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