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 |
|---|---|---|
| Aug 1, 2016 | Delaware Bancshares, Inc. | Norwood Financial Corp. |
| Aug 1, 2016 | First Fabens Bancorporation, Inc. | WestStar Bank Holding Company, Inc. |
| Aug 1, 2016 | Harvard Savings Bank | First Secure State Bank |
| Aug 1, 2016 | Sierra Point Credit Union | Financial Partners Credit Union |
| Jul 30, 2016 | Farmers State Bank Stanberry | HNB National Bank |
| Jul 30, 2016 | Xenith Bankshares, Inc. | Xenith Bankshares, Inc. |
| Jul 30, 2016 | Wilshire Bancorp, Inc. | Hope Bancorp, Inc. |
| Jul 30, 2016 | Xenith Bank | Xenith Bank |
| Jul 30, 2016 | Cornerstone Alliance, Ltd. | RCB Holding Company, Inc. |
| Jul 30, 2016 | Saint Edward Mercy Hospital Federal Credit Union | Multi-States Credit Union |
| Jul 30, 2016 | Wilshire Bank | Bank of Hope |
| Jul 30, 2016 | Equitable Co-operative Bank | Coastal Heritage Bank |
| Jul 30, 2016 | Cornerbank | RCB Bank |
| Jul 28, 2016 | Franklin County United Bancshares, Inc. | Sequatchie Valley Bancshares, Inc. |
| Jul 23, 2016 | Kilgore National Financial Corporation | VeraBank, Inc. |
| Jul 23, 2016 | Bankers Bancshares, Inc. | United Bankers' Bancorporation, Inc |
| Jul 23, 2016 | Great Lakes Bankers Bank | United Bankers' Bank |
| Jul 22, 2016 | C1 Bank | Bank OZK |
| Jul 22, 2016 | C1 Financial, Inc. | Bank of the Ozarks Inc |
| Jul 22, 2016 | Bailey, Inc. Employees Credit Union | Hercules First Federal Credit Union |
| Jul 21, 2016 | Community & Southern Bank | Bank OZK |
| Jul 21, 2016 | Community & Southern Holdings, Inc. | Bank of the Ozarks Inc |
| Jul 18, 2016 | Laporte Bancorp, Inc. | Horizon Bancorp, Inc. |
| Jul 18, 2016 | The La Porte Savings Bank | Horizon Bank |
| Jul 16, 2016 | First Bank & Trust Company | Citizens State Bank |
| Jul 16, 2016 | Lake National Bank | CNB Bank |
| Jul 16, 2016 | Dawson Bancshares, Inc. | Industry Bancshares, Inc. |
| Jul 16, 2016 | Bremen Bancorp, Inc. | Midwest Bankcentre, Inc. |
| Jul 16, 2016 | Bremen Bank and Trust Company | Midwest Bankcentre |
| Jul 14, 2016 | FSB Community Bankshares, MHC | FSB Bancorp, Inc. |
| Jul 14, 2016 | WCF Financial, M.H.C. | WCF Bancorp, Inc. |
| Jul 14, 2016 | Webster City Federal Bancorp | WCF Bancorp, Inc. |
| Jul 13, 2016 | Lexington B & L Financial Corp. | Nasb Financial, Inc. |
| Jul 13, 2016 | B&L Bank | North American Savings Bank, FSB |
| Jul 12, 2016 | Keystone Investment, Inc. | Sandhills Financial Services, LLC |
| Jul 9, 2016 | Hopkins Federal Savings Bank | Bay Bank, FSB |
| Jul 9, 2016 | Heritage Bank of Central Illinois | Morton Community Bank |
| Jul 9, 2016 | Coast Bancorp | Sierra Bancorp |
| Jul 9, 2016 | Frontenac Bank | Royal Banks of Missouri |
| Jul 9, 2016 | Coast National Bank | Bank of the Sierra |
| Jul 9, 2016 | Nebanco, Inc. | First Gothenburg Bancshares, Inc. |
| Jul 9, 2016 | Peoples Exchange Bank | American State Bank & Trust Company |
| Jul 9, 2016 | Farmers State Bank | Dayspring Bank |
| Jul 9, 2016 | Altura State Bank | Peoples State Bank of Plainview |
| Jul 2, 2016 | Norfolk Schools Federal Credit Union | Nma Federal Credit Union |
| Jul 1, 2016 | Delaware River Employees Federal Credit Cuion | Fort Billings Federal Credit Union |
| Jul 1, 2016 | Fox Chase Bank | Univest Bank and Trust Co. |
| Jul 1, 2016 | Jeff Davis Credit Union | Robins Financial Credit Union |
| Jul 1, 2016 | Eagle Credit Union | Unify Financial Federal Credit Union |
| Jul 1, 2016 | Farmers State Bank | Bank of the Valley |
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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