Mergers & Acquisitions

Source: SNL

Return to Mergers & Acquisitions

Deal Overview

Buyer:
Minier Financial, Incorporated
Actual Acquirer:
First Farmers State Bank
Target:
1 Branch
Deal Type:
Bank & Thrift Branch
Seller:
Commerce Bancshares, Inc.
Agreement Date:
3/22/1996
Announcement Date:
3/22/1996
Number of Target Branches
1
Branch Locations
Delavan
IL
Franchise Premium ($ 000)
1,550
Tangible Book Premium/ Deposits (%)
8.52
Status:
Completed
Completion Date:
3/22/1996

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 18,200
Total Assets ($ 000) 16,650
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Austin Financial Services
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Kuhfuss & Proehl
Seller No NA