper Banking Co. Ga. | July 27 | 216.7 | 213.1 | - |
| 37 | First Midwest Bancorp Inc. Ill. | Waukegan Savings Bank Ill. | Aug. 3 | 63.0 | 72.7 | - |
| 38 | Republic Bancorp Inc. Ky. | First Commercial Bank Minn. | Sep. 7 | 214.9 | 196.3 | - |
| 39 | Simmons First National Corp. Ark. | Truman Bank Mo. | Sep. 14 | 219.0 | 228.6 | - |
| 40 | Wintrust Financial Corp. Ill. | First United Bank Ill. | Sep. 28 | 310.0 | 316.0 | 0.60 |
| 41 | SmartFinancial Inc. Tenn. | GulfSouth Private Bank Fla. | Oct. 19 | 119.5 | 151.1 | - |
| 42 | Stearns Financial Services Inc. Minn. | First East Side Savings Bank Fla. | Oct. 19 | 67.1 | 65.9 | - |
| 43 | Simmons First National Corp. Ark. | Excel Bank Mo. | Oct. 19 | 198.0 | 168.6 | - |
| 44 | Home BancShares Inc. Ark. | Heritage Bank of Florida | Nov. 2 | 190.2 | 219.6 | - |
| 45 | Heartland Bancorp Inc. Ill. | Citizens First National Bank Ill. | Nov. 2 | 924.0 | 869.4 | - |
| 46 | CertusHoldings Inc. Ga. | Hometown Community Bank Ga. | Nov. 16 | 124.6 | 108.9 | - |
| 47 | Mid-Missouri Holding Co. | Community Bank of the Ozarks Mo. | Dec. 14 | 42.8 | 41.9 | - |
Source: SNL Financial, Charlottesville, Va.
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