Mergers & Acquisitions

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M&A Deal Type 
Bank & Thrift Company Deals

Target
Seller
StateIndustry
Type
Announce
Date
StatusDeal Value
($M)
Target Total
Assets ($000)
Peoples Bank of VirginiaVABank3/01/2012Completed on 5/31/201240.55285,898
TriStone Community BankNCBank4/02/2009Completed on 7/30/20098.31152,417
Coddle Creek Financial Corp.NCThrift7/31/2008Completed on 11/14/200833.04158,932
PCB Bancorp, Inc.TNBank12/31/2003Completed on 3/31/200436.06166,802
CommonWealth BankVABank1/27/2003Completed on 6/9/200324.77129,802
Monroe Financial, IncorporatedWVBank5/22/2002Completed on 11/30/20022.0035,073
Citizens Southern Bank, Inc.WVBank6/27/2000Completed on 10/31/20006.5064,550
Blue Ridge BankNCBank11/22/1996Completed on 4/9/199724.30103,156
Citizens Bank of TazewellVABank1/16/1996Completed on 7/3/19968.0048,961
American Bankshares, IncorporatedWVBank10/26/1994Terminated8.6077,844
Peoples Bank of Richwood, IncWVBank9/15/1992Completed on 1/29/19930.3032,943
 
Bank & Thrift Branch Deals

Target
Seller
Industry
Type
Announce
Date
StatusNumber of
Branches
All
Branch
States
Total Deposits
Transferred
($000)
7 Branches
First Bancorp
Bank3/04/2016Completed on 7/15/20167VA134,300
7 Branches
Bank of America Corporation
Bank6/10/2014Completed on 10/24/20147NC,VA318,000
4 Branches
BB&T Corporation
Bank8/09/2001Completed on 12/7/20014VA122,891
1 Branch
Huntington Bancshares Incorporated
Bank7/02/1997Completed on 9/26/19971WV51,500
3 Branches
First Virginia Banks, Inc.
Bank6/19/1997Completed on 7/17/19973VA45,500
2 Branches
Huntington Bancshares Incorporated
Bank5/30/1996Completed on 9/30/19962WV20,818
 
Government Assisted Deals

Target
Seller
StateIndustry
Type
Date SoldTarget Total
Assets ($000)
Target Assets
Sold ($000)
Target Total
Deposits ($000)
Waccamaw BankNCBank6/08/2012533,114483,375472,704
First Federal S&LAWVThrift11/09/199028,50023,10024,400
 
Insurance Broker Deals

Target
Seller
Announce
Date
Status Deal Value
($M)
LTM
Revenue
($000)
Undisclosed Insurance agency12/31/2013Completed on 12/31/20130.40NA
Murphy Insurance Agency, Inc.7/31/2010Completed on 7/31/20100.67NA
Carr & Hyde Insurance, Inc.12/16/2008Completed on 12/16/2008NANA
Brokerage East, Inc.12/01/2008Completed on 12/1/2008NANA
Main Insurance Agency10/01/2008Completed on 10/1/2008NANA
REL Insurance Services, Inc.7/31/2008Completed on 7/31/20081.80NA
Allgood Insurance5/16/2008Completed on 5/16/2008NANA
GreenPoint Insurance Group, Inc.9/28/2007Completed on 9/28/20073.27NA
 
Securities & Investments Deals

Target
Seller
TypeAnnounce
Date
StatusDeal Value
($M)
Target
Total
Assets
($000)
Investment Planning Consultants, Inc.Asset Manager11/30/2006Completed on 11/30/20062.90NA
Stone Capital Management, Inc.Asset Manager1/15/2003Completed on 1/15/20030.49NA
 
Specialty Finance Company Deals

Target
Seller
Announce
Date
Status Deal Value
($M)
Target Total
Assets ($000)
United First Mortgage Inc.
United First Mortgage Incorporated
9/28/1999Completed on 9/28/19991.97NA
 

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