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Merger Decisions: 2003 Annual Report to Congress

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Regular Mergers
Corporate Reorganization Mergers
Interim Mergers
Failed or Closed Bank Mergers
Complete 2003 Report - PDF
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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.




Last Updated 07/08/2008 supervision@fdic.gov