FEDERAL DEPOSIT 

INSURANCE CORPORATION

Merger Decisions

2020
FEDERAL DEPOSIT INSURANCE CORPORATION

MERGER DECISIONS

ANNUAL REPORT TO CONGRESS

Bank Merger Act Reporting Requirements 

(Wednesday, January 1, 2020 through Thursday, December 31, 2020) 

The following Merger applications were approved by the FDIC during the year 2020. With regard to 

each application, the FDIC considered and found favorably with respect to the statutory factors, 

including the financial and managerial resources; future prospects of the existing and proposed 

institutions; the convenience and needs of the community to be served; the risk to the stability of the 

United States banking and financial system; and the effectiveness of each depository institution 

involved in the merger in combating money laundering activities, including in overseas branches. 

Except as noted, reports regarding the competitive factors were requested from the Attorney General, 

and Summary Reports from the Attorney General indicated that the transactions would not have a 

significant adverse effect on competition.

In each case, the FDIC determined that the transaction would not result in a monopoly or further any 

combination or conspiracy to monopolize or attempt to monopolize the business of banking in any part 

of the United States. In addition, the FDIC determined that the transaction would not have the effect 

in any section of the country to substantially lessen competition or tend to create a monopoly or in any 

other manner restrain trade, unless the anticompetitive effects of the transaction were clearly 

outweighed in the public interest by the probable effect of the transaction in meeting the convenience 

and needs of the community to be served. 

Finally, the FDIC determined that, for each interstate merger case (other than a case involving an 

insured institution in default or in danger of default), the resulting insured institution, including its 

affiliated insured institutions, upon consummation of the transaction would not control more than ten 

percent (10%) of the total amount of deposits of all insured depository institutions in the United States. 

Note: This Report is available on the FDIC's Public Information Center's website 

at: www.fdic.gov/bank/individual/merger/
Regular Mergers

Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired

(000's)

Offices 

Acquired

Action 

Approved

DOJ 

Reply Date

Application 

Number

22nd State Bank

LOUISVILLE, AL 

166,817 16910 Bank OZK 

LITTLE ROCK, AR 

110 70,950 1 10/14/2020 08/12/2020 20200819 

Bank OZK

LITTLE ROCK, AR 

26,380,409 110 Sharonview Federal Credit Union 

INDIAN LAND, SC 

0 117,600 2 12/01/2020 08/12/2020 20200831 

Arizona Bank & Trust

PHOENIX, AZ 

970,775 57620 Johnson Bank 

RACINE, WI 

20296 366,584 4 10/02/2020 08/28/2020 20200914 

First Western Trust Bank

DENVER, CO 

1,241,291 57607 Simmons Bank 

PINE BLUFF, AR 

3890 105,433 3 04/30/2020 04/03/2020 20200318 

Community State Bank

STARKE, FL 

140,509 17734 CenterState Bank, National Association 

WINTER HAVEN, FL 

33555 14,511 1 06/02/2020 05/11/2020 20200442 

United Community Bank

BLAIRSVILLE, GA 

13,058,533 16889 Seaside National Bank & Trust 

ORLANDO, FL 

58328 1,846,406 14 06/16/2020 05/27/2020 20200499 

Peach State Bank & Trust

GAINESVILLE, GA 

287,378 57923 First Century Bank, National 

Association 

GAINESVILLE, GA 

57123 6,002 0 07/14/2020 06/15/2020 20200616 

The Citizens Bank

NASHVILLE, GA 

245,920 15934 First Commerce Credit Union 

TALLAHASSEE, FL 

0 245,920 4 03/13/2020 10/17/2019 20191324 

Ben Franklin Bank of Illinois

ARLINGTON HEIGHTS, IL 

97,810 28384 Corporate America Family Credit Union 

ELGIN, IL 

0 97,810 2 04/13/2020 10/30/2019 20191174 

Royal Savings Bank

CHICAGO, IL 

404,765 28068 North Shore Bank, FSB 

BROOKFIELD, WI 

28679 43,065 2 03/06/2020 03/02/2020 20200088 

SouthernTrust Bank

GOREVILLE, IL 

58,652 57897 South Porte Bank 

MARION, IL 

17690 104,325 2 05/22/2020 04/23/2020 20200289 

First State Bank

MENDOTA, IL 

1,136,645 15752 H. F. Gehant Banking Co. 

