Bank and Thrift Branch Deals Announced in 2012
February 15, 2013, 1:56 p.m. EST 1 Min Read
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Bank and Thrift Branch Deals Announced in 2012
Bank and Thrift Branch Deals Announced in 2012Dollars in millions | |||||||
|---|---|---|---|---|---|---|---|
| Rank | Buyer | Target name | Date of announcement | Deal status | Branches | Premium / deposits | |
| Number sold | Deposit sold | ||||||
| 1 | Central Bancshares Inc. Iowa | Associated Banc-Corp Wis. | Jan. 5 | Completed; May 18 | 2 | $66.0 | 6.25% |
| 2 | Banesco USA Fla. | Great Florida Bank | Jan. 6 | Completed; May 11 | 1 | 15.7 | NA |
| 3 | KeyCorp Ohio | First Niagara Financial Group Inc. N.Y. | Jan. 11 | Completed; July 13 | 37 | 2,500.0 | 4.60 |
| 4 | Wintrust Financial Corp. Ill. | Suburban Illinois Bancorp Inc. | Jan. 13 | Completed; April 13 | 1 | 50.0 | 3.60 |
| 5 | Pecos County Bancshares Inc. Texas | Western Bancshares Inc. Texas | Jan. 17 | Completed; June 22 | 1 | 18.7 | 3.00 |
| 6 | Community Bank System Inc. N.Y. | First Niagara Financial Group Inc. N.Y. | Jan. 19 | Completed; Sep. 7 | 19 | 955.0 | 3.22 |
| 7 | Financial Institutions Inc. N.Y. | First Niagara Financial Group Inc. N.Y. | Jan. 19 | Completed; Aug. 17 | 8 | 375.8 | 4.00 |
| 8 | Town and Country Financial Corp. Ill. | Associated Banc-Corp Wis. | Jan. 24 | Completed; May 18 | 1 | 61.0 | 4.81 |
| 9 | Undisclosed buyer | First Banks Inc. Mo. | Jan. 25 | Terminated; April 4 | 19 | 345.9 | 2.30 |
| 10 | Premara Financial Inc. D.C. | Palmetto Bancshares Inc. S.C. | Jan. 27 | Completed; July 1 | 2 | 47.8 | 1.75 |
| 11 | Earlham Savings Bank Iowa | Liberty Banshares Iowa Inc. | Feb. 8 | Completed; April 14 | 1 | 13.1 | NA |
| 12 | First Savings Financial Group Inc. Ind. | First Financial Service Corp. Ky. | Feb. 8 | Completed; July 6 | 4 | 117.2 | 3.65 |
| 13 | CapStar Bank Tenn. | Community First Inc. Tenn. | Feb. 9 | Terminated; June 19 | 1 | 58.0 | 4.00 |
| 14 | Oconomowoc Bancshares Inc. Wis. | Equitable Bank SSB Wis. | Feb. 15 | Completed; June 15 | 2 | 53.7 | NA |
| 15 | Ames National Corp. Iowa | Liberty Banshares Iowa Inc. | Feb. 16 | Completed; April 27 | 2 | 94.0 | 5.74 |
| 16 | HCBF Holding Co. Inc. Fla. | Grand Bankshares Inc. Fla. | Feb. 17 | Completed; Sep. 14 | 4 | 52.0 | 0.00 |
| 17 | Western State Agency Inc. N.D. | Zions Bancorp. Utah | Feb. 22 | Completed; June 8 | 1 | 7.4 | NA |
| 18 | People's United Financial Inc. Conn. | Citizens Financial Group Inc. R.I. | Feb. 27 | Completed; June 22 | 56 | 325.0 | 1.00 |
| 19 | Northwoods Credit Union Minn. | North Shore Financial Corp. Minn. | Feb. 28 | Completed; July 20 | 1 | 6.8 | NA |
| 20 | Pioneer Bancorp Inc. N.M. | Washington Federal Inc. | March 2 | Completed; June 22 | 2 | 20.0 | NA |
