Announcements of Government-Assisted Bank Transactions in 2010
February 14, 2011, 11:14 p.m. EST 1 Min Read
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Announcements of Government-Assisted Bank Transactions in 2010
Announcements of Government-Assisted Bank Transactions in 2010Published February 15, 2011 | ||||
|---|---|---|---|---|
| Rank | Buyer | Target | Date of announcement | Deposits assumed† |
| 1 | Washington Federal Inc. Seattle | Horizon Bank Bellingham, Wash. | Jan. 8 | $819.5 |
| 2 | Independent Bankers Financial Corp. Irving, Texas | Independent Bankers' Bank Bridge Bank Springfield, Ill. | Jan. 13 | 155.9 |
| 3 | First American Bank Corp. Elk Grove Village, Ill. | Town Community Bank and Trust Antioch, Ill. | Jan. 15 | 55.7 |
| 4 | St. Joseph Bancshares Acquisitions Inc. St. Joseph, Minn. | St. Stephen State Bank Minn. | Jan. 15 | 23.4 |
| 5 | Beal Financial Corp. Plano, Texas | Charter Bank Santa Fe, N.M. | Jan. 22 | 696.6 |
| 6 | Bond Street Holdings LLC New York | Premier American Bank Miami | Jan. 22 | 316.3 |
| 7 | Columbia Banking System Inc. Tacoma | Columbia River Bank The Dalles, Ore. | Jan. 22 | 891.0 |
| 8 | Sunflower Financial Inc. Salina, Kan. | Bank of Leeton Mo. | Jan. 22 | 20.4 |
| 9 | Umpqua Holdings Corp. Portland, Ore. | EvergreenBank Seattle | Jan. 22 | 284.8 |
| 10 | Bond Street Holdings LLC New York | Florida Community Bank Immokalee | Jan. 29 | 560.9 |
| 11 | Columbia Banking System Inc. Tacoma | American Marine Bank Bainbridge Island, Wash. | Jan. 29 | 253.0 |
| 12 | Community & Southern Holdings Inc. Atlanta | First National Bank of Georgia Carrollton | Jan. 29 | 653.1 |
| 13 | First Citizens BancShares Inc. Raleigh | First Regional Bank Los Angeles | Jan. 29 | 1,287.7 |
| 14 | First Holding Co. of Cavalier Inc. N.D. | Marshall Bank Hallock, Minn. | Jan. 29 | 54.7 |
| 15 | SCBT Financial Corp. Columbia, S.C. | Community Bank & Trust Cornelia, Ga. | Jan. 29 | 1,003.6 |
| 16 | Midwest Minnesota Community Development Corp. Detroit Lakes | 1st American State Bank of Minnesota Hancock | Feb. 5 | 16.3 |
| 17 | FirstMerit Corp. Akron | George Washington Savings Bank Orland Park, Ill. | Feb. 19 | 395.7 |
| 18 | IMB Management Holdings LP Pasadena, Calif. | La Jolla Bank FSB Rancho Santa Fe, Calif. | Feb. 19 | 2,799.4 |
| 19 | Medina Community Bancshares Inc. Hondo, Texas | La Coste National Bank Texas | Feb. 19 | 49.3 |
| 20 | Omaha Financial Holdings Inc. | Marco Community Bank Marco Island, Fla. | Feb. 19 | 117.1 |
| 21 | Heritage Bancorp Reno | Carson River Community Bank Carson City, Nev. | Feb. 26 | 44.8 |
| 22 | Umpqua Holdings Corp. Portland, Ore. | Rainier Pacific Savings Bank Tacoma | Feb. 26 | 423.9 |
| 23 | First Citizens BancShares Inc. Raleigh | Sun American Bank Boca Raton, Fla. | March 5 | 420.0 |
| 24 | Heartland Bancorp Inc. Bloomington, Ill. | Bank of Illinois Normal | March 5 | 187.9 |
| 25 | Valley National Bancorp Wayne, N.J. | LibertyPointe Bank New York | March 11 | 200.0 |
| 26 | Home Bancorp Inc. Lafayette, La. | Statewide Bank Covington, La. | March 12 | 205.9 |
