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Fresh Ink.(acquisitions)(Brief article)

US Banker

| July 01, 2006 | COPYRIGHT 2006 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

1. First Community Bancorp will pay $277 million in cash and stock to acquire Community Bancorp. Community Bancorp has $888 million in assets and 12 branches in San Diego and Riverside counties. The deal will create a bank with 26 branches and more than $2 billion in assets.

2. First Republic Bank plans to buy BWC Financial Corp for $177 million in stock, or $41.95 per share, a 10.4 percent premium. The deal expands First Republic's reach in San Francisco's fast-growing East Bay area, where it already has some customers, but no offices.

3. Alabama National BanCorp. plans to buy PB Financial Services Corp., parent of Peachtree Bank. The deal bolsters Alabama National's presence in the Atlanta market. Peachtree will operate under its name with current ...

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Source: HighBeam Research, Fresh Ink.(acquisitions)(Brief article)

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