| 21 | GNB Bancorp. Iowa | Liberty Banshares Iowa Inc. | March 16 | Completed; May 4 | 1 | 31.0 | NA |
| 22 | Pacific Crest Federal Credit Union Ore. | PremierWest Bancorp Ore. | March 16 | Completed; June 29 | 2 | 16.1 | NA |
| 23 | Flint Hills Bank Kan. | Burlingame Bankshares Inc. Kan. | March 19 | Completed; July 1 | 1 | 24.5 | NA |
| 24 | Cache Valley Banking Co. Utah | Village Bancorp Utah | March 20 | Completed; May 23 | 3 | 69.6 | 5.00 |
| 25 | Drayton Bancor Inc. N.D. | Pembina County Bankshares Ltd. N.D. | March 27 | Completed; June 4 | 2 | 32.8 | NA |
| 26 | Farmers State Bancshares Inc. Iowa | Bank of America Corp. N.C. | March 27 | Completed; Sep. 7 | 1 | 21.5 | NA |
| 27 | Midwest Bancorp. Inc. Minn. | First National Financial Services Inc. Minn. | March 28 | Completed; July 20 | 1 | 58.5 | NA |
| 28 | Decatur Investment Inc. Kan. | First National Bancshares Inc. Kan. | March 30 | Completed; Nov. 16 | 3 | 72.3 | NA |
| 29 | DNB Financial Corp. Pa. | Capital Bancorp Inc. Md. | April 2 | Completed; June 11 | 1 | 17.0 | 0.82 |
| 30 | Heritage Financial Group Inc. Ga. | Community Capital Bancshares Inc. Ga. | April 6 | Completed; June 29 | 1 | 20.0 | 1.00 |
| 31 | Life Design Holding Co. Mass. | People's United Financial Inc. Conn. | April 12 | Completed; May 25 | 1 | 13.4 | 2.40 |
| 32 | Banesco USA Fla. | Flagler Bank Fla. | April 13 | Completed; Sep. 20 | 1 | 18.7 | 0.25 |
| 33 | Genbeach Co. Inc. Ky. | First Farmers Bank Holding Co. Ky. | April 19 | Terminated; June 30 | 1 | 18.3 | NA |
| 34 | Camden National Corp. Maine | Bank of America Corp. N.C. | April 23 | Completed; Oct. 26 | 15 | 414.0 | 3.71 |
| 35 | Northwest Financial Corp. Iowa | Bank of America Corp. N.C. | April 23 | Completed; Sep. 21 | 1 | 15.6 | NA |
| 36 | Northwest Financial Corp. Iowa | Bank of America Corp. N.C. | April 23 | Completed; Sep. 21 | 4 | 85.1 | NA |
| 37 | Flint Hills Bancshares Inc. Kan. | Marion Bancshares Inc. Kan. | April 25 | Completed; July 6 | 1 | 3.4 | NA |
| 38 | BNC Bancorp N.C. | Hampton Roads Bankshares Inc. Va. | April 27 | Completed; Sep. 21 | 2 | 48.2 | 1.14 |
| 39 | Bryn Mawr Bank Corp. Pa. | First Bank of Delaware | April 27 | Completed; Nov. 16 | 1 | 100.0 | 1.00 |
| 40 | First Bancorp N.C. | Hampton Roads Bankshares Inc. Va. | April 27 | Completed; Aug. 24 | 1 | 17.9 | 1.00 |
| 41 | Heartland Financial USA Inc. Iowa | Liberty Banshares Iowa Inc. | May 2 | Completed; July 13 | 3 | 55.0 | NA |
| 42 | Bedison Bancshares Inc. Mo. | UMB Financial Corp. Mo. | May 10 | Completed; Oct. 19 | 1 | 17.0 | NA |
| 43 | First Security Inc. Ky. | First Financial Service Corp. Ky. | May 15 | Terminated; Nov. 14 | 4 | 188.2 | 1.54 |
| 44 | Chemical Financial Corp. Mich. | Independent Bank Corp. Mich. | May 23 | Completed; Dec. 7 | 21 | 408.6 | 2.89 |