WEST BROOKLYN, IL 

9264 58,448 2 01/30/2020 01/16/2020 20191646 

Morton Community Bank

MORTON, IL 

4,372,706 18429 Associated Bank, National Association 

GREEN BAY, WI 

5296 208,113 5 10/29/2020 09/30/2020 20201009 

First Bank of Berne

BERNE, IN 

702,916 9288 Adams County Mutual Savings Bank 

MONROE, IN 

0 18,426 0 02/26/2020 02/13/2020 20191483 

The Elberfeld State Bank

ELBERFELD, IN 

88,538 13104 Heritage Federal Credit Union 

NEWBURGH, IN 

0 88,538 3 12/03/2020 10/29/2020 20200909 

Community State Bank of Southwestern 

Indiana

POSEYVILLE, IN

 

89,637 8058 Crane Credit Union 

ODON, IN 

0 89,637 6 10/22/2020 08/28/2020 20200743 

West End Bank, S.B.

RICHMOND, IN 

301,157 28807 Three Rivers Federal Credit Union 

FORT WAYNE, IN 

159 301,157 4 05/07/2020 10/02/2019 20191232 

Republic Bank & Trust Company

LOUISVILLE, KY 

5,611,084 23627 Axos Bank 

SAN DIEGO, CA 

35546 130,000 0 04/16/2020 03/04/2020 20200218 

Commercial Capital Bank

DELHI, LA 

173,968 34784 First State Bank 

CROSSETT, AR 

18987 33,003 2 02/18/2020 12/23/2019 20191567 

Liberty Bank and Trust Company

NEW ORLEANS, LA 

627,810 20856 Louisville Development Bancorp, Inc. 

LOUISVILLE, KY 

0 5,170 0 03/23/2020 03/04/2020 20191620 

Regular Mergers (Page 1 of 4, of 76 records) 

Data Date(s) 01/01/2020 to 12/31/2020 
Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ 

Reply Date

Application 

Number

Cambridge Savings Bank

CAMBRIDGE, MA 

4,297,767 17870 Melrose Bank 

MELROSE, MA 

26511 336,877 1 03/31/2020 03/04/2020 20200211 

Cambridge Trust Company

CAMBRIDGE, MA 

2,841,855 8152 Wellesley Bank 

WELLESLEY, MA 

26605 979,235 7 02/26/2020 01/30/2020 20200059 

Bristol County Savings Bank

TAUNTON, MA 

2,310,656 23622 Freedom National Bank 

GREENVILLE, RI 

57254 126,285 2 06/04/2020 04/23/2020 20200293 

Kennebec Savings Bank

AUGUSTA, ME 

1,252,118 17897 Kennebec Federal Savings and Loan 

Association of Waterville 

WATERVILLE, ME 

29661 92,511 2 11/20/2020 08/12/2020 20200829 

Bangor Savings Bank

BANGOR, ME 

5,486,974 18408 Damariscotta Bank & Trust Co. 

