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  6. First Financial Bank Acquires City National Bank Of Mineral Wells

Add-on Acquisition • Financial Services

First Financial Bank Acquires City National Bank Of Mineral Wells

On April 12, 2001, First Financial Bank acquired financial services company City National Bank Of Mineral Wells

Acquisition Context
  • This is First Financial Bank’s 1st transaction in the Financial Services sector.
  • This is First Financial Bank’s 1st transaction in the United States.
  • This is First Financial Bank’s 1st transaction in Texas.

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M&A Deal Summary
Date April 12, 2001
Target City National Bank Of Mineral Wells
Sector Financial Services
Buyer(s) First Financial Bank
Deal Type Add-on Acquisition

Target Company

City National Bank Of Mineral Wells

Mineral Wells, Texas, United States
City National Bank Of Mineral Wells provides general commercial banking services in Dallas/Ft. Worth, Texas market. The Bank had $90 million in total assets and approximately $8 million in shareholders' equity.
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Buyer Overview 1

Buyer

First Financial Bank

Abilene, Texas, United States
Category Company
Founded 1890
Sector Financial Services
Employees1,400
Revenue 537M USD (2024)
DESCRIPTION

First Financial Bank is a provider of financial services. First Financial Bank was incorporated in 1890 and is based in Abilene, Texas.

Deal Context for Buyer #
Overall 1 of 11
Sector: Financial Services 1 of 11
Type: Add-on Acquisition 1 of 10
State: Texas 1 of 10
Country: United States 1 of 11
Year: 2001 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-26 Liberty National Bank

Granbury, Texas, United States

Liberty National Bank is a provider of commercial banking services.

Buy $13M

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