Announcements of Government-Assisted Bank Transactions
August 12, 2011, 3:49 p.m. EDT 1 Min Read
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Announcements of Government-Assisted Bank Transactions
Announcements of Government-Assisted Bank Transactions2011 to date through June 30. Dollars in millions. | ||||
|---|---|---|---|---|
| Rank | Buyer | Target | Date of announcement | Deposits assumed† |
| 1 | Enterprise Financial Services Corp. Clayton, Mo. | Legacy Bank Scottsdale, Ariz. | Jan. 7 | $113.7 |
| 2 | First Southern Bancorp Inc. Boca Raton, Fla. | First Commercial Bank of Florida Orlando | Jan. 7 | 491.4 |
| 3 | Bank of the Ozarks Inc. Little Rock, Ark. | Oglethorpe Bank Brunswick, Ga. | Jan. 14 | 195.0 |
| 4 | Blue Ridge Holdings Inc. Charlotte, N.C. | CommunitySouth Bank & Trust Easley, S.C. | Jan. 21 | 367.1 |
| 5 | First Bancorp Troy, N.C. | Bank of Asheville N.C. | Jan. 21 | 192.3 |
| 6 | First Citizens BancShares Inc. Raleigh, N.C. | United Western Bank Denver | Jan. 21 | 1,604.9 |
| 7 | Haines Financial Corp. Oklahoma City | First State Bank Camargo, Okla. | Jan. 28 | 41.2 |
| 8 | Northern Bankshares Inc. McFarland, Wis. | Evergreen State Bank Stoughton, Wis. | Jan. 28 | 161.5 |
| 9 | U.S. Bancorp Minneapolis | First Community Bank Taos, N.M. | Jan. 28 | 1,800.0 |
| 10 | BankSouth Holding Co. Greensboro, Ga. | North Georgia Bank Watkinsville | Feb. 4 | 128.7 |
| 11 | Renasant Corp. Tupelo, Miss. | American Trust Bank Roswell, Ga. | Feb. 4 | 223.0 |
| 12 | Wintrust Financial Corp. Lake Forest, Ill. | Community First Bank Chicago | Feb. 4 | 49.5 |
| 13 | Bond Street Holdings Inc. Miami | Sunshine State Community Bank Port Orange, Fla. | Feb. 11 | 110.5 |
| 14 | First Michigan Bancorp Inc. Troy | Peoples State Bank Hamtramck, Mich. | Feb. 11 | 389.9 |
| 15 | Pacific Premier Bancorp Inc. Costa Mesa, Calif. | Canyon National Bank Palm Springs, Calif. | Feb. 11 | 204.3 |
| 16 | Royal Bancshares Inc. Elroy, Wis. | Badger State Bank Cassville, Wis. | Feb. 11 | 76.1 |
| 17 | Bank of Marin Bancorp Novato, Calif. | Charter Oak Bank Napa, Calif. | Feb. 18 | 105.3 |
| 18 | First California Financial Group Inc. Westlake Village | San Luis Trust Bank FSB San Luis Obispo, Calif. | Feb. 18 | 265.4 |
| 19 | Heritage Financial Group Inc. Albany, Ga. | Citizens Bank of Effingham Springfield, Ga. | Feb. 18 | 204.1 |
| 20 | SCBT Financial Corp. Columbia, S.C. | Habersham Bank Clarkesville, Ga. | Feb. 18 | 339.4 |
| 21 | Tri-County Financial Group Inc. Mendota, Ill. | Valley Community Bank Saint Charles, Ill. | Feb. 25 | 117.8 |
| 22 | Seaway Bancshares Inc. Chicago | Legacy Bank Milwaukee | March 11 | 147.1 |
| 23 | Valley Bancshares Inc. Pauls Valley, Okla. | First National Bank of Davis Okla. | March 11 | 46.1 |
| 24 | Wintrust Financial Corp. Lake Forest, Ill. | Bank of Commerce Wood Dale, Ill. | March 25 | 161.4 |
| 25 | City National Corp. Los Angeles | Nevada Commerce Bank Las Vegas | April 8 | 118.0 |
| 26 | Heartland Bancorp Inc. Bloomington, Ill. | Western Springs National Bank and Trust Ill. | April 8 | 181.9 |
| 27 | AloStar Bank of Commerce Birmingham, Ala. | Nexity Bank Birmingham, Ala. | April 15 | 596.6 |
| 28 | Central Bancshares Inc. Golden Valley, Minn. | Rosemount National Bank Minn. | April 15 | 36.6 |
| 29 | Citizens South Banking Corp. Gastonia, N.C. | New Horizons Bank East Ellijay, Ga. | April 15 | 101.9 |
| 30 | Community Bancorp LLC Houston | Superior Bank Birmingham, Ala. | April 15 | 2,598.8 |
| 31 | Hamilton State Bancshares Inc. Hoschton, Ga. | Bartow County Bank Cartersville, Ga. | April 15 | 304.1 |
| 32 | Trustmark Corp. Jackson, Miss. | Heritage Banking Group Carthage, Miss. | April 15 | 203.0 |
| 33 | Bank of the Ozarks Inc. Little Rock, Ark. | First Choice Community Bank Dallas, Ga. | April 29 | 293.0 |
| 34 | Bank of the Ozarks Inc. Little Rock, Ark. | Park Avenue Bank Valdosta, Ga. | April 29 | 627.0 |
| 35 | Bond Street Holdings Inc. Miami | Cortez Community Bank Brooksville, Fla. | April 29 | 59.9 |
| 36 | Bond Street Holdings Inc. Miami | First National Bank of Central Florida Winter Park | April 29 | 293.5 |
| 37 | First Michigan Bancorp Inc. Troy | Community Central Bank Mount Clemens, Mich. | April 29 | 331.4 |
| 38 | Bond Street Holdings Inc. Miami | Coastal Bank Cocoa Beach, Fla. | May 6 | 122.5 |
| 39 | Blue Ridge Holdings Inc. Atlanta | Atlantic Southern Bank Macon, Ga. | May 20 | 592.8 |
| 40 | Blue Ridge Holdings Inc. Atlanta | First Georgia Banking Co. Franklin | May 20 | 678.9 |
| 41 | Columbia Banking System Inc. Tacoma, Wash. | Summit Bank Burlington, Wash. | May 20 | 130.0 |
| 42 | Columbia Banking System Inc. Tacoma, Wash. | First Heritage Bank Snohomish, Wash. | May 27 | 159.0 |
| 43 | First Citizens Bancorp. Inc. Columbia, S.C. | Atlantic Bank and Trust Charleston, S.C. | June 3 | 191.6 |
| 44 | Hamilton State Bancshares Inc. Hoschton, Ga. | McIntosh State Bank Jackson, Ga. | June 17 | 324.4 |
| 45 | Stonegate Bank Fort Lauderdale, Fla. | First Commercial Bank of Tampa Bay Fla. | June 17 | 88.9 |
| 46 | First American Bancorp Athens, Ga. | Mountain Heritage Bank Clayton, Ga. | June 24 | 89.6 |
Data as July 18. †Dollar value of total deposits transferred.
Source:
SNL Financial
, Charlottesville, Va.© 2011 American Banker