Mergers & Acquisitions

Target SellerStateIndustry TypeAnnounce DateStatusDeal Value ($M)Target Total Assets ($000)
TCSB Bancorp, Inc. MI Bank 12/4/2017 Completed On 4/1/2018 62.08 346,915
North Bancorp, Inc. MI Bank 3/4/2004 Completed On 7/1/2004 8.53 198,482
Midwest Guaranty Bancorp, Incorporated MI Bank 2/4/2004 Completed On 5/31/2004 43.00 233,580
Mutual Savings Bank, FSB MI Thrift 3/24/1999 Completed On 9/15/1999 52.00 564,434
North Bank Corporation MI Bank 2/5/1996Completed On 6/6/1996 15.80 158,556
Thumb National Bank & Trust Company MI Bank 12/21/1994 Terminated 13.60 96,887
KSB Financial, Inc. MI Bank 9/3/1993 Completed On 3/7/1994 4.50 33,191
Pioneer Bank MI Bank 4/12/1993 Completed On 10/18/1993 4.60 42,050
American Home Bank MI Bank 4/6/1993 Completed On 10/8/1993 2.50 33,582
Target SellerIndustry TypeAnnounce DateStatusNumber of BranchesTotal Deposits Transferred ($000)
10 Branches – TCF Financial Corporation Bank 11/6/2006 Completed On 3/23/2007 10 MI
8 Branches – First of America Bank Corporation Bank 8/21/1996 Completed On 12/13/1996 8 MI
1 Branch – CFSB Bancorp, Inc. Thrift 2/24/1992 Completed On 8/31/1993 1 MI
1 Branch – Pinnacle Financial Services, Inc. Bank 9/4/1990 Completed On 12/10/1990 1 MI
Target SellerAnnounce DateStatusDeal Value ($M)Target Total Assets ($000)
Mepco Ins Premium Financing, Inc. 2/24/2003 Completed On 4/15/2003 23.57 NA
First Home Financial Inc.
First Home Financial Incorporated		 4/17/1998 Completed On 4/17/1998 1.78 NA

Target BuyerIndustry TypeAnnounce DateStatusNumber of BranchesAll Branch StatesTotal Deposits Transferred ($000)
1 Branch Isabella Bank Corporation Bank 5/19/2015 Completed On 8/28/2015 1 MI 8,658
21 Branches Chemical Financial Corporation Bank 5/23/2012 Completed On 12/7/2012 21 MI 403,089
1 Branch Lakeview Financial Corp. Bank 4/30/1990 Completed On 12/31/1990 1 MI 2,223
Target BuyerAnnounce DateStatusDeal Value ($M)Target Total Assets ($000)
Insurance premium finance business Premium Financing Specialists Inc. 12/7/2006 Completed On 1/15/2007 175.90 NA
Target BuyerAnnounce DateStatusDeal Value ($M)
Payment plan processing business Seabury Group LLC 1/26/2017 Completed On 5/18/2017 33.45