M&A Deal Summary

National Bank of Arizona Acquires Frontier State Bank

On November 25, 2002, National Bank of Arizona acquired financial services company Frontier State Bank for 11M USD

Acquisition Highlights
  • This is National Bank of Arizona’s 3rd transaction in the Financial Services sector.
  • This is National Bank of Arizona’s 4th largest (disclosed) transaction.
  • This is National Bank of Arizona’s 3rd transaction in the United States.
  • This is National Bank of Arizona’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2002-11-25
Target Frontier State Bank
Sector Financial Services
Buyer(s) National Bank of Arizona
Deal Type Add-on Acquisition
Deal Value 11M USD
Advisor(s) Ryley Carlock & Applewhite (Legal)

Target

Frontier State Bank

Oklahoma City, Oklahoma, United States
FRONTIER STATE BANK has been providing superior financial services to Oklahoma City and the surrounding metro area under the same local ownership.

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Buyer(S) 1

Buyer

National Bank of Arizona

Phoenix, Arizona, United States

Category Company
Founded 1984
Sector Financial Services
DESCRIPTION

National Bank of Arizona was founded on a mission of building local relationships and providing exceptional customer service. More than 25 years later our approach hasn't changed. We still pride ourselves on providing local expertise and delivering award-winning service.


DEAL STATS #
Overall 3 of 4
Sector: Financial Services M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 4
State: Oklahoma M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2002 M&A 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-28 County Bank

Prescott, Arizona, United States

County Bank’s primary mission has been to serve the banking needs.Our products are designed to meet the needs of our customers and our employees are hired to provide friendly, knowledgeable, and efficient service.

Buy $67M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-17 Stockmen s Bancorp

Kingman, Arizona, United States

Stockmen's Bancorp, Inc. provides banking services.Stockmen’s Bank has approximately $1.2 billion of total assets and 43 offices.

Buy $199M