Mergers by Year
Bank Mergers in 2006
The Federal Reserve's National Information Center (NIC) recorded 862 merger records involving a bank, credit union or bank holding company in 2006. 347 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 811 in 2005.
Largest bank mergers of 2006
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2006 | First National Bank of Goliad | — | American Bank, National Association |
| Dec 30, 2006 | Patriot Bank, National Association | — | Carter Bank & Trust |
| Dec 30, 2006 | The First National Bank of Chelsea | — | Lakeside State Bank |
| Dec 30, 2006 | Peoples National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Patrick Henry National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | The Summit National Bank | — | United Commercial Bank |
| Dec 30, 2006 | Central National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | First Arkansas Valley Bank | — | Liberty Bank of Arkansas |
| Dec 30, 2006 | Community National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Unity Bank, National Association | — | Unity Bank |
| Dec 30, 2006 | First National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Unity Bank Central | — | Unity Bank |
| Dec 30, 2006 | Mountain National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Blue Ridge Bank, National Association | — | Carter Bank & Trust |
| Dec 30, 2006 | Shenandoah National Bank | — | Carter Bank & Trust |
Every merger recorded in 2006
862 NIC merger records in 2006 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Jul 1, 2006 | Providence Hospital Federal Credit Union | Commonwealth One Federal Credit Union |
| Jul 1, 2006 | Mid-Valley Federal Credit Union | East Texas Professional Credit Union |
| Jul 1, 2006 | The Fulton County National Bank and Trust Company | Farmers and Merchants Trust Company of Chambersburg |
| Jul 1, 2006 | Brooklyn School Employees Credit Union, Inc. | Pse Credit Union, Inc. |
| Jul 1, 2006 | Printing Crafts Credit Union | Multipli Federal Credit Union |
| Jul 1, 2006 | First State Corp. | Firstfed Bancorp, Inc. |
| Jul 1, 2006 | Fulton Bancshares Corporation | Franklin Financial Services Corporation |
| Jul 1, 2006 | Royal American Bank | Midwest Bank and Trust Company |
| Jul 1, 2006 | Royal American Corporation | Midwest Banc Holdings, Inc. |
| Jul 1, 2006 | City National Bancshares, Inc. | Docking Bancshares, Inc. |
| Jul 1, 2006 | State Bank and Trust | Mount Prospect National Bank |
| Jul 1, 2006 | Albemarle First Bank | Rockingham Heritage Bank |
| Jun 30, 2006 | Plumbers & Steamfitters Local 348 Federal Credit Union | Goldenwest Federal Credit Union |
| Jun 30, 2006 | NVB Business Bank | North Valley Bank |
| Jun 30, 2006 | Premier Data Services, Inc. | Premier Financial Bancorp, Inc. |
| Jun 30, 2006 | Adair Insurance Agency, Inc. | Exchange Financial, Inc. |
| Jun 30, 2006 | Flint Hills Financial Services Corporation | Kansasland Bancshares, Inc. |
| Jun 30, 2006 | Icpr Federal Credit Union | Caribe Federal Credit Union |
| Jun 30, 2006 | Public Service C.D. Employees Federal Credit Union | Public Service Federal Credit Union |
| Jun 30, 2006 | Nu Genesis Credit Union | Numark Credit Union |
| Jun 30, 2006 | Crowley Building & Loan Association | Home Bank, N.A. |
| Jun 30, 2006 | Elmwood Park School Employees Credit Union | Leyden Credit Union |
| Jun 24, 2006 | Alamo Bank of Texas | Frost Bank |
| Jun 24, 2006 | Mid-Valley Bank | West Coast Bank |
| Jun 24, 2006 | Heritage Bank of Ashland, Inc. | Citizens Bank of Kentucky, Inc |
| Jun 24, 2006 | Fort Riley National Bank | Armed Forces Bank, N.A. |
| Jun 24, 2006 | Olathe State Bank | Bank of Colorado |
| Jun 22, 2006 | Olathe Bancorporation, Inc. | Pinnacle Bancorp, Inc. |
| Jun 19, 2006 | Johnson Bank Arizona, National Association | Johnson Bank |
| Jun 17, 2006 | State Bank of Rogers | Wells Fargo Bank, N.A. |
| Jun 16, 2006 | First-Citizens Bank, N.A. | First-Citizens Bank & Trust Company |
| Jun 15, 2006 | Community National Bancorporation | South Georgia Bank Holding Company |
| Jun 14, 2006 | Apex Mortgage Company | First Fidelity Bancorp, Inc. |
| Jun 13, 2006 | Rta Service Federal Credit Union | Rta Brooklyn Federal Credit Union |
| Jun 10, 2006 | United Prairie Bank-Slayton | United Prairie Bank |
| Jun 10, 2006 | Dekalb Bankshares, Inc. | First Community Corporation |
| Jun 10, 2006 | Southwest Community Bancorp | Placer Sierra Bancshares |
| Jun 10, 2006 | The Bank of Camden | First Community Bank |
| Jun 10, 2006 | Southwest Community Bank | Placer Sierra Bank |
| Jun 10, 2006 | United Prairie Bank-Jackson | United Prairie Bank |
| Jun 10, 2006 | United Prairie Bank - Madison | United Prairie Bank |
| Jun 10, 2006 | United Prairie Bank-New Ulm | United Prairie Bank |
| Jun 10, 2006 | The Mercantile Savings Bank | Peoples Community Bank |
| Jun 8, 2006 | Citizens, Incorporated | Cornerstone Holding Company, Inc. |
| Jun 5, 2006 | East Meadow Lodge Federal Credit Union | Sperry Associates Federal Credit Union |
| Jun 3, 2006 | Western Sierra National Bank | Columbia Bank |
| Jun 3, 2006 | Central California Bank | Columbia Bank |
| Jun 3, 2006 | Auburn Community Bank | Columbia Bank |
| Jun 3, 2006 | Western Sierra Bancorp | Umpqua Holdings Corporation |
| Jun 3, 2006 | Lake Community Bank | Columbia Bank |
Bank mergers by year
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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