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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
Jun 13, 1997 Norwest Bank Texas, Kerrville, National Association TX Norwest Bank Texas, South, National Association
Jun 13, 1997 First Federal Savings Bank of Citrus County FL Regions Bank of Florida
Jun 13, 1997 Norwest Bank Texas, Comfort TX Norwest Bank Texas, South, National Association
Jun 13, 1997 Norwest Bank Texas, Bandera TX Norwest Bank Texas, South, National Association
Jun 13, 1997 First State Bank of Maple Park IL Old Second National Bank
Jun 12, 1997 Boatmen's Bank of Vandalia MO Bank of America, N.A.
Jun 10, 1997 Bankcentral Corporation IL Bankcentral, Inc.
Jun 10, 1997 Bbi Kansas, Inc. KS NB Holdings Corporation
Jun 9, 1997 State Bank of Towner ND Western State Bank
Jun 9, 1997 Deposit Guaranty National Bank of Louisiana LA Deposit Guaranty National Bank
Jun 7, 1997 First Interstate Bank of Wyoming, National Association WY First Interstate Bank
Jun 7, 1997 SDN Bancorp, Inc. CA Eldorado Bancorp
Jun 7, 1997 George Mason Bank, National Association MD United Bank
Jun 7, 1997 The Bank of Mid-Jersey NJ Summit Bank
Jun 7, 1997 Washington County National Bank MD American Trust Bank, National Association
Jun 7, 1997 Monarch Bank CA National Bank of Southern California
Jun 6, 1997 The First National Bank of Leedey OK The Bank of the West
Jun 6, 1997 Bank Calumet National Association IL Bank Calumet National Association
Jun 6, 1997 Bank Calumet, Inc. IL Bank Calumet, Inc.
Jun 6, 1997 Boulevard Bancorp, Inc. IL U.S. Bancorp
Jun 6, 1997 Colorado National Bankshares, Inc. CO U.S. Bancorp
Jun 5, 1997 First Union National Bank of Florida FL Wachovia Bank, N.A.
Jun 5, 1997 First Union National Bank of Georgia GA Wachovia Bank, N.A.
Jun 5, 1997 IV Commercial Acquisition, Inc. KS Bbi Kansas, Inc.
Jun 5, 1997 First Union Corporation of Georgia GA Wachovia Corporation
Jun 5, 1997 California Commercial Bankshares CA Western Bancorp
Jun 3, 1997 SouthTrust Bank of North Carolina NC SouthTrust Bank
Jun 3, 1997 SouthTrust Bank of Florida, National Association FL SouthTrust Bank
Jun 3, 1997 sSouthTrust Bank of Northwest Florida FL SouthTrust Bank
Jun 3, 1997 SouthTrust Bank of Columbus, National Association GA SouthTrust Bank
Jun 3, 1997 SouthTrust Bank of Georgia, National Association GA SouthTrust Bank
Jun 3, 1997 Southtrust of Mississippi, Inc. MS Wachovia of Alabama, Inc.
Jun 3, 1997 SouthTrust Bank of Russell County AL SouthTrust Bank
Jun 3, 1997 SouthTrust Bank of South Carolina, National Association SC SouthTrust Bank
Jun 3, 1997 Southtrust of South Carolina, Inc. SC Wachovia of Alabama, Inc.
Jun 3, 1997 Southtrust of Tennessee, Incorporated TN Wachovia of Alabama, Inc.
Jun 3, 1997 SouthTrust Bank of Tennessee, National Association TN SouthTrust Bank
Jun 3, 1997 Southtrust of Georgia, Incorporated GA Wachovia of Alabama, Inc.
Jun 3, 1997 Southtrust of Florida, Incorporated FL Wachovia of Alabama, Inc.
Jun 3, 1997 SouthTrust Bank of South Mississippi MS SouthTrust Bank
Jun 2, 1997 Holyoke Municipal Employees Credit Union MA Holyoke Credit Union
Jun 2, 1997 Wachovia Bank of Georgia, National Association GA Wachovia Bank, National Association
Jun 2, 1997 MidConn Bank CT Eagle Bank
Jun 2, 1997 NationsBank, National Association (South) GA Bank of America, N.A.
Jun 2, 1997 Wachovia Bank of South Carolina, National Association SC Wachovia Bank, National Association
Jun 1, 1997 First Bank National Association NE U.S. Bank National Association
Jun 1, 1997 Metrobank - Illinois, National Association IL Metrobank, National Association
Jun 1, 1997 Austin County Bankshares-Delaware, Inc. DE Delaware Financial, Inc.
Jun 1, 1997 First Bankshares, Inc. GA Regions Financial Corporation
Jun 1, 1997 Southeastern Indiana Bancorp IN First Financial Bancorp

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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