Bank and Thrift Deals Completed in the Second Quarter of 2004

July 15, 2004, 10:08 a.m. EDT 1 Min Read

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Bank and Thrift Deals Completed in the Second Quarter of 2004
Ranked by price at completion. Dollars in thousands Published July 15, 2004
			Date		Date		Price at completion to:		Seller's
	Buyer	Seller	Announced	Completed	Announced	Completed	Equity	12-month net	Branches	Assets
1	J.P. Morgan Chase & Co. New York	Bank One Corp. Chicago	1/14/2004	6/30/2004	$59,239,713	$58,725,789	2.33%	14.54%	1,781	$319,590,000
2	Bank of America Corp. Charlotte	FleetBoston Financial Corp.	10/27/2003	4/1/2004	49,604,484	49,241,382	2.63	18.52	1,570	200,235,000
3	Regions Financial Corp. Birmingham, Ala.	Union Planters Corp. Memphis	1/23/2004	6/30/2004	6,008,634	5,687,573	1.81	12.86	717	31,497,964
4	National City Corp. Cleveland	Provident Financial Group Inc. Cincinnati	2/17/2004	6/30/2004	2,094,179	2,055,252	2.11	20.1	65	16,737,631
5	Independence Community Bank Corp. New York	Staten Island Bancorp Inc. New York	11/25/2003	4/12/2004	1,498,248	1,536,388	2.45	N/M	31	7,486,156
6	North Fork Bancorp. Melville, N.Y.	Trust Co. of New Jersey Jersey City	12/16/2003	5/14/2004	725,619	711,993	2.46	37.67	93	4,278,005
7	NewAlliance Bancshares Inc. New Haven, Conn.	Connecticut Bancshares Inc. Manchester	7/16/2003	4/1/2004	616,884	610,858	2.2	21.12	28	2,587,806
8	National City Corp. Cleveland	Allegiant Bancorp Inc. St. Louis	11/20/2003	4/9/2004	489,003	503,412	2.47	21.43	35	2,452,830
9	Webster Financial Corp. Waterbury, Conn.	Firstfed America Bancorp Swansea, Mass.	10/7/2003	5/14/2004	464,527	497,817	2.13	21.49	27	2,556,439
10	Commercial Capital Bancorp Inc. Irvine, Calif.	Hawthorne Financial Corp. El Segundo, Calif.	1/27/2004	6/4/2004	492,841	456,203	2.16	15.57	12	2,744,973
11	BB&T Corp. Winston-Salem, N.C.	Republic Bancshares Inc. St. Petersburg, Fla.	12/2/2003	4/14/2004	437,059	395,133	1.83	38.11	74	2,832,121
12	International Bancshares Corp. Laredo, Tex.	Local Financial Corp. Oklahoma City	1/22/2004	6/18/2004	383,426	380,718	1.96	12.82	52	2,858,648
13	Fifth Third Bancorp Cincinnati	Franklin Financial Corp. Tenn.	7/24/2002	6/11/2004	298,044	317,972	4.47	27.29	9	947,592
14	Provident Bankshares Corp. Baltimore	Southern Financial Bancorp Inc. Warrenton, Va.	11/3/2003	4/30/2004	332,848	312,758	2.65	22.88	29	1,094,388
15	Hanmi Financial Corp. Los Angeles	Pacific Union Bank Los Angeles	12/22/2003	4/30/2004	299,117	311,692	2.82	25.94	12	1,136,849
16	Banknorth Group Inc. Portland, Maine	CCBT Financial Cos. Inc. South Yarmouth, Mass.	12/9/2003	4/30/2004	304,112	283,593	2.44	43.87	37	1,338,233
17	Hibernia Corp. New Orleans	Coastal Bancorp Inc. Houston	12/2/2003	5/12/2004	232,893	232,508	1.57	15.84	47	2,698,359
18	Bank of Montreal Toronto	New Lenox Holding Co. New Lenox, Ill.	2/4/2004	6/1/2004	228,500	228,500	2.97	13.69	7	997,659