DAMARISCOTTA, ME 

20931 209,298 6 11/10/2020 08/12/2020 20200240 

New Buffalo Savings Bank

NEW BUFFALO, MI 

116,833 31257 Teachers Credit Union 

SOUTH BEND, IN 

0 116,833 3 03/20/2020 12/05/2019 20190967 

Citizens Bank Minnesota

NEW ULM, MN 

432,148 8200 Farmers State Bank of Watkins 

WATKINS, MN 

8864 46,707 1 03/20/2020 02/13/2020 20200136 

Freedom Bank of Southern Missouri

CASSVILLE, MO 

292,218 35276 Community National Bank 

MONETT, MO 

57395 154,778 2 03/25/2020 03/04/2020 20200209 

Enterprise Bank & Trust

CLAYTON, MO 

8,333,527 27237 Seacoast Commerce Bank 

SAN DIEGO, CA 

57428 1,288,818 5 10/08/2020 09/10/2020 20200952 

First State Community Bank

FARMINGTON, MO 

2,622,768 17323 First Bank 

CREVE COEUR, MO 

12229 332,790 7 04/27/2020 04/23/2020 20200357 

Central Bank of Kansas City

KANSAS CITY, MO 

238,195 17009 Republic Bank & Trust Company 

LOUISVILLE, KY 

23627 2,500 0 04/02/2020 03/04/2020 20200233 

Heritage Bank of the Ozarks

LEBANON, MO 

176,932 57576 Legacy Bank & Trust Company 

ROGERSVILLE, MO 

22319 17,584 1 10/13/2020 09/30/2020 20200977 

United State Bank

LEWISTOWN, MO 

194,060 12214 Canton State Bank 

CANTON, MO 

15285 37,335 1 09/11/2020 08/28/2020 20200864 

Royal Banks of Missouri

UNIVERSITY CITY, MO 

697,229 19512 First Bank 

CREVE COEUR, MO 

12229 129,584 2 04/27/2020 04/03/2020 20200367 

BankPlus

BELZONI, MS 

2,965,559 5903 State Bank & Trust Company 

GREENWOOD, MS 

8878 1,151,033 33 01/09/2020 12/11/2019 20191547 

The Bank of Holly Springs

HOLLY SPRINGS, MS 

266,171 8232 Citizens Bank 

BYHALIA, MS 

11432 85,910 3 10/30/2020 09/30/2020 20200994 

Merchants & Marine Bank

PASCAGOULA, MS 

642,333 12203 Bank OZK 

LITTLE ROCK, AR 

110 26,492 1 10/02/2020 08/28/2020 20200903 

First Interstate Bank

BILLINGS, MT 

16,411,169 1105 Sound Credit Union 

TACOMA, WA 

0 16,049 1 11/18/2020 11/13/2020 20200970 

Select Bank & Trust Company

DUNN, NC 

1,268,706 35465 First-Citizens Bank & Trust Company 

RALEIGH, NC 

11063 179,095 3 02/19/2020 01/30/2020 20200033 

First-Citizens Bank & Trust Company

RALEIGH, NC 

37,665,333 11063 Community Financial Holding 

Company, Inc. 

DULUTH, GA 

0 11,743 0 01/14/2020 11/26/2019 20191499 

Regular Mergers (Page 2 of 4, of 76 records) 

Data Date(s) 01/01/2020 to 12/31/2020 
Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ 

