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 |
---|---|---|---|---|---|---|---|---|---|
Hancock Bank of Florida Tallahassee, FL |
0 | 57819 | Guaranty National Bank of Tallahassee Tallahassee, FL |
56,600 | 5 | 26838 | 03/12/2004 | ||
Union State Bank Nanuet, NY |
2,901,416 | 20119 | Reliance Bank White Plains, NY |
17,500 | 1 | 26778 | 03/19/2004 | ||
Far West Bank Provo, UT |
311,011 | 21987 | Bank of Ephraim Ephraim, UT |
5,500 | 3 | 1249 | 06/25/2004 |
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. |