Colonial BancGroup is concentrating on real estate loans.
pressure until it was closed in March, to $25 billion Colonial BancGroup of Alabama, which closed its doors in the summer ..... third largest failure in U.S. history, all of Colonial ’s deposits were sold to BB&T, turning it into
27 per share in the fourth quarter and $1.15 for the year, profiting from its FDIC-assisted purchase of Colonial BancGroup , its large insurance business, and a manageable level of charge-offs. The fourth quarter results affirm our
continue this trend in the first quarter of 2010 as its deal with BB&T BBT to purchase the Nevada branches of failed Colonial Bancgroup closes. We believe these moves will pay off for US Bank shareholders in the long run and are increasing our fair
announced that it would purchase Colonial BancGroup 's CNB branches, some loans, and ..... which seized the troubled Colonial . To help support the $22 billion ..... suspect the accretion from the Colonial deal will probably be largely
results from SunTrust STI, Regions Financial RF, and Colonial BancGroup CNB --all of which operate in the same areas as Synovus ..... the still-weakening Atlanta region. Regions and Colonial have already cut their dividends to preserve capital
Colonial BancGroup CNB announced it will purchase Commercial ..... Based on our fair value estimates for Colonial and Commercial, the deal is worth ..... fair value estimate for Commercial. Colonial is paying 3.5 times book value and