| 27 | Home BancShares Inc. Conway, Ark. | Old Southern Bank Orlando | March 12 | 328.5 |
| 28 | Valley National Bancorp Wayne, N.J. | Park Avenue Bank New York | March 12 | 450.0 |
| 29 | Bay Area Banking Shares Inc. Ashland, Wis. | State Bank of Aurora Minn. | March 19 | 27.8 |
| 30 | Citizens South Banking Corp. Gastonia, N.C. | Bank of Hiawassee Ga. | March 19 | 295.0 |
| 31 | Community & Southern Holdings Inc. Carrollton, Ga. | Appalachian Community Bank Ellijay, Ga. | March 19 | 917.6 |
| 32 | First Citizens-Crenshaw Bancshares Inc. Luverne, Ala. | First Lowndes Bank Fort Deposit, Ala. | March 19 | 131.1 |
| 33 | NB&T Financial Group Inc. Wilmington, Ohio | American National Bank Parma, Ohio | March 19 | 61.7 |
| 34 | SouthCrest Financial Group Inc. Fayetteville, Ga. | Century Security Bank Johns Creek, Ga. | March 19 | 83.7 |
| 35 | Bank of the Ozarks Inc. Little Rock | Unity National Bank Cartersville, Ga. | March 26 | 220.8 |
| 36 | Charter Financial Corp. MHC West Point, Ga. | McIntosh Commercial Bank Carrollton, Ga. | March 26 | 295.3 |
| 37 | Home BancShares Inc. Conway, Ark. | Key West Bank Fla. | March 26 | 66.7 |
| 38 | New York Community Bancorp Inc. Westbury | Desert Hills Bank Phoenix | March 26 | 374.9 |
| 39 | BNC Bancorp High Point, N.C. | Beach First National Bank Myrtle Beach, S.C. | April 9 | 499.0 |
| 40 | Center Financial Corp. Los Angeles | Innovative Bank Oakland, Calif. | April 16 | 209.3 |
| 41 | Mitsubishi UFJ Financial Group Inc. Tokyo | Tamalpais Bank San Rafael, Calif. | April 16 | 421.0 |
| 42 | People's United Financial Inc. Bridgeport, Conn. | Butler Bank MHC Lowell, Mass. | April 16 | 225.0 |
| 43 | Toronto-Dominion Bank | AmericanFirst Bank Clermont, Fla. | April 16 | 65.8 |
| 44 | Toronto-Dominion Bank | First Federal Bank of North Florida Palatka | April 16 | 324.2 |
| 45 | Toronto-Dominion Bank | Riverside National Bank of Florida Fort Pierce | April 16 | 2,647.2 |
| 46 | Washington Banking Co. Oak Harbor | City Bank Lynnwood, Wash. | April 16 | 644.1 |
| 47 | BMO Financial Group Toronto | AMCORE Bank Rockford, Ill. | April 23 | 2,200.0 |
| 48 | First Midwest Bancorp Inc. Itasca, Ill. | Peotone Bank & Trust Co. Ill. | April 23 | 84.0 |
| 49 | MB Financial Inc. Chicago | Broadway Bank Chicago | April 23 | 261.0 |
| 50 | MB Financial Inc. Chicago | New Century Bank Chicago | April 23 | 427.0 |
| 51 | Republic Bancorp Co. Oak Brook, Ill. | Citizens Bank & Trust Co. of Chicago | April 23 | 74.5 |
| 52 | Wintrust Financial Corp. Lake Forest, Ill. | Lincoln Park Savings Bank Chicago | April 23 | 160.0 |
| 53 | Wintrust Financial Corp. Lake Forest, Ill. | Wheatland Bank Naperville, Ill. | April 23 | 400.0 |
| 54 | Bank of Nova Scotia Toronto | R-G Premier Bank of Puerto Rico San Juan | April 30 | 2,200.0 |
| 55 | Community First Bancshares Inc. Butler, Mo. | BC National Banks Butler, Mo. | April 30 | 54.9 |
| 56 | First Michigan Bancorp Inc. Troy | CF Bancorp Port Huron, Mich. | April 30 | 1,100.0 |
| 57 | Liberty Bancorp Inc. Mo. | Champion Bank St. Louis | April 30 | 153.8 |
| 58 | Mitsubishi UFJ Financial Group Inc. Tokyo | Frontier Bank Everett, Wash. | April 30 | 2,483.0 |
