Crossing the state line.You've probably already heard about Boatmen's Bancshares Inc. of St. Louis striking a deal to buy Superior Federal Bank of Fort Smith. The biggest holding company in Missouri will inject $28 million in equity capital into the largest Arkansas-based thrift. Superior, which operates 29 branches in 19 cities across the state, reported a $4.8 million profit during the third quarter of 1991. Shortly before news of the deal broke, Union Planters Planters is an American snack food company under Kraft Foods manufacturing, best known for its nuts and the Mr. Peanut icon that symbolizes them. Started by Italian immigrants Amedeo Obici and Mario Peruzzi in Wilkes-Barre, Pennsylvania, in 1906, it was incorporated in 1908 Corp. of Memphis, Tenn. was mentioned as a possible suitor SUITOR. One who is a party to a suit or action in court. One who is a party to an action. In its ancient sense, suitor meant one Who was bound to attend the county court, also, one who formed part of the secta. (q.v.) in the deal. For those keeping score, potential deals are still floating around involving: * Union of Arkansas Corp. of Little Rock and Citizens Bancshares Corp. of Jonesboro with combined assets of more than $900 million. The two McAdams family holding companies control Union National Bank affiliates in Little Rock; Magnolia; Temple, Okla.; and Austin, Texas, along with Citizens Bank of Jonesboro. * TCBankshares Inc. of North Little Rock with total assets of about $800 million. The Lyon family holding company controls Twin City Bank of North Little Rock, First National Bank of Crawford County Crawford County is the name of eleven counties in the United States:
First Commercial Corp. of Little Rock, Worthen Banking Corp. of Little Rock and the insolvent INSOLVENT. This word has several meanings. It signifies a person whose estate is not sufficient to pay his debts. Civ. Code of Louisiana, art. 1980.. A person is also said to be insolvent, who is under a present inability to answer, in the ordinary course of business, the responsibility Home Savings Association of Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo., have also been mentioned as holding companies that might be in play. It doesn't leave much out, does it? |
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