Mergers & Acquisitions

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Deal Overview

Buyer:
UMB Financial Corporation
Actual Acquirer:
UMB Financial Corporation
Target:
Overland Park Bancshares, Inc.
Deal Type:
Bank & Thrift Company
Agreement Date:
8/27/1992
Announcement Date:
8/27/1992
Announced Deal Value ($ M):
38.80
Status:
Completed
Completion Date:
6/14/1993
Announced Deal Value Per Share ($ )
109.79

Consideration Breakout
Common Stock ($M) 38.3
Common Stock Issued 1,021,580

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 202.4 193.8
Price / Tangible Book (%) 202.4 193.8
Price / Earnings (x) 23.8 22.6
Price / Deposits (%) 24.78 24.98
Price / Assets (%) 21.40 21.24
Tangible Book Premium/ Deposits (%) 13.25 12.67
Deal Terms
Description of Consideration

Overland Park shareholders received, in aggregate, 1,021,580 shares of United Missouri common. United Missouri already owned a 4.99% stake in Overland Park.

Accounting Method Purchase
In-State Transaction? No
Merger of Equals? No
Geographic Expansion? NA
Goodwill Generated ($ 000) NA
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
Maximum Termination Fee ($ 000) NA
Minimum Termination Fee ($ 000) NA
Exchange Ratio (Common For Common) 2.851700
Exchange Ratio (Common For Preferred) NA
Exchange Ratio (Preferred For Common) NA
Exchange Ratio (Preferred For Preferred) NA
Lockup Agreement NA
Strike Price ($ ) NA
% of Shares Outstanding NA
Shares Under Option NA
Core Deposit Intangibles ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Watson Ess Marshall & Enggas
Seller Yes Stinson Leonard Street LLP