| 59 | Oriental Financial Group Inc. San Juan, Puerto Rico | Eurobank San Juan, Puerto Rico | April 30 | 731.9 |
| 60 | Popular Inc. Hato Rey, Puerto Rico | Westernbank Puerto Rico Mayaguez, Puerto Rico | April 30 | 2,380.2 |
| 61 | CBOA Financial Inc. Tucson | Towne Bank of Arizona Mesa | May 7 | 85.6 |
| 62 | City National Corp. Los Angeles | 1st Pacific Bank of California San Diego | May 7 | 237.0 |
| 63 | First Federal Bancorp MHC Lake City, Fla. | Bank of Bonifay Fla. | May 7 | 230.2 |
| 64 | PSB Financial Shares Inc. Prinsburg, Minn. | Access Bank Champlin, Minn. | May 7 | 32.0 |
| 65 | Ameris Bancorp Moultrie, Ga. | Satilla Community Bank St. Marys, Ga. | May 14 | 75.8 |
| 66 | Arbor Bancorp Inc. Ann Arbor, Mich. | New Liberty Bank Plymouth, Mich. | May 14 | 92.0 |
| 67 | FirstMerit Corp. Akron | Midwest Bank and Trust Co. Elmwood Park, Ill. | May 14 | 2,248.6 |
| 68 | Simmons First National Corp. Pine Bluff, Ark. | Southwest Community Bank Springfield, Mo. | May 14 | 97.3 |
| 69 | Coulee Bancshares Inc. La Crosse, Wis. | Pinehurst Bank St. Paul | May 21 | 57.2 |
| 70 | City National Corp. Los Angeles | Sun West Bank Las Vegas | May 28 | 311.0 |
| 71 | EverBank Financial Corp. Jacksonville, Fla. | Three BOFL Corp. bank subsidiaries in Florida | May 28 | 1,210.9 |
| 72 | TriCo Bancshares Chico, Calif. | Granite Community Bank Granite Bay, Calif. | May 28 | 94.8 |
| 73 | National Australia Bank Ltd. Melbourne | TierOne Bank Lincoln, Neb. | June 4 | 1,900.0 |
| 74 | Southeast Arkansas Bank Corp. Lake Village, Ark. | First National Bank Rosedale, Miss. | June 4 | 63.5 |
| 75 | East West Bancorp Inc. Pasadena, Calif. | Washington First International Bank Seattle | June 11 | 415.0 |
| 76 | Umpqua Holdings Corp. Portland, Ore. | Nevada Security Bank Reno | June 18 | 440.0 |
| 77 | Bond Street Holdings LLC Miami | Peninsula Bank Englewood, Fla. | June 25 | 580.1 |
| 78 | First Artesia Bancshares Inc. N.M. | High Desert State Bank Albuquerque | June 25 | 81.0 |
| 79 | Savannah Bancorp Inc. Ga. | First National Bank Savannah, Ga. | June 25 | 201.0 |
| 80 | Customers 1st Bank Phoenixville, Pa. | USA Bank Port Chester, N.Y. | July 9 | 179.9 |
| 81 | Jefferson Bancorp Inc. Washington | Bay National Bank Lutherville, Md. | July 9 | 276.1 |
| 82 | RCB Holding Co. Inc. Claremore, Okla. | Home National Bank Arkansas City, Kan. | July 9 | 543.6 |
| 83 | Bank of the Ozarks Inc. Little Rock | Woodlands Bank Bluffton, S.C. | July 16 | 344.7 |
| 84 | CenterState Banks Inc. Davenport, Fla. | Olde Cypress Community Bank Clewiston, Fla. | July 16 | 151.6 |
| 85 | Commercial National Financial Corp. Ithaca, Mich. | MainStreet Savings Bank FSB MHC Hastings, Mich. | July 16 | 63.7 |
| 86 | North American Financial Holdings Inc. Jacksonville, Fla. | First National Bank of the South Spartanburg, S.C. | July 16 | 491.3 |
| 87 | North American Financial Holdings Inc. Jacksonville, Fla. | MetroBank of Dade County Miami | July 16 | 336.2 |
| 88 | North American Financial Holdings Inc. Jacksonville, Fla. | Turnberry Bank Aventura, Fla. | July 16 | 196.9 |
