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Analysis

Merger Decisions: 2000 Annual Report to Congress

Probable Failure or Emergency Mergers
Table of Contents

Institution Name
City, State
Total Assets (000's)Cert #Institution Name
City, State
Total Assets (000's)Cert #Action
Approved
DOJ
Reply Date:
Application
Number:
 
Applicant InstitutionOther / Target Institutionempty cell
Citizens Bank & Savings Company
RUSSELLVILLE, AL
$333,57315310The Bank of Falkner
FALKNER, MS
$85,48533809/25/2000N/AN/A 
Citizens Bank (Proposed New Bank)
CARLISLE, IA
$135516Hartford-Carlisle Savings Bank
CARLISLE, IA
$105,0441422801/07/2000N/AN/A 
Banterra Bank
MARION, IL
$669,29217514The National State Bank of Metropolis
METROPOLIS, IL
$90,397381512/11/2000N/AN/A 
S&C Bank (Proposed New Bank)
ALMELUND, MN
$157076Town and Country Bank of Almelund
ALMELUND, MN
$30,2791098506/06/2000N/AN/A 
Southern New Hampshire Bank and Trust Company
SALEM, NH
$152,66624540First Alliance Bank and Trust Company
MANCHESTER, NH
$18,4003426412/21/2000N/AN/A 
Israel Discount Bank of New York
NEW YORK CITY, NY
$4,605,71819977Monument National Bank
Ridgecrest, CA
$7,9232505605/10/2000N/AN/A 

NOTE: The 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." 

Table of Contents

Last Updated: October 29, 2001