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Home > Regulation & Examinations > Bank Examinations > Merger Decisions: 2008 Annual Report to Congress





Merger Decisions: 2008 Annual Report to Congress

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Regular Mergers
Corporate Reorganization Mergers
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Complete 2008 Report - PDF
1.2M (PDF Help)
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Corporate Reorganization 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) Offices Acquired Cert# Action Approved DOJ
Reply Date
See Note 1
Application Number
Frandsen Bank & Trust
LONSDALE, MN
265,500 1399 First National Bank of Montgomery
MONTGOMERY, MN
57,811 1 18705 7/3/2008   20081263
Minnwest Bank Central
MONTEVIDEO, MN
207,048 1398 Minnwest Bank Ortonville
ORTONVILLE, MN
96,428 1 9344 1/31/2008   20073429
Minnwest Bank Metro
ROCHESTER, MN
249,814 17898 Minnwest Bank, M.V.
REDWOOD FALLS, MN
140,073 1 16958 9/22/2008   20081660
First Independent Bank
RUSSELL, MN
118,628 1900 First Independent Bank of Wood Lake
WOOD LAKE, MN
16,972 2 10578 11/10/2008   20082275
Highland Bank
SAINT MICHAEL, MN
507,223 16111 Ridgedale State Bank
MINNETONKA, MN
118,103 2 22660 6/16/2008   20081048
First Security Bank - Sleepy Eye
SLEEPY EYE, MN
121,750 5252 First Security Bank - Renville
RENVILLE, MN
42,421 3 10961 6/23/2008   20081073
Roundbank
WASECA, MN
209,461 5271 American Savings, Inc.
NEW PRAGUE, MN
5,153 0 34549 2/8/2008   20073312
Enterprise Bank & Trust
CLAYTON, MO
1,814,859 27237 Great American Bank
DE SOTO, KS
170,944 1 10908 5/21/2008   20080839
The Lathrop Bank
LATHROP, MO
37,955 8569 Citizens Bank of Norborne
NORBORNE, MO
28,305 1 9802 6/23/2008   20081062
The Bank of Missouri
PERRYVILLE, MO
577,219 1617 Countryside Bank
REPUBLIC, MO
99,879 2 34743 7/21/2008   20081493
First Central Bank
WARRENSBURG, MO
120,978 25268 Bank of Holden
HOLDEN, MO
102,736 5 8297 7/29/2008   20081602
Community Bank
ELLISVILLE, MS
448,136 11444 Community Bank
MERIDIAN, MS
141,575 2 35352 6/12/2008   20081087
Bank of America, National Association
CHARLOTTE, NC
1,290,376,229 3510 USTrust Technology and Support Services, Inc.
JERSEY CITY, NJ
14,519 0 N/A 3/14/2008   20073191
New Century Bank
DUNN, NC
374,299 35465 New Century Bank South
FAYETTEVILLE, NC
217,580 5 57609 2/11/2008   20073101
First Bank
TROY, NC
2,318,322 15019 Sentry Bank & Trust
CHERAW, SC
220,451 3 28032 3/21/2008   20080811
Farnam Bank
FARNAM, NE
24,387 12244 First State Bank
HOLBROOK, NE
27,444 1 58217 10/22/2008   20082302
Security First Bank
LINCOLN, NE
517,110 5415 The First National Bank & Trust Company of Beatrice
BEATRICE, NE
178,361 8 5382 7/1/2008   20081152
Metlife Bank, National Association
BRIDGEWATER, NJ
7,739,725 35055 EverBank Reverse Mortgage LLC
BLOOMFIELD, NJ
172,249 0 N/A 9/5/2008   20081828
Two River Community Bank
MIDDLETOWN, NJ
362,255 35426 The Town Bank
WESTFIELD, NJ
211,588 3 34655 12/29/2008   20082802
Valley National Bank
PASSAIC, NJ
12,965,879 9396 VNB Del II, Inc.
WAYNE, NJ
212,808 0 N/A 8/28/2008   20081985

Note 1: An 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 solely involved an insured depository institution and one or more of the affiliates of such depository institution.



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Data Date(s) 01/01/2008 to 12/31/2008




Last Updated 12/03/2009 supervision@fdic.gov

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