Top 25 Branch Sale Deals Announced in 2000 Published February 12, 2001

February 12, 2001, 10:08 a.m. EST 1 Min Read

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Top 25 Branch Sale Deals Announced in 2000
Published February 12, 2001

	Buyer	Target	Announced Date	Completion Date or status	Branches sold	Deposits sold ($000)	Premium to deposits	Branch sale locations
1	BancWest Corp. Honolulu	Zions Bancorp Salt Lake City	Jan. 18	Terminated	68	$2,100,000	9.80%	Utah, Ind.
2	Firstar Corp. Milwaukee	First Union Corp. Charlotte, N.C.	31-Jul	Dec. 9	41	1,700,000	N/A	Tenn.
3	BancWest Corp. Honolulu	Wells Fargo & Co. San Francisco	Sept. 14	Pending	30	1,167,423	10.5	N.M., Nev.
4	Citigroup New York	Bank of Tokyo-Mitsubishi, Ltd. New York	1-May	28-Jul	1	1,119,618	N/A	N.Y.
5	Zions Bancorp Salt Lake City	Pacific Century Financial Corp. Honolulu	Dec. 27	Pending	9	400,000	N/A	Ariz.
6	F & M National Corp. Winchester, Va.	Wachovia Corp. Winston-Salem, N.C.	4-May	Aug. 25	15	302,000	7.61	Va.
7	First Citizens Bancorp of SC Columbia, S.C.	First Union Corp. Charlotte, N.C.	Sept. 8	Dec. 15	7	217,000	N/A	S.C.
8	Glacier Bancorp Kalispell, Mont.	Wells Fargo & Co. San Francisco	Sept. 14	Pending	7	187,000	11.23	Ind, Utah
9	Integra Bank Corp. Evansville, Ind.	AmSouth Bancorp Birmingham, Ala.	Aug. 11	Nov. 16	4	185,000	12.22	Ky.
10	First Citizens BancShares Raleigh, N.C.	First Union Corp. Charlotte, N.C.	Sept. 12	Dec. 15	6	166,187	11.78	N.C.,Va.
11	FirstFed Financial Corp. Santa Monica, Calif.	Bank Plus Corp. Los Angeles	Feb. 8	31-Mar	2	165,500	6.28	Calif.
12	Jackson Federal Bank San Bernardino, Calif.	Bank Plus Corp. Los Angeles	Feb. 8	31-Mar	3	165,000	N/A	Calif.
13	Regions Financial Corp Birmingham, Ala.	AmSouth Bancorp Birmingham, Ala.	10-Mar	12-May	5	158,051	N/A	Ark.
14	Pinnacle Bancorp Central City, Neb.	Adbanc Ogallala, Neb.	Oct. 19	Pending	4	148,531	8.27	Colo.
15	Centura Banks Rocky Mount, N.C.	Wachovia Corp. Winston-Salem, N.C.	4-May	Sept. 21	4	138,300	15.62	N.C.,Va.
16	First American Bank Group Fort Dodge, Iowa	Wells Fargo & Co. San Francisco	Oct. 18	Pending	3	132,400	N/A	Iowa
17	Northwest Bancorp Warren, Pa.	Sovereign Bancorp Wyomissing, Pa.	19-Apr	Nov. 6	9	127,000	N/A	Pa.
18	Temple-Inland Inc. Diboll, Tex.	Fremont Investment and Loan Anaheim, Calif.	13-Jul	Pending	1	124,984	N/A	Calif.
19	Community Trust Bancorp Pikeville, Ky.	Premier Financial Bancorp Georgetown, Ky.	Nov. 9	Pending	4	115,000	9.5	Ky.
20	Hibernia Corp. New Orleans	Compass Bancshares Inc. Birmingham, Ala.	23-Mar	22-Jun	3	114,900	11.92	Tex.
21	American State Financial Corp Lubbock, Tex.	Chase Manhattan Corp. New York	25-Jul	Nov. 17	1	114,169	N/A	Tex.
22	Metropolitan Bank Group Chicago	Argo Bancorp Summit, Ill.	Aug. 17	Nov. 18	3	113,585	8.11	Ill.
23	Capital City Bank Group Tallahassee, Fla.	First Union Corp. Charlotte, N.C.	Oct. 5	Pending	5	109,000	11.93	Ga.
24	U.S.B. Holding Co. Orangeburg, N.Y.	La Jolla Bank, FSB La Jolla, Calif.	26-May	Nov. 30	2	108,000	6.8	Conn., N.Y.
25	First Charter Corp. Concord, N.C.	First Union Corp. Charlotte, N.C.	Aug. 29	Nov. 17	4	107,000	N/A	N.C.
Totals and averages for the top 25					241	$9,485,648	10.11%
Totals and averages for all 164					495	$13,723,309	8.22%