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Listed in order of deal value
part 1 of 3
Rank Buyer
1 Wells Fargo and Co., Calif.
2 Fleet Financial Group Inc., Mass.
3 Union Planters Corp., Tenn.
4 First Union Corp., N.C.
5 First Union Corp., N.C.
6 US Bancorp, Ore.
7 NationsBank Corp., N.C.
8 Firstar Corp., Wis.
9 Hibernia Corp., La.
10 Taylor Investment Group, Ill.
11 ABN-AMRO Holding NV, Netherlands
12 Norwest Corp., Minn.
13 Hubco Inc., N.J.
14 Regions Financial Corp., Ala.
15 Community First Bankshares Inc., N.D.
16 Peoples Heritage Financial Group, Me.
17 NationsBank Corp., N.C.
18 Summit Bancorp., N.J.
19 Mercantile Bancorp, Mo.
20 Allied Irish Banks Plc, Ireland
21 Texas Regional Bancshares, Tex.
22 Horizon Bancorp, W.Va.
23 Hibernia Corp., La.
24 Old Kent Financial Corp., Mich.
25 1st Interstate Bancsystem of Montana
26 Northern Illinois Financial Corp.*, Ill.
27 Monarch Bancorp, Calif.
28 Sovereign Bancorp, Pa.
29 One Valley Bancorp of W.Va, W.Va.
30 FNB Corp., Pa.
31 BankAtlantic Bancorp., Fla.
- Whitney Holding Corp, La.
33 Citizens Financial Group Inc., R.I.
34 ISB Financial Corp., La.
35 BancFirst Ohio Corp, Ohio
36 Hubco Inc., N.J.
37 Hibernia Corp., La.
- Pinnacle Banc Group Inc., Ill.
39 Home Interstate Bancorp*, Calif.
40 WesBanco Inc., W.Va.
41 CFX Corp., N.H.
42 CCB Financial Corp, N.C.
43 Regions Financial Corp., Ala.
- Security Banc Corp., Ohio
45 Old National Bancorp, Ind.
46 Centura Banks Inc., N.C.
47 Union Planters Corp., Tenn.
48 Mid-Peninsula Bancorp*, Calif.
49 InterWest Bancorp, Wash.
50 1st Savings Bank of Wash. Bancorp
51 First National of Nebraska Inc., Neb.
52 Hubco Inc., N.J.
53 Cathay Bancorp., Calif.
54 F&M Bancorp, Md.
55 Luther Burbank S&L Assn, Calif.
56 Camco Financial Corp., Ohio
57 Jefferson Savings Bancorp, Mo.
58 Prime Bancorp, Pa.
59 Centura Banks Inc., N.C.
60 F&M National Corp., Va.
- Regions Financial Corp., Ala.
62 Deposit Guaranty Corp., Miss.
63 Fidelity Financial of Ohio Inc., Ohio
64 CFX Corp., N.H.
- Collective Bancorp, N.J.
66 Security Banc Corp., Ohio
67 MainStreet BankGroup Inc., Va.
68 Zions Bancorp., Utah
69 First Merchants Corp., Ind.
70 MainStreet BankGroup Inc., Va.
71 Dartmouth Capital Group LP, N.H.
72 Hancock Holding Co., Miss.
73 Commercial Federal Corp., Neb.
74 Union Planters Corp., Tenn.
75 ValliCorp Holdings Inc., Calif.
part 2 of 3
Top 75 Bank and Thrift Acquisitions Announced in the First Half of 1996
Listed in order of deal value
Value of Price/ Price/Book
TransactEarnings Value
Rank Seller ($ MilliPer Shar (%)
1 First Interstate Bancorp, Calif. 12,310.1 13.82 304.05
2 Fleet Banking Group Inc., R.I. 950 NA NA
3 Leader Financial Corp., Tenn. 504.7 13.05 192.54
4 Center Financial Corp., Conn. 384.5 14.96 164.55
5 Home Financial Corp., Fla. 341.2 15.05 106
6 California Bancshares, Calif. 327.4 18.08 250.29
7 TAC Bancshares, Fla. 279.8 15.03 173.44
8 American Bancorp., Minn. 210 12.74 168.61
9 C M Bank Holding Co., La. 201.7 16.57 180.76
10 Cole Taylor Bank, Ill. 197.3 NA NA
11 Comerica Bank-Illinois, Ill. 190 16.58 119.85
12 Primerit Bank FSB, NV 175 24.69 97.09
13 Lafayette American Bank and Trust Co., 137.3 7.19 222.35
14 Allied Bankshares, Ga. 136.3 14.78 200.59
15 Mountain Parks Financial Corp., Colo. 115.5 14.42 224.3
16 Family Bancorp, Mass. 107.1 12.76 147.77
17 Charter Bancshares, Tex. 94.7 16.64 282.22
