Interim Mergers
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Applicant Institution | Other / Target Institution | ||||||||
Institution Name City, State |
Total Assets (000's) | Cert # | Institution Name City, State |
Assets Acquired (000's) | Cert# | Action Approved | DOJ Reply Date See Note |
Application Number | |
ServisFirst Bank BIRMINGHAM, AL |
818,428 | 57993 | SFB Interim, Inc. BIRMINGHAM, AL |
0 | 0 | 11/14/2007 | 20072550 | ||
EverTrust Bank CITY OF INDUSTRY, CA |
323,867 | 34010 | IBT Acquisition Corporation LOS ANGELES, CA |
0 | 0 | 3/12/2007 | 20062204 | ||
Bank of Marin CORTE MADERA, CA |
876,587 | 32779 | Bank of Marin Merger Corp. CORTE MADERA, CA |
0 | 0 | 4/23/2007 | 20070809 | ||
Redwood Capital Bank EUREKA, CA |
103,241 | 57610 | RCB Merger Company EUREKA, CA |
0 | 0 | 2/20/2007 | 20070180 | ||
Pacific City Bank LOS ANGELES, CA |
388,567 | 57463 | Pacific City Merger Corp. LOS ANGELES, CA |
100 | 0 | 5/18/2007 | 20071015 | ||
SoCal Interim Bank PASADENA, CA |
0 | Professional Business Bank PASADENA, CA |
197,275 | 57148 | 6/18/2007 | 20071264 | |||
Security Business Bank of San Diego SAN DIEGO, CA |
165,505 | 57357 | SBB Merger Company SAN DIEGO, CA |
0 | 0 | 11/19/2007 | 20072662 | ||
Founders Community Bank SAN LUIS OBISPO, CA |
73,726,000 | 57924 | Founders Merger Corp. SAN LUIS OBISPO, CA |
100 | 0 | 6/11/2007 | 20071034 | ||
Western Commercial Bank WOODLAND HILLS, CA |
53,132 | 58087 | WCB Merger Company WOODLAND HILLS, CA |
100 | 0 | 8/24/2007 | 20071737 | ||
Penn Christiana Interim Bank GREENVILLE, DE |
0 | Christiana Bank & Trust Company GREENVILLE, DE |
184,958 | 33875 | 10/29/2007 | 20072503 | |||
County Bank REHOBOTH BEACH, DE |
332,831 | 33009 | First Option Merger Company REHOBOTH BEACH, DE |
0 | 0 | 9/11/2007 | 20072164 | ||
PB Interim Bank ORLANDO, FL |
0 | Prime Bank MELBOURNE, FL |
48,926 | 57832 | 11/9/2007 | 20072081 | |||
BOT Interim Bank TALLAHASSEE, FL |
0 | The Bank of Tallahassee TALLAHASSEE, FL |
80,618 | 57211 | 3/8/2007 | 20070301 | |||
The Bank of Venice VENICE, FL |
67,941 | 57386 | TBV Interim Bank VENICE, FL |
0 | 0 | 3/16/2007 | 20070261 | ||
Signature Bank of Georgia DUNWOODY, GA |
71,673 | 58103 | Signature Interim Corporation SANDY SPRINGS, GA |
0 | 0 | 1/24/2007 | 20063295 | ||
KB Interim Bank WICHITA, KS |
250 | Bank of Kansas SOUTH HUTCHINSON, KS |
0 | 17378 | 6/20/2007 | 20071493 | |||
Citizens Progressive Bank COLUMBIA, LA |
40,721 | 10531 | Citizens Interim Bank COLUMBIA, LA |
1 | 0 | 11/29/2007 | 20072974 | ||
Your Bank PONCHATOULA, LA |
51,174 | 57812 | FHSB Interim Savings Bank NEW ORLEANS, LA |
0 | 0 | 10/15/2007 | 20072445 | ||
Capital Crossing Bank BOSTON, MA |
1,070,645 | 27184 | Bantam Acquisition Bank, FSB BOSTON, MA |
0 | 0 | 1/2/2007 | 20063180 | ||
BankFive Merger Subsidiary Bank FALL RIVER, MA |
0 | Luzo Community Bank NEW BEDFORD, MA |
65,993 | 22893 | 5/24/2007 | 20070984 |
Note: An interim merger is a merger (other than a purchase and assumption transaction) between an operating institution and a newly-formed institution or corporation that will not open for business, which exists solely for the purpose of facilitating a corporate reorganization and that would have no effect on competition. Therefore, similar to the corporate reorganization-type mergers, the October 13, 2006 amendment to the Bank Merger Act removed the requirement for the responsible agency to request a report of competitive factors from the Department of Justice when the merger transaction involved solely an insured depository institution and one or more of the affiliates of such depository institution.
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