Announced for the week ending April 21, 2000 | |||||
---|---|---|---|---|---|
Buyer | Target | Announced date | Purchase price ($ in thousands) | Price to equity ratio | Price to net income* |
Compass Bancshares, Birmingham, Ala. | Founders Bank of Arizona | 04/18/2000 | NA | NA | NA |
BancorpSouth, Tupelo, Miss. | First United Bancshares Ariz. | 04/17/2000 | $455,758 | 1.75 | 13.61 |
Bank of Cyprus, Nicosia, Cyprus | Interbank of New York | 04/18/2000 | $43,000 | 2.76 | 36.29 |
Warwick Community Bancorp,** Warick, N.Y. | GSB Financial** N.Y. | 04/19/2000 | $35,918 | 1.23 | 20.18 |
NBT Bancorp, Norwich, N.Y. | BSB Bancorp N.Y. | 04/20/2000 | $248,003 | 1.59 | 13.49 |
Cardinal Financial Corp., Fairfax, Va. | Heritage Bancorp Va. | 04/18/2000 | $13,880 | 1.56 | 102.06 |
Marathon Financial Corp., Winchester, Va. | Rockingham Heritage Va. | 04/20/2000 | $15,341 | 1.33 | 13.35 |
*Last 12 months
**Hostile attempt
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