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
Aug 30, 1997	Concord Savings Bank	NH	CFX Bank
Aug 30, 1997	Bankers Savings	NJ	Santander Bank, N.A.
Aug 30, 1997	Barnett Bank of Southeast Georgia National Association	GA	Barnett Bank, National Association
Aug 29, 1997	The Bank of New Haven	CT	Citizens Bank of Connecticut
Aug 29, 1997	Irwin Bancorp, Inc.	GA	Ameris Bancorp
Aug 29, 1997	The Bank of Ocilla, Georgia	GA	Citizens Security Bank
Aug 26, 1997	Fort Wayne Police Department Federal Credit Union	IN	Fire Police City County Federal Credit Union
Aug 25, 1997	Burleson State Bank	TX	First State Bank of Texas
Aug 23, 1997	Mark Twain Illinois Bank	IL	Firstar Bank Missouri, National Association
Aug 23, 1997	Citizens Savings Bank F.S.B.	MD	Provident Bank of Maryland
Aug 23, 1997	Journal Employees Credit Union	IA	The Municipal Federal Credit Union
Aug 23, 1997	Progressive Bank, National Association-Bellaire	OH	Progressive Bank, N.A.
Aug 23, 1997	Mercantile Bank of Illinois	IL	Firstar Bank Missouri, National Association
Aug 23, 1997	Mansfield Bank and Trust Company	LA	Community Bank of Louisiana
Aug 23, 1997	The Exchange State Bank	KS	Cornerbank
Aug 23, 1997	Riverside Bancshares, Inc.	LA	Mansfield Bancshares, Inc.
Aug 22, 1997	West Columbia National Bank	TX	Norwest Bank Texas, South Central
Aug 22, 1997	The Farmers National Bank of Geneseo	IL	Wells Fargo Bank Illinois, National Association
Aug 18, 1997	Libsab Bancorp, Inc.	KY	Peoples First Corporation
Aug 16, 1997	SUNWEST Bank of Clovis, National Association	NM	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Northwest Iowa	IA	Bank of America, N.A.
Aug 16, 1997	First National Bank of Houma	LA	Whitney National Bank
Aug 16, 1997	SUNWEST Bank of Rio Arriba, National Association	NM	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Newark	AR	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of South Arkansas	AR	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Roswell, National Association	NM	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Hot Springs	AR	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Conway	AR	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of North Central Arkansas	AR	Bank of America, N.A.
Aug 16, 1997	Guaranty Federal Savings Bank	TN	Union Planters Bank of Kentucky, National Association
Aug 16, 1997	Regions Bank of Tennessee	TN	Regions Bank
Aug 16, 1997	Boatmen's Bancshares of Iowa, Inc.	MO	NB Holdings Corporation
Aug 16, 1997	Boatmen's Arkansas, Inc	AR	NB Holdings Corporation
Aug 16, 1997	Boatmen's Sunwest, Inc.	NM	NB Holdings Corporation
Aug 16, 1997	SUNWEST Bank of Grant County	NM	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Farmington	NM	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Northwest Arkansas	AR	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Russellville	AR	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Batesville	AR	Bank of America, N.A.
Aug 16, 1997	Boatmen's National Bank of Arkansas	AR	Bank of America, N.A.
Aug 16, 1997	Boatmen's Bank Iowa, National Association	IA	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Hobbs, National Association	NM	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Gallup	NM	Bank of America, N.A.
Aug 16, 1997	Boatmen's Bank of North Iowa	IA	Bank of America, N.A.
Aug 16, 1997	Boatmen's Bank of Fort Dodge	IA	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Albuquerque, National Association	NM	Bank of America, N.A.
Aug 16, 1997	Tri-State Bank	ID	Zions Bancorporation, N.A.
Aug 16, 1997	Boatmen's Bank of Northeast Arkansas	AR	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Las Cruces, National Association	NM	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Santa Fe	NM	Bank of America, N.A.

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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