Bank and Thrift Merger Deals Completed in the Fourth Quarter of 2005
December 04, 2012, 9:55 p.m. EST 1 Min Read
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Bank and Thrift Merger Deals Completed in the Fourth Quarter of 2005
Bank and Thrift Merger Deals Completed in the Fourth Quarter of 2005Ranked by price at closing | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rank | Buyer | Seller | Date | Price (millions) | Price at closing to: | Seller's | ||||
| Announced | Completed | Announced | At closing | Equity | 12-month net | Branches | Assets (000) | |||
| 1 | Capital One Financial Corp. McLean, Va. | Hibernia Corp. New Orleans | March 7 | Nov. 16 | $4,977.4 | $4,949.8 | 2.44 | 26.87 | 298 | $23,192,528 |
| 2 | Zions Bancorp. Salt Lake City, Utah | Amegy Bancorp Inc. Houston | July 5 | Dec. 5 | 1,709.7 | 1,745.2 | 2.83 | 23.3 | 82 | 7,894,371 |
| 3 | BNP Paribas Group Paris | Commercial Federal Corp. Omaha, Neb. | June 13 | Dec. 2 | 1,339.2 | 1,339.2 | 1.78 | NM | 198 | 10,164,524 |
| 4 | Associated Banc-Corp. Green Bay, Wis. | State Financial Services Corp. Milwaukee | March 21 | Oct. 3 | 276.3 | 263.9 | 2.21 | 18.44 | 29 | 1,537,009 |
| 5 | Boston Private Financial | Commercial Federal Corp. Coral Gables, Fla. | April 18 | Oct. 1 | 242.4 | 259.9 | 3.47 | 21.91 | 5 | 1,037,782 |
| 6 | FLAG Financial Corp. Atlanta | First Capital Bancorp Inc. Norcross, Ga. | May 26 | Nov. 21 | 135.2 | 138.6 | 2.25 | 26.23 | 4 | 672,425 |
| 7 | Commerce Bancorp Inc. Cherry Hill, N.J. | Palm Beach County Bank West Palm Beach, Fla. | July 25 | Dec. 5 | 113.0 | 116.8 | 5.21 | NM | 1 | 373,279 |
| 8 | Cullen/Frost Bankers Inc. San Antonio | Horizon Capital Bank Houston | April 19 | Oct. 7 | 107.2 | 112.6 | 3.08 | 27.49 | 6 | 395,274 |
| 9 | Centennial Bank Holdings Inc. Denver | First Mainstreet Financial Longmont, Colo. | Dec. 20, ’04 | Oct. 1 | 105.0 | 105.0 | 2.06 | 23.99 | 6 | NA |
| 10 | BMO Financial Group Montreal | Edville Bankcorp Inc. Villa Park, Ill. | July 7 | Dec. 1 | 65.5 | 65.5 | 2.76 | 17.35 | 2 | 288,307 |
| 11 | North American Bancshares Inc. Sherman, Texas | State Bank and Trust of Seguin Texas | Aug. 8 | Nov. 22 | 63.5 | 63.5 | 1.56 | 31.17 | 7 | 273,648 |
| 12 | New York Community Bancorp Westbury | Long Island Financial Corp. Islandia, N.Y. | Aug. 1 | Dec. 30 | 69.8 | 62.9 | 2.33 | 20.59 | 12 | 532,753 |
| 13 | State National Bancshares Inc. Fort Worth, Texas | Heritage Financial Corp. Granbury, Texas | May 17 | Oct. 6 | 53.5 | 53.5 | 2.78 | 36.01 | 4 | 237,408 |
| 14 | BancorpSouth Inc. Tupelo, Miss. | American State Bank Corp. Jonesboro, Ark. | Aug. 10 | Nov. 30 | 50.0 | 50.0 | 2.26 | 25.08 | 11 | 343,323 |
| 15 | First Community Bancorp Rancho Santa Fe, Calif. | Pacific Liberty Bank Huntington Beach, Calif. | June 9 | Oct. 7 | 41.8 | 41.6 | 2.49 | 14.43 | 2 | 151,231 |
| 16 | Texas United Bancshares Inc. La Grange | Gateway Holding Co. Inc. Dallas | May 2 | Dec. 1 | 41.5 | 41.5 | 3.32 | 38.59 | 7 | 221,351 |
| 17 | Security Bank Corp. Macon, Ga. | Rivoli Bancorp Inc. Macon, Ga. | Sept. 9 | Dec. 31 | 40.5 | 40.5 | 3.13 | 30.99 | 3 | 212,688 |
| 18 | UCBH Holdings Inc. San Francisco | Pacifica Bancorp Inc. Bellevue, Wash. | May 23 | Nov. 1 | 40.8 | 40.5 | 2.34 | 18.93 | 2 | 177,902 |
