M&A

Top 150 Bank Merger Deals Announced in 2000

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Top 150 Bank Merger Deals Announced in 2000

Top 150 Bank Merger Deals Announced in 2000Ranked by price at announcement

Rank Buyer Target Announcement date Completion date
or status
Price
($000)
Price to: Target's: Assets ($000)
Equity 12-mo. net income No. of employees No. of branches Buyer Target
1 Chase Manhattan Corp. New York J.P. Morgan & Co. New York Sept. 13 Dec. 31 $34,464,551 2.7 14.98 15,988 3 $396,045,000 $266,323,000
2 Firstar Corp. Milwaukee U.S. Bancorp Minneapolis Oct. 4 Pending 21,199,357 2.6 13.74 29,047 1,007 74,506,369 86,349,000
3 FleetBoston Financial Corp. Boston Summit Bancorp Princeton, N.J. Oct. 1 Pending 6,990,720 2.28 13.88 9,024 500 179,093,000 39,464,998
4 Fifth Third Bancorp Cincinnati Old Kent Financial Corp. Grand Rapids, Mich. Nov. 20 Pending 4,947,005 3.08 20.38 8,676 340 44,395,900 22,518,600
5 Wells Fargo & Co. San Francisco First Security Corp. Salt Lake City April 10 Oct. 25 2,778,512 1.57 11.36 8,168 330 222,276,000 23,336,582
6 ABN Amro North America Chicago Michigan National Corp. Farmington Hills, Mich. Nov. 22 Pending 2,750,000 1.91 18.4 3,468 185 67,494,273 11,493,891
7 Charles Schwab Corp. San Francisco U.S. Trust Corp. New York Jan. 13 May 31 2,618,595 7.97 31.03 2,234 17 N/A 5,023,051
8 National Commerce Bancorp. Memphis, Tenn. CCB Financial Corp. Durham, N.C. March 20* July 3 1,916,597 2.64 12.61 2,832 225 6,806,173 8,186,298
9 North Fork Bancorp Melville, N.Y. Dime Bancorp New York March 5† Terminated 1,884,278 1.24 7.86 6,928 121 12,108,116 23,921,325
10 Washington Mutual, Inc. Seattle Bank United Corp. Houston Aug. 21 Pending 1,517,250 1.67 10.68 2,622 88 185,687,190 18,197,572
11 Comerica Inc. Detroit Imperial Bancorp Inglewood, Calif. Nov. 1 Pending 1,302,320 2.43 12.15 1,379 51 40,885,390 7,441,954
12 BB&T Corp. Winston-Salem, N.C. One Valley Bancorp Charleston, W.Va. Feb. 7 July 6 1,202,115 2.12 14.68 2,296 125 43,480,996 6,583,061
13 M&T Bank Corp. Buffalo, N.Y. Keystone Financial, Inc. Harrisburg, Pa. May 17 Oct. 6 1,028,142 1.85 21.15 2,618 180 22,761,554 7,012,346
14 Wells Fargo & Co. San Francisco First Commerce Bancshares Lincoln, Neb. Feb. 2 June 16 479,727 1.86 15.51 1,238 25 218,102,000 2,609,590
15 BancorpSouth, Inc. Tupelo, Miss. First United Bancshares El Dorado, Ark. April 17 Aug. 31 455,758 1.72 13.46 1,045 74 5,844,696 2,715,907
16 BB&T Corp. Winston-Salem, N.C. Century South Banks, Inc. Alpharetta, Ga. Dec. 5 Pending 426,462 2.71 25.47 656 40 56,671,181 1,614,497
17 Valley National Bancorp Wayne, N.J. Merchants New York Bancorp New York Sept. 6 Pending 375,930 3.86 17.92 236 7 6,292,729 1,369,676
18 M&T Bank Corp. Buffalo, N.Y. Premier National Bancorp Lagrangeville, N.Y. July 10 Pending 341,394 2.39 15.66 550 34 21,746,100 1,573,803
19 Wachovia Corp. Winston-Salem, N.C. Republic Security Financial Corp West Palm Beach, Fla. Oct. 30 Pending 340,055 1.64 13.6 881 119 72,020,228 3,396,980
