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Mergers by Year

Bank Mergers in 1997

The Federal Reserve's National Information Center (NIC) recorded 1,240 merger records involving a bank, credit union or bank holding company in 1997. 714 had a bank as the acquired institution. Many acquired parties in this period are not classified as banks, credit unions or holding companies, so the bank count understates the year; the full list is below. NIC recorded 1,203 in 1996.

714
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
274
Holding companies
Bank holding companies merged
1,240
All merger records
1997 in US banking ›

Largest bank mergers of 1997

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective Acquired bank State Assets Acquirer
Dec 31, 1997 Flagship Bank FSB CA — International City Bank Federal Savings Bank
Dec 31, 1997 PNC Bank, Ohio, National Association OH — PNC Bank, N.A.
Dec 31, 1997 The Crockett State Bank TX — First National Bank of Huntsville
Dec 31, 1997 First Bank of Beverly Hills, State Savings Bank CA — First Bank of Beverly Hills
Dec 31, 1997 PNC Bank, Kentucky, Inc. KY — PNC Bank, N.A.
Dec 31, 1997 P N C Bank, Indiana, Inc. IN — PNC Bank, N.A.
Dec 31, 1997 The Farmers and Savings Bank, Loudonville, Ohio OH — First-Knox National Bank
Dec 31, 1997 Culver National Bank CA — Bank of Los Angeles
Dec 30, 1997 First National Bank of Dayton TX — Paradigm Bank Texas
Dec 29, 1997 Colorado Business Bank, National Association CO — CoBiz Bank
Dec 23, 1997 Carolina State Bank NC — First Charter Bank
Dec 23, 1997 First Interstate Bank, FSB MT — First Interstate Bank
Dec 22, 1997 The Home National Bank of Sutton WV — City National Bank of West Virginia
Dec 22, 1997 The Old National Bank of Huntington WV — City National Bank of West Virginia
Dec 22, 1997 First State Bank and Trust, National Association WV — City National Bank of West Virginia

Biggest bank failures by assets ›

Every merger recorded in 1997

1,240 NIC merger records in 1997 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Dec 31, 1997 Plains Service Corporation TX PlainsCapital Bank
Dec 31, 1997 Consolidated Computer Center, Inc. OH The Park National Bank
Dec 31, 1997 Alma Bancshares Corporation MO C.S. Bancshares, Inc.
Dec 31, 1997 Humboldt Bancshares, Inc. KS CGB Acquisition Corporation
Dec 31, 1997 Central Kansas Bankshares, Inc. KS Central Financial Corporation
Dec 31, 1997 Coban, Inc. OR The Commercial Bank
Dec 31, 1997 Flagship Bank FSB CA International City Bank Federal Savings Bank
Dec 31, 1997 First Bank of Beverly Hills, State Savings Bank CA First Bank of Beverly Hills
Dec 31, 1997 PNC Bank, Kentucky, Inc. KY PNC Bank, N.A.
Dec 31, 1997 Our Own Hardware Employees Credit Union MN MY Credit Union
Dec 31, 1997 Atlas Federal Credit Union PA First Commonwealth Federal Credit Union
Dec 31, 1997 PNC Bank, Ohio, National Association OH PNC Bank, N.A.
Dec 31, 1997 The Crockett State Bank TX First National Bank of Huntsville
Dec 31, 1997 (unnamed) — Enterprise Banking, National Association
Dec 31, 1997 Langdon Bancshares, Inc. ND F & M Bancshares, Inc.
Dec 31, 1997 Culver National Bank CA Bank of Los Angeles
Dec 31, 1997 The Farmers and Savings Bank, Loudonville, Ohio OH First-Knox National Bank
Dec 31, 1997 C D S Employees Credit Union IL Valley Bell Credit Union
Dec 31, 1997 Lowell Sun Employees Credit Union MA Jeanne D'Arc Credit Union
Dec 31, 1997 (unnamed) — Sun Security Bank of America
Dec 31, 1997 P N C Bank, Indiana, Inc. IN PNC Bank, N.A.
Dec 31, 1997 Houston Bancorporation, Inc. TX Popular North America, Inc.
Dec 31, 1997 B. P. Corporation MN Lakeside Credit Co., Inc.
Dec 31, 1997 Iowa Financial Bancorporation MN Lakeside Credit Co., Inc.
Dec 31, 1997 Comerica Community Development Corporation MI Comerica Bank
Dec 31, 1997 Lytton Corporation CA Comerica Holdings Incorporated
Dec 31, 1997 Firstmondovi, Inc. WI Gebsco, Inc.
Dec 30, 1997 Ford Bank Group, Inc. MN United New Mexico Financial Corporation
Dec 30, 1997 First National Bank of Dayton TX Paradigm Bank Texas
Dec 29, 1997 First Tule Bancorp of Delaware, Inc. DE Blackhawk Bancorporation
Dec 29, 1997 Bancshares Holding Company DE Independent Bancorp of Arizona, Inc.
Dec 29, 1997 Ford Bank Group Holdings, Inc. DE Ford Bank Group, Inc.
Dec 29, 1997 Premier Trust Company VA First Virginia Bank
Dec 29, 1997 Colorado Business Bank, National Association CO CoBiz Bank
Dec 23, 1997 First Interstate Bank, FSB MT First Interstate Bank
Dec 23, 1997 Carolina State Bank NC First Charter Bank
Dec 23, 1997 Summit Credit Corp. NJ Summit Bancorp.
Dec 22, 1997 The Home National Bank of Sutton WV City National Bank of West Virginia
Dec 22, 1997 Blue Ridge Bank, National Association WV City National Bank of West Virginia
Dec 22, 1997 Dickinson Bancorporation, Inc. MN Independent Bancorp of Arizona, Inc.
Dec 22, 1997 La Porte Bancorp MN Lindeberg Financial Corporation
Dec 22, 1997 Norwest Indiana, Inc. IN Blackhawk Bancorporation
Dec 22, 1997 Valley-Hi Investment Company MN Independent Bancorp of Arizona, Inc.
Dec 22, 1997 New Braunfels Bancshares, Inc. MN Independent Bancorp of Arizona, Inc.
Dec 22, 1997 Parker Bankshares, Incorporated MN Independent Bancorp of Arizona, Inc.
Dec 22, 1997 First Tule Bancorp, Inc. MN Blackhawk Bancorporation
Dec 22, 1997 D.L. Bancshares, Inc. MN Lindeberg Financial Corporation
Dec 22, 1997 Alexandria Securities and Investment Company MN Lindeberg Financial Corporation
Dec 22, 1997 Am-Can Investments, Inc. MN Blackhawk Bancorporation
Dec 22, 1997 Babbscha Company MN Independent Bancorp of Arizona, Inc.

Bank mergers by year

·

Year Merger records
2026 360
2025 433
2024 314
2023 363
2022 432
2021 437
2020 437
2019 547
2018 643
2017 608
2016 655
2015 766

Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.

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