| 19 | Farmers Capital Bank Corp. Frankfort, Ky. | Citizens Bancorp Inc. Newport, Ky. | July 1 | Dec. 6 | 39.1 | 39.1 | 2.4 | 22.08 | 6 | 185,816 |
| 20 | Pacific Continental Corp. Eugene, Ore. | NWB Financial Corp. Seattle | Aug. 17 | Nov. 30 | 39.2 | 39.0 | 2.21 | 25 | 2 | 143,407 |
| 21 | MetroCorp Bancshares Inc. Houston | First United Bank San Diego | June 7 | Oct. 5 | 37.4 | 37.4 | 2.74 | 20.65 | 3 | 174,130 |
| 22 | ABC Bancorp Moultrie, Ga. | First National Banc Inc. St. Marys, Ga. | June 30 | Dec. 16 | 34.7 | 34.8 | 2.03 | 72.42 | 5 | 269,540 |
| 23 | Peoples Community Bancorp Inc. West Chester, Ohio | PFS Bancorp Inc. Aurora, Ind. | May 4 | Dec. 16 | 34.7 | 34.7 | 1.67 | 37.08 | 3 | 130,899 |
| 24 | Citizens South Banking Corp. Gastonia, N.C. | Trinity Bank Monroe, N.C. | May 25 | Oct. 31 | 35.4 | 34.3 | 2.5 | 16.69 | 3 | 163,430 |
| 25 | UCBH Holdings Inc. San Francisco | Asian American Bank and Trust Co. Boston | Aug. 2 | Nov. 29 | 34.5 | 34.0 | 1.93 | 61.15 | 3 | 130,301 |
| 26 | Western Illinois Bancshares | Midwest Bank of Western Illinois Monmouth | May 31 | Oct. 4 | 30.0 | 30.0 | 1.39 | 15.38 | 6 | 282,623 |
| 27 | Coastal Banking Co. Beaufort, S.C. | First Capital Bank Holding Corp. Fernandina Beach, Fla. | April 6 | Oct. 3 | 23.8 | 28.5 | NA | NA | 2 | 161,230 |
| 28 | Frandsen Financial Corp. Arden Hills, Minn. | QCF Bancorp Inc. Virginia, Minn. | July 29 | Oct. 13 | 28.1 | 28.1 | 1.95 | 9.89 | 2 | 169,661 |
| 29 | Centennial Bank Holdings Inc. Denver | Foothills Bank Wheat Ridge, Colo. | June 24 | Nov. 1 | 27.5 | 27.5 | 2.55 | 29.7 | 3 | 126,424 |
| 30 | FirstBank Corp. Alma, Mich. | Bridgeport Financial Corp. Kalamazoo, Mich. | May 11 | Oct. 1 | 26.6 | 26.7 | 2.33 | 33.79 | 4 | 157,427 |
| 31 | SCBT Financial Corp. Columbia, S.C. | Sun Bancshares Inc. Murrells Inlet, S.C. | July 21 | Nov. 18 | 26.9 | 25.6 | 2.79 | 55.47 | 2 | 100,083 |
| 32 | Glacier Bancorp Inc. Kalispell, Mont. | Thompson Falls Holding Co. Mont. | July 14 | Oct. 31 | 22.0 | 23.5 | 1.64 | 12.98 | 3 | 157,775 |
| 33 | Whitaker Bank Corp. of Kentucky Lexington | Berea National Bank Ky. | Oct. 26 | Dec. 29 | 23.0 | 23.0 | 2.45 | NM | 4 | 86,726 |
| 34 | FNB Corp. Asheboro, N.C. | United Financial Inc. Graham, N.C. | May 9 | Nov. 4 | 24.7 | 22.6 | 2.06 | 56.48 | 3 | 150,133 |
| 35 | Interchange Financial Services Saddle Brook, N.J. | Franklin Bank Nutley, N.J. | June 23 | Oct. 13 | 25.3 | 22.1 | 2.03 | 14.12 | 1 | 91,949 |
| 36 | First Financial Bankshares Abilene, Texas | Bridgeport Financial Corp. Texas | Aug. 10 | Dec. 1 | 20.3 | 20.3 | 2.2 | 11.41 | 3 | 142,853 |
| 37 | LSB Financial Laconia, N.H. | Village Financial Corp. Gilford, N.H. | April 6 | Oct. 3 | 18.4 | 18.4 | 2.03 | 24.62 | 1 | 77,072 |
| 38 | F.N.B. Corp. Hermitage, Pa. | North East Bancshares Inc. North East, Pa. | April 25 | Oct. 7 | 15.5 | 15.5 | 2.27 | NM | 4 | 64,961 |
| 39 | Sky Financial Group Inc. Bowling Green, Ohio | Falls Bank Stow, Ohio | June 21 | Nov. 29 | 12.9 | 12.9 | 1.71 | NM | 1 | 80,348 |
| 40 | Northwest Bancorp Inc. Warren, Pa. | Equinox Financial Corp. Pembroke Pines, Fla. | May 25 | Oct. 21 | 11.8 | 11.8 | 2.04 | NM | 2 | 93,650 |
| 41 | Rurban Financial Corp. Defiance, Ohio | Exchange Bancshares Inc. Luckey, Ohio | April 13 | Dec. 31 | 12.9 | 11.8 | 1.54 | NM | 5 | 82,216 |
