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Mergers & Acquisitions
FIRSTMERIT CORPORATION (NASDAQ - FMER)
M&A Deal Type
Acquisitions
Sales/Divestitures
Bank & Thrift Company Deals
Target
Seller
State
Industry
Type
Announce
Date
Status
Deal Value
($M)
Target Total
Assets ($000)
Signal Corp.
OH
Bank
8/11/1998
Completed on 2/12/1999
473.0
1,519,719
Security First Corp.
OH
Thrift
4/05/1998
Completed on 10/23/1998
255.1
677,876
CoBancorp Inc.
OH
Bank
11/03/1997
Completed on 5/22/1998
157.2
654,365
Madison Bank, A Savings Bank
FL
Thrift
2/16/1995
Terminated
5.8
149,680
CIVISTA Corporation
OH
Thrift
8/10/1994
Completed on 1/31/1995
159.8
808,210
Great Northern Financial Corporation
OH
Thrift
9/28/1993
Completed on 4/29/1994
51.5
381,941
Peoples Savings Bank
OH
Thrift
12/15/1989
Completed on 10/30/1990
13.7
301,012
Bank & Thrift Branch Deals
Target
Seller
Industry
Type
Announce
Date
Status
Number of
Branches
All
Branch
States
Total Deposits
Transferred
($000)
24 Branches
First Banks, Inc.
Bank
11/11/2009
Pending
24
IL
1,194,000
3 Branches
First Western Bancorp, Inc.
Thrift
10/09/1997
Completed on 1/17/1998
3
OH
49,000
Government Assisted Deals
Target
Seller
State
Industry
Type
Date Sold
Target Total
Assets ($000)
Target Assets
Sold ($000)
Target Total
Deposits ($000)
Carteret Federal Savings Bank
FL
Thrift
10/28/1994
NA
NA
30,000
Life Savings Bank
FL
Thrift
3/11/1994
2,500
20,500
24,300
Insurance Broker Deals
Target
Seller
Announce
Date
Status
Deal Value
($M)
LTM
Revenue
($000)
Abell & Associates, Inc.
5/06/1997
Completed on 5/6/1997
NA
NA
Specialty Finance Portfolio Company Deals
Target
Seller
Announce
Date
Status
Deal Value
($M)
Target Net
Receivables
($000)
Asset Based Loan bus
First Banks, Inc.
11/11/2009
Pending
104,000
Copyright 2009,
© SNL Financial LC
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