Mergers & Acquisitions

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Deal Overview

Buyer:
First Mid-Illinois Bancshares, Inc.
Actual Acquirer:
First Mid-Illinois Bank & Trust, National Association
Target:
12 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Old National Bancorp
Agreement Date:
1/30/2015
Announcement Date:
1/30/2015
Number of Target Branches
12
Branch Locations
Carbondale (2),IL
Carmi,IL
Carterville,IL
De Soto,IL
Harrisburg (2),IL
Lawrenceville,IL
Marion,IL
Mount Carmel,IL
Mount Vernon,IL
Murphysboro,IL
Franchise Premium ($ 000)
16,392
Tangible Book Premium/ Deposits (%)
3.62
Status:
Completed
Completion Date:
8/14/2015

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 502,000
Total Assets ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes FIG Partners LLC
Seller Yes Sterne Agee & Leach Inc.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Schiff Hardin LLP
Seller Yes Krieg DeVault LLP