Largest Branch Deals Announced in the Second Quarter of 2010
August 10, 2010, 5:53 p.m. EDT 1 Min Read
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Largest Branch Deals Announced in the Second Quarter of 2010
Largest Branch Deals Announced in the Second Quarter of 2010Published August 11, 2010 | ||||||
|---|---|---|---|---|---|---|
| Rank | Seller name | Announced | Branches | Premium to deposits | ||
| Number | Deposits ($000s) | |||||
| 1 | Skowhegan Savings Bank Maine | Border Bancshares Inc. Maine | April 7 | 1 | $22,290 | 5.50 |
| 2 | Bor Bancorp Mo. | First Olathe Bancshares Inc. Kan. | April 9 | 1 | 40,505 | 3.00 |
| 3 | HSB Bancorp Inc. Md. | Bay National Corp. Md. | April 15 | 1 | 21,200 | 1.91 |
| 4 | Integrity Bank SSB Texas | TCB Holding Co. Texas | April 23 | 1 | 85,000 | NA |
| 5 | Jackson Financial Corp. Ky. | Integra Bank Corp. Ind. | April 28 | 3 | 125,000 | 5.30 |
| 6 | Premier Financial Bancorp Inc. W.Va. | Integra Bank Corp. Ind. | April 29 | 4 | 73,400 | 3.38 |
| 7 | People First Bancshares Inc. Ill. | First Citizens of Paris Inc. Ill. | April 30 | 1 | 50,000 | NA |
| 8 | Nicolet Bankshares Inc. Wis. | Anchor BanCorp Wisconsin Inc. | May 4 | 4 | 117,000 | 5.00 |
| 9 | First Mid-Illinois Bancshares Inc. | First Banks Inc. Mo. | May 7 | 10 | 350,000 | 4.77 |
| 10 | Legends Financial Holdings Inc. Tenn. | Americus Financial Services Inc. Ala. | May 10 | 1 | 24,000 | NA |
| 11 | Green Belt Bancorp. Iowa | Liberty Banshares Iowa Inc. | May 12 | 2 | 49,577 | NA |
| 12 | Washco Bancshares Inc. Mo. | DBT Financial Corp. Ark. | May 13 | 1 | 977 | NA |
| 13 | Welch Bancshares Inc. Okla. | Regent Capital Corp. Okla. | May 14 | 1 | 15,000 | NA |
| 14 | Central Bancompany Inc. Mo. | First Olathe Bancshares Inc. Kan. | May 18 | 4 | 155,000 | NA |
| 15 | NEMO Bancshares Inc. Mo. | Young Corp. Mo. | May 21 | 2 | 13,059 | NA |
| 16 | Security State Bank Texas | Legend Bancorp Inc. Texas | June 10 | 1 | 52,276 | NA |
| 17 | Harrell Bancshares Inc. Ark. | Community First Bancshares Inc. Ark. | June 17 | 2 | 113,950 | NA |
| 18 | Spring Bancorp Inc. Ill. | First Banks Inc. Mo. | June 17 | 1 | 30,842 | 4.00 |
| 19 | Ponce De Leon Federal Bank N.Y. | Northeast Community Bancorp Inc. MHC N.Y. | June 24 | 1 | 28,600 | NA |
| 20 | Merchants Financial Group Inc. Minn. | Central Bancshares Inc. Minn. | June 29 | 1 | 22,000 | NA |
Source: Second-quarter data from
SNL Financial
, Charlottesville, Va., aggregated by American Banker© 2010 American Banker