M&A Deal Summary

State Bank Financial Acquires United Americas Bank NA

On December 17, 2010, State Bank Financial acquired financial services company United Americas Bank NA from Federal Deposit Insurance

Acquisition Highlights
  • This is State Bank Financial’s 5th transaction in the Financial Services sector.
  • This is State Bank Financial’s 5th transaction in the United States.
  • This is State Bank Financial’s 5th transaction in Georgia.

M&A Deal Summary
Date 2010-12-17
Target United Americas Bank NA
Sector Financial Services
Buyer(s) State Bank Financial
Sellers(s) Federal Deposit Insurance
Deal Type Divestiture

Target

United Americas Bank NA

Atlanta, Georgia, United States
United Americas Bank NA offers commercial banking services to small and mid size businesses. United Americas Bank was founded in 1999. As of September 30, 2010, the bank reported total assets of about $242 million and total deposits of about $193.8 million.

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Buyer(S) 1

Buyer

State Bank Financial

Atlanta, Georgia, United States
Category Company
Founded 2005
Sector Financial Services
Revenue 179M USD (2015)
DESCRIPTION

State Bank Financial Corp. is a provider of financial services. State Bank Financial was founded in 2005 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 5 of 13
Sector (Financial Services) 5 of 11
Type (Divestiture) 5 of 7
State (Georgia) 5 of 12
Country (United States) 5 of 13
Year (2010) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-30 Northwest Bank & Trust of Acworth

Acworth, Georgia, United States

Northwest Bank & Trust of Acworth offers personal and commercial banking services. The bank was founded in 2004 and is based in Acworth, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-14 Piedmont Community Bank of Gray

Gray, Georgia, United States

Piedmont Community Bank of Gray is a provider of personal and commercial banking services. The bank was founded in 2002 and is based in Gray, Georgia.

Buy -

Seller(S) 1

SELLER

Federal Deposit Insurance

Washington, District of Columbia, United States
Category Company
Founded 1933
Sector Financial Services
DESCRIPTION

Federal Deposit Insurance Corp. provides financial services.The FDIC provides coverage for deposits in national banks, in state banks that are members of the Federal Reserve System, and in other qualified state banks.

DEAL STATS #
Overall 25 of 41
Sector (Financial Services) 25 of 41
Type (Divestiture) 25 of 41
State (Georgia) 11 of 22
Country (United States) 25 of 41
Year (2010) 16 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-12 Darby Bank & Trust

Vidalia, Georgia, United States

Darby Bank & Trust Co. is a full-service bank with seven branches located in Vidalia. Company operates as a state chartered bank in Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-15 Bartow County Bank

Cartersville, Georgia, United States

Bartow County Bank operations were headquartered in Cartersville, Georgia operating a total of four branches in Bartow and Cobb counties, Georgia. As of December 31, 2010, Bartow County Bank had total assets of approximately $330 million and total deposits of approximately $304 million.

Sell -
Mergr

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