18 Central Jersey Financial Corp., N.J. 90.2 17.24 162.17
19 Today's Bancorp, Ill.. 87.3 17.2 181.54
20 1st Washington Bancorp, Va. 81.9 15.05 176.25
21 First State Bank & Trust Co., Tex. 79 8.57 140.74
22 Twentieth Bancorp, W.Va. 78.2 22.56 246.49
23 Texarkana National Bancshares, Tex. 76.3 23.95 217.45
24 Seaway Financial Corp., Mich. 74.8 17.9 189.67
25 1st Interstate Banks of Wyoming and Mon 72 7.58 173.37
26 Premier Financial Services Inc., Ill. 69.1 12.99 135.9
27 Western Bank, Calif. 61.1 14.86 169.02
28 First State Financial Services, N.J. 58.1 15.36 137.98
29 CSB Financial Corp., Va. 57.7 25.4 126.57
30 Southwest Banks Inc., Fla. 56.3 57.8 203.07
31 Bank of North America Bancorp, Fla. 54 24.79 142.33
- New Iberia Bancorp, La. 54 23.28 240.43
33 Farmers & Mechanics Bank, Conn. 53.2 NM 178.27
34 Jefferson Bancorp, La. 51.2 17.83 145.02
35 County Savings Bank, Ohio 48 13.41 147.09
36 Westport Bancorp, Conn. 46.9 11.19 255.51
37 St. Bernard Bank & Trust Co., La. 46 17.79 192.39
- Financial Security Corp., Ill. 46 21.11 109.95
39 CU Bancorp, Calif. 45.9 16.57 143.64
40 Bank of Weirton, W.Va. 45.4 21.24 123.94
41 Safety Fund Corp., Mass. 43.4 26.95 217.27
42 Salem Trust Bank, N.C. 41.2 29.75 246.51
43 Florida First Bancorp, Fla. 40 15.33 186.7
- Third Financial Corp., Ohio 40 18.67 135.69
45 Workingmens Capital Holdings Inc., Ind. 39.2 19.32 148.37
46 FirstSouth Bank, N.C. 36.6 21.68 226.52
47 Financial Bancshares, Mo. 36.2 19.38 149.79
48 Cupertino National Bancorp, Calif. 34.9 52.86 161.88
49 Central Bancorp., Wash. 34.5 13.77 225.17
50 Inland Empire Bank, Ore. 32.2 13.96 182.92
51 Boulder Bancorp, Colo. 32 NM 165.06
52 Hometown Bancorp., Conn. 31.9 23.67 180.02
53 First Public Savings Bank, FSB, Calif. 31.6 11.05 137.62
54 Home Federal Corp., Md. 30.3 12.05 165
55 N.H.S Financial, Calif. 29.7 57.5 117.59
56 First Ashland Financial Corp., Ky. 29.4 31.39 123.69
57 L&B Financial Inc., Tex. 29.3 NA NA
58 First Sterling Bancorp, Pa. 29 17.95 222.47
59 First Community Bank, N.C. 28 20.82 239.97
60 Allegiance Banc Corp., Md. 27.9 24.59 215.83
- West Carroll Bancshares, La. 27.9 10.83 223.11
62 Bank of Gonzales Holding Co., La. 27.6 11.02 215.75
63 Circle Financial Corp., Ohio 26.9 25.85 110.79
64 Milford Co/Operative Bank, N.H. 26.6 16.39 169.55
- Continental Bancorp., N.J. 26.6 NM 210.08
66 CitNat Bancorp, Ohio 26.4 16.25 150.86
67 First National Bank of Clifton Forge, V 26.2 17.18 177.69
68 Southern Arizona Bancorp, Ariz. 25 12.91 237.73
69 Union National Bancorp, Ind. 24.7 16.73 169.64
70 Hanover Bank, Va. 23.2 18.89 283.1
71 Commerce Security Bank, Calif. 22.7 11.34 129.77
72 Community Bancshares, La. 22 24.86 208.93
73 Heritage Financial Ltd., Iowa 21.1 NM 150.06
74 Franklin Financial Group Inc., Tenn. 20.9 23.59 154.68
75 Sunrise Bancorp, Calif. 20.6 NM 115.02
Totals for the top 75 19,140.90
Totals for all 197 announced deals 19,976.00
part 3 of 3
Top 75 Bank and Thrift Acquisitions Announced in the First Half of 1996
Listed in order of deal value
Buyer's Seller's
Total Total
Date Assets Assets
Rank Seller Announced Status ($ Million) )$ Million)
1 First Inter 1/24/96 Completed 4/1 50,316.0058,071.00
2 Fleet Banki 1/2/96 Pending 50,861.3017,081.40
3 Leader Fina 3/8/96 Pending 11,277.10 3,098.60
4 Center Fina 6/17/96 Pending 130,581.30 3,669.50
