Mergers & Acquisitions

Investor Search

  • Entire IR Site
    Press Releases Only
    Filings Only
M&A History<< Return to Mergers & Acquisitions
Deal Overview
Buyer: Zions Bancorporation
Actual Acquirer: Zions First National Bank
Target: NA
Seller: RTC
Deal Type: Government Assisted
Type of Govt Assisted Transaction: Insured Deposit Transfer
Agreement Date2/28/1992
Announcement Date2/28/1992
Date Placed in Conservatorship7/5/1990
Estimated Cost to Reg Agency ($000)3,100
Cost to Reg Agency/ Deposits (%)32.98
Cost to Reg Agency/ Assets (%)41.33
Assets Sold/ Assets (%)60.00
Deal Summary
Deal Terms
Description of Consideration
Assets Sold in Resolution ($000)4,500
Deposits Transferred ($000)NA
Deposits Liquidated ($000)NA
Premium Paid ($000)1
Deal Financials
Total Assets at Assumption ($000)7,500
Total Deposits at Assumption ($000)9,400
Core Deposits at Assumption ($000)1,500

Copyright 2019, © S&P Global Market Intelligence  Terms of Use