|
|
Failed or Closed Bank Mergers
| Applicant Institution
|
Other / Target Institution |
empty cell |
Institution Name
City, State |
Total Assets (000's) |
Cert # |
Institution Name
City, State |
Assets Acquired (000's) |
Offices
Acquired |
Cert # |
Action
Approved |
DOJ
Reply Date |
Application
Number |
Earthstar Bank
SOUTHAMPTON, PA
|
112,189 |
35561 |
Pulaski Savings Bank
PHILADELPHIA, PA
|
8,900 |
1 |
27203 |
11/14/2003 |
N/A |
|
Beal Bank, SSB
PLANO, TX
|
5,478,664 |
32574 |
Southern Pacific Bank
TORRANCE, CA
|
201,500 |
3 |
27094 |
02/07/2003 |
N/A |
|
The Park Bank
MADISON, WI
|
276,173 |
19608 |
First National Bank of Blanchardsville
BLANCHARDSVILLE, WI
|
1,400 |
1 |
11639 |
05/08/2003 |
N/A |
|
| Note: These target institutions were either closed or in danger of being closed. The respective "applicant" institutions were the competitive bidding winners to purchase certain assets of and assume the liability to pay certain deposits of the target. The FDIC's Board of Directors found that immediate action was necessary and waived the publication of notice and solicitation of reports on the competitive factors involved. |
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