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Announcements of Government-Assisted Bank Transactions

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Announcements of Government-Assisted Bank Transactions

Announcements of Government-Assisted Bank Transactions2012 to date through June 30. Dollars in millions.
Published August 14, 2012

Rank Buyer Target Date of
announcement
Assets sold
($ millions)
Deposits
assumed
($ millions)
Premium /
deposits (%)
1 Capital Bancorp Inc. Rockville, Md. American Eagle Savings Bank Boothwyn, Pa. Jan. 20 $19.6 $17.7 -
2 CenterState Banks Inc. Davenport, Fla. Central Florida State Bank Belleview Jan. 20 67.9 65.0 -
3 Hamilton State Bancshares Inc. Hoschton, Ga. First State Bank Stockbridge, Ga. Jan. 20 515.6 483.8 0.50%
4 CenterState Banks Inc. Davenport, Fla. First Guaranty Bank and Trust Co. of Jacksonville Fla. Jan. 27 377.0 352.4 -
5 First Resource Bank Savage, Minn. Patriot Bank Minnesota Forest Lake Jan. 27 105.0 102.8 -
6 Republic Bancorp Inc. Louisville, Ky. Tennessee Commerce Bank Franklin Jan. 27 948.7 947.4 -
7 U.S. Bancorp Minneapolis BankEast Knoxville, Tenn. Jan. 27 261.9 259.6 -
8 First Merchants Corp. Muncie, Ind. SCB Bank Shelbyville, Ind. Feb. 10 147.7 125.7 -
9 Wintrust Financial Corp. Lake Forest, Ill. Charter National Bank & Trust Hoffman Estates, Ill. Feb. 10 93.9 89.5 -
10 Ameris Bancorp Moultrie, Ga. Central Bank of Georgia Ellaville Feb. 24 273.9 261.0 -
11 Metro City Bank Doraville, Ga. Global Commerce Bank Doraville, Ga. March 2 79.0 116.8 -
12 IBC Bancorp Inc. Chicago Premier Bank Wilmette, Ill. March 23 236.1 172.7 -
13 Stearns Financial Services Inc. St. Cloud, Minn. Covenant Bank & Trust Rock Spring, Ga. March 23 95.7 90.6 -
14 Huntington Bancshares Inc. Columbus, Ohio Fidelity Bank Dearborn, Mich. March 30 800.0 747.6 -
15 Alma Bank Astoria, N.Y. Fort Lee Federal Savings Bank FSB N.J. April 20 15.7 50.7 1.85
16 First Financial Holdings Inc. Charleston, S.C. Plantation Federal Bank Pawleys Island, S.C. April 27 486.4 440.5 -
17 Great Southern Bancorp Inc. Springfield, Mo. Inter Savings Bank FSB Maple Grove, Minn. April 27 481.6 467.0 -
18 Pacific Premier Bancorp Inc. Costa Mesa, Calif. Palm Desert National Bank Calif. April 27 129.6 108.9 -
19 Southern National Bancorp of Virginia Inc. McLean HarVest Bank of Maryland Gaithersburg April 27 164.3 145.5 -
20 Banesco USA Coral Gables, Fla. Security Bank North Lauderdale, Fla. May 4 100.6 99.1 -
21 Southern States Bancshares Inc. Anniston, Ala. Alabama Trust Bank Sylacauga May 18 51.6 44.0 -
22 BNC Bancorp High Point, N.C. Carolina Federal Savings Bank Charleston, S.C. June 8 41.0 52.0 -
23 F&M Bancshares Inc. Crescent, Okla. First Capital Bank Kingfisher, Okla. June 8 40.4 44.8 7.65
24 First Community Bancshares Inc. Bluefield, Va. Waccamaw Bank Whiteville, N.C. June 8 513.0 427.1 -
25 Tri-County Financial Group Inc. Mendota, Ill. Farmers & Traders State Bank Shabbona, Ill. June 8 43.1 42.3 -
26 Clayton Bancorp, Inc Knoxville, Tenn. Farmers Bank of Lynchburg Tenn. June 15 163.9 156.4 0.10
27 Fidelity Southern Corp. Atlanta Security Exchange Bank Marietta, Ga. June 15 151.0 146.5 -
28 HCBF Holding Co. Inc. Fort Pierce, Fla. Putnam State Bank Palatka, Fla. June 15 169.5 160.0 -


Data as July 16. Includes government-assisted deals from Jan. 1, 2012 to June 30, 2012.
Source:

SNL Financial
, Charlottesville, Va.

© 2012 American Banker

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