This paper analyzes loan pricing when there is multiple banking and borrower distress. Using a unique data set on SME … estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

This paper uses the relatively new CRA small business loan data to examine how bank consolidation has been related to … small business lending within a bank's local community - particularly to borrowers having more modest economic prospects … increases the local market share of the surviving bank or its parent holding company. Thus, our results indicate that, at least …

Using a sample of 3,964 bank mergers during the 1999-2016 period, we examine the differential effects of merger and … business loan (SBL) originations in counties where the target bank has a presence; the results are stronger in counties with a … those involving out-of-state acquirers have no impact on SBL originations. Analyses of acquirer bank SBL origination …

asymmetries within the bank combined with fixed wages. Two kinds of inefficiencies arise in equilibrium: the credit officer either … bank accepts the information asymmetries, is called the centralized structure. Under decentralized structure the bank … finance more small firms, but incur higher costs than centralized ones. Small banks are interpreted as a bank with relatively …