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Bank and Thrift Deals Completed in the Fourth Quarter of 2004

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Bank and Thrift Deals Completed in the Fourth Quarter of 2004

Bank and Thrift Deals Completed in the Fourth Quarter of 2004
Ranked by price at closing. Dollars in thousands
Published January 20, 2005
Related Table: Top 10 in Price at Closing to Equity/Price to 12-month Net
Rank Buyer Seller Date Date Price at closing to: Seller's
Announced Completed Announced At closing Equity 12-month net Branches Assets
1 Wachovia Corp. Charlotte SouthTrust Corp. Birmingham, Ala. June 21 Nov. 1 $14,266,628 $14,983,643 3.27 19.79 708 $52,910,368
2 SunTrust Banks Inc. Atlanta National Commerce Financial Corp. Memphis May 09 Oct. 1 7,025,030 7,308,784 2.57 20.31 483 24,044,117
3 North Fork Bancorp. Melville, N.Y. GreenPoint Financial Corp. New York Feb. 16 Oct. 1 6,272,304 6,334,424 3.15 13.73 86 25,955,000
4 BancWest Corp. Honolulu Community First Bankshares Fargo March 16 Nov. 1 1,216,815 1,218,464 3.44 16.79 156 5,574,395
5 Associated Banc-Corp. Green Bay, Wis. First Federal Capital Corp. La Crosse, Wis. April 28 Oct. 29 613,689 761,639 2.62 20.47 61 3,684,746
6 Centennial Bank Holdings Inc. Eaton, Colo. Guaranty Corp. Denver Sept. 1 Dec. 31 365,000 365,000 3.33 26.27 16 1,408,924
7 UnionBanCal Corp. San Francisco Jackson Federal Bank Brea, Calif. July 02 Oct. 28 305,000 306,400 1.41 12.07 16 1,907,521
8 BancWest Corp. Honolulu USDB Bancorp Stockton, Calif. April 27 Nov. 1 244,985 244,985 2.61 19.49 21 1,128,350
9 KeyCorp Cleveland EverTrust Financial Group Inc. Everett, Wash. June 25 Oct. 15 194,480 195,521 1.95 24.93 14 769,020
10 National City Corp. Cleveland Wayne Bancorp Inc. Wooster, Ohio June 04 Oct. 5 181,883 181,435 1.84 19.47 26 811,017
11 Omega Financial Corp. State College, Pa. Sun Bancorp Inc. Lewisburg, Pa. April 20 Oct. 1 181,989 177,511 2.07 32.05 25 1,045,677
12 Southwest Bancorp. of Texas Houston Klein Bancshares Inc. Spring, Tex. May 20 Oct. 1 165,000 165,000 3.46 18.53 27 596,703
13 Bank of Montreal Toronto Mercantile Bancorp Inc. Hammond, Ind. Oct. 13 Dec. 30 157,971 157,971 1.85 31.54 18 794,114
14 Provident Bancorp Inc. Montebello, N.Y. Warwick Community Bancorp Inc. N.Y. March 16 Oct. 1 153,403 153,895 2.17 NM 11 717,953
15 Fulton Financial Corp. Lancaster, Pa. First Washington FinancialCorp. Windsor, N.J. June 14 Dec. 31 123,411 146,562 3.62 25.80 16 486,317
16 MAF Bancorp Inc. Clarendon Hills, Ill. Chesterfield Financial Corp. Chicago June 05 Oct. 31 128,454 127,833 1.62 61.09 3 362,241
17 MidCountry Financial Corp. Macon, Ga. FSF Financial Corp. Hutchinson, Minn. May 14 Nov. 1 89,173 89,295 1.62 19.24 13 510,809
18 F.N.B. Corp. Hermitage, Pa. Slippery Rock Financial Corp. Pa. May 06 Oct. 8 78,943 86,008 2.90 NM 9 330,096
19 Capital City Bank Group Inc. Tallahassee, Fla. Farmers and Merchants Bank Dublin, Ga. May 13 Oct. 15 66,545 66,511 2.22 5.84 3 403,370
20 First Banks Inc. Clayton, Mo. Hillside Investors Ltd. Ill. Aug. 13 Nov. 30 62,000 62,000 1.30 NM 16 1,325,661
