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Analysis

Merger Decisions: 2009 Annual Report to Congress

Failed or Closed Bank Mergers

<< Previous Page | Page 2 of 4 (of 71 records) | Next Page >>

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
First-Citizens Bank & Trust Company
RALEIGH, NC
14,063,056 11063 Venture Bank
LACEY, WA
968,385 20 22868 9/11/2009    
Sunwest Bank
TUSTIN, CA
467,805 20164 First State Bank
FLAGSTAFF, AZ
107,235 6 34875 9/4/2009    
Great Southern Bank
REEDS SPRING, MO
3,332,891 29546 Vantus Bank
SIOUX CITY, IA
503,643 14 27732 9/4/2009    
Great American Bank
DE SOTO, KS
39,575 10908 First Bank of Kansas City
KANSAS CITY, MO
15,723 1 25231 9/4/2009    
Pacific Western Bank
SAN DIEGO, CA
4,470,212 24045 Affinity Bank
VENTURA, CA
1,211,431 10 27197 8/28/2009    
Central Bank
STILLWATER, MN
431,347 27234 Mainstreet Bank
FOREST LAKE, MN
458,533 8 1909 8/28/2009    
United Bank
ZEBULON, GA
780,880 172 First Coweta Bank
NEWNAN, GA
163,755 4 57702 8/21/2009    
Branch Banking and Trust Company
WINSTON SALEM, NC
147,643,909 9846 Colonial Bank
MONTGOMERY, AL
25,455,112 22 9609 8/14/2009    
United Central Bank
GARLAND, TX
1,142,620 25330 Mutual Bank
HARVEY, IL
1,595,657 12 18659 7/31/2009    
Crown Bank
OCEAN CITY, NJ
374,323 34270 First BankAmericano
ELIZABETH, NJ
163,372 6 34270 7/31/2009    
Stonegate Bank
FORT LAUDERDALE, FL
588,725 57934 Integrity Bank
JUPITER, FL
105,298 1 57604 7/31/2009    
Herring Bank
AMARILLO, TX
422,564 5568 First State Bank of Altus
ALTUS, OK
90,867 2 9873 7/31/2009    
State Bank and Trust Company
PINEHURST, GA
34,792 57870 Security Bank of Jones County
GRAY, GA
432,712 1 8486 7/24/2009    
State Bank and Trust Company
PINEHURST, GA
34,792 57870 Security Bank of Houston County
PERRY, GA
371,624 5 27048 7/24/2009    
State Bank and Trust Company
PINEHURST, GA
34,792 57870 Security Bank of Bibb County
MACON, GA
943,744 11 27367 7/24/2009    
State Bank and Trust Company
PINEHURST, GA
34,792 57870 Security Bank of North Metro
WOODSTOCK, GA
184,184 1 57105 7/24/2009    
State Bank and Trust Company
PINEHURST, GA
34,792 57870 Security Bank of North Fulton
ALPHARETTA, GA
190,564 1 57430 7/24/2009    
State Bank and Trust Company
PINEHURST, GA
34,792 57870 Security Bank of Gwinnett County
SUWANEE, GA
259,182 1 57346 7/24/2009    
First-Citizens Bank & Trust Company
Raleigh, NC
14,603,056 11063 Temecula Valley Bank
TEMECULA, CA
1,396,622 13 34341 7/17/2009    
California Bank & Trust
SAN DIEGO, CA
10,306,416 20852 Vineyard Bank
RANCHO CUCAMONGA, CA
1,638,378 17 23556 7/17/2009    

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 2 of 4 (of 71 records) | Next Page >> Data Date(s) 01/01/2009 to 12/31/2009

Last Updated: February 25, 2011