20 Park National Corp. Newark, Ohio Security Banc Corporation Springfield, Ohio Nov. 21 Pending 306,413 2.5 17.74 319 24 3,212,184 986,529
21 South Financial Group, Inc. Greenville, S.C. Anchor Financial Corporation Myrtle Beach, S.C. Jan. 10 June 6 303,711 3.2 21.83 495 33 3,561,888 1,206,843
22 Wells Fargo & Co. San Francisco Brenton Banks Inc. Des Moines, Iowa July 7 Dec. 1 264,500 1.87 15.02 675 44 234,159,000 1,984,418
23 TrustCo Bank Corp. NY Schenectady Hudson River Bancorp Hudson, N.Y. June 26† Terminated 261,130 1.3 27.41 319 14 2,353,653 1,149,547
24 NBT Bancorp, Inc. Norwich, N.Y. BSB Bancorp Binghamton, N.Y. April 20 Terminated 248,003 1.57 13.34 489 24 2,029,106 2,230,864
25 Fifth Third Bancorp Cincinnati Capital Holdings, Inc. Sylvania, Ohio Oct. 25 Pending 243,666 2.44 20.44 133 3 44,395,900 1,084,667
26 BB&T Corp. Winston-Salem, N.C. FCNB Corporation Frederick, Md. July 27 Jan. 8, 2001 216,566 2.43 19.52 567 34 48,796,118 1,593,067
27 FBOP Corp. Oak Park, Ill. PBOC Holdings, Inc. Los Angeles Dec. 11 Pending 198,762 0.93 4.79 381 24 5,151,334 3,276,687
28 Zions Bancorp Salt Lake City Eldorado Bancshares Laguna Hills, Calif. Dec. 14 Pending 194,939 1.54 N/M 530 24 21,924,319 1,262,391
29 New York Community Bancorp Flushing, N.Y. Haven Bancorp Westbury, N.Y. June 27 Nov. 30 187,296 1.71 17.36 1,026 70 1,985,648 2,965,912
30 Waypoint Financial Corp. Harrisburg, Pa. York Financial Corp. York, Pa. March 28 Oct. 16 178,759 1.59 17.13 422 22 2,691,400 1,650,655
31 Chemical Financial Corp. Midland, Mich. Shoreline Financial Corp. Benton Harbor, Mich. Aug. 22* Jan. 9, 2001 173,548 2.12 13.82 338 29 1,932,378 1,053,276
32 Fifth Third Bancorp Cincinnati Ottawa Financial Corp. Holland, Mich. Aug. 31 Dec. 8 168,718 2 16.63 287 24 44,723,932 1,084,624
33 Hudson River Bancorp Hudson, N.Y. Cohoes Bancorp N.Y. Nov. 24 Pending 160,698 1.25 27.47 210 21 1,173,750 739,335
34 U.S. Bancorp Minneapolis Scripps Financial Corporation San Diego June 27 Oct. 13 155,229 3.26 32.1 272 10 83,072,000 643,322
35 BB&T Corp. Winston-Salem, N.C. BankFirst Corporation Knoxville, Tenn. Aug. 23 Dec. 27 147,024 1.61 15.56 374 32 48,796,118 848,807
36 Fulton Financial Corp. Lancaster, Pa. Drovers Bancshares York, Pa. Dec. 27 Pending 146,359 2.68 26.16 237 17 6,478,773 755,308
37 Union Planters Corp. Memphis, Tenn. Jefferson Savings Bancorp Ballwin, Mo. Sept. 20 Pending 146,154 1.09 12.71 362 26 34,226,813 1,634,214
38 TrustCo Bank Corp NY Schenectady Cohoes Bancorp N.Y. June 26† Terminated 142,421 1.18 24.4 210 19 2,353,653 704,414
39 Huntington Bancshares Columbus, Ohio Empire Banc Corp. Traverse City, Mich. Feb. 7 June 23 138,515 2.98 18.85 222 12 29,036,953 505,700
40 Southwest Bancorp of Texas Houston Citizens Bankers Baytown, Texas Oct. 17 Dec. 29 135,000 3.15 24.12 223 15 3,264,452 413,744
41 Mutual Savings Bank Milwaukee First Northern Capital Corp. Green Bay, Wis. Feb. 22 Nov. 1 132,811 1.67 17.38 230 19 1,769,506 839,623
