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. |