Mergers & AcquisitionsFIRST BANCORP. (NYSE - FBP)  
M&A Deal Type 
Bank & Thrift Company Deals

Target
Seller
StateIndustry
Type
Announce
Date
StatusDeal Value
($M)
Target Total
Assets ($000)
Virgin Islands Community BankVIBank1/03/2008Completed on 1/28/20083.0065,098
Ponce General CorporationPRThrift11/22/2004Completed on 3/31/200583.06471,378
First Virgin Islands Federal Savings BankVIThrift4/26/2000Completed on 9/25/2000NA55,958
 
Bank & Thrift Branch Deals

Target
Seller
Industry
Type
Announce
Date
StatusNumber of
Branches
All
Branch
States
Total Deposits
Transferred
($000)
10 Branches
Popular, Inc.
Bank2/27/2015Completed on 2/27/201510PR522,700
7 Branches
J.P. Morgan Chase & Co.
Bank2/28/2002Completed on 10/16/20027VI342,000
4 Branches
Citigroup, Inc.
Bank10/29/1999Completed on 12/31/19994PR,VI83,000
1 Branch
Royal Bank of Canada
Bank4/26/1999Completed on 9/15/19991PR40,000
 
Specialty Finance Portfolio Company Deals

Target
Seller
Announce
Date
StatusDeal Value
($M)
Target Net
Receivables
($000)
Residential mortgage loans
Doral Financial Corporation
10/02/2014Completed on 10/3/2014192.70192,600
Mortgage loans
Doral Financial Corporation
5/30/2014Completed on 5/30/2014234.10242,100
Credit card portfolio
Bank of America Corporation
5/07/2012Completed on 5/30/2012400,000
Auto loan portfolio
Cerberus Capital Management, LP
7/31/2008Completed on 7/31/2008218,000
 

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