Largest Branch Deals Announced in the Fourth Quarter of 2009
February 10, 2010, 12:34 p.m. EST 1 Min Read
View Table
Printer Friendly Version
Largest Branch Deals Announced in the Fourth Quarter of 2009
Largest Branch Deals Announced in the Fourth Quarter of 2009Published February 11, 2010 | |||||||
|---|---|---|---|---|---|---|---|
| Rank | Seller name | Announced | Branches | Premium to deposits | |||
| Number | Deposits ($000s) | ||||||
| 1 | U.S. Bancorp Minn. | BB&T Corp. N.C. | Oct. 9 | 22 | $800,000 | NA | |
| 2 | FNB Bancshares Inc. Mich. | River Valley Bancorp. Inc. Wis. | Oct. 15 | 1 | 25,393 | NA | |
| 3 | Fountain View Bancorp. Inc. Iowa | Gibson Investment Co. Iowa | Oct. 16 | 3 | 30,211 | NA | |
| 4 | LoLyn Financial Corp. Mo. | Amoret Bancshares Inc. Mo. | Oct. 20 | 1 | 7,822 | NA | |
| 5 | LoLyn Financial Corp. Mo. | Amoret Bancshares Inc. Mo. | Oct. 20 | 1 | 6,974 | NA | |
| 6 | LoLyn Financial Corp. Mo. | Central Bancshares of Kansas City Inc. Mo. | Oct. 20 | 2 | 15,336 | NA | |
| 7 | Cheyenne Banking Corp. Okla. | Midstate Bancorp Inc. Okla. | Oct. 21 | 1 | 16,651 | NA | |
| 8 | Belfield Bancshares Inc. N.D. | BNCCORP Inc. N.D. | Oct. 28 | 1 | 11,038 | 3.15 | |
| 9 | First Community Bancshares Inc. Ark. | Community Bancshares of West Plains Inc. Mo. | Oct. 29 | 1 | 19,689 | NA | |
| 10 | Liberty Bancshares Inc. Mo. | Southwest Missouri Bancshares Inc. | Nov. 10 | 1 | 39,835 | NA | |
| 11 | FirstMerit Corp. Ohio | First Banks Inc. Mo. | Nov. 11 | 24 | 1,194,000 | 3.50 | |
| 12 | Covenant Bancgroup Inc. Ala. | Pinnacle Bancshares Inc. Ala. | Nov. 12 | 2 | 16,975 | NA | |
| 13 | Royal Credit Union Wis. | Anchor BanCorp Wisconsin Inc. | Nov. 13 | 11 | 177,000 | NA | |
| 14 | United Bancshares Inc. Ohio | United Community Financial Corp. Ohio | Nov. 30 | 1 | 27,782 | NA | |
| 15 | Belvedere Capital Partners II LLC Calif. | Outsource Holdings Inc. Texas | Dec. 4 | 1 | 28,205 | NA | |
| 16 | Washington Investment Co. Colo. | Liberty Capital Inc. Ohio | Dec. 15 | 2 | 61,974 | 2.99 | |
| 17 | First State Bancshares Inc. Mo. | Templar Fund Inc. Mo. | Dec. 29 | 2 | 67,041 | NA | |
Source: SNL Financial, Charlottesville, Va.
© 2010 American Banker