First Merchants Corporation and Ameriana Bancorp Announce the Signing of a Definitive Merger Agreement

MUNCIE, Ind. & NEW CASTLE, Ind.-- First Merchants Corporation (FRME) and Ameriana Bancorp (ASBI) today announced they have executed a definitive agreement whereby Ameriana Bancorp will merge with and into First Merchants Corporation, and its wholly owned bank subsidiary, Ameriana Bank, will merge with and into First Merchants Bank, NA.

The merger agreement provides that shareholders of Ameriana Bancorp will have the right to exchange each Ameriana Bancorp common share held for 0.9037 shares of First Merchants’ common stock. Based on the closing price of First Merchants’ common stock on June 26, 2015 of $25.13, the transaction value is approximately $68.8 million, with an implied price per share of Ameriana Bancorp common stock of $22.71.

WSFS Financial Corporation and Alliance Bancorp, Inc. of Pennsylvania Enter Into Definitive Agreement and Plan of Merger

WILMINGTON, Del., March 3, 2015 -- WSFS Financial Corporation (WSFS) and Alliance Bancorp, Inc. of Pennsylvania (ALLB) jointly announced today the signing of a definitive agreement and plan of merger whereby WSFS Financial Corporation will acquire Alliance Bancorp, Inc. of Pennsylvania. Upon the closing of the transaction, Alliance Bank, the wholly owned bank subsidiary of Alliance Bancorp, Inc. of Pennsylvania will merge into WSFS Financial Corporation's wholly owned bank subsidiary, WSFS Bank. Headquartered in Broomall, Pennsylvania, Alliance Bank opened in 1938 as an independent, locally-managed institution dedicated to providing the highest quality community banking services predominantly to Delaware County and neighboring Chester County residents. Alliance Bank reported approximately $421 million in assets, $310 million in loans and $345 million in deposits as of December 31, 2014 and serves its customers from eight branch locations. Following the merger, WSFS will have 17 locations in southeastern Pennsylvania, including 11 in Delaware County.

Community Bank System, Inc. and Oneida Financial Corp. Announce Signing of Definitive Merger Agreement

Combined #4 Market Share in Syracuse MSA
Attractive Deployment of Shareholder Capital
Over 50% Premium to ONFC Shareholders and Significant per Share Cash Earnings Accretion to CBU Shareholders

SYRACUSE, N.Y. & ONEIDA, N.Y.-- Community Bank System, Inc. (CBU) and Oneida Financial Corp. (ONFC) today announced the signing of a definitive agreement pursuant to which Community Bank System, Inc. will acquire Oneida Financial Corp., parent company of Oneida Savings Bank in Oneida, NY, for approximately $142 million in Community Bank System, Inc. stock and cash, or $20 per share. Under the terms of the agreement, shareholders of Oneida Financial Corp. can elect to receive either 0.5635 shares of Community Bank System, Inc. common stock or $20.00 in cash for each share of Oneida Financial Corp. common stock they hold, subject to an overall 60% stock and 40% cash split. The merger agreement has been unanimously approved by the board of directors of both companies.