Mergers & Acquisitions

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Deal Overview

Buyer:
Planters Financial Group, Inc.
Actual Acquirer:
Planters Bank, Inc.
Target:
6 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Old National Bancorp
Agreement Date:
8/14/2012
Announcement Date:
8/16/2012
Number of Target Branches
6
Branch Locations
Dawson Springs,KY
Princeton,KY
Providence,KY
Sebree,KY
Sturgis (2),KY
Franchise Premium ($ 000)
2,429
Tangible Book Premium/ Deposits (%)
2.53
Status:
Completed
Completion Date:
1/18/2013

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 96,000
Total Assets ($ 000) 93,571
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller Yes Sandler O'Neill & Partners LP
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller NA NA