Largest Branch Deals Completed in the Second Quarter of 2010
August 10, 2010, 5:55 p.m. EDT 1 Min Read
View Table
Printer Friendly Version
Largest Branch Deals Completed in the Second Quarter of 2010
Largest Branch Deals Completed in the Second Quarter of 2010Published August 11, 2010 | |||||||
|---|---|---|---|---|---|---|---|
| Rank | Seller name | Completed | Announced | Branches | Premium to deposits | ||
| Number | Deposits ($000s) | ||||||
| 1 | First Commercial Bancshares Inc. Okla. | Liberty Capital Inc. Ohio | June 25 | Dec. 7 '09 | 2 | $51,749 | NA |
| 2 | People First Bancshares Inc. Ill. | First Citizens of Paris Inc. Ill. | June 25 | April 30 | 1 | 50,000 | NA |
| 3 | Royal Credit Union Wis. | Anchor BanCorp Wisconsin Inc. | June 25 | Nov. 13 '09 | 11 | 177,000 | 4.50 |
| 4 | Washington Savings Bank Ill. | Centrue Financial Corp. Mo. | June 18 | March 19 | 1 | 21,300 | NA |
| 5 | First Cecilian Bancorp Inc. Ky. | Integra Bank Corp. Ind. | June 11 | February 17 | 2 | 45,000 | 4.60 |
| 6 | Two Rivers Financial Group Inc. Iowa | Ambank Holdings Inc. Iowa | June 4 | February 19 | 2 | 40,000 | NA |
| 7 | United Community Bancorp MHC Ind. | Integra Bank Corp. Ind. | June 4 | February 1 | 3 | 54,400 | 4.50 |
| 8 | HomeBancorp Inc. Fla. | Encore Bancshares Inc. Texas | May 28 | March 15 | 2 | 58,900 | NA |
| 9 | Heritage Financial Group MHC Ga. | PAB Bankshares Inc. Ga. | May 24 | February 23 | 5 | 98,000 | 1.50 |
| 10 | Overbrook Bankshares Inc. Kan. | Garnett Bancshares Inc. Kan. | May 21 | Dec. 11 '09 | 1 | 2,825 | 11.08 |
| 11 | Country Bankers Inc. Minn. | Equity Bank Holding Co. Inc. Minn. | May 20 | Dec. 9 '09 | 1 | 4,576 | NA |
| 12 | Louise Bancshares Inc. Texas | El Campo Bancshares Inc. Texas | May 20 | February 1 | 1 | 20,086 | NA |
| 13 | Pony Express Bancorp Inc. Kan. | JTB Bancshares Inc. Kan. | May 14 | January 22 | 1 | 10,484 | NA |
| 14 | German American Bancorp Inc. Ind. | Farmers State Holding Corp. Ill. | May 10 | February 17 | 2 | 50,000 | NA |
| 15 | Mille Lacs Bancorp. Inc. Minn. | First National Financial Services Inc. Minn. | May 7 | Dec. 21 '09 | 1 | 19,162 | NA |
| 16 | Anheuser-Busch Employees Credit Union Mo. | Stifel Financial Corp. Mo. | April 30 | Dec. 30 '09 | 1 | 18,928 | NA |
| 17 | Bank of Princeton N.J. | Provident Financial Services Inc. N.J. | April 30 | Sep 30 '09 | 1 | 10,500 | 1.00 |
| 18 | Prosperity Bancshares Inc. Texas | First Banks Inc. Mo. | April 30 | February 8 | 19 | 495,100 | 5.50 |
Source: Second-quarter data from
SNL Financial
, Charlottesville, Va., aggregated by American Banker© 2010 American Banker