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Bank and Thrift Merger Deals Announced in the Third Quarter of 2009

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Bank and Thrift Merger Deals Announced in the Third Quarter of 2009

Bank and Thrift Merger Deals Announced in the Third Quarter of 2009Ranked by price at announcement
Published October 21, 2009

Rank   Seller Announced Completed Price (millions) Price to: Target's assets
Equity 12-mo. Net
1 First Niagara Financial Group Inc. Lockport, N.Y. Harleysville National Corp. Pa. July 26 Pending $239.8 50.62 10.71 $5,646,195
2 Investor group Boston Private Financial Holdings Inc. (1) Sep. 17 Sep. 17 93.0 74.16 NM 1,522,104
3 First American Financial Management Co. Del. Capitol Bancorp Ltd. Lansing, Mich. (2) July 15 Pending 15.9 150.00 19.47 146,645
4 Royal Asian Bancshares Inc. Pa. Royal Bancshares of Pennsylvania Inc. Narberth (3) Sep. 24 Pending 15.2 NA NA 119,129
5 Investor group Texas Enterprise Bank Bryan Sep. 18 Pending 12.0 274.08 NM 64,549
6 Investor group Capitol Bancorp Ltd. Lansing, Mich. (4) July 10 Pending 10.1 160.00 NM 63,139
7 Investor group New York Capitol Bancorp Ltd. Lansing, Mich. (5) July 13 Pending 8.5 150.01 NM 45,390
8 Bank4Texas Holdings Inc. Tomball Northern Bancshares Inc. Chillicothe, Texas Aug. 5 Pending 7.5 93.62 41.21 39,199
9 First Business Bank San Diego 1st Pacific Bancorp San Diego July 16 Pending 7.0 31.21 NM 450,769
10 Management group Capitol Bancorp Ltd. Lansing, Mich. (6) July 8 Pending 5.1 142.01 NM 70,823
11 Artisan Financial Corp. Barrington, Ill. Valley Community Bancorp Inc. St. Charles, Ill. July 10 Pending 2.8 17.20 NM 177,581
12 Banco Sabadell SA Sabadell, Spain Bank of New York Mellon Corp. July 23 Pending NA NA NA 2,371,823
13 Community Trust Financial Corp. Ruston, La. Madison Financial Corp. Miss. Sep. 11 Pending NA NA NA 68,044
14 Edgar County Banc Shares Inc. Paris, Ill. Iroquois Bancorp Inc. Gilman, Ill. (8) Aug. 19 Pending NA NA NA 43,081
15 First Farmers Financial Corp. Converse, Ind. C. B. Bank Shares Inc. Russiaville, Ind. Aug. 13 Pending NA NA NA 54,576
16 First Waterloo Bancshares Inc. Ill. Red Bud Bancorp Inc. Ill. Sep. 18 Pending NA NA NA 105,501
17 Global Consumer Acquisition Corp. New York Service1st Bank of Nevada Las Vegas Sep. 8 Nonbinding intent NA 100.00 NA 204,103
18 Golden Pacific Bancorp Inc. Sacramento Gold Country Financial Services Inc. Marysville, Calif. Aug. 6 Pending NA NA NA 100,935
19 Howard County Land and Cattle Co. St. Paul, Neb. Central Bancorp. Central City, Neb. July 1 Pending NA NA NA 20,944
20 Klein Financial Inc. Chaska, Minn. CommunityOne BancShares Inc. Plymouth, Minn. (9) July 2 Pending NA NA NA 67,065
21 Ladder Capital Finance Holdings LLC New York FirstCity Bank of Commerce North Palm Beach, Fla. July 7 Pending NA NA NA 35,432
22 Linn County Bancshares Inc. Brookfield, Mo. First Missouri Bancshares Inc. Brookfield Sep. 8 Pending NA NA NA 111,541
23 Max Bancorp LLC New York Sandhills Holding Co. Inc. North Myrtle Beach, S.C. Aug. 12 Pending NA NA NA 66,792
24 Meridian Interstate Bancorp Inc. (MHC) East Boston Mt. Washington Co-operative Bank South Boston July 20 Pending NA NA NA 517,675
25 Patriot Bancshares Inc. Houston TCB Holding Co. The Woodlands, Texas (10) Sep. 4 Pending NA NA NA 570,338
26 W. Jeffrey Knowles (private investor) Orem, Utah Centennial Bankshares Inc. Ogden, Utah (11) Sep. 16 Pending NA NA NA 232,936
27 Savings Bank of Mendocino County Ukiah, Calif. Bank of Willits Calif. Aug. 19 Pending NA NA NA 132,353

(

1
) Target is Gibraltar Private Bank and Trust Co. (Coral Gables, Fla.)
(
2
) Target is Community Bank of Rowan (Salisbury, N.C.)
(
3
) Target is Royal Asian Bank (Philadelphia)
(
4
) Target is Bank of Santa Barbara (Calif.)
(
5
) Target is 1st Commerce Bank (North Las Vegas)
(
6
) Target is Bank of Belleville (Ill.)
(
7
) Target is Mellon United National Bank (Miami)
(
8
) Target is First National Bank of Gilman (Ill.)
(
9
) Target is Community Bank Plymouth (Minn.)
(
10
) Target is Texas Community Bank (The Woodlands)

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Data as of Oct. 9, 2009
Source:

SNL Financial
, Charlottesville, Va.
© 2009 American Banker

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