Mergers & Acquisitions

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Deal Overview

Buyer:
United Bancorporation of Alabama, Inc.
Target:
Charter of Premier Cmnty Bank of South FL
Seller:
Colonial BancGroup, Inc.
Deal Type:
Other Bank & Thrift
Agreement Date:
3/5/2004
Announcement Date:
3/5/2004
Announced Deal Value ($ M):
0.80
Status:
Completed
Consideration Type
1
Completion Date:
7/2/2004

Consideration Breakout
Cash ($M) 0.9

Deal Terms
Description of Consideration

United Bancorp. of Alabama paid about $800,000 in cash to acquire the charter of Premier Community Bank of South Florida.

Percent Acquired (%) NA
Accounting Method Purchase

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