Mergers & Acquisitions

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Deal Overview

Buyer:
Liberty Bay Bank
Actual Acquirer:
Liberty Bay Bank
Target:
Certain assets and liabilities
Deal Type:
Bank & Thrift Branch
Seller:
Banner Corporation
Agreement Date:
2/15/2018
Announcement Date:
2/28/2018
Number of Target Branches
1
Branch Locations
Poulsbo,WA
Franchise Premium ($ 000)
383
Tangible Book Premium/ Deposits (%)
1.53
Status:
Completed
Completion Date:
5/11/2018

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 25,000
Total Assets ($ 000) 24,617
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Seller Yes Keenan & Partners
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Keller Rohrback LLP
Seller Yes Davis Wright Tremaine LLP