Announcements of Government-Assisted Bank Transactions in the First Quarter of 2013
June 13, 2013, 3:07 p.m. EDT 1 Min Read
View Table
Printer Friendly Version
Announcements of Government-Assisted Bank Transactions in the First Quarter of 2013
Announcements of Government-Assisted Bank Transactions in the First Quarter of 2013Dollars in millions | ||||||
|---|---|---|---|---|---|---|
| Rank | Buyer | Target | Date of announcement | Assets sold | Deposits assumed | Premium / deposits |
| 1 | Western Acquisitions LLC Washington, D.C. | Westside Community Bank University Place, Wash. | Jan. 11 | $97.7 | $96.5 | 1.04% |
| 2 | McLeod Bancshares Inc. Shorewood, Minn. | 1st Regents Bank Andover, Minn. | Jan. 18 | 50.2 | 49.1 | 2.00 |
| 3 | Liberty Financial Services Inc. New Orleans | Covenant Bank Chicago | Feb. 15 | 58.4 | 51.7 | - |
| 4 | Heritage Financial Group Inc. Albany, Ga. | Frontier Bank LaGrange, Ga. | March 8 | 199.0 | 224.1 | - |
Source: SNL Financial, Charlottesville, Va.
© 2013 American Banker