Emmons, William R.; Gilbert, R. Alton; Yeager, Timothy J. - Federal Reserve Bank of St. Louis - 2002
Mergers of community banks across economic market areas potentially reduce both idiosyncratic and local market risk … community banks involved in the merger. Geographic dispersion of banking activities across economic market areas may reduce … to customers in different market areas. This paper simulates the mergers of community banks both within and across …