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Finance and Economics Discussion Series
The Finance and Economics Discussion Series logo links to FEDS home page Small Business Lending by Banks Involved in Mergers
Nicholas A. Walraven

Abstract: The paper uses data on the volume outstanding of small business loans from the midyear Call Reports to summarize the nature of small business lending at banks that were involved in mergers between June 1993 and June 1996. Then a model of gradual adjustment by the consolidated bank following the merger is estimated to determine whether the portfolio share of small business loans at the consolidated bank tends to move over time toward either the pre-merger share at the acquiring bank or the typical share at other banks of roughly the same size as the consolidated bank.

Keywords: Bank consolidation, small business loans

Full paper (205 KB PDF) | Full paper (399 KB Postscript)

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Last update: July 16, 1997