42 Ambanc Holding Co. Amsterdam, N.Y. Cohoes Bancorp N.Y. June 26† Terminated 130,552 1.08 22.36 210 19 721,290 704,414
43 Compass Bancshares Birmingham, Ala. FirsTier Corp. Northglenn, Colo. Sept. 5 Jan. 4, 2001 128,855 4.03 16.64 259 19 18,937,492 874,850
44 Jackson Federal Bank San Bernardino, Calif. Highland Bancorp Burbank, Calif. April 25 Oct. 2 113,510 2.14 10.27 103 7 337,702 667,196
45 Southwest Securities Group, Inc. Dallas Matrix Bancorp Denver July 14 Terminated 111,990 1.57 7.8 105 16 N/A 1,127,671
46 Trustmark Corp. Jackson, Miss. Barret Bancorp Barretville, Tenn. Dec. 13 Pending 102,488 1.22 13.19 165 13 6,805,556 510,221
47 BB&T Corp. Winston-Salem, N.C. FirstSpartan Financial Corp. Spartanburg, S.C. Sept. 6 Pending 102,148 1.44 16.83 157 11 48,796,118 585,657
48 Glacier Bancorp Kalispell, Mont. WesterFed Financial Corp Missoula, Mont. Sept. 20 Pending 100,280 1.06 15.59 332 27 1,023,992 945,663
49 Sterling Financial Corp. Lancaster, Pa. Hanover Bancorp Hanover, Pa. Jan. 26 July 27 97,289 2.94 20.26 209 12 1,059,374 503,924
50 Hudson River Bancorp Hudson, N.Y. Cohoes Bancorp N.Y. April 25* Terminated 97,275 0.8 16.66 210 19 1,149,547 704,414
51 BOK Financial Corp. Tulsa, Okla. CNBT Bancshares Bellaire, Texas Aug. 21 Pending 92,000 2.74 17.56 123 8 8,819,223 423,820
52 United Community Financial Corp. Youngstown, Ohio Industrial Bancorp Bellevue, Ohio Dec. 9 Pending 91,767 1.54 15.75 99 13 1,300,246 415,676
53 Greater Bay Bancorp Palo Alto, Calif. Bank of Santa Clara Calif. Jan. 27 July 21 90,800 2.72 19.37 162 10 2,624,965 326,934
54 Troy Financial Corp. Troy, N.Y. Catskill Financial Corp N.Y. June 8 Nov. 10 89,949 1.53 19.41 79 6 910,095 346,102
55 Community Bank System, Inc. DeWitt, N.Y. First Liberty Bank Corp. Jermyn, Pa. Nov. 29 Pending 87,074 1.44 17.23 205 13 1,973,581 646,661
56 Bradshaw Capital Management Southern Pines, N.C. First Savings Bancorp Southern Pines, N.C. Jan. 3† Terminated 84,856 1.26 15.19 40 5 N/A 330,084
57 Zions Bancorp Salt Lake City Draper Bancorp Utah Nov. 20 Pending 81,500 3.15 14.06 168 7 21,924,319 267,816
58 First Niagara Financial Group Lockport, N.Y. Iroquois Bancorp Auburn, N.Y. March 27 Nov. 3 80,273 1.97 16.32 202 13 1,711,712 595,126
59 Compass Bancshares Birmingham, Ala. Founders Bank of Arizona Scottsdale, Ariz. April 18 July 19 80,000 3.93 17.49 158 10 18,466,778 382,844
60 SouthBanc Shares Anderson, S.C. Heritage Bancorp Laurens, S.C. Feb. 14 July 31 76,976 1.14 34.57 39 3 366,101 334,098
61 First Place Financial Corp. Warren, Ohio FFY Financial Corp. Youngstown, Ohio May 24* Dec. 22 72,929 1.09 9.02 184 11 796,796 667,684
62 ULLICO Inc. Washington Amalgamated Investments Co. Chicago Aug. 31 Pending 72,500 1.34 12.35 198 2 N/A 599,911
63 F&M National Corp. Winchester, Va. Atlantic Financial Corp Newport News, Va. July 6 Pending 71,738 1.61 16.02 207 15 3,288,541 387,301
64 Seacoast Financial Services Corp. New Bedford, Mass. Home Port Bancorp Nantucket, Mass. July 21 Dec. 31 68,487 2.34 12.68 168 4 2,341,210 339,335
