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Merger Decisions: 2000 Annual Report to Congress

Probable Failure or Emergency Mergers
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Applicant Institution Other / Target Institution empty cell
Institution Name
City, State
Total Assets (000's) Cert # Institution Name
City, State
Total Assets (000's) Cert # Action
Approved
DOJ
Reply Date:
Application
Number:
Citizens Bank & Savings Company
RUSSELLVILLE, AL
$333,573 15310 The Bank of Falkner
FALKNER, MS
$85,485 338 09/25/2000 N/A N/A
Citizens Bank (Proposed New Bank)
CARLISLE, IA
$1 35516 Hartford-Carlisle Savings Bank
CARLISLE, IA
$105,044 14228 01/07/2000 N/A N/A
Banterra Bank
MARION, IL
$669,292 17514 The National State Bank of Metropolis
METROPOLIS, IL
$90,397 3815 12/11/2000 N/A N/A
S&C Bank (Proposed New Bank)
ALMELUND, MN
$1 57076 Town and Country Bank of Almelund
ALMELUND, MN
$30,279 10985 06/06/2000 N/A N/A
Southern New Hampshire Bank and Trust Company
SALEM, NH
$152,666 24540 First Alliance Bank and Trust Company
MANCHESTER, NH
$18,400 34264 12/21/2000 N/A N/A
Israel Discount Bank of New York
NEW YORK CITY, NY
$4,605,718 19977 Monument National Bank
Ridgecrest, CA
$7,923 25056 05/10/2000 N/A N/A
NOTE: The target institutions were either closed or in danger of being closed. The respective applicant institutions were the competitive bidding winners to purchase certain assets of and assume the liability to pay certain deposits of the target. The FDIC's Board of Directors found that immediate action was necessary and waived the publication of notice and solicitation of reports on the competitive factors involved. Thus, there is no "Department of Justice reply date", nor an "application number."

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Last Updated 10/29/2001 supervision@fdic.gov