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Analysis

Merger Decisions: 2009 Annual Report to Congress

Failed or Closed Bank Mergers

<< Previous Page | Page 4 of 4 (of 71 records)

Applicant Institution Other / Target Institution  
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
See Note 3
Application Number
See Note 3
Bank of Nevada
LAS VEGAS, NV
3,008,087 33897 Security Savings Bank
HENDERSON, NV
238,307 2 34820 2/27/2009    
Citizens Bank
CORVALLIS, OR
379,449 17809 Silver Falls Bank
SILVERTON, OR
134,206 3 35399 2/20/2009    
Washington Trust Bank
SPOKANE, WA
4,084,953 1281 Pinnacle Bank of Oregon
BEAVERTON, OR
71,921 1 57342 2/13/2009    
TIB Bank
NAPLES, FL
1,514,569 21435 Riverside Bank of the Gulf Coast
CAPE CORAL, FL
523,673 13 34563 2/13/2009    
Heritage Bank
WOOD RIVER, NE
409,026 17145 Sherman County Bank
LOUP CITY, NE
135,431 4 5431 2/13/2009    
Westamerica Bank
SAN RAFAEL, CA
4,007,679 3430 County Bank
MERCED, CA
1,711,552 41 22574 2/6/2009    
California Bank & Trust
SAN DIEGO, CA
10,145,372 20852 Alliance Bank
CULVER CITY, CA
1,113,361 5 23124 2/6/2009    
First California Bank
WESTLAKE VILLAGE, CA
1,177,852 22819 1st Centennial Bank
REDLANDS, CA
797,959 6 33025 1/23/2009    
Umpqua Bank
ROSEBURG, OR
8,599,058 17266 Bank of Clark County
ANCOUVER, WA
441,085 2 34959 1/16/2009    
Republic Bank of Chicago
OAK BROOK, IL
906,275 19333 National Bank of Commerce
BERKELEY, IL
419,741 2 19733 1/16/2009    

Note 3: The "Other/Target Institution" is an institution that failed during 2009. The respective "Applicant Institution" is the competitive bidding winner to purchase certain assets and assume the liabilities to pay certain deposits of the "Other/Target Institution." The FDIC's Board of Directors found that immediate action was necessary, and, therefore, the publication of notice and solicitation of reports on the competitive factors were not required. Thus, there is no "Department of Justice Reply Date," nor an "Application Number."

If the "Applicant Institution" is a non FDIC-supervised financial institution, the Primary Federal Regulator processed that merger application, and that application is not included in the FDIC's annual merger totals.



<< Previous Page | Page 4 of 4 (of 71 records) Data Date(s) 01/01/2009 to 12/31/2009

Last Updated: February 25, 2011