| 45 | Moscow Bancshares Inc. Tenn. | Merchants & Planters Bancshares Inc. Tenn. | May 24 | Completed; Nov. 9 | 1 | 4.3 | 0.00 |
| 46 | Evolve Financial Group Inc. Tenn. | Farmers Bancorp Inc. Tenn. | June 4 | Terminated; June 15 | 1 | 59.3 | NA |
| 47 | Goldthwaite Bancshares Inc. Texas | First Baird Bancshares Inc. Texas | June 11 | Completed; Sep. 20 | 1 | 9.4 | NA |
| 48 | M.S.B. Bancorp. Inc. Wis. | Baylake Corp. Wis. | June 13 | Completed; Sep. 7 | 4 | 69.2 | 1.19 |
| 49 | Western Investment Group LLC Neb. | Premier Bank Neb. | June 14 | Completed; Sep. 13 | 1 | 17.4 | NA |
| 50 | SJN Banc Co Kan. | UMB Financial Corp. Mo. | June 22 | Completed; Dec. 14 | 1 | 9.5 | 1.77 |
| 51 | Central Texas Financial Corp. | Independent Bank Group Inc. Texas | June 29 | Completed; Sep. 28 | 1 | 21.5 | NA |
| 52 | Eagle Bancorp Montana Inc. | Sterling Financial Corp. Wash. | June 29 | Completed; Nov. 30 | 7 | 187.0 | 3.88 |
| 53 | First Bancorp Inc. Maine | Camden National Corp. Maine | June 29 | Completed; Oct. 26 | 1 | 45.0 | NA |
| 54 | State Capital Corp. Miss. | SunSouth Bancshares Inc. Ala. | June 29 | Completed; Sep. 21 | 1 | 18.9 | 3.00 |
| 55 | Opus Bank Calif. | PacWest Bancorp Calif. | July 6 | Completed; Sep. 21 | 10 | 143.0 | 2.50 |
| 56 | First Bank Texas | JLL Associates GP FHC LLC N.Y. | July 17 | Completed; Oct. 26 | 1 | 8.1 | NA |
| 57 | Apple Financial Holdings Inc. N.Y. | New York Private Bank and Trust Corp. | July 20 | Pending | 30 | 3,300.0 | NA |
| 58 | Bancorp of Okolona Inc. Miss. | OmniBank Miss. | July 27 | Pending | 1 | 20.1 | 1.00 |
| 59 | East River Bank Pa. | Tompkins Financial Corp. N.Y. | July 27 | Completed; Oct. 9 | 1 | 5.5 | NA |
| 60 | Urban Partnership Bank Ill. | Northern Trust Corp. Ill. | July 31 | Completed; Dec. 7 | 1 | 45.0 | NA |
| 61 | Mid-America Bankshares Inc. Kan. | Garnett Bancshares Inc. Kan. | Aug. 3 | Completed; Nov. 30 | 1 | 5.0 | NA |
| 62 | Peoples Holding Co. Inc. Ohio | Mercer Savings Bank Ohio | Aug. 3 | Pending | 2 | 15.3 | 1.62 |
| 63 | Everest Bancshares Inc. Kan. | Morrill Bancshares Inc. Kan. | Aug. 6 | Pending | 2 | 31.5 | NA |
| 64 | General Bancshares Inc. Tenn. | Commerce Bancshares Inc. Tenn. | Aug. 9 | Completed; Nov. 9 | 4 | 48.0 | 3.00 |
| 65 | First Eldorado Bancshares Inc. Ill. | Old National Bancorp Ind. | Aug. 14 | Pending | 2 | 46.3 | 1.11 |
| 66 | Hardin County Bancorp, Inc Ill. | Old National Bancorp Ind. | Aug. 14 | Pending | 2 | 33.5 | 0.30 |
| 67 | Planters Financial Group Inc. Tenn. | Old National Bancorp Ind. | Aug. 14 | Pending | 6 | 96.0 | 2.53 |
| 68 | Bancshares of Missouri Inc. | Northland National Bank Mo. | Aug. 15 | Pending | 2 | 34.2 | NA |
| 69 | Old Florida Bancshares Inc. | Floridian Financial Group Inc. Fla. | Aug. 17 | Pending | 1 | 43.6 | 0.00 |
