The following is an excerpt from the August 12 issue of The Wichita Eagle. Rick LeCompte, finance professor at Wichita State University, contributed to the article.
Merger, acquisition applications rise
Aug 12, 2010 4:34 PM | Print
The number of Kansas bank mergers and branch acquisition applications this year has exceeded the total number in 2009.
According to mergers and acquisitions application data from the Kansas Office of the State Bank Commissioner, there were seven applications for bank mergers or branch acquisitions as of July.
That compares with six in all of 2009, according to the same data.
The reasons for the increase can be many, Rick LeCompte, finance professor at Wichita State University, said.
Some can be driven by regulators gently pushing banks with weak capital to merge with another bank that has stronger capital. In other instances, mergers can occur because a bank's owners no longer want to deal with a new round of regulation that typically comes after a banking crisis begins.
"The regulatory burden on these small banks is onerous," LeCompte said.
WSU to expand shuttle system
WSU professor dedicates time to antiviral research
WSU human trafficking center bridges gap to community
Google Glass safety drives WSU professor's research
WSU research helping senior citizens with technology
KMUW general manager set to retire
Wichita State plans fall commencement ceremony
Canta Carol Run at WSU set for Dec. 14
University Bookstore to hold Minute to Win It Shopping Spree
Wichita State research could benefit elderly drivers
WSU School of Social Work explores social media
WSU's Opliger named Outstanding Student of the Year
Gonzalez named new EEO director at WSU
Spinal cord repair is the focus of WSU researcher
Former WSU VP wins prestigious award
KMUW news director adds depth to Wichita news scene
Srithongrung accepts position at WSU
Wichita is a finalist for US2020 City Competition
Two faculty named Coleman Entrepreneurship Fellows
WSU's model spreads hunger awareness abroad
New center caters to military and veterans
WSU students get free Fine Arts tickets