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Merger Decisions: 2009 Annual Report to Congress

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Regular Reorganization Mergers
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Complete 2009 Report - PDF
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Failed or Closed Bank 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 3
Application Number
See Note 3
Beal Bank
PLANO, TX
2,491,440 32574 New South Federal Savings Bank
IRONDALE, AL
1,464,127 1 32276 12/18/2009    
Hancock Bank
GULFPORT, MS
3,576,710 12441 Peoples First Community Bank
PANAMA CITY, FL
1,795,420 33 32167 12/18/2009    
Enterprise Bank & Trust
CLAYTON, MO
2,490,564 27237 Valley Capital Bank, N.A.
MESA, AZ
40,270 1 58399 12/11/2009    
New York Community Bank,
WESTBURY, NY
30,848,287 16022 AmTrust Bank
CLEVELAND, OH
11,438,990 65 29776 12/4/2009    
Heritagebank Of The South
ALBANY, GA
467,365 50028 The Tattnall Bank
REIDSVILLE, GA
49,612 2 12080 12/4/2009    
State Bank & Trust Company
MACON, GA
1,832,783 57870 First Security National Bank
NORCROSS, GA
127,455 4 26290 12/4/2009    
State Bank and Trust Company
MACON, GA
1,832,783 57870 The Buckhead Community Bank
ATLANTA, GA
856,236 7 34663 12/4/2009    
Central Bank
STILLWATER, MN
768,950 27234 Commerce Bank of Southwest Florida
FORT MEYERS, FL
70,997 1 58016 11/20/2009    
Sunwest Bank
TUSTIN, CA
568,449 20164 Pacific Coast National Bank
SAN CLEMENTE, CA
131,418 2 57914 11/13/2009    
Central Bank of Kansas City
KANSAS CITY, MO
177,463 17009 Gateway Bank of St. Louis
ST. LOUIS, MO
26,882 1 19450 11/6/2009    
Liberty Bank and Trust Company
NEW ORLEANS, LA
402,917 20856 Home Federal Savings Bank
DETROIT, MI
12,994 2 30329 11/6/2009    
Ameris Bank
MOULTRIE, GA
2,227,538 20504 United Security Bank
SPARTA, GA
153,639 2 22286 11/6/2009    
Central Bank
STILLWATER, MN
768,950 27234 Riverview Community Bank
OTSEGA, MN
99,057 2 57525 10/23/2009    
Stonegate Bank
FORT LAUDERDALE, FL
465,502 57934 Hillcrest Bank Florida
NAPLES, FL
82,774 6 58336 10/23/2009    
Ameris Bank
MOULTRIE, GA
2,227,538 57794 American United Bank
LAWRENCEVILLE, GA
110,094 1 57794 10/23/2009    
Stonegate Bank
FORT LAUDERDALE, FL
465,502 57934 Partners Bank
NAPLES, FL
65,498 2 57959 10/23/2009    
Citizens Business Bank
ONTARIO, CA
6,538,227 21716 San Joaquin Bank
BAKERSFIELD, CA
766,359 5 23266 10/16/2009    
Legacy Bank
WILEY, CO
211,242 12699 Southern Colorado National Bank
PUEBLO, CO
37,142 2 57263 10/2/2009    
Central Bank
STILLWATER, MN
768,950 27234 Jennings State Bank
SPRING GROVE, MN
52,347 2 11416 10/2/2009    
First Citizens Bank and Trust Company, Inc.
COLUMBIA, SC
6,781,622 15504 Georgian Bank
ATLANTA, GA
2,230,230 5 57151 9/25/2009    

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.



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Data Date(s) 01/01/2009 to 12/31/2009



Last Updated 2/25/2011 supervision@fdic.gov