Transactions

Announcing the second acquisition of a Louisiana bank in three months

Sheshunoff & Co. Investment Banking, a leader in merger and acquisition advisory services to financial institutions, announces the acquisition of Citizens Progressive Bank in Columbia, LA by a subsidiary of Caldwell Holding Company of Columbia, LA. Sheshunoff & Co. Investment Banking served as the exclusive financial advisor to Citizens Progressive Bank. This is Sheshunoff & Co.’s seventh transaction of 2007. Most recently Sheshunoff & Co. served as financial advisor for American Bank in Welsh, Louisiana.

Under the terms of the agreement, Citizens Progressive Bank shareholders will receive $8.7 million in cash for the $41 million bank.

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