Reply Date

Application 

Number

The Union Bank

BEULAH, ND 

171,988 9420 Bank of Glen Ullin 

GLEN ULLIN, ND 

16527 64,243 1 09/24/2020 08/28/2020 20200884 

Provident Bank

JERSEY CITY, NJ 

10,084,024 12010 SB One Bank 

FRANKLIN, NJ 

22221 2,077,377 18 05/27/2020 04/23/2020 20200483 

Kearny Bank

KEARNY, NJ 

6,621,291 28765 Millington Bank 

MILLINGTON, NJ 

30022 591,201 4 04/06/2020 01/30/2020 20200117 

Investors Bank

SHORT HILLS, NJ 

26,708,543 28892 Gold Coast Bank 

ISLANDIA, NY 

58654 559,827 7 02/27/2020 10/17/2019 20191315 

Bogota Savings Bank

TEANECK, NJ 

753,933 29941 Gibraltar Bank 

PARSIPPANY, NJ 

30126 108,799 2 12/15/2020 11/25/2020 20201126 

Flushing Bank

UNIONDALE, NY 

7,110,871 58564 Empire National Bank 

ISLANDIA, NY 

58632 1,012,533 4 02/12/2020 12/11/2019 20191576 

First State Bank

WINCHESTER, OH 

584,241 9437 Inez Deposit Bank 

INEZ, KY 

9307 148,829 4 12/17/2020 11/25/2020 20201189 

Prime Bank

EDMOND, OK 

281,834 58804 Tinker Federal Credit Union 

OKLAHOMA CITY, OK 

0 281,834 1 07/17/2020 05/11/2020 20200492 

Armstrong Bank

MUSKOGEE, OK 

1,963,390 2315 Vast Bank, National Association 

TULSA, OK 

23737 77,228 4 08/06/2020 07/03/2020 20200683 

Armstrong Bank

MUSKOGEE, OK 

1,963,390 2315 Grand Bank 

TULSA, OK 

22065 34,563 1 10/16/2020 09/10/2020 20200954 

BancFirst

OKLAHOMA CITY, OK 

7,724,832 27476 The Citizens State Bank 

OKEMAH, OK 

419 58,684 2 02/19/2020 02/13/2020 20191715 

Oklahoma State Bank

VINITA, OK 

158,293 15611 Vast Bank, National Association 

TULSA, OK 

23737 40,850 1 08/04/2020 07/03/2020 20200650 

Umpqua Bank

ROSEBURG, OR 

27,511,307 17266 First Community Credit Union 

COQUILLE, OR 

0 106,338 3 07/01/2020 04/03/2020 20200353 

Umpqua Bank

ROSEBURG, OR 

29,632,223 17266 Spokane Teachers Credit Union 

LIBERTY LAKE, WA 

0 113,500 4 11/05/2020 09/30/2020 20200973 

CNB Bank

CLEARFIELD, PA 

3,753,504 13876 Bank of Akron 

AKRON, NY 

13290 406,490 6 06/24/2020 03/04/2020 20200262 

The Fidelity Deposit and Discount Bank

DUNMORE, PA 

1,013,614 11868 Merchants Bank of Bangor 

BANGOR, PA 

7391 400,903 9 04/13/2020 03/04/2020 20200243 

Wayne Bank

HONESDALE, PA 

1,231,695 698 USNY Bank 

GENEVA, NY 

58541 439,784 4 04/23/2020 03/04/2020 20200263 

William Penn Bank

LEVITTOWN, PA 

444,604 27799 Fidelity Savings and Loan Association 

of Bucks County 

BRISTOL, PA 

30954 87,781 2 04/14/2020 02/13/2020 20200164 

William Penn Bank

LEVITTOWN, PA 

444,604 27799 Washington Savings Bank 

PHILADELPHIA, PA 

29281 163,878 4 04/14/2020 02/13/2020 20200165 

Northwest Bank

WARREN, PA 

10,724,895 28178 MutualBank 

MUNCIE, IN 

27744 2,068,557 36 02/19/2020 12/23/2019 20191649 

Regular Mergers (Page 3 of 4, of 76 records) 

Data Date(s) 01/01/2020 to 12/31/2020 
Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ 

Reply Date

Application 

Number

Citizens & Northern Bank

WELLSBORO, PA 

1,613,394 7799 Covenant Bank 

DOYLESTOWN, PA 

58502 522,300 2 06/02/2020 04/23/2020 20200426 

FirstBank Puerto Rico

SANTURCE, PR 

13,034,340 30387 Banco Santander Puerto Rico 

SAN JUAN, PR 

20828 5,931,464 27 07/27/2020 05/27/2020 20191591 

 Santander Bancorp 

SAN JUAN, PR 

0 12,000 0 

Centreville Bank

WEST WARWICK, RI 

1,257,269 17764 Putnam Bank 

PUTNAM, CT 

18240 538,110 8 02/03/2020 01/16/2020 20191629 

Dacotah Bank

ABERDEEN, SD 

2,689,384 17437 Stohr Insurance Agency 

GROTON, SD 

0 0 0 05/11/2020 04/23/2020 20200419 

TCF National Bank

SIOUX FALLS, SD 

46,627,366 28330 Alaska USA Federal Credit Union 

ANCHORAGE, AK 

0 144,900 7 04/09/2020 03/04/2020 20200215 

FirstBank

NASHVILLE, TN 

5,929,753 8663 The Farmers National Bank of 

Scottsville 

SCOTTSVILLE, KY 

2769 252,538 5 01/17/2020 10/30/2019 20191375 

American Momentum Bank

COLLEGE STATION, TX 

1,658,912 58309 Security Star Bancshares, Inc. 

MIDLAND, TX 

0 465 0 02/10/2020 11/26/2019 20191539 

Spirit of Texas Bank, SSB

COLLEGE STATION, TX 

1,959,519 22327 Simmons Bank 

PINE BLUFF, AR 

3890 262,538 4 02/03/2020 01/30/2020 20200002 

First State Bank

GRAHAM, TX 

176,812 24498 Spirit of Texas Bank, SSB 

COLLEGE STATION, TX 

22327 5,400 1 12/11/2020 11/25/2020 20201236 

Happy State Bank

HAPPY, TX 

3,927,357 10359 Centennial Bank 

LUBBOCK, TX 

14562 786,625 14 05/06/2020 04/29/2020 20191700 

First Bank & Trust

LUBBOCK, TX 

1,256,710 14778 AIMBank 

LITTLEFIELD, TX 

3304 1,946,167 25 09/18/2020 06/15/2020 20200592 

Royal Bank

ELROY, WI 

528,594 13454 Associated Bank, National Association 

GREEN BAY, WI 

5296 54,234 2 10/26/2020 09/30/2020 20201063 

Associated Bank, National Association

GREEN BAY, WI 

35,452,244 5296 Summit Credit Union 

MADISON, WI 

0 31,600 1 11/30/2020 11/13/2020 20201155 

Forward Bank

MARSHFIELD, WI 

714,980 28530 Western County Insurance, Inc. 

ATHENS, WI 

0 875 0 09/02/2020 09/02/2020 20200779 

Summit Community Bank, Inc.

MOOREFIELD, WV 

2,321,705 34102 MVB Bank, Inc. 

FAIRMONT, WV 

34603 167,320 4 02/06/2020 01/16/2020 20191709 

Summit Community Bank, Inc.

