M&A Deal Summary

Pacific Continental Acquires Century Bank of Eugene

On October 23, 2012, Pacific Continental acquired financial services company Century Bank of Eugene for 13M USD

Acquisition Highlights
  • This is Pacific Continental’s 1st transaction in the Financial Services sector.
  • This is Pacific Continental’s 2nd largest (disclosed) transaction.
  • This is Pacific Continental’s 1st transaction in the United States.
  • This is Pacific Continental’s 1st transaction in Oregon.

M&A Deal Summary
Date 2012-10-23
Target Century Bank of Eugene
Sector Financial Services
Buyer(s) Pacific Continental
Deal Type Add-on Acquisition
Deal Value 13M USD
Advisor(s) McAdams Wright Ragen, Inc. (Financial)
Lane Powell (Legal)

Target

Century Bank of Eugene

Eugene, Oregon, United States
Century offers banking services to businesses, professionals and individuals throughout the Eugene, Oregon, and greater Lane County area. As of September 30, 2012, Century had approximately $85.8 million in total assets, $70.1 million in net loans, $69.1 million in deposits, and $12.3 million in stockholders' equity.

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Buyer(S) 1

Buyer

Pacific Continental

Eugene, Oregon, United States
Category Company
Founded 1972
Sector Financial Services
Employees322
Revenue 81M USD (2015)
DESCRIPTION

Pacific Continental Corp. is a provider of financial services in US. Pacific Continental Corporation operates as a holding company of Pacific Continental Bank.

DEAL STATS #
Overall 1 of 3
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Oregon) 1 of 2
Country (United States) 1 of 3
Year (2012) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-06 Capital Pacific Bancorp

Portland, Oregon, United States

Capital Pacific Bancorp is a provider of financial services in US.

Buy -
Mergr

Product

Company

Legal