Much of the recent consolidation in the banking industry has been across state lines, and this trend will accelerate due to recent federal legislation. As interstate banking expands further, the performance and success of banks that are acquired will be the key factor determining how much...

Interstate banking expanded rapidly over the last decade as all but a few states adopted laws allowing entry by outside organizations. The resulting changes are now raising many questions regarding the performance of interstate acquisitions and their effects on the banking system and its...