Mergers by Year
Bank Mergers in 2007
The Federal Reserve's National Information Center (NIC) recorded 810 merger records involving a bank, credit union or bank holding company in 2007. 325 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 862 in 2006.
Largest bank mergers of 2007
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2007 | Tri-County National Bank | — | Forcht Bank, N.A. |
| Dec 31, 2007 | Somerset National Bank | — | Forcht Bank, N.A. |
| Dec 31, 2007 | PRP National Bank | — | Forcht Bank, N.A. |
| Dec 31, 2007 | Eagle Bank, Inc. | — | Forcht Bank, N.A. |
| Dec 31, 2007 | Laurel National Bank | — | Forcht Bank, N.A. |
| Dec 31, 2007 | R S Employees Credit Union | — | Northstar Credit Union |
| Dec 31, 2007 | Campbellsville National Bank | — | Forcht Bank, N.A. |
| Dec 31, 2007 | Williamsburg National Bank | — | Forcht Bank, N.A. |
| Dec 31, 2007 | Boone National Bank | — | Forcht Bank, N.A. |
| Dec 31, 2007 | Deposit Bank & Trust Co. | — | Forcht Bank, N.A. |
| Dec 31, 2007 | Knisely Bank | — | The Farmers & Merchants State Bank |
| Dec 29, 2007 | Stearns Bank Arizona National Association | — | Stearns Bank N.A. |
| Dec 21, 2007 | The Sycamore National Bank | — | LCNB National Bank |
| Dec 18, 2007 | Champaign National Bank | — | Civista Bank |
| Dec 15, 2007 | The Peoples Bank & Trust Company | — | BankTrust |
Every merger recorded in 2007
810 NIC merger records in 2007 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Mar 1, 2007 | U.S. Bancorp Licensing, Inc. | U.S. Bank N.A. |
| Mar 1, 2007 | Business Bank Corporation | City National Corporation |
| Mar 1, 2007 | City Bancorp | Bancorpsouth, Inc. |
| Mar 1, 2007 | Gwinnett Banking Company | First Charter Bank |
| Mar 1, 2007 | Front Range Capital Corporation | First State Bancorporation |
| Mar 1, 2007 | Northern Empire Bancshares | Sterling Financial Corporation |
| Mar 1, 2007 | Lincoln Community Federal Credit Union | Centric Federal Credit Union |
| Mar 1, 2007 | Central Federal Credit Union | Indiana University Credit Union |
| Mar 1, 2007 | First Napa Federal Credit Union | Redwood Credit Union |
| Mar 1, 2007 | Hometown Community Credit Union | Vibe Credit Union |
| Mar 1, 2007 | Esso Employees of P R Federal Credit Union | Puerto Rico Federal Credit Union |
| Mar 1, 2007 | Sonoma National Bank | Sterling Savings Bank |
| Mar 1, 2007 | Heritage Bank | First Community Bank |
| Mar 1, 2007 | Cyril State Bank | Brooks Bank, N.A. |
| Mar 1, 2007 | Gulf Shores Credit Union | Achieva Credit Union |
| Mar 1, 2007 | Members Choice Credit Union | Alabama Credit Union |
| Feb 28, 2007 | Royal Oaks Holdings of Delaware Inc | Royal Oaks Bancshares, Inc. |
| Feb 28, 2007 | Clayco Banc Corporation | Enterprise Financial Services Corp |
| Feb 24, 2007 | BankMalden, A Co-operative Bank | Danversbank |
| Feb 23, 2007 | Sterling City Delaware Financial Corporation | Sterling City Bancshares, Inc. |
| Feb 23, 2007 | Medical Arts Federal Credit Union | Raiz Federal Credit Union |
| Feb 21, 2007 | (unnamed) | Alliance Bank |
| Feb 17, 2007 | (unnamed) | The Riverbank |
| Feb 17, 2007 | Pinnacle Bank, National Association | Pinnacle Bank |
| Feb 17, 2007 | Legacy Bank, N.A. | United Security Bank |
| Feb 17, 2007 | The Exchange Bankshares, Inc. | Palmetto State Bankshares, Inc. |
| Feb 17, 2007 | Virginia Heartland Bank | (unnamed) |
| Feb 17, 2007 | Carolina Commercial Bank | Palmetto State Bank |
| Feb 17, 2007 | The Exchange Bank | Palmetto State Bank |
| Feb 16, 2007 | Potomac Bank of Virginia | Sandy Spring Bank |
| Feb 15, 2007 | Capital Crossing Bank | Aurora Bank FSB |
| Feb 13, 2007 | Avon Federal Credit Union | Quorum Federal Credit Union |
| Feb 13, 2007 | First Federal Bank | WaFd Bank |
| Feb 13, 2007 | Rcu-1500 Federal Credit Union | Teachers Federal Credit Union |
| Feb 13, 2007 | Triple a Federal Credit Union | Quorum Federal Credit Union |
| Feb 12, 2007 | (unnamed) | North Iowa Community Credit Union |
| Feb 12, 2007 | Valley State Bank | Fidelity Bank & Trust |
| Feb 10, 2007 | Baylor/delaware Corporation | Baylor Bancshares, Inc. |
| Feb 10, 2007 | Pioneer Bank and Trust | RCB Bank |
| Feb 10, 2007 | First Washington State Bank | Fulton Bank of New Jersey |
| Feb 9, 2007 | (unnamed) | The Bank of Herrin |
| Feb 9, 2007 | State & Parish Employees Federal Credit Union | New Orleans Firemens Federal Credit Union |
| Feb 7, 2007 | First Ainsworth Company | C.S.B. Co. |
| Feb 7, 2007 | The First National Bank of Ainsworth | First National Bank of Chadron |
| Feb 6, 2007 | United Financial Corp. | U.S. Bancorp |
| Feb 6, 2007 | HeritageBank | U.S. Bank N.A. |
| Feb 5, 2007 | Gulfport Bancshares, Inc. | Gulfport Bancshares of Delaware, Inc. |
| Feb 5, 2007 | Community Bank | Northstar Bank |
| Feb 2, 2007 | Pocahontas Bancorp, Inc. | Iberiabank Corporation |
| Feb 2, 2007 | St. Joseph Capital Corporation | Old National Bancorp |
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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