FirstMerit Corporation Mergers and Acquisitions


FirstMerit Corporation

III Cascade Plaza
Akron, OH 44308-1103
United States
Tel:1/330/996-6300
URL: http://www.firstmerit.com
Primary Symbol & Exchange:
FMER - Common Stock - NASDAQ
Industry:
Banking
FirstMerit Corporation Company Snapshot

FirstMerit Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

FirstMerit Corporation M&A History


FirstMerit Corp acquires First Bank-Branches,Chicago,IL from First Banks Inc (pending) FirstMerit Corp acquires  First Bank-Branches,Chicago,IL from First Banks Inc (pending)Nov 11, 2009

US - FirstMerit Corp (FirstMerit) definitively agreed to acquire ## branches of First Bank (First), Creve Coeur, Missouri, a unit of First Banks Inc. Concurrently, FirstMerit definitively agreed to acquire the loan portfolio of First.

FirstMerit Corp acquires First Bank-Asset Based Loan from First Banks Inc (pending) FirstMerit Corp acquires  First Bank-Asset Based Loan from First Banks Inc (pending)Nov 11, 2009

US - FirstMerit Corp (FirstMerit) definitively agreed to acquire the USD ### mil asset based loan portfolio of First Bank (First), Creve Coeur, Missouri, a unit of First Banks Inc, for an estimated USD #.## mil based on the industry

Vanderbilt Mortgage & Finance acquires FirstMerit Corp-Housing Loans from FirstMerit Corp,Akron,Ohio Vanderbilt Mortgage & Finance acquires FirstMerit Corp-Housing Loans from FirstMerit Corp,Akron,OhioDec 01, 2003

US - Vanderbilt Mortgage Finance Inc acquired the $### mil manufactured housing loan portfolio of FirstMerit Corp, a commercial bank, for an estimated $##.## mil, based on the industry standard Capitalization Rate (or Leverage Rate) of #%.

Federated Investors acquires FirstMerit-Mutual Funds(2) from FirstMerit Corp,Akron,Ohio Federated Investors acquires FirstMerit-Mutual Funds(2) from FirstMerit Corp,Akron,OhioAug 28, 2002

US - Federated Investors Inc acquired # mutual funds from FirstMerit Corp, a commercial bank and holding company. Terms were not disclosed.

FirstMerit Corp,Akron,Ohio acquires Signal Corp,Wooster,OH FirstMerit Corp,Akron,Ohio acquires Signal Corp,Wooster,OHFeb 12, 1999

FirstMerit Corp (FIM), Akron, Ohio, acquired Signal Corp (SIG), Wooster, Ohio, in a stock swap transaction valued at $###.### mil. FIM offered #.## FIM common shares per SIG share. Based on FIM's closing stock price of $##

FirstMerit Corp,Akron,Ohio acquires Security First Corporation FirstMerit Corp,Akron,Ohio acquires Security First CorporationOct 23, 1998

FirstMerit Corp, Akron, Ohio, (FM) acquired Security First Corp (SFC) in a stock swap transaction valued at $###.### mil. FM offered #.#### common shares per SFC share. Based on FM's closing stock price of $##.#### on

FirstFederal Finl Svcs,Ohio acquires First Shenango Bancorp,PA FirstFederal Finl Svcs,Ohio acquires First Shenango Bancorp,PAJun 30, 1998

Signal Corp, Wooster, Ohio, formerly known as FirstFederal Financial Services Corp, acquired all the outstanding common stock of First Shenango Bancorp (FSB), New Castle, Pennsylvania, in exchange for an amended #.# mil common shares valued at $##.### mil

FirstMerit Corp,Akron,Ohio acquires CoBancorp Inc FirstMerit Corp,Akron,Ohio acquires CoBancorp IncMay 22, 1998

FirstMerit (FM), Akron, Ohio, acquired CoBancorp (CB), Elyria, Ohio, in a stock swap transaction valued at $###.### mil. FM offered #.### common shares per CB share, for up to a ##% interest, and $##.## in cash for

FirstMerit Corp,Akron,Ohio acquires First Western Bank,PA-Ohio Br from Sky Financial Group Inc, (pending) FirstMerit Corp,Akron,Ohio acquires First Western Bank,PA-Ohio Br from Sky Financial Group Inc, (pending)Oct 16, 1997

FirstMerit Corp, Akron, Ohio planned to acquire three Ohio branches of First Western Bank, New Castle, Pennsylvania, a unit of First Western Bank Corp Inc, New Castle, Pennsylvania. Terms were not disclosed. The transaction was subject to federal and state

FirstMerit Corp,Akron,Ohio acquires First Wstn Bancorp-PA Brs(3) from Sky Financial Group Inc, (pending) FirstMerit Corp,Akron,Ohio acquires First Wstn Bancorp-PA Brs(3) from Sky Financial Group Inc, (pending)Oct 09, 1997

FirstMerit Corp, Akron, Ohio agreed to acquire three Lake County, Pennsylvania branches of First Western Bancorp, New Castle, Pennsylvania. Terms were not disclosed. The transaction was subject to federal and state banking regulatory approval.