65 Richmond County Financial Corp New York South Jersey Financial Corp Turnersville, N.J. March 15 July 31 68,471 1.2 74.91 81 3 2,892,379 334,473
66 Zions Bancorp Salt Lake City County Bank Prescott, Ariz. Jan. 10 July 28 66,845 3.24 16.77 125 8 20,280,900 242,310
67 Mercantile Bankshares Corp. Baltimore, Md. Union National Bancorp Westminster, Md. Jan. 21 July 14 66,570 2.58 20.6 117 11 7,895,024 302,928
68 Synovus Financial Corp Columbus, Ga. Carolina Southern Bank Spartanburg, S.C. Sept. 19 Pending 64,092 2.72 23.53 67 5 13,685,928 212,410
69 Whitney Holding Corp. New Orleans American Bank Houston Sept. 20 Pending 63,638 3.58 15.93 95 7 5,901,319 279,594
70 Bingham Financial Services Corp. Birmingham, Mich. Franklin Bank, N.A. Southfield, Mich. March 20* Terminated 63,601 1.3 9.07 234 4 N/A 516,646
71 Wells Fargo & Co. San Francisco 1st Choice Financial Corp Greeley, Colo. Feb. 4 June 13 63,000 2.11 17.05 132 7 218,102,000 420,868
72 Financial Institutions, Inc. Warsaw, N.Y. Bath National Corp. N.Y. Nov. 2 Pending 62,585 2.26 44.6 148 11 1,261,740 287,343
73 First Banks America Inc. Clayton, Mo. San Francisco Co. Sept. 22 Dec. 31 60,654 2.11 9.93 62 3 1,074,157 203,029
74 Regions Financial Corp Birmingham, Ala. First National Bancshares Alexandria, La. April 4 Aug. 10 58,389 2.51 11.43 124 7 41,418,403 258,042
75 Umpqua Holdings Corp. Roseburg, Ore. VRB Bancorp Rogue River, Ore. Aug. 15* Dec. 1 55,714 1.6 11.33 172 15 411,626 326,595
76 Prosperity Bancshares, Inc. Houston Commercial Bancshares Houston Nov. 8 Pending 53,290 2.01 17.67 145 12 589,748 401,271
77 SouthTrust Corp. Birmingham, Ala. Bay Bancshares La Porte, Texas Dec. 11 Pending 53,010 1.82 15.64 202 10 44,326,262 332,723
78 Pacific Capital Bancorp Santa Barbara, Calif. San Benito Bank Hollister, Calif. Feb. 3 July 31 52,640 2.79 22.78 81 3 2,879,282 200,999
79 Sterling Bancshares Houston CaminoReal Bancshares of Texas San Antonio Oct. 24 Pending 51,793 2.21 15.12 125 8 2,042,122 286,034
80 Shore Bancshares Centreville, Md. Talbot Bancshares Easton, Md. July 26 Nov. 30 50,380 1.33 N/A 85 7 201,411 324,601
81 Spectrum Bancorp Omaha, Neb. Great Western Securities Omaha, Neb. Sept. 28 Pending $48,910 1.98 9.64 243 13 $774,114 $651,120
82 State National Bancshares Lubbock, Texas Independent Bankshares Abilene, Texas Feb. 17 Aug. 11 45,473 1.79 18.55 176 13 839,719 358,262
83 SouthTrust Corp. Birmingham, Ala. Security Bancorp San Antonio Jan. 20 April 14 44,000 2.89 49.66 109 3 43,262,512 175,397
84 Dickinson Financial Corp. Kansas City, Mo. Cameron Financial Corp Cameron, Mo. Oct. 6 Pending 43,558 1 18.81 73 4 2,632,278 299,235
85 Bank of Cyprus Ltd. Nicosia Interbank of New York Astoria, N.Y. April 18 Pending 43,000 2.64 50.59 52 4 N/A 178,005
86 Frontier Financial Corp. Everett, Wash. Liberty Bay Financial Corp. Poulsbo, Wash. March 15 July 20 41,630 1.99 15.78 92 8 1,245,616 179,804
