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Bank and Thrift Branch Deals Announced in the Third Quarter of 2012

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Bank and Thrift Branch Deals Announced in the Third Quarter of 2012

Bank and Thrift Branch Deals Announced in the Third Quarter of 2012Ranked by announcement date
Published January 22, 2013

Rank Buyer Target Date of
announcement
Status of
deal
Branches Premium/
deposits
Number sold Deposit sold
($ millions)
1 Opus Bank Irvine, Calif. PacWest Bancorp branches in California July 6 Completed Sep. 21 10 143.0 2.50%
2 First Bank Conroe, Texas JLL Associates G.P. branch in Huntsville, Texas July 7 Pending 1 8.1 NA
3 Apple Financial Holdings Inc. New York New York Private Bank and Trust Corp. branches July 8 Pending 30 3,300.0 NA
4 Bancorp of Okolona Inc. Miss. OmniBank branch in Mantee, Miss. July 9 Pending 1 20.1 1.00
5 East River Bank Philadelphia Tompkins Financial Corp. branch in Philadelphia July 10 Pending 1 5.5 NA
6 Urban Partnership Bank Chicago Northern Trust Corp. branch in Chicago July 11 Pending 1 45.0 NA
7 Mid-America Bankshares Inc. Baldwin City, Kan. Garnett Bancshares Inc. branch in Wellsville, Kan. Aug 3 Pending 1 5.0 NA
8 Peoples Holding Co. Inc. Coldwater, Ohio Mercer Savings Bank branches in Ohio Aug 3 Pending 2 15.3 1.62
9 Everest Bancshares Inc. Kan. JTB Bancshares Inc. branches in Kansas Aug. 6 Pending 2 31.5 NA
10 General Bancshares Inc. Jasper, Tenn. Commerce Bancshares Inc. branches in Tennessee Aug. 9 Pending 4 48.0 3.00
11 First Eldorado Bancshares Inc. Ill. Old National Bancorp branches in Illinois Aug. 14 Pending 2 46.3 1.11
12 Hardin County Bancorp Inc. Rosiclare, Ill. Old National Bancorp branches in Illinois Aug. 14 Pending 2 33.5 0.30
13 Planters Financial Group Inc. Clarksville, Tenn. Old National Bancorp branches in Kentucky Aug. 14 Pending 6 96.0 2.53
14 Old Florida Bancshares Inc. Orlando Floridian Financial Group Inc. branch in Crystal River Aug. 17 Pending 1 44.9 0.00
15 Town & Country Bancshares LLC Guthrie, Okla. First Commercial Bancshares Inc. bramch in Norman, Okla. Aug. 20 Pending 1 13.0 NA
16 MainSource Financial Group Inc. Greensburg, Ind. American Founders Bancorp Inc. branch in Shelbyville, Ky. Aug. 28 Pending 1 37.0 NA
17 Sagebrush Partners LLLP Grand Junction, Colo. Western Community Bancshares Inc. branch in Park City, Utah Aug. 28 Pending 1 35.0 2.00
18 Tristar Bancshares Inc. Dickson, Tenn. Tennessee Central Bancshares Inc. branches Aug. 31 Pending 2 60.1 NA
19 FirstAtlantic Financial Holdings Inc. Jacksonville, Fla. Prosperity Banking Co. branch in Jacksonville, Fla. Sep. 7 Pending 1 16.8 NA
20 Liberty Financial Services of St. Cloud Inc. Minn. Wabasso Bancshares Inc. branch in Sartell, Minn. Sep. 7 Pending 1 5.3 NA
21 Forward Mutual Holding Co. Marshfield, Wis. Central Wisconsin Bancorp. Inc. branches Sep. 14 Pending 3 NA NA
22 First Citizens Bancshares Inc. Dyersburg, Tenn. Community First Inc. branch in Franklin, Tenn. Sep. 17 Pending 1 56.0 4.00
23 Fidelity BancShares (N.C.) Inc. Fuquay-Varina Security Savings Bank SSB branch in Liberty, N.C. Sep. 27 Pending 1 19.6 NA
24 Heritage Oaks Bancorp Paso Robles, Calif. Coast Bancorp branch in Morro Bay, Calif. Sep. 27 Pending 1 30.0 2.20


Includes bank and thrift branch deals from July 1, 2012, through Sept. 31, 2012. Includes terminated deals. Data as of Oct. 15, 2012.

Source:

SNL Financial
, Charlottesville, Va.
© 2013 American Banker

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