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

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
Jun 23, 1997	Central and Southern Holding Company	GA	Premier Bancshares, Inc.
Jun 23, 1997	Key Trust Company of Florida, N.A.	FL	KeyBank N.A.
Jun 23, 1997	First Virginia Bank - Highlands	VA	First Virginia Bank-Southwest
Jun 21, 1997	Valliwide Bank	CA	Westamerica Bank
Jun 21, 1997	Mercantile Bank of Illinois, N.A.	IL	Firstar Bank Missouri, National Association
Jun 21, 1997	Universal Bancorp, Inc.	FL	TotalBank
Jun 21, 1997	Universal National Bank	FL	TotalBank
Jun 21, 1997	Mark Twain Bank	MO	Firstar Bank Missouri, National Association
Jun 21, 1997	N.H.C. Federal Credit Union	NE	Northeast Nebraska Federal Credit Union
Jun 21, 1997	First Interstate Bank of Montana, National Association	MT	First Interstate Bank
Jun 21, 1997	Volunteer Bank	TN	Cadence Bank
Jun 21, 1997	Mountain Bank	MT	First Interstate Bank
Jun 21, 1997	First Bank of Natchitoches and Trust Company	LA	The Peoples State Bank
Jun 21, 1997	Tang Federal Credit Union	TX	OmniAmerican Bank
Jun 20, 1997	First Farmers and Merchants Bank	TX	First State Bank of Texas
Jun 20, 1997	Norwest Bank Texas, Bay City, National Association	TX	Norwest Bank Texas, South Central
Jun 16, 1997	Colonial Bank of Tennessee	TN	Colonial Bank
Jun 16, 1997	Colonial Bank	GA	Colonial Bank
Jun 14, 1997	Boatmen's National Bank of Coles County	IL	Bank of America, N.A.
Jun 14, 1997	SJS Bancorp, Inc.	MI	Chemical Bank Shoreline
Jun 14, 1997	SB&T Corporation	GA	Regions Financial Corporation
Jun 14, 1997	The First National Bank of Rowena	TX	West Texas State Bank
Jun 14, 1997	Boatmen's Bank of Southwest Missouri	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's Bank of Kennett	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's National Bank of Boonville	MO	Bank of America, N.A.
Jun 14, 1997	Nationsbank, National Association (Mid-West)	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's Bank of Franklin County	IL	Bank of America, N.A.
Jun 14, 1997	Boatmen's River Valley Bank	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's Bank of Marshall	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's National Bank of Central Illinois	IL	Bank of America, N.A.
Jun 14, 1997	Boatmen's National Bank of Lebanon	MO	Bank of America, N.A.
Jun 14, 1997	U. S. Bank of Idaho	ID	United States National Bank of Oregon
Jun 14, 1997	Boatmen's Bank of Rolla	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's Bank of Quincy	IL	Bank of America, N.A.
Jun 14, 1997	The Farmers and Merchants Bank	IN	Integra Bank N.A.
Jun 14, 1997	U.S. Bank of Utah	UT	United States National Bank of Oregon
Jun 14, 1997	Boatmen's Bank of Pulaski County	MO	Bank of America, N.A.
Jun 14, 1997	U.S. Bank of California	CA	United States National Bank of Oregon
Jun 14, 1997	Boatmen's Bank of Troy	MO	Bank of America, N.A.
Jun 14, 1997	U.S. Bank of Washington, National Association	WA	United States National Bank of Oregon
Jun 14, 1997	SJS Federal Savings Bank	MI	Chemical Bank Shoreline
Jun 14, 1997	Boatmen's Osage Bank	MO	Bank of America, N.A.
Jun 14, 1997	U. S. Bank of Nevada	NV	United States National Bank of Oregon
Jun 14, 1997	Peterson Bank	IL	Manufacturers Bank
Jun 14, 1997	Boatmen's Bank of Mid-Missouri	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's Bank of South Central Illinois	IL	Bank of America, N.A.
Jun 14, 1997	Boatmen's First National Bank of West Plains	MO	Bank of America, N.A.
Jun 14, 1997	Boatmen's National Bank of Cape Girardeau	MO	Bank of America, N.A.
Jun 14, 1997	The Boatmen's National Bank of St. Louis	MO	Bank of America, N.A.
Jun 13, 1997	Norwest Bank Texas, Waco, National Association	TX	Norwest Bank Texas, South, National Association

Bank mergers by year

← 1996 · 1998 →

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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