21 Sky Financial Group Inc. Bowling Green, Ohio Prospect Bancshares Inc. Worthington, Ohio Sept. 15 Nov. 30 46,900 51,600 2.90 19.58 4 202,344
22 Placer Sierra Bancshares Sacramento First Financial Bancorp Lodi, Calif. Sept. 8 Dec. 10 51,000 51,000 2.11 23.47 9 333,265
23 Columbia Banking System Inc. Tacoma Bank of Astoria Ore. June 07 Oct. 1 46,975 50,308 3.30 20.90 5 154,507
24 Sterling Financial Corp. Lancaster, Pa. Pennsylvania State Banking Co. Camp Hill June 14 Dec. 2 44,245 47,287 2.93 44.27 6 209,215
25 Park National Corp. Newark, Ohio First Federal Bancorp Inc. Zanesville, Ohio Aug. 3 Dec. 31 45,937 46,392 1.88 26.78 7 258,395
26 United Community Banks Inc. Blairsville, Ga. Liberty National Bancshares Inc. Conyers, Ga. Aug. 26 Dec. 2 37,440 44,618 3.49 NM 3 179,362
27 Texas United Bancshares Inc. La Grange, Tex. GNB Bancshares Inc. Gainesville, Tex. April 29 Oct. 1 44,726 44,040 2.27 77.40 7 223,635
28 First Community Corp. Lexington, S.C. DutchFork Bancshares Inc. Newberry, S.C. April 13 Oct. 1 50,884 42,150 1.36 30.15 4 202,889
29 Wintrust Financial Corp. Lake Forest, Ill. Town Bankshares Ltd. Delafield, Wis. June 14 Oct. 15 41,438 41,247 2.15 20.69 2 237,983
30 Liberty Bancshares Inc. Jonesboro, Ark. Arkansas State Bancshares Inc. Siloam Springs June 25 Oct. 4 39,663 39,663 1.55 34.22 5 171,359
31 Parkvale Financial Corp. Monroeville, Pa. Advance Financial Bancorp Wellsburg, W.Va. Sept. 1 Dec. 31 38,122 37,733 1.62 15.19 6 313,553
32 Leesport Financial Corp. Wyomissing, Pa. Madison Bancshares Group Ltd. Blue Bell, Pa. April 16 Oct. 1 41,366 35,623 2.12 21.95 10 215,626
33 BancorpSouth Inc. Tupelo, Miss. Business Holding Corp. Baton Rouge, La. Sept. 17 Dec. 31 34,400 35,495 2.41 24.23 1 163,818
34 Webster Financial Corp. Waterbury, Conn. First City Bank New Britain, Conn. July 19 Dec. 3 33,125 34,524 2.42 17.71 4 187,217
35 Boston Private Financial Holdings Boston Encino State Bank Calif. June 15 Oct. 1 33,099 33,099 2.75 36.49 3 188,915
36 First Citizens Banc Corp. Sandusky, Ohio FNB Financial Corp. Shelby, Ohio March 04 Oct. 8 35,464 32,022 1.27 NM 8 201,040
37 American River Bankshares Sacramento Bank of Amador Jackson, Calif. July 09 Dec. 3 32,026 31,339 1.99 14.94 3 129,009
38 BancorpSouth Inc. Tupelo, Miss. Premier Bancorp Inc. Brentwood, Tenn. Sept. 17 Dec. 31 30,300 31,103 3.42 26.56 1 150,802
39 Community Bancorp Inc. Escondido, Calif. Cuyamaca Bank Santee, Calif. June 28 Oct. 1 25,883 27,021 2.71 29.04 4 116,751
40 MidSouth Bancorp Inc. Lafayette, La. Lamar Bancshares Inc. Beaumont, Tex. May 27 Oct. 1 22,706 23,928 1.87 12.37 6 109,586
41 Franklin Bank Corp. Houston Cedar Creek Bancshares Inc. Seven Points, Tex. Sept. 7 Dec. 3 24,000 23,617 2.07 18.64 5 104,922
42 BBVA Bancomer Financial Holdings Inc. San Juan, Puerto Rico Valley Bank Moreno Valley, Calif. May 24 Oct. 8 16,700 16,700 1.89 28.34 4 91,919
43 Intermountain Community Bancorp Sandpoint, Idaho Snake River Bancorp Inc. Twin Falls, Idaho July 25 Nov. 2 17,107 16,561 2.29 25.84 3 78,055
