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Deal Overview

Buyer:
Wintrust Financial Corporation
Actual Acquirer:
Wintrust Financial Corporation
Target:
Suburban Illinois Bancorp, Inc.
Deal Type:
Bank & Thrift Company
Agreement Date:
4/2/2015
Announcement Date:
4/2/2015
Announced Deal Value ($ M):
12.50
Status:
Completed
Completion Date:
7/17/2015
Announced Deal Value Per Share ($ )
34.63

Consideration Breakout
Cash ($M) 12.5

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 31.1 31.1
Price / Tangible Book (%) 31.1 31.1
Price / Earnings (x) 16.4 16.4
Price / Deposits (%) 2.93 2.93
Price / Assets (%) 2.56 2.56
Tangible Book Premium/ Deposits (%) (7.63) (7.63)
Deal Terms
Description of Consideration

Wintrust Financial Corp. paid approximately $12.5 million in cash to acquire all of the outstanding shares of Suburban Illinois Bancorp Inc. Wintrust Financial Corp. also assumed trust preferred securities of $15.46 million.

Accounting Method Acquisition
In-State Transaction? Yes
Merger of Equals? No
Geographic Expansion? In Market
Goodwill Generated ($ 000) 18,600
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
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller Yes Hovde Group LLC
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Schiff Hardin LLP
Seller Yes Barack Ferrazzano Kirschbaum
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