MOOREFIELD, WV 

2,945,416 34102 Winfirst Financial Corporation 

WINCHESTER, KY 

0 145,844 0 11/23/2020 10/29/2020 20201103 

Regular Mergers (Page 4 of 4, of 76 records) 

Data Date(s) 01/01/2020 to 12/31/2020 
Corporate Reorganization Mergers

Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ

Reply Date

See Note 1

Application 

Number

AmeriFirst Bank

MONTGOMERY, AL 

204,772 2838 Escambia County Bank 

FLOMATON, AL 

1746 76,588 1 11/06/2020 20200959 

Pacific Premier Bank

IRVINE, CA 

11,778,052 32172 PENSCO Trust Company, LLC 

DENVER, CO 

0 0 0 04/16/2020 20200300 

AMG National Trust Bank

BOULDER, CO 

548,555 57295 BAC Acquisition Company, LLC 

GREENWOOD VILLAGE, CO 

0 6,493 0 05/12/2020 20200159 

AMG National Trust Bank

BOULDER, CO 

548,555 57295 BATC National Bank 

GREENWOOD VILLAGE, CO 

0 0 0 05/12/2020 20200160 

Northwest Community Bank

WINSTED, CT 

427,820 18229 Collinsville Bank 

CANTON, CT 

18223 185,685 3 12/04/2020 20201025 

 Litchfield Bancorp 

LITCHFIELD, CT 

18209 290,004 6 

Discover Bank

GREENWOOD, DE 

112,234,107 5649 Bank of New Castle 

NEW CASTLE, DE 

27575 18,092 0 09/21/2020 20200631 

Barclays Bank Delaware

WILMINGTON, DE

34,445,000 57203 Wilmington Riverfront Receivables 

LLC 

WILMINGTON, DE 

0 128,353 0 03/23/2020 20200208 

Executive National Bank

MIAMI, FL 

467,405 20711 Executive Banking Company 

MIAMI, FL 

0 54,043 0 05/12/2020 20200230 

Newton Federal Bank

COVINGTON, GA

645,988 29510 ABB OREO Holding, LLC 

ATLANTA, GA 

0 0 0 06/25/2020 20200587 

Pinnacle Bank

ELBERTON, GA 

1,030,715 14065 Southern Bank & Trust 

CLARKESVILLE, GA 

58143 230,649 3 03/13/2020 20191711 

Chelsea Savings Bank

BELLE PLAINE, IA 

118,966 15427 Victor State Bank 

VICTOR, IA 

12859 33,236 1 06/12/2020 20200528 

Hiawatha Bank and Trust Company

HIAWATHA, IA 

53,222 34488 Center Point Bank and Trust Company 

CENTER POINT, IA 

19293 34,535 1 03/17/2020 20200058 

Heartland Bank and Trust Company

BLOOMINGTON, IL 

3,150,158 20369 State Bank of Lincoln 

LINCOLN, IL 

12396 348,744 6 11/30/2020 20201163 

Busey Bank

CHAMPAIGN, IL 

7,803,711 16450 Mid Illinois Insurance Services, Inc. 

PEORIA, IL 

0 0 0 02/03/2020 20191578 

BMO Harris Bank National Association

CHICAGO, IL

138,843,929 16571 BMO Harris Equipment Finance 

Company 

MILWAUKEE, WI 

0 0 0 02/07/2020 20191661 

Hoyne Savings Bank

CHICAGO, IL 

452,663 28747 Hoyne Interim Bank 

CHICAGO, IL 

0 65,804 1 08/21/2020 20200541 

1st Equity Bank

SKOKIE, IL 

95,211 34393 1st Equity Bank Northwest 

BUFFALO GROVE, IL 

57611 40,877 1 03/13/2020 20200133 

American Eagle Bank

SOUTH ELGIN, IL 

266,615 57359 American Eagle Bank of Chicago 

CHICAGO, IL 

58514 95,310 1 09/08/2020 20200787 

The Fountain Trust Company

COVINGTON, IN 

406,921 5768 State Bank of Burnettsville 

BURNETTSVILLE, IN 

14061 42,599 2 06/22/2020 20200477 

Corporate Reorganization Mergers (Page 1 of 4, of 65 records) 

Data Date(s) 01/01/2020 to 12/31/2020 
Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ 

Reply Date

See Note 1

Application 

Number

First Light Merger Subsidiary, Inc.

EVANSVILLE, IN 

200 0 First Light Bancorp 

EVANSVILLE, IN 

0 0 0 04/08/2020 20200274 

MutualBank

MUNCIE, IN 

2,058,934 27744 Summit Mortgage, Inc. 

