FRB: Table 1 for testimony, Meyer -- Mergers and acquisitions in banking and other financial services -- April 29, 1998

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

Year	Number of bank mergers	Bank assets acquired*
Table 1 Bank Mergers and Acquisitions, 1980-1997
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.

Return to top

1998 Testimony