Failed or Closed Bank Mergers
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: |
---|---|---|---|---|---|---|---|---|---|
Applicant Institution | Other / Target Institution | empty cell | |||||||
Delta Trust & Bank PARKDALE, AR | 95,140 | 92 | Sinclair National Bank GRAVETTE, AR | 2,765 (of 30,662) | 2 | 34248 | 8/21/2001 | N/A | 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. Thus, there is no "Department of Justice reply date," nor an "application number."