Mergers & Acquisitions


Target Seller State Industry Type Announce Date Status Deal Value($ M) Target Total Assets ($ 000)
Premara Financial, Inc. NC Bank 7/21/2017 Completed On 12/15/2017 40.11 259,196
Select Bancorp, Inc. NC Bank 9/30/2013 Completed On 7/25/2014 31.06 259,621
Progressive State Bank NC Bank 2/2/2006 Completed On 7/13/2006 16.60 59,610

Target Buyer Industry Type Announce Date Status Number of Branches All Branch States Total Deposits Transferred($ 000)
2 Branches
Lumbee Guaranty Bank
Bank 12/21/2011 Completed On 4/6/2012 2 NC 14,579