MUNCIE, IN 

0 0 0 03/27/2020 20200241 

 Summit Service Corporation 

MUNCIE, IN 

0 0 0 

Citizens Union Bank of Shelbyville

SHELBYVILLE, KY 

840,764 5840 Peoples Bank & Trust Company 

OWENTON, KY 

8129 51,522 1 02/06/2020 20191594 

b1BANK 

BATON ROUGE, LA

2,274,490 58228 Pedestal Bank 

HOUMA, LA 

35005 1,243,545 23 04/08/2020 20200229 

Liberty Bank and Trust Company

NEW ORLEANS, LA 

627,810 20856 Metro Bank 

LOUISVILLE, KY 

34308 25,775 1 03/23/2020 20191669 

BayVanguard Bank

BALTIMORE, MD 

420,928 32527 1880 Bank 

CAMBRIDGE, MD 

4829 400,384 6 09/16/2020 20200764 

Farmers and Merchants Bank

UPPERCO, MD 

504,790 1895 Carroll Community Bank 

SYKESVILLE, MD 

32393 189,980 2 08/31/2020 20200462 

UMB Bank, National Association

KANSAS CITY, MO 

23,964,733 8273 Marquette Transportation Finance, LLC 

BLOOMINGTON, MN 

0 0 0 01/10/2020 20191598 

 Marquette Business Credit, LLC 

DALLAS, TX 

0 0 0 

The Bank of Missouri

PERRYVILLE, MO 

1,828,398 1617 Bank of Bolivar 

BOLIVAR, MO 

34397 318,899 6 07/15/2020 20200636 

Peoples Savings Bank of Rhineland

RHINELAND, MO 

329,595 15264 CBC Bank 

SAINT PETERS, MO

1421 40,460 4 10/14/2020 20200982 

First-Citizens Bank & Trust Company

RALEIGH, NC

37,665,333 11063 Gwinnett Community Bank 

DULUTH, GA 

35249 223,173 3 01/14/2020 20191498 

American Bank Center

DICKINSON, ND 

1,803,642 22559 Beartooth Bank 

BILLINGS, MT

58199 63,888 1 09/10/2020 20200850 

Union State Bank of Fargo

FARGO, ND 

141,580 20776 Border Bank 

GREENBUSH, MN

15684 648,830 9 09/15/2020 20200853 

Sargent County Bank

FORMAN, ND 

191,854 8942 Stock Growers Bank 

NAPOLEON, ND 

15440 66,809 1 08/07/2020 20200729 

Nebraska State Bank

LYNCH, NE

16,182 16516 JDJ Banco, Inc. 

LYNCH, NE 

0 197 0 04/20/2020 20200383 

Tri Valley Bank

TALMAGE, NE

54,691 10641 Eagle State Bank 

EAGLE, NE

21809 51,595 1 09/15/2020 20200448 

New Mexico Bank & Trust

ALBUQUERQUE, NM

1,899,194 34726 First Bank & Trust 

LUBBOCK, TX

14778 295,910 6 09/18/2020 20200593 

Bank of Akron

AKRON, NY 

406,490 13290 Akron Safe Deposit Company 

AKRON, NY 

0 0 0 07/13/2020 20200648 

Corporate Reorganization Mergers (Page 2 of 4, of 65 records) 

Data Date(s) 01/01/2020 to 12/31/2020 
Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ 

Reply Date

See Note 1

Application 

Number

First Federal Bank of the Midwest

DEFIANCE, OH 

3,322,729 29845 Home Savings Bank 

YOUNGSTOWN, OH

35385 2,895,253 34 01/13/2020 20191381 

Security State Bank

CHEYENNE, OK

166,956 421 Bank of Laverne 

LAVERNE, OK 

4130 60,358 1 07/21/2020 20200676 

First State Bank in Temple

TEMPLE, OK

23,915 5999 Temple Merger Sub, Inc. 

TEMPLE, OK 

0 50 0 04/02/2020 20200264 

The Bryn Mawr Trust Company

BRYN MAWR, PA 

4,919,004 11866 Lau Associates LLC 

GREENVILLE, DE

0 0 0 08/04/2020 20200635 

First Bank & Trust

BROOKINGS, SD 

2,069,570 3973 First Bank & Trust 

SIOUX FALLS, SD 

27078 1,024,331 7 05/19/2020 20200469 

Citizens Bank of Lafayette

LAFAYETTE, TN

1,010,533 1711 American Bank & Trust of the 

Cumberlands 

LIVINGSTON, TN 

31980 286,415 3 10/02/2020 20200920 

FirstBank

NASHVILLE, TN 

7,250,529 8663 Franklin Synergy Bank 

FRANKLIN, TN 

58714 3,768,513 16 08/06/2020 20200331 

Millennium Bank

OOLTEWAH, TN 

206,065 35138 Columbia Bank 

LAKE CITY, FL

5677 205,856 5 05/05/2020 20200306 

Security Bank and Trust Company

PARIS, TN

502,487 9172 The Farmers & Merchants Bank 

DYER, TN 

1480 104,178 6 06/30/2020 20200258 

American Momentum Bank

COLLEGE STATION, TX 

1,658,912 58309 Security Bank 

MIDLAND, TX 

13408 921,688 12 02/10/2020 20191540 

Ennis State Bank

ENNIS, TX 

250,062 13000 ESB Mortgage Company 

ENNIS, TX 

0 0 0 02/26/2020 20191701 

Happy State Bank

HAPPY, TX 

5,371,764 10359 First Bank of Muleshoe 

MULESHOE, TX 

17474 104,098 3 12/21/2020 20201243 

Happy State Bank

HAPPY, TX 

5,371,764 10359 Muleshoe Bancshares, Inc. 

