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Citizens Banking Corporation And Republic Bancorp Inc. Announce Merger Agreement
| CITIZENS BANKING CORPORATION |
| REPUBLIC BANCORP INC. |
| RSSID 1205688 |
| RSSID 1135600 |
| 328 SOUTH SAGINAW STREET |
| 1070 EAST MAIN STREET |
| FLINT, MI, 48502 |
| OWOSSO, MI, 48867 |
Citizens Banking Corporation And Republic Bancorp Inc. Announce Merger Agreement To Create A Leading Midwestern Franchise
FLINT and ANN ARBOR, Mich., June 27 /PRNewswire-FirstCall/ -- Citizens Banking Corporation ("Citizens") and Republic Bancorp Inc. ("Republic") announced today that they have agreed to merge Republic into Citizens to create the new Citizens Republic Bancorp in a transaction currently valued at approximately $1.048 billion in stock and cash. Citizens Republic Bancorp will be the 45th largest bank holding company headquartered in the United States, based on March 31, 2006 assets of $13.9 billion.
| Citizens Banking Corporation / Republic Bancorp Inc. Call Report Comparison for quarter ending 20060930 |
| HC - Consolidated Balance Sheet |  |  |  |
| HI - Consolidated Income Statement | | | |
| Citizens Banking Corporation / Republic Bancorp Inc. |
| Related Institutions |
| Bank / Thrift |
Holding Company |
Assets(000) |
Asset Concentration |
| Citizens Bank |
CITIZENS BANKING CORP. |
7,375,100 |
Commercial Lending Specialization |
| Republic Bank |
REPUBLIC BANCORP INC. |
6,186,020 |
Commercial Lending Specialization |
| F&M Bank-Iowa Central |
CITIZENS BANKING CORP. |
394,942 |
All Other Specialization < 1 Billion |
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