5 Home Financ 6/17/96 Pending 130,581.30 1,227.40
6 California 2/12/96 Completed 6/6 31,842.00 1,570.50
7 TAC Bancsha 4/29/96 Pending 194,375.00 2,761.10
8 American Ba 1/10/96 Completed 7/12 18,784.00 1,218.20
9 C M Bank Ho 4/2/96 Pending 7,196.20 774.2
10 Cole Taylor 6/13/96 Pending NA 1,773.60
11 Comerica Ba 3/19/96 Pending 27,344.90 1,465.50
12 Primerit Ba 1/8/96 Completed 7/19 71,411.90 1,838.10
13 Lafayette A 2/6/96 Completed 7/1 1,602.60 735.4
14 Allied Bank 6/14/96 Pending 17,531.40 561.7
15 Mountain Pa 6/25/96 Pending 2,293.70 462.9
16 Family Banc 5/31/96 Pending 3,301.60 887.4
17 Charter Ban 1/25/96 Completed 5/24 187,298.00 840.6
18 Central Jer 5/22/96 Pending 22,329.80 466.2
19 Today's Ban 3/20/96 Pending 15,934.40 518.5
20 1st Washing 1/24/96 Pending 10,058.60 800.5
21 First State 1/10/96 Completed 5/14 619.3 417
22 Twentieth B 2/7/96 Pending 602.7 316
23 Texarkana N 6/26/96 Pending 7,474.60 413.4
24 Seaway Fina 6/4/96 NonBinding 12,163.10 351.2
25 1st Interst 5/28/96 Pending 1,353.30 594.3
26 Premier Fin 1/18/96 Pending 927.6 648.2
27 Western Ban 3/21/96 Pending 68.7 386.5
28 First State 6/25/96 Pending 8,411.10 628.7
29 CSB Financi 1/26/96 Completed 4/30 3,858.30 313.6
30 Southwest B 2/5/96 Pending 1,691.90 352.1
31 Bank of Nor 4/9/96 Nonbinding 1,750.70 554.5
- New Iberia 1/24/96 Terminated 7/1 2,938.80 247.2
33 Farmers & M 6/13/96 Pending 10,195.30 537
34 Jefferson B 3/29/96 Pending 589 265.9
35 County Savi 3/27/96 Pending 476.4 483.3
36 Westport Ba 6/21/96 Pending 1,741.10 307.8
37 St. Bernard 4/1/96 Pending 7,196.20 255
- Financial S 4/22/96 Pending 818.7 277.1
39 CU Bancorp, 1/10/96 Pending 425.4 311
40 Bank of Wei 2/9/96 Pending 1,359.40 179
41 Safety Fund 1/5/96 Completed 7/1 879.4 293.1
42 Salem Trust 5/14/96 Pending 5,038.00 154.1
43 Florida Fir 5/29/96 Pending 17,531.40 304
- Third Finan 4/22/96 Pending 536 157
45 Workingmens 4/8/96 Pending 4,822.60 213.3
46 FirstSouth 4/18/96 Pending 5,546.20 169.4
47 Financial B 6/27/96 Pending 11,368.70 325.4
48 Cupertino N 6/6/96 Pending 233 255
49 Central Ban 1/11/96 Pending 1,267.00 202.4
50 Inland Empi 3/12/96 Pending 594.9 159.5
51 Boulder Ban 4/16/96 Pending 6,143.90 125.9
52 Hometown Ba 4/29/96 Pending 1,613.20 229.2
53 First Publi 5/30/96 Pending 1,183.80 263.5
54 Home Federa 4/2/96 Pending 739.9 214.6
55 N.H.S Finan 5/23/96 Pending 428.3 292.6
56 First Ashla 3/26/96 Pending 346.5 90.2
57 L&B Financi 6/25/96 Pending 1,114.30 143.2
58 First Sterl 6/12/96 Pending 609 211.8
59 First Commu 3/20/96 NonBinding 5,326.40 112.4
60 Allegiance 4/22/96 Pending 1,833.80 138.1
- West Carrol 6/25/96 Pending 17,531.40 117.1
62 Bank of Gon 2/6/96 Completed 6/28 6,026.20 122.9
63 Circle Fina 4/29/96 Pending 231.1 222.4
64 Milford Co/ 2/9/96 Completed 7/1 904 156.3
- Continental 5/21/96 Pending 5,058.60 191.8
66 CitNat Banc 3/14/96 Pending 536 130.3
67 First Natio 4/17/96 Pending 895.8 74.7
68 Southern Ar 1/17/96 Pending 5,667.70 120
69 Union Natio 1/24/96 Pending 686.3 156.3
70 Hanover Ban 5/3/96 NonBinding 909.8 94.4
71 Commerce Se 3/1/96 Pending NA 213.3
72 Community B 6/19/96 Pending 2,322.00 93.5
73 Heritage Fi 5/16/96 Pending 6,617.50 184.1
74 Franklin Fi 3/6/96 Pending 11,277.10 135.8
75 Sunrise Ban 4/8/96 Terminated 5/1 1,152.80 126.1
Totals for the top 75 113,854.40
Totals for all 197 announced deals 123,348.00
