Transactions

Sheshunoff & Co. Investment Banking announces American Premier Bank ($106 million in assets) has agreed to merge with First General Bank ($210 million). Sheshunoff & Co. advised both institutions, providing valuation analyses for each bank in this transaction involving an exchange of stock.

This represents the seventh transaction announced by Sheshunoff in five months, evidence that bank merger activity is on the rise in many parts of the country. More stock transaction of this type can be expected as banks seek to build size to enjoy economies of scale and become more efficient.