Mergers by Year
Bank Mergers in 2016
263 banks were acquired or merged into another institution in 2016, and 221 credit unions merged, according to the Federal Reserve's National Information Center (NIC). NIC recorded 655 merger records in 2016 against 766 in 2015.
Largest bank mergers of 2016
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 20, 2016 | Little River Bank | — | First Community Bank |
| Dec 17, 2016 | Security First Bank | — | Suncrest Bank |
| Dec 17, 2016 | First State Bank of Okabena (Incorporated) | — | Currie State Bank |
| Dec 15, 2016 | American Patriot Bank | — | Apex Bank |
| Dec 4, 2016 | Bancroft State Bank | — | The Portage County Bank |
| Dec 3, 2016 | American Trust Bank of East Tennessee | — | Citizens Bank |
| Dec 3, 2016 | First Choice Bank | — | Berkshire Bank |
| Dec 3, 2016 | Livingston State Bank | — | Community First Bank |
| Dec 3, 2016 | CSB Bank | — | Lakestone Bank & Trust |
| Dec 1, 2016 | TruBank | — | Trubank |
| Dec 1, 2016 | Acadia Trust, N.A. | — | Camden National Bank |
| Dec 1, 2016 | Ocean City Home Bank | — | OceanFirst Bank, N.A. |
| Nov 19, 2016 | First Community Bank | — | St. Charles Bank & Trust Company, N.A. |
| Nov 19, 2016 | Delta Bank, National Association | — | Farmers & Merchants Bank of Central California |
| Nov 15, 2016 | Bank of Keystone | — | Sandhills State Bank |
Credit union mergers in 2016
221 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2016.
Every merger recorded in 2016
655 NIC merger records in 2016 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Apr 1, 2016 | Newton Teachers Credit Union | Metro Credit Union |
| Mar 31, 2016 | Generations Bancorp, Inc. | Wintrust Financial Corporation |
| Mar 31, 2016 | Foundations Bank | Town Bank, N.A. |
| Mar 31, 2016 | Stratford Municipal Employees Federal Credit Union | Sikorsky Financial Credit Union, Inc. |
| Mar 31, 2016 | Montauk Credit Union | Fourleaf Federal Credit Union |
| Mar 25, 2016 | Clarkston Brandon Community Credit Union | Michigan State University Federal Credit Union |
| Mar 23, 2016 | BlueRidge Bank | Revere Bank |
| Mar 19, 2016 | Concord Bancshares, Inc. | First Illinois Bancorp, Inc. |
| Mar 19, 2016 | Concord Bank | Lindell Bank & Trust Company |
| Mar 12, 2016 | Peoples State Bank of Madison Lake | Cornerstone State Bank |
| Mar 12, 2016 | Floridian Financial Group, Inc. | Seacoast Banking Corporation of Florida |
| Mar 12, 2016 | Floridian Bank | Seacoast National Bank |
| Mar 12, 2016 | The Jacksonville Bank | Ameris Bank |
| Mar 12, 2016 | Jacksonville Bancorp, Inc. | Ameris Bancorp |
| Mar 12, 2016 | The National Bank & Trust Company of Sycamore | First Midwest Bank |
| Mar 9, 2016 | Ni Bancshares Corporation | First Midwest Bancorp, Inc. |
| Mar 5, 2016 | First National Bank | Premier Bank, Inc. |
| Mar 2, 2016 | American Enterprise Bankshares, Inc. | Fidelity Southern Corporation |
| Mar 2, 2016 | American Enterprise Bank of Florida | Fidelity Bank |
| Mar 1, 2016 | Tri-County Federal Credit Union | Bison Federal Credit Union |
| Mar 1, 2016 | Hometown of Homestead Banking Company | Centerstate Bank Corporation |
| Mar 1, 2016 | F C Holdings, Inc. | Pioneer Bancshares, Inc. |
| Mar 1, 2016 | Bank of Michigan | Level One Bank |
| Mar 1, 2016 | County Commerce Bank | Citizens Business Bank, N.A. |
| Mar 1, 2016 | River Valley Bancorp | German American Bancorp, Inc. |
| Mar 1, 2016 | West Plains Investors, Inc. | Town and Country Financial Corporation |
| Mar 1, 2016 | Community Bank of South Florida, Inc. | Centerstate Bank Corporation |
| Mar 1, 2016 | Newbridge Bancorp | Yadkin Financial Corporation |
| Mar 1, 2016 | Community Bank of Florida, Inc. | SouthState Bank, N.A. |
| Mar 1, 2016 | Cresson Community Bank | Penncrest Bank |
| Mar 1, 2016 | 1st National Bank of South Florida | SouthState Bank, N.A. |
| Mar 1, 2016 | NewBridge Bank | Yadkin Bank |
| Mar 1, 2016 | Saint Josephs Broadmoor Federal Credit Union | Louisiana Catholic Federal Credit Union |
| Mar 1, 2016 | T.P.C. Employees Federal Credit Union | Federal Aviation Administration Federal Credit Union |
| Mar 1, 2016 | First Community Bank, N.A. | Pioneer Bank, SSB |
| Mar 1, 2016 | River Valley Financial Bank | German American Bank |
| Mar 1, 2016 | First Financial Credit Union | Multipli Federal Credit Union |
| Mar 1, 2016 | Premier Bank of Jacksonville | Town And Country Bank |
| Mar 1, 2016 | FM Financial Credit Union | Team One Credit Union |
| Feb 29, 2016 | Menard Credit Union | Siu Credit Union |
| Feb 29, 2016 | Cerrobrass Credit Union | Processors - Industrial Community Credit Union |
| Feb 27, 2016 | The First National Bank of Nash | (unnamed) |
| Feb 27, 2016 | Cornerstone Community Bank | SmartBank |
| Feb 20, 2016 | Trust Company of the Ozarks | Simmons Bank |
| Feb 20, 2016 | Security State Bank | Wellington State Bank |
| Feb 20, 2016 | Metropolitan National Bank | Bear State Bank |
| Feb 20, 2016 | Palmyra State Bank | First Citizens State Bank |
| Feb 20, 2016 | Farmers Exchange Bank | Hometown Bank |
| Feb 20, 2016 | TFC Holding Company | RBB Bancorp |
| Feb 20, 2016 | TomatoBank | Royal Business 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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