Mergers & Acquisitions

Source: SNL

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Deal Overview

Buyer:
Plains State Bank
Actual Acquirer:
Plains State Bank
Target:
1 Branch
Deal Type:
Bank & Thrift Branch
Seller:
Commerce Bancshares, Inc.
Agreement Date:
11/5/2008
Announcement Date:
11/5/2008
Number of Target Branches
1
Branch Locations
Lakin
KS
Franchise Premium ($ 000)
782
Tangible Book Premium/ Deposits (%)
9.78
Status:
Completed
Completion Date:
2/20/2009

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 8,000
Total Assets ($ 000) 7,218
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Capital Corporation LLC
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller No NA