+++

(Dollars in millions)

part 1 of 3

Rank Buyer

1 Deutsche Bank, Frankfurt

2 Roslyn Bancorp, New York

3 BB&T Corp., Winston-Salem, N.C.

4 FirstMerit Corp., Akron, Ohio

5 Chittenden Corp., Burlington, Vt.

6 Peoples Heritage Financial Group, Portland, Me.

7 Sovereign Bancorp, Wyomissing, Pa.

8 Republic Bancorp, Owoso, Mich.

9 Wells Fargo & Co., San Francisco

10 BancWest Corp., Honolulu

11 M & T Bank Corp., Buffalo

12 Anchor BanCorp Wisconsin, Madison

13 Richmond County Financial Corp., New York

14 Temple-Inland Financial, Diboll, Tex.

15 First Financial Bancorp, Hamilton, Ohio

16 Fifth Third Bancorp, Cincinnati

17 Dime Bancorp, New York

18 FBOP Corp., Oak Park, Ill.

19 Centura Banks, Rocky Mount, N.C.

20 Valley National Bancorp, Wayne, N.J.

21 National Penn Bancshares, Boyertown, Pa.

22 United National Bancorp, Bridgewater, N.J.

23 Old National Bancorp, Evansville, Ind.

24 Fifth Third Bancorp, Cincinnati

25 Commercial Federal Corp., Omaha

Totals for the top 25 completed deals

Totals for all 181 completed deals

part 2 of 4

Top 25 Bank and Thrift Mergers Closed in the First Half

(Dollars in millions) Value of

transaction

RSeller at close

1 Bankers Trust Corp., New York $9,378.70

2 TR Financial Corp., Garden City, N.Y. (t 663.9

3 MainStreet Financial Corp., Martinsville 661.1

4 Signal Corp., Wooster, Ohio 424.6

5 Vermont Financial Services, Brattleboro 410.1

6 SIS Bancorp, Springfield, Mass. (t) 343.3

7 Peoples Bancorp, Lawrenceville, N.J. (t) 322

8 D&N Financial Corp., Hancock, Mich. (t) 225.3

9 Hemisphere Financial, Brownsville, Tex. 174

10 SierraWest Bancorp, Truckee, Calif. 168.1

11 FNB Rochester Corp., Rochester, N.Y. 146.4

12 FCB Financial Corp., Neenah, Wis. (t) 142.4

13 Bayonne Bancshares, N.J. (t) 136.8

14 HF Bancorp, Hemet, Calif. (t) 122.2

15 Sand Ridge Financial Corp., Highland, In 121.5

16 Enterprise Federal Bancorp, West Chester 120.9

17 Lakeview Financial Corp., Paterson, N.J. 111.3

18 Calumet Bancorp, Dolton, Ill. (t) 110.5

19 First Coastal Bankshares, Virginia Beach 109.9

20 Ramapo Financial Corp., Wayne, N.J. 108

21 Elverson National Bank, Pa. 105.2

22 Raritan Bancorp, N.J. (t) 95

23 Southern Bancshares, Carbondale, Ill. 94.4

24 Ashland Bankshares, Ashland, Ky. 84.5

25 Midland First Financial Corp., Lee's Sum 83

Total $14,463.10

Total $17,642.90

part 3 of 4

Top 25 Bank and Thrift Mergers Closed in the First Half

(Price pePrice toPrice to

share at book latest 1CompleteAccounting

R close value (xnet inco date type

1 $93.00 1.96 N/M 4-Jun Purchase

2 34.85 2.31 14.78 Feb. 16 Pooling

3 46.32 3.74 35.12 Mar. 5 Pooling

4 33 2.59 32.09 Feb. 12 Pooling

5 31.16 1.87 20.94 28-May Pooling

6 45 2.32 23.98 Jan. 1 Pooling

7 9.7 1.01 20.98 30-Jun Purchase

8 22.75 1.82 13.88 17-May Pooling

9 1740 2.34 25.09 Feb. 26 Pooling

10 30.44 2.06 20.57 30-Jun Pooling

11 34.19 3.36 26.54 1-Jun Purchase

12 36.14 1.81 20.24 8-Jun Pooling

13 15.88 1.61 26.37 Mar. 22 Purchase

14 18.5 1.38 N/M 30-Jun Purchase

15 2024.69 2.73 22.3 1-Jun Pooling

16 50.49 2.88 45.81 14-May Pooling

17 21.21 2.09 21.21 21-May Purchase

18 32 1.15 17.12 Apr. 30 Purchase

19 20.95 2.28 24.03 Mar. 26 Pooling

20 12.22 2.93 23.99 11-Jun Pooling

21 40.02 3.68 42.77 Jan. 4 Pooling

22 36.78 2.7 21.56 Mar. 31 Pooling

23 150.69 3.54 36.79 29-Jan Pooling

24 673.06 3.32 28.17 Apr. 16 Pooling

25 292 2.95 16.12 Mar. 1 Purchase

Total 2.42 25.24

Total 2.21 23.94

part 4 of 4

Top 25 Bank and Thrift Mergers Closed in the First Half

(Dollars in millions) Value of

Buyer's Seller's Announcedtransact Target

R assets assets date at anncmhead count

1 NA $156,267 Nov. 30 $9,341 20,541

2 3,552 4,006 26-May-981,080.70 337

3 31,544 2,042 Aug. 27 539.8 598

4 6,179 1,912 Aug. 10 481.9 635

5 2,049 2,110 Dec. 16 453.9 539

6 9,768 1,842 20-Jul 437.1 622

7 18,847 873 Sept. 8, 388.7 151

8 2,071 1,998 Dec. 1 293.4 529

9 96,094 833 3-Jun-98 174 407

10 15,050 879 Feb. 25 199.7 234

11 19,478 568 Dec. 9 128.6 197

12 2,123 526 Jan. 5 174.4 145

13 1,383 700 20-Jul 186.9 86

14 10,943 1,060 Nov. 16 121.4 268

15 2,810 521 Dec. 16 140.7 186

16 28,293 407 Sept. 25 103.9 36

17 21,243 573 Dec. 16 117.5 72

18 3,269 492 Sept. 9 110.5 135

19 7,805 578 Oct. 28 124.7 195

20 5,043 328 Dec. 18 107.5 115

21 1,700 302 22-Jul 104.5 117

22 1,381 435 Sept. 22 99.2 70

23 5,763 252 27-May-98 82.6 121

24 28,293 165 Sep. 8 63.4 77

25 8,853 397 Aug. 14 83 98

T $333,534 $180,066 $15,139 26,511

T $1,715,046 $196,207 $18,352 33,021

Source: Sheshunoff Information Services, a Thomson Financial company, and American Banker research

Deposit premium of seller = deal price per share less book value per share, divided by deposits per share.

Price premium of seller = deal price per share increase over the seller's quoted price two weeks prior to announcement. (t) Savings and loan institution ===

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