87 Berkshire Bancorp New York GSB Financial Corp. Goshen, N.Y. Aug. 16 Pending 41,612 1.4 21.25 35 3 203,645 186,866
88 Sound Federal Bancorp Mamaroneck, N.Y. Peekskill Financial Corp N.Y. Feb. 17 July 18 41,611 1.49 27.32 24 3 323,826 212,659
89 Humboldt Bancorp Eureka, Calif. Tehama Bancorp Red Bluff, Calif. Sept. 20 Pending 40,440 1.92 14.09 107 6 575,311 233,392
90 Old Kent Financial Corp. Grand Rapids, Mich. Home Bancorp Fort Wayne, Ind. June 16 Oct. 13 40,361 1.03 13.03 87 10 19,664,874 403,492
91 Wachovia Corp. Winston-Salem, N.C. Commerce National Corp. Winter Park, Fla. March 3 June 1 40,074 2.77 25.41 58 5 67,352,537 180,202
92 Whitney Holding Corp. New Orleans Prattville Financial Services Ala. Aug. 8 Pending 39,753 1.75 26.02 79 4 5,901,319 169,239
93 Greater Bay Bancorp Palo Alto, Calif. Bank of Petaluma Calif. March 21 Oct. 13 39,688 2.51 16.24 68 4 2,624,965 194,739
94 Heritage Commerce Corp San Jose, Calif. Western Holdings Bancorp Los Altos, Calif. May 9 Oct. 1 39,335 2.94 19.94 62 4 505,605 230,074
95 PBOC Holdings, Inc. Los Angeles BYL Bancorp Orange, Calif. Nov. 2 Pending 38,938 1.26 18.4 284 10 3,276,687 293,974
96 F.N.B. Corp. Hermitage, Pa. Citizens Community Bancorp Marco Island, Fla. Dec. 18 Pending 38,056 2.07 43.51 59 4 3,858,345 154,418
97 Mercantile Bankshares Baltimore Bank of Fruitland Md. June 2 Nov. 30 37,538 2.65 28.37 85 7 8,071,032 139,561
98 BancorpSouth, Inc. Tupelo, Miss. Texarkana First Financial Corp. Ark. May 15 Oct. 31 37,513 1.31 11.21 42 6 5,844,696 206,487
99 First South Bancorp Lexington, Tenn. Bancorp of Huntingdon Tenn. Aug. 10 Pending 36,750 1.92 18.03 90 6 513,978 160,998
100 United Community Banks, Inc. Blairsville, Ga. North Point Bancshares Dawsonville, Ga. Feb. 9 July 26 36,413 3.81 24.26 40 2 2,132,394 106,946
101 Warwick Community Bancorp Warwick, N.Y. GSB Financial Corp. Goshen, N.Y. April 19† Terminated 35,918 1.23 N/A 35 2 624,867 179,132
102 Fulton Financial Corp. Lancaster, Pa. Skylands Financial Corp. Hackettstown, N.J. Feb. 23 Aug. 1 35,293 2.13 14.2 69 8 6,070,019 219,528
103 Enterbank Holdings, Inc. Clayton, Mo. Commercial Guaranty Bancshares Overland Park, Kan. Jan. 6 June 23 34,781 2.42 32.02 46 3 488,001 127,338
104 BancFirst Ohio Corp. Zanesville, Ohio Milton Federal Financial Corp. West Milton, Ohio Jan. 12 June 19 33,770 1.32 19.11 53 2 1,274,206 259,963
105 Southern Michigan Bancorp Coldwater, Mich. Sturgis Bank and Trust Co. Minn. Feb. 15* Terminated 33,566 1.32 16.75 98 13 275,825 251,596
106 First Merchants Corp. Muncie, Ind. Decatur Financial, Inc. Decatur, Ind. Jan. 21 May 31 33,384 2.35 18.01 38 3 1,474,048 128,131
107 Farmers National Banc Corp. Canfield, Ohio Security Financial Corp. Niles, Ohio May 30 Nov. 30 32,560 2.29 53.03 100 6 436,910 171,155
108 Pacific Capital Bancorp Santa Barbara, Calif. Los Robles Bancorp Thousand Oaks, Calif. March 23 June 30 32,500 2.45 13.88 66 2 2,879,282 148,879
109 United Community Banks, Inc. Blairsville, Ga. Independent Bancshares Powder Springs, Ga. Feb. 10 July 26 32,363 2.38 19.24 54 3 2,132,394 145,094
