Transactions

American Bank08.27.2007$61 million in assets

Announcing the acquisition of a Louisiana bank

Sheshunoff & Co. Investment Banking, a leader in merger and acquisition advisory services to financial institutions, announces the acquisition of American Bank in Welsh, LA, by St. Martin Bank & Trust Company of St. Martinville, LA. Sheshunoff & Co. served as the exclusive financial advisor to American Bank.

Under the terms of the agreement, St. Martin Bank & Trust Co. will purchase American Bank for $15.1 million in cash.

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