M&A

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Deal Overview

Buyer:
Merchants & Marine Bancorp, Inc.
Actual Acquirer:
Merchants & Marine Bank
Target:
1 Branch
Deal Type:
Bank & Thrift Branch
Seller:
Bank OZK
Agreement Date:
7/1/2020
Announcement Date:
7/1/2020
Number of Target Branches
1
Branch Locations
Mobile
AL
Franchise Premium ($ 000)
NA
Tangible Book Premium/ Deposits (%)
NA
Status:
Pending
Completion Date:
NA

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 26,000
Total Assets ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes ProBank Austin
Seller Yes DD&F Consulting Group
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Bass Berry & Sims PLC
Seller NA NA