Announcements of Government-Assisted Bank Transactions in 2013
February 14, 2014, 5:38 p.m. EST 1 Min Read
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Announcements of Government-Assisted Bank Transactions in 2013
Announcements of Government-Assisted Bank Transactions in 2013Dollars in millions | ||||||
---|---|---|---|---|---|---|
Rank | Buyer | Target | Date of announcement | Assets sold | Deposits assumed | Premium / deposits |
1 | Western Acquisitions, LLC DC | Westside Community Bank WA | Jan. 11 | $97,654 | $96,486 | 1.04 |
2 | McLeod Bancshares, Inc. MN | 1st Regents Bank MN | Jan. 18 | 50,208 | 49,125 | 2 |
3 | Liberty Financial Services, Inc. LA | Covenant Bank IL | Feb. 15 | 58,422 | 51,689 | 0 |
4 | Heritage Financial Group, Inc. GA | Frontier Bank GA | March 8 | 181,247 | 211,579 | 0 |
5 | First Scottsdale Bank, N.A. AZ | Gold Canyon Bank AZ | April 5 | 40,800 | 44,174 | 0 |
6 | First Federal Bancorp, MHC FL | Chipola Community Bank FL | April 19 | 37,471 | 37,067 | 0 |
7 | CertusHoldings, Inc. GA | Parkway Bank NC | April 26 | 99,200 | 104,709 | 0 |
8 | Hamilton State Bancshares, Inc. GA | Douglas County Bank GA | April 26 | 260,900 | 314,277 | 0.5 |
9 | Community Bank Shares of Indiana IN | First Federal Bank KY | April 19 | 91,295 | 87,025 | 0 |
10 | FirstAtlantic Financial Holdings, Inc. FL | Heritage Bank of North Florida FL | April 19 | 110,889 | 108,451 | 0 |
11 | North Shore Bank, FSB WI | Banks of Wisconsin WI | May 31 | 97,400 | 125,894 | 0 |
12 | Western State Agency, Inc. ND | Central Arizona Bank AZ | May 14 | 31,550 | 30,822 | 0 |
13 | Capital Bancorp, Inc. MD | Pisgah Community Bank NC | May 10 | 19,800 | 21,246 | 0 |
14 | Synovus Financial Corp. GA | Sunrise Bank GA | May 10 | 13,200 | 54,000 | 0 |
15 | First Horizon National Corp. TN | Mountain National Bank TN | June 7 | 451,577 | 362,098 | 0 |
16 | Plaza Bank CA | 1st Commerce Bank NV | June 6 | 20,152 | 19,579 | 0 |
17 | CBS Banc-Corp. AL | Community South Bank TN | Aug. 23 | 121,700 | 362,552 | 0 |
18 | First Fidelity Bancorp, Inc. OK | Sunrise Bank of Arizona AZ | Aug. 23 | 202,179 | 196,924 | 0 |
19 | Nicolet Bankshares, Inc. WI | Bank of Wausau WI | Aug. 9 | 29,900 | 40,663 | 0 |
20 | CBM Florida Holding Co. FL | First Community Bank of Southwest Florida FL | Aug. 2 | 247,315 | 243,618 | 0 |
21 | Hilltop Holdings Inc. TX | First National Bank TX | Sep. 13 | 2,399,472 | 2,203,458 | 0 |
22 | First Federal Bancorp, MHC FL | Bank of Jackson County FL | Oct. 30 | 23,100 | 24,591 | 0 |
23 | ST Financial Group, Inc. TX | Texas Community Bank, N.A. TX | Dec. 13 | 147,900 | 142,640 | 0.4 |
Includes government-assisted deals from Jan. 1, 2013, through Dec. 31, 2013. Data as of Jan. 20, 2014.
Source: SNL Financial, Charlottesville, Va.
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