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Merger Decisions: 2008 Annual Report to Congress

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Merger Decisions Home
Regular Reorganization Mergers
Corporate Reorganization Mergers
Interim Mergers
Failed or Closed Bank Mergers
Complete 2008 Report - PDF
1.2M (PDF Help)
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Failed or Closed Bank Mergers

Applicant Institution Other / Target Institution  
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
See Note 3
Application Number
Liberty Bank and Trust Company
NEW ORLEANS, LA
328,904 20856 Douglass National Bank
KANSAS CITY, MO
55,700 3 24660 1/25/2008 N/A N/A
Security Bank
RICH HILL, MO
52,446 9806 Hume Bank HUME, MO 2,700 1 1971 3/7/2008 N/A N/A
Pulaski Bank and Trust Company
LITTLE ROCK, AR
1,317,612 33538 ANB Financial, NA
Bentonville, AR
235,900 9 33901 5/9/2008 N/A N/A
First International Bank and Trust
WATFORD CITY, ND
874,352 10248 First Integrity Bank, NA
Staples, MN
35,800 2 12736 5/30/2008 N/A N/A
OneWest Bank, FSB
PASADENA, CA
0 58978 IndyMac Federal Bank, FSB
PASADENA, CA
20,700,000 33 29730 7/11/2008 N/A N/A
Mutual of Omaha Bank
OMAHA, NE
774,403 32325 First National Bank of Nevada
RENO, NV
168,264 25 27011 7/25/2008 N/A N/A
      First Heritage Bank, NA
NEWPORT BEACH,CA
77,684 3 57961 7/25/2008 N/A N/A
SunTrust Bank
ATLANTA, GA
171,500,853 867 First Priority Bank
BRADENTON, FL
42,000 6 57523 8/1/2008 N/A N/A
Citizens Bank and Trust
CHILLICOTHE, MO
1,066,598 4533 The Columbian Bank and Trust Co.
TOPEKA, KS
85,500 9 22728 8/22/2008 N/A N/A
Regions Bank
BIRMINGHAM, AL
139,353,930 12368 Integrity Bank
ALPHARETTA, GA
34,400 5 35469 8/29/2008 N/A N/A
Nevada State Bank
LAS VEGAS, NV
3,846,548 18113 Silver State Bank
HENDERSON, NV
66,640 17 34194 9/5/2008 N/A N/A
Pioneer Community Bank, Inc.
IAEGER, WV
66,431 2448 Ameribank, Inc.
NORTHFORK, WV
3,299 5 6782 9/19/2008 N/A N/A
The Citizens Savings Bank
MARTINS FERRY, OH
426,308 9463 Ameribank, Inc.
NORTHFORK, WV
15,391 3 6782 9/19/2008 N/A N/A
JPMorgan Chase Bank, NA
COLUMBUS, OH
1,378,468,000 628 Washington Mutual Bank
HENDERSON, NV
258,576,810 2,213 32633 9/25/2008 N/A N/A
      Washington Mutual Bank, FSB
PARK CITY, UT
** 26 33891 9/25/2008 N/A N/A
Monroe Bank & Trust
MONROE, MI
1,504,721 12181 Main Street Bank
NORTHVILLE, MI
16,900 2 57654 10/10/2008 N/A N/A
National Bank
HILLSBORO, IL
209,337 16276 Meridian Bank
ELDRED, IL
7,500 4 13789 10/10/2008 N/A N/A
Stearns Bank, NA
ST. CLOUD, MN
937,056 10988 Alpha Bank & Trust
ALPHARETTA, GA
38,900 2 58241 10/24/2008 N/A N/A
Fifth Third Bank
GRAND RAPIDS, MI
53,864,860 993 Freedom Bank
BRADENTON, FL
36,000 4 57930 10/31/2008 N/A N/A
Prosperity Bank
EL CAMPO, TX
6,786,609 16835 Franklin Bank, SSB
HOUSTON, TX
850,000 46 26870 11/7/2008 N/A N/A
Pacific Western Bank
LOS ANGELES, CA
4,353,858 24045 Security Pacific Bank
LOS ANGELES, CA
51,800 4 23595 11/7/2008 N/A N/A
Bank of Essex
TAPPAHANNOCK, VA
719,947 8675 The Community Bank
LOGANVILLE, GA
84,400 4 16490 11/21/2008 N/A N/A
U.S. Bank, NA
MINNEAPOLIS, MN
242,596,810 6548 Downey Savings and Loan, FA
NEWPORT BEACH, CA
12,800,000 175 30968 11/21/2008 N/A N/A
U.S. Bank, NA
MINNEAPOLIS, MN
242,596,810 6548 PFF Bank & Trust
POMONA, CA
3,700,000 38 28344 11/21/2008 N/A N/A
United Bank
ZEBULON, GA
646,242 172 First Georgia Community Bank
JACKSON, GA
60,600 4 34301 12/5/2008 N/A N/A
Branch Banking & Trust
WINSTON-SALEM, NC
133,166,158 9846 Haven Trust Bank
DULUTH, GA
55,000 4 35379 12/12/2008 N/A N/A
The Pecos County State Bank
FORT STOCKTON, TX
116,010 13006 Sanderson State Bank
SANDERSON, TX
3,800 1 11568 12/12/2008 N/A N/A

Note 3: 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. Thus, there is no "Department of Justice Reply Date," nor an "application number."

** Washington Mutual Bank, FSB, Park City, UT was a subsidiary of Washington Mutual Bank, Henderson, NV. Therefore, "Assets Acquired" from Washington Mutual Bank, Henderson, NV represents the consolidated total assets purchased by JPMorgan Chase Bank, NA.



Last Updated 12/04/2009 supervision@fdic.gov

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