Mergers & Acquisitions

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Deal Overview

Buyer:
Fidelity Southern Corporation
Actual Acquirer:
Fidelity Bank
Target:
8 Branches
Deal Type:
Bank & Thrift Branch
Seller:
First Banks, Inc.
Agreement Date:
5/20/2015
Announcement Date:
5/20/2015
Number of Target Branches
8
Branch Locations
Bradenton (6)
FL
Longboat Key
FL
Palmetto
FL
Franchise Premium ($ 000)
1,539
Tangible Book Premium/ Deposits (%)
1.00
Status:
Completed
Completion Date:
9/11/2015

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 153,900
Total Assets ($ 000) 152,361
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes FIG Partners LLC
Seller Yes Sandler O'Neill & Partners LP
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Troutman Sanders LLP
Seller NA NA