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Mergers & Acquisitions R & G FINANCIAL CORPORATION (Pink - RGFC)  M&A History Return to Mergers & Acquisitions  Deal Overview Buyer: R & G Financial Corporation Actual Acquirer: R & G Financial Corporation Target: Crown Group, Inc. Deal Type: Bank & Thrift Company Announcement Date 2/27/2002 Announced Deal Value ($M) 100.0 Status Completed Completion Date 6/7/2002 Announced Deal Value Per Share ($) NA  Consideration Breakout Cash ($M) 100.0  Deal Pricing Ratios   Announcement Completion Price / Book (%) 128.2 156.3 Price / Tangible Book (%) 128.2 156.3 Price / Earnings (x) NM NA Price / Deposits (%) 22.12 21.69 Price / Assets (%) 15.46 15.06 Tangible Book Premium/ Deposits (%) 6.22 10.28 Deal Terms  Description of Consideration R&G paid $100.0M in cash to acquire Crown. Seller's financials are for Crown Bank. Under original terms, R&G would have paid $100M in cash and issued a $5M, five-year 6.75% subordinated debenture to acquire Crown. Accounting Method Purchase In-State Transaction? No Merger of Equals? No Geographic Expansion? Market Expansion Goodwill Generated ($000) 49,900 Estimated Cost Savings (%) 6.50 Estimated Cost Savings ($000) NA Est. Restructuring Charges ($000) 8,600 Maximum Termination Fee ($000) 3,000 Minimum Termination Fee ($000) NA Exchange Ratio (Common For Common) 0.0000 Exchange Ratio (Common For Preferred) 0.0000 Exchange Ratio (Preferred For Common) 0.0000 Exchange Ratio (Preferred For Preferred) 0.0000 Lockup Agreement No Strike Price ($) NA % of Shares Outstanding NA Shares Under Option NA Core Deposit Intangibles ($000) 2,300  Deal Advisers - Financial Advisers Party Advised Adviser Hired? Firm Name Buyer Yes UBS Securities LLC Seller Yes Keefe Bruyette & Woods Inc.    Deal Advisers - Legal Counsel Party Advised Adviser Hired? Firm Name Buyer Yes Kelley Drye & Warren LLP Seller Yes Squire Sanders & Dempsey   Copyright 2010, © SNL Financial LC  Terms of Use