9 14 First First NNP 15 23 Security Security NNP 24 29 Corp. Corp. NNP 30 34 said say VBD 35 37 it it PRP 38 49 tentatively tentatively RB 50 56 agreed agree VBD 57 59 to to TO 60 67 acquire acquire VB 68 75 Deseret Deseret NNP 76 84 Bancorp. Bancorp. NNP 85 88 for for IN 89 94 stock stock NN 95 101 valued value VBN 102 104 at at IN 105 110 about about IN 111 112 $ $ $ 112 114 18 18 CD 115 122 million million CD 122 123 . . . 126 131 Terms term NNS 132 136 call call VBP 137 140 for for IN 141 146 First First NNP 147 155 Security Security NNP 156 158 to to TO 159 164 issue issue VB 165 170 about about RB 171 175 0.55 0.55 CD 176 181 share share NN 182 184 of of IN 185 188 its its PRP$ 189 194 stock stock NN 195 198 for for IN 199 203 each each DT 204 211 Deseret Deseret NNP 212 217 share share NN 218 222 held hold VBN 222 223 , , , 224 226 or or CC 227 228 a a DT 229 234 total total NN 235 237 of of IN 238 243 about about RB 244 251 550,000 550,000 CD 252 257 First First NNP 258 266 Security Security NNP 267 273 shares share NNS 273 274 . . . 275 277 It it PRP 278 281 has have VBZ 282 287 about about RB 288 292 12.3 12.3 CD 293 300 million million CD 301 307 shares share NNS 308 319 outstanding outstanding JJ 319 320 . . . 323 330 Deseret Deseret NNP 330 331 , , , 332 336 with with IN 337 342 about about IN 343 344 $ $ $ 344 347 100 100 CD 348 355 million million CD 356 358 in in IN 359 365 assets asset NNS 365 366 , , , 367 369 is be VBZ 370 373 the the DT 374 380 parent parent NN 381 383 of of IN 384 387 the the DT 388 395 Deseret Deseret NNP 396 400 Bank Bank NNP 400 401 , , , 402 407 which which WDT 408 411 has have VBZ 412 415 six six CD 416 423 offices office NNS 424 427 and and CC 428 440 headquarters headquarter NNS 441 443 at at IN 444 452 Pleasant Pleasant NNP 453 458 Grove Grove NNP 458 459 , , , 460 464 Utah Utah NNP 464 465 . . . 466 469 The the DT 470 478 purchase purchase NN 479 484 price price NN 485 487 is be VBZ 488 493 equal equal JJ 494 496 to to TO 497 502 about about RB 503 507 1.65 1.65 CD 508 513 times time NNS 514 521 Deseret Deseret NNP 521 523 ’s 's POS 524 531 roughly roughly RB 532 533 $ $ $ 533 537 10.7 10.7 CD 538 545 million million CD 546 550 book book NN 551 556 value value NN 556 557 , , , 558 560 or or CC 561 567 assets asset NNS 568 572 less less CC 573 584 liabilities liability NNS 584 585 . . . 588 592 Salt Salt NNP 593 597 Lake Lake NNP 598 608 City-based city-based JJ 609 614 First First NNP 615 623 Security Security NNP 623 624 , , , 625 629 with with IN 630 631 $ $ $ 631 634 5.4 5.4 CD 635 642 billion billion CD 643 645 in in IN 646 652 assets asset NNS 652 653 , , , 654 658 said say VBD 659 662 the the DT 663 672 agreement agreement NN 673 675 is be VBZ 676 683 subject subject JJ 684 686 to to TO 687 698 shareholder shareholder NN 699 702 and and CC 703 713 regulatory regulatory JJ 714 722 approval approval NN 722 723 , , , 724 727 and and CC 728 732 that that IN 733 735 it it PRP 736 741 hopes hop VBZ 742 744 to to TO 745 753 complete complete VB 754 757 the the DT 758 769 transaction transaction NN 770 775 early early JJ 776 780 next next JJ 781 785 year year NN 785 786 . . .