Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Analysis

Merger Decisions: 2004 Annual Report to Congress

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.

Last Updated: July 8, 2008