| 89 | Berco Inc. Salina, Kan. | Thunder Bank Sylvan Grove, Kan. | July 23 | 20.4 |
| 90 | First Citizens Bancorp. Inc. Columbia, S.C. | Williamsburg First National Bank Kingstree, S.C. | July 23 | 103.9 |
| 91 | IBERIABANK Corp. Lafayette, La. | Sterling Bank Lantana, Fla. | July 23 | 284.2 |
| 92 | Renasant Corp. Tupelo, Miss. | Crescent Bank & Trust Co. Jasper, Ga. | July 23 | 900.0 |
| 93 | SCJ Inc. Irvine, Calif. | SouthwestUSA Bank Las Vegas | July 23 | 176.9 |
| 94 | South Valley Bancorp Inc. Klamath Falls, Ore. | Home Valley Bank Grants Pass, Ore. | July 23 | 229.6 |
| 95 | Waseca Bancshares Inc. Minn. | Community Security Bank New Prague, Minn. | July 23 | 99.7 |
| 96 | Heritage Financial Corp. Olympia, Wash. | Cowlitz Bank Longview, Wash. | July 30 | 351.5 |
| 97 | Home BancShares Inc. Conway, Ark. | Two Coastal Community Investments bank subsidiaries in Florida | July 30 | 422.3 |
| 98 | Home Federal Bancorp Inc. Nampa, Idaho | LibertyBank Eugene, Ore. | July 30 | 675.0 |
| 99 | State Bank Financial Corp. Macon, Ga. | Northwest Bank & Trust Acworth, Ga. | July 30 | 132.6 |
| 100 | Wintrust Financial Corp. Lake Forest, Ill. | Ravenswood Bank Chicago | Aug. 6 | 119.0 |
| 101 | First Midwest Bancorp Inc. Itasca, Ill. | Palos Bank and Trust Co. Palos Heights, Ill. | Aug. 13 | 462.0 |
| 102 | CenterState Banks Inc. Davenport, Fla. | Community National Bank at Bartow, Fla. | Aug. 20 | 47.6 |
| 103 | CenterState Banks Inc. Davenport, Fla. | Independent National Bank Ocala, Fla. | Aug. 20 | 143.3 |
| 104 | PacWest Bancorp San Diego | Los Padres Bank Solvang, Calif. | Aug. 20 | 751.7 |
| 105 | Rabobank Nederland Utrecht, Netherlands | Butte Community Bank Chico, Calif. | Aug. 20 | 471.3 |
| 106 | Rabobank Nederland Utrecht, Netherlands | Pacific State Bank Stockton, Calif. | Aug. 20 | 257.4 |
| 107 | River Bancorp Inc Martinsville, Va. | Imperial Savings and Loan Association Martinsville, Va. | Aug. 20 | 10.1 |
| 108 | Urban Partnership Bank Chicago | ShoreBank Chicago | Aug. 20 | 1,265.8 |
| 109 | Westamerica Bancorp. San Rafael, Calif. | Sonoma Valley Bank Sonoma, Calif. | Aug. 20 | 255.5 |
| 110 | Bank of the Ozarks Inc. Little Rock | Horizon Bank Bradenton, Fla. | Sep. 10 | 152.4 |
| 111 | Community & Southern Holdings Inc. Carrollton, Ga. | Bank of Ellijay Ga. | Sep. 17 | 160.7 |
| 112 | Community & Southern Holdings Inc. Carrollton, Ga. | First Commerce Community Bank Douglasville, Ga. | Sep. 17 | 215.9 |
| 113 | Community & Southern Holdings Inc. Carrollton, Ga. | Peoples Bank Winder, Ga. | Sep. 17 | 348.3 |
| 114 | Customers USA Bank Phoenixville, Pa. | ISN Bank Cherry Hill, N.J. | Sep. 17 | 74.8 |
| 115 | Garfield Acquisition Corp. Cincinnati | Bramble Savings Bank Milford, Ohio | Sep. 17 | 40.0 |
| 116 | North Shore Bank FSB Brookfield, Wis. | Maritime Savings Bank West Allis, Wis. | Sep. 17 | 239.3 |
| 117 | First Southern Bancorp Inc. Boca Raton, Fla. | Haven Trust Bank Florida Ponte Vedra Beach | Sep. 24 | 116.8 |
| 118 | Washington Banking Co. Oak Harbor | North County Bank Arlington, Wash. | Sep. 24 | 242.8 |