19	Fulton Financial Corp. Lancaster, Pa.	Resource Bankshares Corp. Virginia Beach	8/25/2003	4/1/2004	196,673	214,784	3.34	17	7	867,293
20	Susquehanna Bancshares Inc. Lititz, Pa.	Patriot Bank Corp. Pottstown, Pa.	12/11/2003	6/10/2004	205,391	198,054	2.73	23.65	20	1,040,573
21	First Commonwealth Financial Corp. Indiana, Pa.	Great American Federal Pittsburgh	12/12/2003	5/24/2004	186,046	189,318	1.85	28.76	12	904,054
22	Seacoast Financial Services Corp. New Bedford, Mass.	Abington Bancorp Inc. Mass.	10/21/2003	4/29/2004	141,313	182,817	3.02	57.51	19	815,079
23	SouthTrust Corp. Birmingham, Ala.	FloridaFirst Bancorp Inc. Lakeland	2/5/2004	5/14/2004	154,242	154,960	1.42	25.33	19	821,190
24	MB Financial Inc. Chicago	First SecurityFed Financial Inc. Chicago	1/12/2004	5/28/2004	149,913	150,992	1.63	17.49	5	500,523
25	Colonial BancGroup Inc. Montgomery, Ala.	P.C.B. Bancorp Inc. Clearwater, Fla.	12/23/2003	5/18/2004	147,828	148,186	2.95	22.05	16	661,573
26	National Penn Bancshares Inc. Boyertown, Pa.	Peoples First Inc. Oxford, Pa.	12/18/2003	6/10/2004	148,872	135,240	2.65	25.1	12	460,784
27	Lakeland Bancorp Inc. Oak Ridge, N.J.	Newton Financial Corp. N.J.	10/27/2003	6/30/2004	96,999	99,493	2.84	30.24	9	322,347
28	Synovus Financial Corp Columbus, Ga.	Trust One Bank Memphis	12/17/2003	6/1/2004	106,438	97,433	2.98	19.02	6	432,364
29	Banknorth Group Inc. Portland, Maine	Foxborough Savings Bank Mass.	11/25/2003	4/30/2004	89,600	89,600	3.25	57.25	4	248,939
30	First Place Financial Corp. Warren, Ohio	Franklin Bancorp Inc. Southfield, Mich.	11/10/2003	5/28/2004	84,640	77,267	1.61	28.88	6	543,242
31	NewAlliance Bancshares Inc. New Haven, Conn.	Alliance Bancorp of New England Inc. Vernon, Conn.	7/16/2003	4/1/2004	72,073	73,521	2.18	48.69	10	438,548
32	Community Bank System Inc. DeWitt, N.Y.	First Heritage Bank Wilkes Barre, Pa.	1/6/2004	5/14/2004	73,870	60,004	1.67	15.93	3	272,429
33	Union Bankshares Corp. Bowling Green, Va.	Guaranty Financial Corp. Charlottesville, Va.	12/19/2003	5/1/2004	54,273	54,850	2.59	27.63	7	209,360
34	Harleysville National Corp. Pa.	Millennium Bank Malvern, Pa.	10/15/2003	5/3/2004	46,000	45,692	2.47	86.83	5	200,786
35	Independent Bank Corp. Ionia, Mich.	Midwest Guaranty Bancorp Troy, Mich.	2/5/2004	5/20/2004	43,000	42,480	2.25	17.99	6	235,211
36	First Busey Corp. Urbana, Ill.	First Capital Bankshares Inc. Peoria, Ill.	1/6/2004	6/1/2004	41,946	41,946	2.72	25.35	5	218,195
37	CNB Holdings Inc. Alpharetta, Ga.	First Capital Bancorp Inc. Norcross, Ga.	9/24/2003	5/28/2004	33,222	39,354	1.57	20.73	1	439,094
38	First Community Bancorp Rancho Santa Fe, Calif.	Harbor National Bank Newport Beach, Calif.	12/1/2003	4/16/2004	35,500	35,500	2.35	29.34	6	182,630
39	Heartland Financial USA Inc. Dubuque, Iowa	Rocky Mountain Bancorp. Billings, Mont.	2/9/2004	6/2/2004	34,500	35,326	1.69	15.56	8	369,617
40	Cascade Financial Corp. Everett, Wash.	Issaquah Bancshares Inc. Wash.	2/11/2004	6/3/2004	34,422	31,029	3.02	18.46	2	127,607