MULESHOE, TX

0 15,041 0 12/21/2020 20201244 

AIMBank

LITTLEFIELD, TX 

1,946,167 3304 AIM Bancshares, Inc. 

LEVELLAND, TX

0 851 0 09/18/2020 20200859 

Centennial Bank

LUBBOCK, TX

786,625 14562 Commerce BancShares, Inc. 

LUBBOCK, TX

0 0 0 05/06/2020 20191699 

First Bank & Trust

LUBBOCK, TX

1,158,320 14778 PrimeWest Mortgage Corporation 

LUBBOCK, TX

0 0 0 01/07/2020 20191579 

The Bank of San Antonio

SAN ANTONIO, TX 

1,039,360 58581 The Bank of Austin 

AUSTIN, TX 

59104 236,812 1 10/16/2020 20200886 

 Texas Hill Country Bank 

BANDERA, TX 

58932 200,894 4 

Varo Bank, National Association

DRAPER, UT 

0 59190 Varo Money, Inc. 

SAN FRANCISCO, CA 

0 118,555 0 02/07/2020 20191010 

Banner Bank

WALLA WALLA, WA 

14,111,686 28489 Islanders Bank 

FRIDAY HARBOR, WA 

23469 320,147 3 10/02/2020 20200925 

Corporate Reorganization Mergers (Page 3 of 4, of 65 records) 

Data Date(s) 01/01/2020 to 12/31/2020 
Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ 

Reply Date

See Note 1

Application 

Number

Unity Bank

AUGUSTA, WI 

527,192 8714 First Citizens Bank of Polson, NA 

POLSON, MT 

21478 16,164 1 04/17/2020 20200297 

Union Bank of Blair

BLAIR, WI 

105,536 13580 H.R. Financial Investments, Inc. 

BLAIR, WI 

0 0 0 07/29/2020 20200687 

Denmark State Bank

DENMARK, WI 

629,038 13240 Denmark Investments, Inc. 

HENDERSON, NV 

0 0 0 12/01/2020 20201193 

Forward Bank

MARSHFIELD, WI 

593,817 28530 First National Insurance Group of Park 

Falls, Inc. 

PARK FALLS, WI 

0 0 0 05/11/2020 20200446 

Forward Bank

MARSHFIELD, WI 

593,817 28530 Flambeau Motor Lodge, Inc. 

PARK FALLS, WI 

0 0 0 05/11/2020 20200447 

Park Bank

MILWAUKEE, WI

1,011,838 26218 330 Investment Corp. 

MILWAUKEE, WI

0 0 0 01/22/2020 20191632 

Bristol Morgan Bank

OAKFIELD, WI

131,128 9523 Oak Investments, Inc. 

LAS VEGAS, NV 

0 0 0 10/23/2020 20200824 

Waumandee State Bank

WAUMANDEE, WI 

185,684 10384 Union Bank of Blair 

BLAIR, WI 

13580 105,536 1 07/23/2020 20200621 

Summit Community Bank, Inc.

MOOREFIELD, WV 

2,945,416 34102 WinFirst Bank 

WINCHESTER, KY

29313 145,844 2 11/23/2020 20201099 

Corporate Reorganization Mergers (Page 4 of 4, of 65 records) 

Data Date(s) 01/01/2020 to 12/31/2020 

Note 1: The Bank Merger Act does not require that the responsible agency request a report of competitive factors from the Department of Justice when 

the merger transaction solely involves an insured depository institution and one or more of the affiliates of such depository institution. See 12 U.S.C. 

1828(c)(4). 
Interim Mergers

Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ

Reply Date

See Note 2

Application 

Number

Escambia County Bank

FLOMATON, AL 

76,588 1746 USAL Acquisition Corporation 

MONTGOMERY, AL

0 0 0 11/06/2020 09/30/2020 20201217 

Golden Valley Bank

CHICO, CA 

333,215 58278 GV Merger Corp. 

CHICO, CA 

0 0 0 05/11/2020 20200459 

Commerce West Bank

IRVINE, CA 

937,741 57176 CWB Merger Corp. 

