Data Type and Variables | Data Sources | Data Period |
Small Business Lending $ SBL loans amount that each bank made in each county in each year
| For CRA Reporters: $ SBL are from the Community Reinvestment Act Disclosure Reports that are submitted annually For CRA Non-Reporters: $ SBL are calculated based on each bank’s total SBL from the Call Report Data and the fraction of activities allocated to each county from the FDIC Summary of Deposits Data
| Data period includes one year prior to the M&A date and one year after the M&A completion date—thus, data period is from 2001-2015 |
Mergers & Acquisitions: Target vs. Acquirer Date of acquisition Name of target/acquirer Location of target/acquirer Ticker/ID of target/acquirer | SNL Financial M&A Database | For all mergers that took place during 2002-2014. |
Bank Structure This dataset allows us to identify all the bank subsidiaries under each of the BHCs in each year and its location. Thus, it allows us to identify (for each merger) whether a county is a target-only, acquirer-only, or both. | Federal Reserve Structure Data | Matching the data with each merger transaction as of merger announcement date (2002-2014) |
Economic Factors: Unemployment Per-capita income Personal bankruptcy rate Business bankruptcy rate County population density etc. | Haver Analytics Database | Local economic data in each county as of merger announcement date (2002-2014) |