44 Dearborn Bancorp Inc. Mich. Bank of Washtenaw Saline, Mich. July 16 Oct. 29 15,000 15,100 2.11 NM 1 72,902
45 Croghan Bancshares Inc. Fremont, Ohio Custar State Bank Ohio Aug. 11 Dec. 31 13,894 13,894 1.51 18.70 1 52,910
46 First Financial Bankshares Inc. Abilene, Tex. Southwestern Bancshares Inc. Glen Rose, Tex. Sept. 7 Dec. 1 13,398 13,398 2.86 10.17 2 47,318
47 United Community Banks Inc. Blairsville, Ga. Eagle National Bank Stockbridge, Ga. Aug. 3 Nov. 1 12,438 12,438 2.06 NM 2 64,113
48 MIVI Acquisition Corp. Minn. Mississippi View Holding Co. Little Falls, Minn. Aug. 6 Dec. 14 12,327 12,327 1.23 7.44 1 75,448
49 Central Valley Community Bancorp Clovis, Calif. Bank of Madera County Oakhurst, Calif. July 19 Dec. 31 12,390 12,306 2.61 20.68 2 61,914
50 ABC Bancorp Moultrie, Ga. Citizens Bancshares Inc. Crawfordville, Fla. May 18 Nov. 30 11,750 11,515 2.46 28.79 4 58,696
51 First National Bankshares of Florida Inc. Naples First Bradenton Bank Fla. June 30 Nov. 30 8,314 10,019 2.03 24.08 1 63,935
52 IB Bancshares Inc. McKinney, Tex. Coupland State Bank Tex. Oct. 5 Dec. 31 7,500 7,500 1.31 54.35 3 57,446
53 Vision Bancshares Inc. Gulf Shores, Ala. BankTrust of Florida Wewahitchka, Fla. Feb. 27 Oct. 15 7,500 7,500 1.23 25.00 3 52,449
54 First Federal Bank of Louisiana Lake Charles First Allen Parish Bancorp Inc. Oakdale, La. June 17 Nov. 1 6,586 6,586 1.45 19.83 1 49,529
55 Gulf Atlantic Financial Group Inc. Tallahassee, Fla. First National Bank Tarpon Springs, Fla. Oct. 22 Oct. 20 6,000 6,000 1.98 NM 1 24,956
56 Oak Hill Financial Inc. Jackson, Ohio Ripley National Bank Ohio July 20 Oct. 9 5,500 5,500 1.20 NM 2 56,154
57 Texas Country Bancshares Brady Clarity Holdings Inc. White Plains, N.Y. May 27 Nov. 2 5,080 5,080 1.25 NM 1 43,831
58 Premier Holdings Ltd. Rock Valley, Iowa State Bank of Hudson S.D. May 19 Oct. 1 4,471 4,547 1.54 15.31 1 19,002
59 Heritage Bancshares Group Inc. Willmar, Minn. Raymond Bancshares Inc. Minn. Aug. 2 Oct. 8 3,100 3,100 1.60 8.49 1 23,548
60 Cass Information Systems Inc. Bridgeton, Mo. Franklin Bank of California Orange Aug. 11 Nov. 24 2,720 2,720 1.45 NM 1 1,982
61 Bancorp Inc. Wilmington, Del. Bancorp Bank Wilmington, Del. July 19 Dec. 22 NA NA NA NA 2 357,828
62 Bank Holdings Inc. Reno CNA Trust Corp. Costa Mesa, Calif. Aug. 23 Nov. 23 NA NA NA NA 1 194,069
63 Great Western Bancorp. Inc. Omaha Oak Bancorp. Oakland, Iowa May 24 Nov. 5 NA NA NA NA 3 90,774
64 IB Bancshares Inc. McKinney, Tex. First Celina Corp. Tex. Oct. 25 Dec. 31 NA NA NA NA 4 89,796
65 American Bancorp. St. Paul Americana Capital Corp. Albert Lea, Minn. July 29 Nov. 20 NA NA NA NA 3 80,309
66 Security State Corp. Centralia, Wash. HCB Bancorp Inc. Raymond, Wash. July 01 Dec. 2 NA NA NA NA 4 49,614
67 Illinois National Bancorp Springfield Riverton Community Bank Ill. Aug. 6 Oct. 29 NA NA NA NA 1 34,292
68 Midwest Banco Corp. Cozad, Neb. Eustis Bancshares Inc. Neb. Sept. 1 Nov. 19 NA NA NA NA 1 29,350

Source: Highline Banking Data Services (877-305-6657)

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