Signal Bank NA(FirstFederal) acquires KeyCorp,Cleveland,OH-OH Br(7) from KeyCorp,Cleveland,Ohio Signal Bank NA(FirstFederal) acquires KeyCorp,Cleveland,OH-OH Br(7) from KeyCorp,Cleveland,OhioSep 17, 1997

Signal Bank,Saint Paul, Minnesota, a unit of FirstFederal Financial Services, Wooster, Ohio, acquired # Ohio branches from KeyCorp, Cleveland, Ohio, for approximately ##.# mil. The transaction had been subject to federal and state banking and regulatory approval.

FirstFederal Finl Svcs,Ohio acquires Alliance Corporate Resources FirstFederal Finl Svcs,Ohio acquires Alliance Corporate ResourcesJul 08, 1997

US - FirstFederal Financial Services acquired all the outstanding stock of Alliance Corporate Resources, a provider of information technology equipment leasing and financing services, for approximately $# mil. The consideration consisted of an undisclosed amount in cash and profit-related payments

FirstFederal Finl Svcs,Ohio acquires Summit Bancorp,Akron,Ohio FirstFederal Finl Svcs,Ohio acquires Summit Bancorp,Akron,OhioJul 08, 1997

FirstFederal Financial Services (FF), Wooster, Ohio, acquired Summit Bancorp (SB), Akron, Ohio, in a stock swap transaction valued at $##.### mil. SB shareholders received #.## FF common shares per share held. Based on FF's closing stock price

SouthTrust Corp,Birmingham,AL acquires FirstMerit Bank,Clearwater,FL from FirstMerit Corp,Akron,Ohio SouthTrust Corp,Birmingham,AL acquires FirstMerit Bank,Clearwater,FL from FirstMerit Corp,Akron,OhioJan 02, 1997

SouthTrust, Birmingham, Alabama acquired FirstMerit Bank, Clearwater, Florida. Terms were not disclosed. The transaction was subject to federal and state regulatory approval.

Richland Trust Co acquires Peoples National Bk,Wooster,OH from FirstMerit Corp,Akron,Ohio Richland Trust Co acquires Peoples National Bk,Wooster,OH from FirstMerit Corp,Akron,OhioAug 29, 1996

Richland Trust agreed to acquire # Richland County branch of Peoples National Bank. Terms were not disclosed. The transaction was subject to federal and state banking regulatory approval.

FirstFederal Finl Svcs,Ohio acquires Mobile Consultants Inc FirstFederal Finl Svcs,Ohio acquires Mobile Consultants IncApr 03, 1996

FirstFederal Financial Services (FFS) merged with Mobile Consultants (MC) in a tax-free stock swap transaction valued at approximately $#.## mil. The consideration consisted of approximately ###,### FFS common shares and an undisclosed amount of cash and notes

Chippewa Valley Bk(Chippewa) acquires 1st Natl Bk of OH-Ohio Branch from FirstMerit Corp,Akron,Ohio Chippewa Valley Bk(Chippewa) acquires 1st Natl Bk of OH-Ohio Branch from FirstMerit Corp,Akron,OhioJan 31, 1996

Chippewa Valley Bank, Rittman, Ohio, a unit of Chippewa Valley Bancshares, agreed to acquire # Ohio branches of First National Bank of Ohio, Akron, Ohio, a unit of FirstMerit. The two branches were located in Clinton & Doylestown, Ohio. The transaction

First Federal S&L Assn,Wooster acquires Peoples Natl Bk-Mt Vernon,OH from BT Financial Corp,Johnstown,PA First Federal S&L Assn,Wooster acquires Peoples Natl Bk-Mt Vernon,OH from BT Financial Corp,Johnstown,PADec 29, 1995

First Federal Savings & Loan Association of Wooster, a unit of First Federal Financial Services, agreed to acquire the Mt Vernon, Ohio branch, of Peoples National Bank. The transaction was subject to federal and state banking regulatory approval.

Madison Savings & Loan Assoc withdraws offer for FirstMerit Corp,Akron,Ohio Madison Savings & Loan Assoc withdraws offer for FirstMerit Corp,Akron,OhioDec 14, 1995

Madison Savings & Loan terminated its agreement to merge with FirstMerit.

FirstFederal Finl Svcs,Ohio acquires FirstMerit Corp-Ohio Branch from FirstMerit Corp,Akron,Ohio FirstFederal Finl Svcs,Ohio acquires FirstMerit Corp-Ohio Branch from FirstMerit Corp,Akron,OhioNov 29, 1995

First Federal Financial Services agreed to acquire the Ohio Branch of First Merit. Terms were not disclosed.

FirstMerit Corporation M&A Summary


FirstMerit Corporation has made 13 acquisitions while taking stakes in 0 companies. FirstMerit Corporation has 4 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008000
2007000
2006000
2005000
2004000
2003001
2002001
2001000
2000000
1999100
1998300
1997301
1996100
1995101
1994100
1993100
1992100
1991100
Total1304

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