Mergers & Acquisitions

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Deal Overview

Buyer:
American State Bancshares, Inc.
Actual Acquirer:
Rose Hill Bank
Target:
3 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Simmons First National Corporation
Agreement Date:
5/4/2015
Announcement Date:
5/11/2015
Number of Target Branches
3
Branch Locations
Salina (3),KS
Franchise Premium ($ 000)
3,200
Tangible Book Premium/ Deposits (%)
4.00
Status:
Completed
Completion Date:
8/10/2015

Deal Pricing Ratios

Announcement Completion
Price / Book (%) NA NA
Price / Tangible Book (%) NA NA
Price / Earnings (x) NA NA
Price / Deposits (%) NA NA
Price / Assets (%) NA NA
Tang Book Premium / Core Deposits (%) 4.00 4.00
Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 80,000
Total Assets ($ 000) 76,800
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Seller Yes D.A. Davidson & Co.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Stinson Leonard Street LLP
Seller NA NA