FRB: Table 1 for testimony, Meyer -- Mergers and acquisitions in banking and other financial services -- April 29, 1998 The Federal Reserve Board eagle logo links to home page
Table 1 for testimony of Governor Laurence H. Meyer
Mergers and acquisitions in banking and other financial services
Before the Committee on Banking and Financial Services, U.S. House of Representatives
April 29, 1998

 

Table 1

 

 

Bank Mergers and Acquisitions, 1980-1997

 

 

Year

 

Number of bank mergers

 

Bank assets acquired*

 

1980

 

190

 

$10.18

1981

359

34.07

1982

420

40.87

1983

428

50.05

1984

441

69.82

1985

475

67.12

1986

573

94.41

1987

649

123.29

1988

468

87.71

1989

350

43.39

1990

366

43.74

1991

345

150.29

1992

401

165.42

1993

436

103.05

1994

446

111.76

1995

345

184.44

1996

312

286.07

1997**

207

140.51

Total

7,211

$1,806.19

 

* Asset values in billions of dollars. ** 1997 numbers are estimated.

Source: Stephen A. Rhoades, AMergers and Acquisitions by Commercial Banks, 1980-1994,@ Staff Study, Federal Reserve Board (January 1996). Updates supplied by the author.

 

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1998 Testimony