+++ Listed in order of value

Rank Buyer Seller

1 First Bank System, Minn. U.S. Bancorp, Ore.

2 Washington Mutual, Wash. Great Western Financial Corp., Calif.

3 First Maryland Bancorp, Md. Dauphin Deposit Corp., Pa.

4 BB&T Corp., N.C. United Carolina Bancshares Corp., N.C.

5 Huntington Bancshares Inc., OhioFirst Michigan Bank Corp., Mich.

6 Summit Bancorp, N.J. Collective Bancorp, N.J.

7 Mercantile Bancorp, Mo. Roosevelt Financial Group, Mo.

8 TCF Financial Corp, Minn. Standard Financial, Ill.

9 CCB Financial Corp, N.C. American Federal Bank, S.C.

10 Astoria Financial Corp, N.Y. Greater New York Savings, N.Y.

11 Sovereign Bancorp, Pa. Bankers Corp., N.J.

12 Pacific Century Financial Corp.,CU Bancorp, Calif.

13 Barnett Banks, Fla. First of America Bank, Fla.

14 Pinnacle Financial Services, MicIndiana Federal Corp.**

15 Citizens Banking Corp., Mich. CB Financial Corp., Mich.

16 Community First Bankshares, N.D.Key Bank of Wyoming

17 CFX Corp., N.H. Portsmouth Bank Shares, N.H.

18 Provident Bankshares Corp., Md. First Citizens Financial, Md.

19 CFX Corp., N.H. Community Bankshares, N.H.

20 First Security Corp., Utah American Bancorp of Nevada

21 Area Bancshares Corp., Ky. Cardinal Bancshares, Ky.

22 Bank SinoPac, Taiwan Far East NB, Calif.

23 Webster Financial Corp., Conn. Peoples Savings Fin Corp., Conn.

24 First United Bancshares, Ark. Fredonia Bancshares., Tex.

25 First Commercial Corp., Ark. First Central Corp., Ark.

Total for the top 25

part 2 of 3

Final deal Price to

Date Date price Price latest 12 mo.

Rank Buyerannouncecompleted $0 to book net income(x)

1 First Bank3/20/97 8/1/97 $10,024,227 3.54 20.23

2 Washington 3/6/97 7/1/97 8,407,755 3.13 N/M

3 First Mary1/21/97 7/8/97 1,545,306 2.66 21.4

4 BB&T Corp.11/4/96 7/1/97 1,281,850 3.54 26.49

5 Huntington 5/5/97 9/30/97 1,186,574 4 26.23

6 Summit Ban2/28/97 8/1/97 1,069,360 2.7 20.98

7 Mercantile12/23/96 7/1/97 1,066,149 2.24 N/M

8 TCF Financ3/17/97 9/4/97 439,192 1.51 34.67

9 CCB Financ2/18/97 7/31/97 427,601 3.53 27.84

10 Astoria Fi3/31/97 9/30/97 414,368 1.88 20.88

11 Sovereign 2/6/97 8/29/97 363,682 1.8 14.1

12 Pacific Ce2/25/97 7/3/97 187,097 1.97 N/M

13 Barnett Ba6/16/97 9/30/97 160,000 1.18 N/M

14 Pinnacle F11/14/96 8/1/97 147,513 N/M N/M

15 Citizens B1/27/97 7/1/97 143,851 1.86 22.94

16 Community 2/18/97 7/14/97 135,000 1.8 10.61

17 CFX Corp.,2/13/97 8/29/97 115,391 1.68 18.44

18 Provident 3/11/97 8/22/97 112,572 2.41 27.96

19 CFX Corp.,3/24/97 8/29/97 106,738 2.58 20.83

20 First Secu3/17/97 7/1/97 94,048 3.08 20.21

21 Area Bancs 5/1/97 9/30/97 93,191 1.67 14.17

22 Bank SinoP10/3/96 8/15/97 89,784 1.87 16.17

23 Webster Fi 4/4/97 7/31/97 87,025 1.79 19.65

24 First Unit3/18/97 9/2/97 69,044 2.92 18.88

25 First Comm 2/5/97 7/1/97 67,648 2.29 15.65

Total for the top 25 $27,834,966

part 3 of 3

Accounting

Rank Buyer type

1 First Bank System, Minn. Pooling

2 Washington Mutual, Wash. Pooling

3 First Maryland Bancorp, Md. Purchase

4 BB&T Corp., N.C. Pooling

5 Huntington Bancshares Inc., Ohio Pooling

6 Summit Bancorp, N.J. Pooling

7 Mercantile Bancorp, Mo. Purchase

8 TCF Financial Corp, Minn. Purchase

9 CCB Financial Corp, N.C. Pooling

10 Astoria Financial Corp, N.Y. Purchase

11 Sovereign Bancorp, Pa. Pooling

12 Pacific Century Financial Corp., HawaiiPurchase

13 Barnett Banks, Fla. Purchase

14 Pinnacle Financial Services, Mich.** Pooling

15 Citizens Banking Corp., Mich. Pooling

16 Community First Bankshares, N.D. Purchase

17 CFX Corp., N.H. Pooling

18 Provident Bankshares Corp., Md. Pooling

19 CFX Corp., N.H. Pooling

20 First Security Corp., Utah Purchase

21 Area Bancshares Corp., Ky. Pooling

22 Bank SinoPac, Taiwan Purchase

23 Webster Financial Corp., Conn. Pooling

24 First United Bancshares, Ark. Pooling

25 First Commercial Corp., Ark. Pooling

Total for the top 25 ===

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.