| 42 | BancFirst Corp. Oklahoma City | Park State Bank Nicoma Park, Okla. | Oct. 24 | Dec. 13 | 11.0 | 11.1 | 1.38 | 18.84 | 1 | 44,126 |
| 43 | PSB Bancorp Francesville, Ind. | Oxford Bank Corp. Ind. | June 15 | Nov. 21 | 10.9 | 10.9 | NA | NM | 3 | 69,184 |
| 44 | First Banks Inc. St. Louis | Northway State Bank Grayslake, Ill. | April 27 | Oct. 31 | 8.6 | 8.6 | 1.68 | 38.1 | 1 | 48,755 |
| 45 | Cowlitz Bancorp. Longview, Wash. | AEA Bancshares Inc. Seattle | May 3 | Oct. 31 | 7.0 | 7.9 | 0.69 | NM | 1 | 89,587 |
| 46 | Prosperity Bancshares Inc. Houston | Grapeland Bancshares Inc. Texas | Sept. 12 | Nov. 30 | 7.3 | 7.1 | 1.88 | 52.21 | 2 | 72,287 |
| 47 | German American Bancorp Jasper, Ind. | PCB Holding Co. Tell City, Ind. | May 23 | Oct. 3 | 6.4 | 6.4 | 1.25 | 43.76 | 2 | 35,200 |
| 48 | Central Community Corp. Temple, Texas | First National Bank of Hamilton Texas | June 14 | Oct. 13 | 6.0 | 6.0 | 2.07 | 25.36 | 2 | 37,027 |
| 49 | Capitol Bancorp Ltd. Lansing, Mich. | Bank of Las Vegas | Oct. 5 | Nov. 30 | 5.6 | 5.6 | 1.54 | 18.12 | 1 | 75,164 |
| 50 | Highlands Bankshares Inc. Petersburg, W.Va. | National Bank of Davis W.Va. | Aug. 22 | Oct. 31 | 5.2 | 5.2 | 3.01 | 56.52 | 2 | 25,028 |
| 51 | First BancTrust Corp. Paris, Ill. | Rantoul First Bank SB Ill. | April 18 | Oct. 3 | 4.2 | 4.2 | 1.7 | 21 | 1 | 29,504 |
| 52 | Main Banc Inc. Albuquerque, N.M. | Interamerica Bank Albuquerque, N.M. | June 7 | Oct. 31 | 3.8 | 3.8 | 1.3 | 35.68 | 2 | 28,380 |
| 53 | Woori Financial Group Seoul | South Coast Commercial Bank Irvine, Calif. | Sept. 14 | Dec. 5 | 1.0 | 1.0 | NA | NA | 2 | NA |
| 54 | American State Financial Corp. Lubbock, Texas | Cisco Bancshares Inc. Texas | July 20 | Oct. 28 | NA | NA | NA | NA | 1 | 40,134 |
| 55 | Bank of Choice Holding Co. Evans, Colo. | Colonial Bancorp Aurora, Colo. | May 5 | Nov. 1 | NA | NA | NA | NA | 7 | 187,508 |
| 56 | Beneficial Savings Bank Philadelphia | Northwood Savings Bank Philadelphia | June 6 | Nov. 10 | NA | NA | NA | NA | 1 | 9,253 |
| 57 | BlackRidge Financial Fargo, N.D. | Valley Bancshares Inc. Nisswa, Minn. | Nov. 15 | Nov. 15 | NA | NA | NA | NA | 6 | 89,152 |
| 58 | Broadway Bancshares Inc. San Antonio | Balcones Bank SSB San Marcos, Texas | May 9 | Nov. 4 | NA | NA | NA | NA | 4 | 103,444 |
| 59 | Clayco Banc Corp. Claycomo, Mo. | De Soto Bancshares Inc. Kan. | Aug. 19 | Oct. 24 | NA | NA | NA | NA | 1 | 34,085 |
| 60 | Community Investment Group Ltd. Havana, Ill. | San Jose Tri-County Bank Ill. | July 26 | Nov. 30 | NA | NA | NA | 32.88 | 7 | 5,877 |
| 61 | CTB Financial Corp. Ruston, La. | First United Bank Farmerville, La. | Sept. 23 | Dec. 16 | NA | NA | NA | NA | 3 | 105,424 |
| 62 | F.S. Bancorp LaGrange, Ind. | First National Bank of Fremont Ind. | July 19 | Nov. 1 | NA | NA | NA | NA | 7 | 103,777 |
| 63 | Newport Federal Savings Bank R.I. | Westerly Savings Bank R.I. | April 9 | Oct. 17 | NA | NA | NA | NA | 2 | 77,497 |
| 64 | North Shore Bank FSB Brookfield, Wis. | Illinois State Bank of Lake in the Hills | June 29 | Nov. 30 | NA | NA | NA | NA | 1 | 132,805 |
| 65 | Santa Fe Trail Banc Shares Sublette, Kan. | Peoples State Bank of Minneola, Kansas | Sept. 23 | Nov. 18 | NA | NA | NA | NA | 1 | 12,283 |
Source: SNL Financial, Charlottesville, Va.
© 2006 American Banker