110 Colorado Business Bankshares Denver First Capital Bank of Arizona Phoenix, Ariz. Oct. 24 Pending 31,188 2.7 24.37 29 2 610,291 94,583
111 Provident Bankshares Corp. Baltimore, Md. Harbor Federal Bancorp Baltimore May 4 Aug. 31 31,164 1.17 14.69 43 9 5,247,507 253,112
112 Integra Bank Corp. Evansville, Ind. Webster Bancorp Clay, Ky. July 5 Pending 30,094 1.47 12.01 105 7 2,468,199 293,247
113 First Banks America Inc. Clayton, Mo. Commercial Bank of San Francisco June 28 Oct. 31 29,500 1.83 27.54 45 1 1,062,288 176,564
114 Commerce Bancshares Kansas City, Mo. Breckenridge Bancshares St. Ann, Mo. Oct. 26 Pending 29,147 1.96 13.95 72 3 10,963,581 255,186
115 MutualFirst Financial, Inc. Muncie, Ind. Marion Capital Holdings Ind. June 8* Dec. 8 27,534 0.87 10.67 49 3 543,457 199,194
116 Boiling Springs Bancorp Rutherford, N.J. Ridgewood Financial N.J. Sept. 21† Pending 26,903 2.27 15.43 44 2 636,799 286,378
117 Commonwealth Bancshares Shelbyville, Ky. Commonwealth Financial Corp. Louisville, Ky. Jan. 7 May 31 26,878 1.5 10.7 124 6 179,115 254,496
118 IBT Bancorp Mt. Pleasant, Mich. FSB Bancorp Breckenridge, Mich. April 7 Aug. 10 26,253 2.44 20.46 49 4 401,110 99,713
119 Allegiant Bancorp St. Louis Equality Bancorp St. Louis July 26 Nov. 15 25,563 1.22 21.92 135 7 827,182 329,135
120 Community Banks, Inc. Millersburg, Pa. Glen Rock State Bank Pa. Nov. 8 Pending 25,500 1.63 17.13 64 5 1,109,023 186,732
121 PSB Bancorp Philadelphia Jade Financial Corp. Feasterville, Pa. Nov. 2 Pending 25,378 0.92 50.45 327 4 266,311 214,876
122 Northeast Pennsylvania Financial Corp Hazelton, Pa. Security of Pennsylvania Financial Hazleton, Pa. June 2 Nov. 10 23,745 1.58 24.73 40 3 669,576 131,650
123 SouthTrust Corp. Birmingham, Ala. Irving National Bancshares Texas Dec. 7 Pending 23,733 2.96 17.58 57 5 44,326,262 109,609
124 Wells Fargo & Co. San Francisco Buffalo National Bancshares Minn. May 25 Sept. 28 23,617 1.84 18.64 49 4 222,276,000 107,955
125 Heritage Group, Inc. Aurora, Neb. City National Bank and Trust Company Hastings, Neb. May 8 July 14 23,192 1.9 10.23 68 2 193,625 198,915
126 Citizens & Northern Corp. Wellsboro, Pa. Peoples Ltd. Wyalusing, Pa. June 22 Terminated 22,824 1.72 16.68 52 7 704,151 120,553
127 Provident Savings Bank Jersey City, N.J. Ridgewood Financial N.J. Aug. 29 Terminated 22,419 1.89 12.85 44 4 2,675,919 286,378
128 Community Bank System, Inc. DeWitt, N.Y. Citizens National Bank of Malone Malone, N.Y. Sept. 13 Pending 22,372 1.83 20.19 62 5 1,931,222 115,214
129 SouthTrust Corp. Birmingham, Ala. First Bank Holding Company Tallahassee, Fla. Sept. 28 Dec. 15 22,280 2.51 19.55 39 5 44,344,503 99,782
130 Whitney Holding Corp. New Orleans First Ascension Bancorp Gonzales, La. Sept. 5 Nov. 2 22,100 2.45 20.11 58 4 5,901,319 92,886
131 First Interstate BancSystem Billings, Mont. Equality Bankshares Cheyenne, Wyo. May 23 Aug. 1 22,079 2.52 13.17 49 4 2,678,596 94,252
