M&A Deal Summary |
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---|---|
Date | 2015-07-01 |
Target | IBT Bancorp |
Sector | Financial Services |
Buyer(s) | Veritex Community Bank |
Sellers(s) | S&T Bank |
Deal Type | Divestiture |
Deal Value | 21M USD |
Advisor(s) | Commerce Street Holdings LLC (Financial) Haynie, Rake & Repass & Klimko (Legal) |
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Category | Company |
---|---|
Founded | 2009 |
Sector | Financial Services |
Employees | 820 |
Revenue | 449M USD (2023) |
Veritex Community Bank is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas metropolitan area. Veritex Community Bank (www.veritexbank.com) is a Texas state-chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. Veritex Community Bank was founded in 2009 and is based in Dallas, Texas.
DEAL STATS | # |
---|---|
Overall | 1 of 6 |
Sector (Financial Services) | 1 of 6 |
Type (Divestiture) | 1 of 2 |
State (Pennsylvania) | 1 of 1 |
Country (United States) | 1 of 6 |
Year (2015) | 1 of 1 |
Size (of disclosed) | 3 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-08-01 |
Liberty Bancshares
Fort Worth, Texas, United States Liberty Bancshares, Inc. (LBI) through Liberty Bank, operates five full service banking locations in Fort Worth and the surrounding Tarrant County. As of June 30, 2017, LBI, on a consolidated basis, reported total assets of $459.3 million, total deposits of $389.4 million, and total equity capital of $48.1 million. |
Buy | - |
Category | Company |
---|---|
Founded | 1902 |
Sector | Financial Services |
Employees | 1,244 |
Revenue | 407M USD (2023) |
S&T Bank is a provider of financial services. S&T Bank was founded in 1902 and is based in Indiana, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 1 of 2 |
Sector (Financial Services) | 1 of 2 |
Type (Divestiture) | 1 of 2 |
State (Pennsylvania) | 1 of 2 |
Country (United States) | 1 of 2 |
Year (2015) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-10-30 |
Integrity Bancshares
Camp Hill, Pennsylvania, United States Integrity Bank is a financial institution with over $860 million in total assets, and branch offices in Cumberland, Dauphin, York and Lancaster counties. Integrity Bancshares is based in Camp Hill, Pennsylvania. |
Buy | $155M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-11-28 |
Integrity Bancshares
Camp Hill, Pennsylvania, United States Integrity Bank is a financial institution with over $860 million in total assets, and branch offices in Cumberland, Dauphin, York and Lancaster counties. Integrity Bancshares is based in Camp Hill, Pennsylvania. |
Sell | - |