Bank and Thrift Branch Deals in 2015
February 17, 2016, 12:00 p.m. EST 1 Min Read
View Table
Printer Friendly Version
Bank and Thrift Branch Deals in 2015
Bank and Thrift Branch Deals for 2015Published February 17, 2016 | |||||
|---|---|---|---|---|---|
| Buyer | Target | Date of announcement | Branches | Deposits transferred ($000s) | Franchise premium/ deposits |
| Falcon Bancshares Inc. | Hilltop Holdings Inc. | Jan. 21 | 1 | 52,000 | NA |
| B.P.C. Corp. | Educational Services of America Inc. | Jan. 23 | 1 | 22,229 | NA |
| Royal Bancshares Inc. | Anchor BanCorp Wisconsin Inc. | Jan. 27 | 1 | 12,000 | NA |
| FNB Holding Co. | Sandhills Bancshares Inc. | Jan. 27 | 1 | 22,554 | NA |
| Ameris Bancorp | Bank of America | Jan. 29 | 18 | 866,900 | 3.00 |
| MainSource Financial Group Inc. | Old National Bancorp | Jan. 30 | Assets/Liabilities | 120,000 | 3.42 |
| First Mid-Illinois Bancshares Inc. | Old National Bancorp | Jan. 30 | 12 | 502,000 | 3.62 |
| Buckeye Community Federal Credit Union | Perry Banking Co. | Jan. 30 | 1 | 14,984 | NA |
| Florence BanCorp. Inc. | Baraboo BanCorp. Inc. | Feb. 13 | 1 | 19,436 | NA |
| First BanCorp. | Popular Inc. | Feb. 27 | 10 | 625,395 | 1.60 |
| Home BancShares Inc. | Popular Inc. | Feb. 27 | 5 | 466,000 | 0.00 |
| 1867 Western Financial Corp. | First Banks Inc. | March 20 | 3 | 74,000 | NA |
| Max Bancorp, LLC | HCSB Financial Corp. | March 30 | 3 | 41,000 | 2.50 |
| Cape Bancorp Inc. | Sun Bancorp Inc. | March 31 | 1 | 34,100 | 4.00 |
| Aquesta Financial Holdings Inc. | CertusHoldings Inc. | March 31 | 1 | 10,600 | NA |
| Western Arizona Bancorp Inc. | State Bank Corp. | March 31 | 1 | 17,000 | 4.45 |
| CommunityOne Bancorp | CertusHoldings Inc. | March 31 | Assets/Liabilities | 65,000 | NA |
| Western Arizona Bancorp Inc. | First Fidelity Bancorp Inc. | March 31 | 1 | 14,000 | NA |
| M.S.B. BanCorp. Inc. | Anchor BanCorp Wisconsin Inc. | April 9 | 1 | 13,400 | NA |
| Security California Bancorp | Coöperatieve Centrale Raiffeisen-Boerenleenbank | April 15 | 1 | 53,000 | NA |
| First Dakota Financial Corp. | HF Financial Corp. | April 15 | 1 | 26,311 | 10.82 |
| Jefferson Bankshares Inc. | Tampa Bay Banking Company | April 17 | 1 | 14,000 | NA |
| CenterState Banks Inc. | Commonwealth Savingshares Corp. | April 20 | 1 | 18,500 | 0.54 |
| CommunityBanc Inc. | Community Savings | April 20 | 2 | 17,277 | NA |
| Plumas Bancorp | Coöperatieve Centrale Raiffeisen-Boerenleenbank | April 21 | 1 | 16,000 | NA |
| South State Corp. | Bank of America | April 22 | 13 | 580,000 | 5.50 |
| MVB Financial Corp. | Susquehanna Bancshares Inc. | May 1 | 2 | 69,000 | 1.25 |
| American State Bancshares Inc. | Simmons First National Corp. | May 11 | 3 | 80,000 | 4.00 |
| Aug.a Financial Corp. | Nicolet Bankshares Inc. | May 14 | 2 | 38,000 | NA |
| Isabella Bank Corp. | Independent Bank Corp. | May 19 | 1 | 15,304 | 6.00 |
| Industry Bancshares Inc. | Fayette Savings Bank, SSB | May 19 | 1 | 11,970 | NA |
| Fidelity Southern Corp. | First Banks Inc. | May 20 | 8 | 153,900 | 1.00 |
| Isabella Bank Corp. | Flagstar Bancorp Inc. | May 23 | 1 | 43,000 | 4.50 |
| Community Bancorp Inc. | Commerce Bank and Trust Holding Company | May 26 | 2 | 44,454 | NA |
| F.N.B. Corp. | Bank of America | May 27 | 5 | 275,500 | 2.80 |
| BNC Bancorp | CertusHoldings Inc. | June 1 | Assets/Liabilities | 284,400 | 2.75 |
| City Holding Company | Financial Holdings Inc. | June 1 | 3 | 155,000 | NA |
| Morris State Bancshares Inc. | CertusHoldings Inc. | June 1 | 1 | 61,800 | NA |
| Queensborough Company | CertusHoldings Inc. | June 1 | 2 | 54,339 | NA |
| Community & Southern Holdings Inc. | CertusHoldings Inc. | June 1 | 15 | 764,000 | NA |
| First Palmetto Financial Corp. | South State Corp. | June 1 | 2 | 31,200 | 3.50 |
| Blue Valley Ban Corp. | National Bancorp Holdings Inc. | June 3 | 1 | 40,000 | 0.53 |