132 PL Capital, LLC Oak Brook, Ill. Wells Financial Corp. Minn. Dec. 15† Pending 22,076 0.98 12.93 66 9 N/A 217,518
133 First Bancorp Troy, N.C. Century Bancorp Thomasville, N.C. Oct. 20 Pending 21,658 1.19 25.78 11 2 928,820 102,376
134 Vail Banks, Inc. Colo. Estes Bank Corp. Estes Park, Colo. March 22 July 14 21,500 2.65 12.35 28 2 464,962 82,578
135 United Bancshares Columbus Grove, Ohio Delphos Citizens Bancorp Ohio Aug. 28 Pending 20,706 0.8 13.49 17 2 249,396 133,099
136 First Banks America Inc. Clayton, Mo. Millennium Bank San Francisco Aug. 24 Dec. 29 20,700 1.71 15.8 36 2 1,074,157 104,501
137 National Penn Bancshares Boyertown, Pa. Panasia Bank Fort Lee, N.J. Feb. 14 July 11 20,410 2.11 16.53 45 2 2,242,432 100,097
138 Citco Community Bancshares Elizabethton, Tenn. Twin City Bancorp Bristol, Tenn. July 19 Nov. 20 20,186 1.38 16.7 51 4 405,999 123,911
139 NewMil Bancorp New Milford, Conn. Nutmeg Federal Savings and Loan Association Danbury, Conn. May 31 Nov. 10 19,844 1.76 14.32 44 4 383,719 121,889
140 James G. Fitzgerald Inverness, Ill. Southern Wisconsin Bancshares Corp. Mineral Point, Wis. Aug. 17 Pending 18,841 2.04 8.91 41 6 N/A 114,138
141 Regions Financial Corp Birmingham, Ala. Heritage Bancorp Hutto, Texas April 10 Aug. 8 18,600 3.41 18.11 60 6 41,418,403 102,680
142 Lincoln Bancorp Plainfield, Ind. Citizens Bancorp Frankfort, Ind. March 21 Sept. 26 18,032 1.5 21.56 13 0 410,885 62,967
143 MetLife, Inc. New York Grand Bancorp Kingston, N.J. Aug. 16 Pending 17,186 2.36 N/M 12 0 N/A 80,265
144 Capital City Bank Group, Inc. Tallahassee, Fla. First Bankshares of West Point Ga. Sept. 26 Pending 16,910 1.09 31.73 64 4 1,481,265 146,070
145 Peoples Community Bancorp Lebanon, Ohio Market Financial Corp Mt. Healthy, Ohio Sept. 19 Pending 16,789 1.23 30.43 11 1 310,765 55,742
146 Westamerica Bancorp San Rafael, Calif. First Counties Bank Clearlake, Calif. March 15 Aug. 17 16,723 1.84 16.79 55 5 3,893,187 90,656
147 Rancho Santa Fe National Bank Rancho Santa Fe, Calif. Professional Bancorp Santa Monica, Calif. Aug. 7 Pending 16,326 1.09 N/M 121 7 201,821 268,403
148 Andover Bancorp Andover, Mass. GBT Bancorp Gloucester, Mass. Jan. 27 July 1 16,223 1.95 19.5 42 1 1,491,054 130,919
149 Bank of Montreal Century Bank Scottsdale, Ariz. Sept. 14 Dec. 15 16,207 2.6 47.11 21 3 28,674,001 60,732
150 Dickinson Financial Corp. Kansas City, Mo. Hardin Bancorp Mo. Oct. 26 Pending 15,909 1.25 12.4 36 3 2,632,278 143,325
  Totals and averages for the top 150 merger deal announcements in 2000     $96,385,975 2.03 19.41 118,786 6,344 $3,431,160,897 $597,951,308
  Totals and averages for all 328 merger deal announcements in 2000     $97,332,970 1.83 19.02 122,323 6,614 $3,632,829,540 $605,835,186


* Merger-of-equals transaction.
† Hostile/unsolicited transaction.
N/A = not available; N/M = not meaningful
Source:

Thomson Financial Sheshunoff Information Services

© 2001 American Banker

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