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Announcements of Government-Assisted Bank Transactions in 2014

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Announcements of Government-Assisted Bank Transactions in 2014

Announcements of Government-Assisted Bank Transactions in 2014Dollars in millions
Published March 16, 2015

Buyer Target name Date of
announcement
Assets
sold
Deposits
assumed
Franchise
Premium/
Deposits (%)
Republic Bancorp Co. Ill. DuPage National Bank Ill. Jan. 17 $61,662 $59,557 1.20
BancFirst Corp. Okla. Bank of Union Okla. Jan. 24 225,500 302,000 0.00
Sunwest Bank Calif. Syringa Bank Idaho Jan. 31 153,361 145,813 0.75
First Choice Bank N.J. Vantage Point Bank Pa. Feb. 28 63,453 62,472 1.50
WashingtonFirst Bankshares Inc. Va. Millennium Bank Va. Feb. 28 130,305 121,704 1.00
Palmetto State Bankshares Inc. S.C. Allendale County Bank S.C. April 25 51,459 50,955 0.00
Republic Bancorp Co. Ill. AztecAmerica Bank Ill. May 16 58,300 65,031 1.03
Fidelity Federal Bancorp Ind. Columbia Savings Bank Ohio May 23 36,484 29,538 0.00
Bay Bancorp Inc. Md. Slavie Federal Savings Bank MHC Md. May 30 128,400 110,468 0.20
Giant Holdings Inc. Fla. Valley Bank Fla. June 20 81,843 66,541 0.00
Great Southern Bancorp Inc. Mo. Valley Bank Ill. June 20 375,400 356,573 0.00
Grace Investment Co. Inc. Okla. Freedom State Bank Okla. June 27 17,700 20,855 1.00
Community & Southern Holdings Inc. Ga. Eastside Commercial Bank Ga. July 18 104,700 161,620 0.00
Providence Bank LLC Ill. GreenChoice Bank FSB Ill. July 25 67,700 70,974 0.00
Howard Bancorp Inc. Md. NBRS Financial Bank Md. Oct. 17 145,900 143,400 1.19
SBT Bancshares Inc. Texas National Republic Bank of Chicago Ill. Oct. 24 626,100 571,475 0.00
Bank of Southern California Calif. Frontier Bank FSB Calif. Nov. 7 80,736 76,344 1.06
Rivers Ridge Holding Co. Minn. Northern Star Bank Minn. Dec. 19 18,794 18,221 0.00


Source: KBW Research, SNL Datasource
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