IRVINE, CA 

0 0 0 11/23/2020 20201136 

Community Bank of the Bay

OAKLAND, CA 

636,346 34210 CBB Merger Company 

OAKLAND, CA

0 0 0 11/17/2020 20201121 

1st Capital Bank

SALINAS, CA 

736,691 58485 1st Capital Merger Corp. 

SALINAS, CA 

0 0 0 10/08/2020 20200944 

BAC Florida Bank

CORAL GABLES, FL 

2,305,321 21265 Leon Successor Bank 

MIAMI, FL

0 1 0 06/16/2020 08/01/2019 20190871 

International Finance Bank

MIAMI, FL 

774,259 24823 IFB Interim Bank 

MIAMI, FL 

0 0 0 07/10/2020 20190826 

Loomis Federal Savings and Loan 

Association

CHICAGO, IL

 

65,804 28774 Hoyne Interim Bank 

CHICAGO, IL 

0 0 0 08/21/2020 07/23/2020 20200540 

The Commerce Bank

EVANSVILLE, IN 

200 58279 First Light Merger Subsidiary, Inc. 

EVANSVILLE, IN 

0 0 0 04/08/2020 20200273 

Haverhill Bank

HAVERHILL, MA 

415,913 26411 Haverhill Interim Stock Bank 

HAVERHILL, MA 

0 0 0 05/14/2020 20200069 

Premier Bank

MAPLEWOOD, MN 

960,494 21714 New Premier Bank 

MAPLEWOOD, MN 

0 250 0 12/09/2020 20201123 

Union Bank

GREENVILLE, NC 

821,627 34934 UM Merger, Inc. 

GREENVILLE, NC 

0 0 0 03/18/2020 20200174 

The Baltic State Bank

BALTIC, OH 

76,590 17759 Baltic Interim Bank 

BALTIC, OH 

0 0 0 04/09/2020 20200255 

Lewis & Clark Bank

OREGON CITY, OR

282,183 58428 Lewis & Clark Interim Bank 

OREGON CITY, OR 

0 0 0 05/14/2020 20200458 

Clarion County Community Bank

CLARION, PA 

175,387 57624 Interim Clarion County Community 

Bank 

CLARION, PA 

0 0 0 05/22/2020 20200453 

Hyperion Bank

PHILADELPHIA, PA 

222,415 58371 Hyperion Interim Bank 

PHILADELPHIA, PA 

0 155 0 10/22/2020 20200975 

Dilley State Bank

DILLEY, TX 

143,703 1490 Dilley Acquisition, Inc. 

LOUISE, TX 

0 0 0 11/02/2020 10/14/2020 20201082 

Carter Bank & Trust

MARTINSVILLE, VA 

4,151,733 58596 CBT Merger Sub, Inc. 

MARTINSVILLE, VA 

0 0 0 10/13/2020 20200899 

Interim Mergers (Page 1 of 1, of 18 records) 

Data Date(s) 01/01/2020 to 12/31/2020 

Note 2: An “Interim Merger” is a merger between an operating institution and a newly formed institution that will not open for business, and which 

exists solely for the purpose of facilitating the merger transaction. With respect to transactions intended to facilitate a corporate reorganization, the 

responsible agency need not request a report of competitive factors from the Department of Justice. For all other transactions, the date of the 

Competitive Factors Report is provided
Failed or Closed Bank Mergers 

Applicant Institution Other Institution 

Institution Name 

City, State 

Total Assets 

(000's) 

Cert # Institution Name 

City, State

Cert# Assets 

Acquired 

(000's)

Offices 

Acquired

Action 

Approved

DOJ

Reply Date

See Note 3

Application 

Number

See Note 3

Farmers and Merchants Bank

MILFORD, NE

671,971 16810 Ericson State Bank

ERICSON, NE

18265 9,551 1 02/14/2020 

MVB Bank, Inc. 

FAIRMONT, WV

1,939,908 34603 The First State Bank

BARBOURSVILLE, WV

14361 147,162 4 04/03/2020 

Note 3: The “Other Institution” is an institution that failed during 2020. The respective “Applicant Institution” is the competitive bidding winner to 

purchase certain assets and assume the liabilities to pay certain deposits of the “Other Institution.” The FDIC’s Board of Directors found that immediate 

action was necessary, and therefore, the publication of notice and solicitation of reports on the competitive factors were not required. Thus, there is no 

“Department of Justice Reply Date,” nor an “Application Number.” 

If the “Applicant Institution” is a non FDIC-supervised financial institution, the Primary Federal Regulator processed that merger, and that approval is not 

included in the FDIC’s annual merger decisions report.
Federal Deposit 

Insurance Corporation

550 17th Street, NW

Washington, DC 20429

DESIGN: FDIC/DOA/CSB/GRAPHIC DESIGN AND PRINTING UNIT