Announcements of Government-Assisted Bank Transactions in 2014
March 16, 2015, 12:00 a.m. EDT 1 Min Read
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Announcements of Government-Assisted Bank Transactions in 2014
Announcements of Government-Assisted Bank Transactions in 2014Dollars in millions | |||||
|---|---|---|---|---|---|
| Buyer | Target name | Date of announcement | Assets sold | Deposits assumed | Franchise Premium/ Deposits (%) |
| Republic Bancorp Co. Ill. | DuPage National Bank Ill. | Jan. 17 | $61,662 | $59,557 | 1.20 |
| BancFirst Corp. Okla. | Bank of Union Okla. | Jan. 24 | 225,500 | 302,000 | 0.00 |
| Sunwest Bank Calif. | Syringa Bank Idaho | Jan. 31 | 153,361 | 145,813 | 0.75 |
| First Choice Bank N.J. | Vantage Point Bank Pa. | Feb. 28 | 63,453 | 62,472 | 1.50 |
| WashingtonFirst Bankshares Inc. Va. | Millennium Bank Va. | Feb. 28 | 130,305 | 121,704 | 1.00 |
| Palmetto State Bankshares Inc. S.C. | Allendale County Bank S.C. | April 25 | 51,459 | 50,955 | 0.00 |
| Republic Bancorp Co. Ill. | AztecAmerica Bank Ill. | May 16 | 58,300 | 65,031 | 1.03 |
| Fidelity Federal Bancorp Ind. | Columbia Savings Bank Ohio | May 23 | 36,484 | 29,538 | 0.00 |
| Bay Bancorp Inc. Md. | Slavie Federal Savings Bank MHC Md. | May 30 | 128,400 | 110,468 | 0.20 |
| Giant Holdings Inc. Fla. | Valley Bank Fla. | June 20 | 81,843 | 66,541 | 0.00 |
| Great Southern Bancorp Inc. Mo. | Valley Bank Ill. | June 20 | 375,400 | 356,573 | 0.00 |
| Grace Investment Co. Inc. Okla. | Freedom State Bank Okla. | June 27 | 17,700 | 20,855 | 1.00 |
| Community & Southern Holdings Inc. Ga. | Eastside Commercial Bank Ga. | July 18 | 104,700 | 161,620 | 0.00 |
| Providence Bank LLC Ill. | GreenChoice Bank FSB Ill. | July 25 | 67,700 | 70,974 | 0.00 |
| Howard Bancorp Inc. Md. | NBRS Financial Bank Md. | Oct. 17 | 145,900 | 143,400 | 1.19 |
| SBT Bancshares Inc. Texas | National Republic Bank of Chicago Ill. | Oct. 24 | 626,100 | 571,475 | 0.00 |
| Bank of Southern California Calif. | Frontier Bank FSB Calif. | Nov. 7 | 80,736 | 76,344 | 1.06 |
| Rivers Ridge Holding Co. Minn. | Northern Star Bank Minn. | Dec. 19 | 18,794 | 18,221 | 0.00 |
Source: KBW Research, SNL Datasource
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