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Deal Overview

Buyer:
Wintrust Financial Corporation
Actual Acquirer:
Wintrust Financial Corporation
Target:
Diamond Bancorp, Inc.
Deal Type:
Bank & Thrift Company
Agreement Date:
7/31/2013
Announcement Date:
7/31/2013
Announced Deal Value ($ M):
3.62
Status:
Completed
Completion Date:
10/18/2013
Announced Deal Value Per Share ($ )
NA

Consideration Breakout
Cash ($M) 2.9

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 51.0 49.7
Price / Tangible Book (%) 52.7 51.7
Price / Earnings (x) NM NM
Price / Deposits (%) 2.68 2.14
Price / Assets (%) 2.21 1.77
Tangible Book Premium/ Deposits (%) (3.13) (2.60)
Deal Terms
Description of Consideration

Wintrust Financial Corp. paid approximately $2.9 million in cash to acquire Diamond Bancorp Inc. Target financials are for Diamond Bank FSB. Wintrust Financial Corp. will expand in Cook County, Ill., by three branches to be ranked ninth with a 2.70% share of approximately $220.29 billion in total market deposits and will expand in DuPage County, Ill., by one branch to be ranked fifth with a 6.30% share of approximately $34.05 billion in total market deposits.

Accounting Method Acquisition
In-State Transaction? Yes
Merger of Equals? No
Geographic Expansion? In Market
Goodwill Generated ($ 000) 8,400
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) NA
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
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