41	Monarch Community Bancorp Coldwater, Mich.	MSB Financial Inc. Marshall, Mich.	9/2/2003	4/15/2004	25,630	25,376	1.57	17.69	3	94,891
42	United Community Banks Inc. Blairsville, Ga.	Fairbanco Holding Co. Fairburn, Ga.	3/16/2004	6/3/2004	23,632	25,019	1.75	16.27	4	191,660
43	Investor group Ill.	Strategic Capital Bancorp Inc. Champaign, Ill.	1/3/2004	6/2/2004	24,921	24,921	1.59	N/M	1	187,272
44	Northwest Bancorp Inc. Warren, Pa.	Skibo Financial Corp. Carnegie, Pa.	9/11/2003	4/30/2004	22,798	22,798	2.31	73.62	4	155,691
45	Citizens Bank of Frostproof Fla.	American Banking Corp. Lake Wales, Fla.	1/12/2004	6/1/2004	22,615	22,615	2.15	41.35	6	125,216
46	Central Bancompany Inc. Jefferson City, Mo.	Community Bancs of Oklahoma Inc. Tulsa	2/12/2004	5/7/2004	22,075	22,075	3.19	13.02	3	144,997
47	Landmark Bancorp Inc. Manhattan, Kan.	First Kansas Financial Corp. Osawatomie	11/13/2003	4/1/2004	17,911	18,107	1.05	N/M	7	151,380
48	American Community Bancshares Inc. Monroe, N.C.	FNB Bancshares Inc. Gaffney, S.C.	11/5/2003	4/15/2004	15,404	16,345	1.91	25.56	4	76,553
49	Farmers Capital Bank Corp. Frankfort, Ky.	Citizens Bank Georgetown, Ky.	2/13/2004	6/30/2004	14,500	14,500	1.87	N/M	5	79,163
50	Summit Bancshares Inc. Fort Worth, Tex.	ANB Financial Corp. Arlington, Tex.	2/5/2004	5/3/2004	13,779	13,779	2.64	30.22	4	90,074
51	MainSource Financial Group Inc. Greensburg, Ind.	Peoples Financial Corp. Linton, Ind.	12/16/2003	6/7/2004	13,289	13,385	1.18	20.22	7	121,285
52	HGroup Acquisition Co. Dallas	Heritage Bancshares Inc. Terrell, Tex.	1/14/2004	6/28/2004	12,423	12,423	1.57	N/M	2	51,596
53	Fairfield County Bank Corp. Norwalk, Conn.	Bank of Westport Conn.	2/10/2004	6/18/2004	11,187	11,187	1.7	N/M	3	71,856
54	1st United Bancorp Boca Raton, Fla.	First Western Bank Cooper City, Fla.	12/16/2003	4/8/2004	6,600	6,600	1.75	35.87	1	29,271
55	United Security Bancshares Fresno	Taft National Bank Calif.	12/11/2003	4/23/2004	7,098	6,574	1.71	30.89	2	50,393
56	Shore Bancshares Inc. Easton, Md.	Midstate Bancorp Inc. Felton, Del.	11/12/2003	4/1/2004	6,407	5,747	1.83	15.79	2	51,150
57	Wayne Savings Bancshares Inc. Wooster, Ohio	Stebbins Bancshares Inc. Creston, Ohio	10/31/2003	6/1/2004	5,200	5,200	1.57	N/M	1	27,738
58	Patapsco Bancorp Inc. Dundalk, Md.	Parkville Federal Savings Bank Baltimore	11/12/2003	4/1/2004	4,380	4,380	1.25	26.53	4	49,358
59	Larch Bancorp Inc. Larchwood, Iowa	Ellsworth Bancshares Inc. Minn.	2/17/2004	4/30/2004	4,238	4,238	1.18	50.45	1	33,174
60	EuroBancshares Inc. Hato Rey, Puerto Rico	Bank and Trust of Puerto Rico Hato Rey	2/25/2004	4/30/2004	NA	NA	NA	NA	6	576,236
61	Prudential Savings Bank FSB Atlanta	Cigna Bank and Trust Co. Hartford, Conn.	11/17/2003	4/1/2004	NA	NA	NA	NA	1	147,086
62	Happy Bancshares Inc. Canyon, Tex.	Sun Banc Corp. Sunray, Tex.	1/2/2004	4/16/2004	NA	NA	NA	NA	3	122,608
63	National Bankshares Inc. Blacksburg, Va.	Community National Bank Pulaski, Va.	2/3/2004	6/25/2004	NA	NA	NA	NA	2	67,780