| 70 | Town and Country Bancshares LLC Okla. | First Commercial Bancshares Inc. Okla. | Aug. 20 | Pending | 1 | 13.0 | NA |
| 71 | Miles Bancshares Inc. Mo. | Montgomery Bancorp. Inc. Mo. | Aug. 24 | Pending | 1 | 24.4 | NA |
| 72 | MainSource Financial Group Inc. Ind. | American Founders Bancorp Inc. Ky. | Aug. 28 | Completed; Dec. 11 | 1 | 35.0 | 4.00 |
| 73 | Sagebrush Partners LLLP Colo. | Western Community Bancshares Inc. Utah | Aug. 28 | Completed; Dec. 7 | 1 | 35.0 | 2.00 |
| 74 | Tristar Bancshares Inc. Tenn. | Tennessee Central Bancshares Inc. | Aug. 31 | Completed; Nov. 20 | 2 | 60.1 | NA |
| 75 | FirstAtlantic Financial Holdings Inc. Fla. | Prosperity Banking Co. Fla. | Sep. 6 | Completed; Dec. 7 | 1 | 16.8 | NA |
| 76 | Liberty Financial Services of St. Cloud Inc. Minn. | Wabasso Bancshares Inc. Minn. | Sep. 7 | Completed; Nov. 30 | 1 | 5.3 | NA |
| 77 | Ovation Holdings Inc. Fla. | Liberty Banshares Iowa Inc. | Sep. 10 | Pending | 2 | 80.0 | 1.34 |
| 78 | Forward Mutual Holding Co. Wis. | Central Wisconsin Bancorp. Inc. | Sep. 14 | Pending | 3 | NA | NA |
| 79 | First Citizens Bancshares Inc. Tenn. | Community First Inc. Tenn. | Sep. 17 | Completed; Dec. 7 | 1 | 56.0 | 4.00 |
| 80 | Fidelity BancShares N.C. Inc. | Security Savings Bank SSB N.C. | Sep. 27 | Pending | 1 | 28.3 | NA |
| 81 | Heritage Oaks Bancorp Calif. | Coast Bancorp Calif. | Sep. 27 | Completed; Dec. 28 | 1 | 32.5 | 2.20 |
| 82 | TexStar Bancshares Inc. | Atascosa National Bank Texas | Oct. 5 | Pending | 1 | 14.7 | NA |
| 83 | PBT Bancshares Inc. Kan. | Citizens National Corp. Neb. | Oct. 23 | Pending | 1 | 9.2 | NA |
| 84 | Community and Southern Holdings Inc. Ga. | Ameris Bancorp Ga. | Nov. 6 | Pending | 1 | 26.7 | 1.00 |
| 85 | Beacon Bancorp Mass. | Lazares & Co. LLC Mass. | Nov. 20 | Pending | 4 | 42.7 | 2.50 |
| 86 | Cooper Investments Inc. Mo. | Bank of America Corp. N.C. | Nov. 20 | Pending | 10 | 339.3 | NA |
| 87 | HomeBancorp Inc. Fla. | First Banks Inc. Mo. | Nov. 21 | Pending | 8 | 130.0 | NA |
| 88 | Self-Help Federal Credit Union N.C. | Wintrust Financial Corp. Ill. | Nov. 28 | Pending | 3 | 161.2 | 0.15 |
| 89 | Sumitomo Mitsui Financial Group Inc. | NCAL Bancorp Calif. | Nov. 28 | Pending | 1 | 12.2 | NA |
| 90 | Texas Brand Bancshares Inc. | JLL Associates GP FHC LLC N.Y. | Nov. 29 | Pending | 1 | 5.6 | NA |
| 91 | Siuslaw Financial Group Inc. Ore. | Sterling Financial Corp. Wash. | Dec. 5 | Pending | 1 | 11.6 | NA |
| 92 | Arvest Bank Group Inc. Ark. | Bank of America Corp. N.C. | Dec. 13 | Pending | 29 | 750.0 | NA |
| 93 | Sterling Financial Corp. Wash. | Boston Private Financial Holdings Inc. | Dec. 17 | Pending | 3 | 190.0 | 5.79 |
Note: Includes terminated deals. Status of deal shows status as of Dec. 31, 2012.
Source: SNL Financial, Charlottesville, Va.
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