Our research examines the impact of dwindling community bank numbers on community investment and economic development …) originations. Key factors include the local presence of other community banks and the continuity of the consolidating bank …'s presence. Interestingly, the effect remains neutral in underserved or distressed counties and diminishes when a large bank …

We examine the effects of bank merger and local market characteristics on local small business lending. Mergers … number of small firms. Post-merger activity supports banks expanding on their acquisition strategy decisions. The findings … one-size-fits-all policy solutions for bank mergers may not produce common local outcomes …

banks in individual EU countries help to explain the nature of cross-border merger activity. If they wish to protect …

one large, universal bank remained. We explore the extent to which that merger resulted in monopoly rents for the combined …The merger of Fleet and BankBoston in September 1999 resulted in a regional New England lending market in which only … merger, Fleet and BankBoston charged unusually low loan interest rates, reflecting their ability to realize economies of …

merge and post-merger value creation and synergies? We compile comprehensive information on U.S. bank acquisitions from 1986 …

We study the recent episode of bank failures and provide simple facts to better understand who acquires failed banks … the allocation of failed banks to potential acquirers. First, a geographically proximate bank is significantly more likely … to acquire a failed bank: only 15% of acquirers do not have branches within the state. Sales are more local in regions …

We investigate how communication within banks affects small business lending. Using travel time between a bank … evaluate the impact of within bank communication costs on small business loans. Consistent with Stein's (2002) model of the … transmission of soft information across a bank's hierarchies, we find that reducing headquarters-branch travel time boosts small …

effects from cross-border bank takeovers with those of cross-border lending by banks located overseas, which in most cases …