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Deal Overview

Buyer:
Kearny Financial Corp. (MHC)
Actual Acquirer:
Kearny Federal Savings Bank (MHC)
Target:
Atlas Bank
Deal Type:
Bank & Thrift Company
Agreement Date:
1/30/2014
Announcement Date:
1/30/2014
Announced Deal Value ($ M):
NA
Status:
Completed
Completion Date:
6/30/2014
Announced Deal Value Per Share ($ )
NA

Deal Terms
Description of Consideration

This is a merger of mutuals so no consideration will be exchanged.

Accounting Method Acquisition
In-State Transaction? No
Merger of Equals? No
Geographic Expansion? Market Expansion
Goodwill Generated ($ 000) NA
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) 202
Maximum Termination Fee ($ 000) 600
Minimum Termination Fee ($ 000) 0
Exchange Ratio (Common For Common) NA
Exchange Ratio (Common For Preferred) NA
Exchange Ratio (Preferred For Common) NA
Exchange Ratio (Preferred For Preferred) NA
Lockup Agreement No
Strike Price ($ ) NA
% of Shares Outstanding NA
Shares Under Option NA
Core Deposit Intangibles ($ 000) 398
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes FinPro Inc.
Seller Yes Sandler O'Neill & Partners LP
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Spidi & Fisch PC
Seller Yes Kilpatrick Townsend & Stockton