| 119 | GBC Holdings Inc. Los Angeles | Shoreline Bank Wash. | Oct. 1 | 94.0 |
| 120 | Home BancShares Inc. Conway, Ark. | Wakulla Bank Crawfordville, Fla. | Oct. 1 | 354.2 |
| 121 | LINCO Bancshares Inc. Clayton, Mo. | Premier Bank Jefferson City, Mo. | Oct. 15 | 753.4 |
| 122 | Midland States Bancorp Inc. Effingham, Ill. | Westbridge Bank and Trust Chesterfield, Mo. | Oct. 15 | 66.5 |
| 123 | Simmons First National Corp. Pine Bluff, Ark. | Security Savings Bank FSB Olathe, Kan. | Oct. 15 | 397.0 |
| 124 | Ameris Bancorp Moultrie, Ga. | First Bank of Jacksonville Fla. | Oct. 22 | 71.9 |
| 125 | Florida Business BancGroup Inc. Tampa | Progress Bank of Florida Tampa | Oct. 22 | 91.5 |
| 126 | Morris State Bancshares Inc. Dublin, Ga. | Gordon Bank Ga. | Oct. 22 | 26.7 |
| 127 | NBH Holdings Corp. Boston | Hillcrest Bank Overland Park, Kan. | Oct. 22 | 1,265.6 |
| 128 | Seaway Bancshares Inc. Chicago | First Suburban National Bank Maywood, Ill. | Oct. 22 | 122.5 |
| 129 | United Bank Corp. Zebulon, Ga. | First National Bank of Barnesville Ga. | Oct. 22 | 121.0 |
| 130 | First California Financial Group Inc. Westlake Village | Western Commercial Bank Woodland Hills, Calif. | Nov. 5 | 105.2 |
| 131 | Grandpoint Capital Inc. Los Angeles | First Vietnamese American Bank Westminster, Calif. | Nov. 5 | 41.5 |
| 132 | Heritage Financial Corp. Olympia, Wash. | Pierce Commercial Bank Tacoma | Nov. 5 | 193.5 |
| 133 | M&T Bank Corp. Buffalo | K Bank Owings Mills, Md. | Nov. 5 | 493.7 |
| 134 | Ameris Bancorp Moultrie, Ga. | Darby Bank & Trust Co. Vidalia, Ga. | Nov. 12 | 388.0 |
| 135 | Ameris Bancorp Moultrie, Ga. | Tifton Banking Co. Ga. | Nov. 12 | 132.9 |
| 136 | Stearns Financial Services Inc. St. Cloud, Minn. | Copper Star Bank Scottsdale, Ariz. | Nov. 12 | 162.5 |
| 137 | First Michigan Bancorp Inc. Troy | First Banking Center Burlington, Wis. | Nov. 19 | 440.9 |
| 138 | Home BancShares Inc. Conway, Ark. | Gulf State Community Bank Carrabelle, Fla. | Nov. 19 | 97.4 |
| 139 | VIST Financial Corp. Wyomissing, Pa. | Allegiance Bank of North America Bala Cynwyd, Pa. | Nov. 19 | 87.5 |
| 140 | Level One Bancorp Inc. Farmington Hills, Mich. | Paramount Bank Farmington Hills, Mich. | Dec. 10 | 194.5 |
| 141 | Polonia Bancorp MHC Huntingdon Valley, Pa. | Earthstar Bank Southampton, Pa. | Dec. 10 | 90.0 |
| 142 | 1st United Bancorp Inc. Boca Raton, Fla. | Bank of Miami Coral Gables, Fla. | Dec. 17 | 256.0 |
| 143 | Bank of the Ozarks Inc. Little Rock | Chestatee State Bank Dawsonville, Ga. | Dec. 17 | 234.0 |
| 144 | Dunn Investment Co. Manchester, Iowa | Community National Bank Lino Lakes, Minn. | Dec. 17 | 28.8 |
| 145 | Peoples Bancshares of Tennessee Inc. Madisonville | Appalachian Community Bank FSB McCaysville, Ga. | Dec. 17 | 70.7 |
| 146 | Southern Missouri Bancorp Inc. Poplar Bluff | First Southern Bank Batesville, Ark. | Dec. 17 | 144.4 |
| 147 | State Bank Financial Corp. Macon, Ga. | United Americas Bank Atlanta | Dec. 17 | 170.5 |
† Dollar value of total deposits tranferred. Dollars in millions.
Source: SNL Financial, Charlottesville, Va.
© 2011 American Banker