| Community Investment Group, Ltd. | First National Bank of Barry | June 3 | 1 | 7,982 | NA |
| Everest Bancshares Inc. | Liberty Bancorp Inc. | June 3 | 1 | 24,011 | NA |
| Extraco Corp. | Broadway Bancshares Inc. | June 10 | 1 | 23,889 | NA |
| Royal Bancshares of Pennsylvania Inc. | First CornerStone Bank | June 16 | 1 | 39,500 | NA |
| Select Bancorp Inc. | Yadkin Financial Corp. | June 19 | 2 | 38,900 | 0.16 |
| PeoplesSouth Bancshares Inc. | Cadence Bancorp, LLC | June 24 | 6 | 220,000 | 0.00 |
| Americas United Bank | Banc of California Inc. | July 6 | 2 | 52,200 | 0.50 |
| Sequatchie Valley Bancshares Inc. | Berkshire Hills Bancorp Inc. | July 9 | 1 | 22,000 | NA |
| Sunshine Bancorp Inc. | First Federal Bancorp MHC | July 17 | Assets/Liabilities | 56,400 | 1.80 |
| Kerndt Bank Services Inc. | Fidelity Company | July 17 | 2 | 28,360 | 4.30 |
| HomeStreet Inc. | SKBHC Holdings | Aug. 4 | 1 | 27,100 | NA |
| Cross County Bancshares Inc. | Commonwealth Savingshares Corp. | Aug. 8 | 3 | 41,993 | NA |
| Entegra Financial Corp. | Arthur Financial Corp. | Aug. 13 | 2 | 42,000 | 2.87 |
| Sword Financial Corp. | Baraboo BanCorp. Inc. | Aug. 13 | 1 | 17,000 | NA |
| Happy Bancshares Inc. | Commerce Bancshares Inc. | Aug. 13 | 1 | 50,000 | NA |
| Weed Investment Group Inc. | Strategic Growth Bancorp Inc. | Aug. 19 | 1 | 31,660 | NA |
| OceanFirst Financial Corp. | Provident Financial Services Inc. | Aug. 24 | 1 | 24,551 | 1.23 |
| Western Bancshares Inc. | Pony Express Bancorp Inc. | Aug. 25 | 1 | 14,000 | 1.96 |
| Covantage Credit Union | Baraboo BanCorp. Inc. | Aug. 25 | 1 | 19,436 | NA |
| MGB Bancshares Inc. | Miles Bancshares Inc. | Aug. 30 | 1 | 9,437 | NA |
| FS Bancorp Inc. | Bank of America | Sept. 1 | 4 | 268,000 | 2.50 |
| F.N.B. Corp. | Fifth Third Bancorp | Sept. 3 | 17 | 383,000 | NA |
| Fidelity BancShares (N.C.) Inc. | First Citizens BancShares Inc. | Sept. 9 | 1 | 44,934 | 1.00 |
| Peoples Tri-County BanCorp. | MidWestOne Financial Group Inc. | Sept. 11 | 1 | 35,000 | NA |
| Great Southern Bancorp Inc. | Fifth Third Bancorp | Sept. 30 | 12 | 260,258 | 3.70 |
| Magnolia Bancshares Inc. | Citizens Union Bancorp of Shelbyville Inc. | Oct. 7 | 1 | 13,216 | NA |
| Community Bancshares of West Plains Inc. | Great Southern Bancorp Inc. | Oct. 9 | 1 | 14,000 | NA |
| Seacoast Banking Corp. of Florida | Bank of Montreal | Oct. 15 | 14 | 355,400 | 3.00 |
| Citizens Community Bancorp Inc. | MidWestOne Financial Group Inc. | Oct. 15 | Assets/Liabilities | 30,000 | NA |
| Preferred Community Bank | Reliance Bancshares Inc. | Oct. 18 | 1 | 13,600 | NA |
| Green Belt BanCorp. | Northwest Financial Corp. | Oct. 26 | 1 | 19,000 | NA |
| Cascade Bancorp | Bank of America | Oct. 28 | 15 | 707,000 | 2.00 |
| Bank of Commerce Holdings | Bank of America | Oct. 28 | 5 | 258,000 | 2.83 |
| TriCo Bancshares | Bank of America | Oct. 28 | 3 | 245,000 | 1.91 |
| Bi-Stone Bancshares Inc. | Allegiance Bancshares Inc. | Nov. 5 | 2 | 27,100 | NA |
| JamesMark Bancshares Inc. | Great Southern Bancorp Inc. | Nov. 6 | 1 | 8,000 | NA |
| HMN Financial Inc. | Deerwood Bancshares Inc. | Nov. 19 | Assets/Liabilities | 30,000 | 5.00 |
| Lake Bank Shares Inc. | Deerwood Bancshares Inc. | Nov. 19 | 1 | 10,812 | NA |
| Queensborough Company | Atlantic Coast Financial Corp. | Nov. 20 | 1 | 18,280 | NA |
| Hartland Financial Inc. | Your Community Bankshares Inc. | Dec. 7 | 1 | 28,635 | 1.77 |
| Central Texas Financial Corp. | Carlile Bancshares Inc. | Dec. 9 | 1 | 7,499 | NA |
| Athens Bancshares Corp. | Atlantic Capital Bancshares Inc. | Dec. 17 | 4 | 104,000 | 3.50 |
| First Freedom Bancshares Inc. | Atlantic Capital Bancshares Inc. | Dec. 17 | 3 | 116,000 | NA |
| Pinnacle Financial Corp. | First Covenant Bank | Dec. 30 | 1 | 40,000 | NA |
Source: SNL Financial, Charlottesville, Va.
© 2016 American Banker