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Analysis

Merger Decisions: 2010 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
Bay Cities Bank
TAMPA, FL
568,362 35066 Progress Bank of Florida
TAMPA, FL
94,823 2 32251 10/22/2010    
Grandpoint Bank
SANTA ANA, CA
99,339 58390 First Vietnamese American Bank
WESTMINSTER, CA
48,000 1 57885 11/05/2010    
Heritage Bank
OLYMPIA, WA
1,098,544 29012 Pierce Commercial Bank
TACOMA, WA
221,082 1 34411 11/05/2010    
First California Bank
WESTLAKE VILLAGE, CA
1,496,696 22819 Western Commercial Bank
WOODLAND HILLS, CA
98,635 1 58087 11/05/2010    
Ameris Bank
MOULTRIE, GA
2,430,634 20504 Darby Bank & Trust Co.
VIDALIA, GA
654,714 7 14580 11/12/2010    
Ameris Bank
MOULTRIE, GA
2,430,634 20504 Tifton Banking Company
TIFTON, GA
143,729 1 57831 11/12/2010    
VIST Bank
WYOMISSING, PA
1,341,013 7748 Allegiance Bank of North America
BALA, CYNWYD, PA
106,595 5 35078 11/19/2010    
First Michigan Bank
TROY, MI
1,271,741 58132 First Banking Center
BURLINGTON, WI
750,724 17 5287 11/19/2010    
Level One Bank
FARMINGTON HILLS, MI
211,726 58604 Paramount Bank
FARMINTON HILLS, MI
252,744 4 34673 12/10/2010    
Peoples Bank of East Tennessee
MADISONVILLE, TN
170,016 34517 Appalachian Community Bank, F.S.B.
MCCAYSVILLE, GA
60,656 3 58495 12/17/2010    
Bank of the Ozarks
LITTLE ROCK, AR
3,164,143 110 Chestatee State Bank
DAWNSONVILLE, GA
244,376 4 34578 12/17/2010    
State Bank and Trust Company
MACON, GA
271,255 57870 United Americas Bank, NA
ATLANTA, GA
242,339 2 35065 12/17/2010    

Note 3: The "Other/Target Institution" is an institution that failed during 2010. 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 report.


<< Previous Page | Page 4 of 4 (of 71 records) Data Date(s) 01/01/2010 to 12/31/2010

Last Updated: March 1, 2012