Fifth Third Bank

Mergers

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Buyer:Fifth Third Bancorp, Cincinnati, OH
Seller:Bank One Corporation
Transaction SummaryTop
Fifth Third Bank of Western Ohio, a unit of Fifth Third Bancorp, acquired the Lebanon, Ohio Branch of Bank One, Dayton, Ohio, a unit of Banc One. Fifth Third purchased $16 million in deposits and the fixed assets of the branch. The new office will extend Fifth Third's presence in the Lebanon community.
Transaction DataTop
Announcement Date03/27/95
# of Branches Sold1
Reason for TransactionEntry into new market
Total Deposits Sold ($000)16,000
Total Core Deposits Sold ($000)16,000
Total Premium Paid ($000)N/A
Goodwill ($000)N/A
Core Deposit Intangibles Created ($000)N/A
Actual Buyer of BranchesFifth Third Bank of Western Ohio
Completion Date06/23/95
Transaction StatusCompleted
Transaction Revised?Completed
Revision DateN/A
Total Assets Sold ($000)N/A
Premium/Total Deposits (%)N/A
Premium/Core Deposits (%)N/A
Loans Part of Transaction?No
Actual Seller of BranchesBank One Dayton
Transaction AdvisersTop
Financial Advisers:N/AN/A
Legal Advisers:N/AN/A
Financial Advisers:N/AN/A
Legal Advisers:N/AN/A
Data Provided by Thomson Reuters Bank Insight