Asset Size Distribution Of U.S. Banks Since Riegle-Neal

Abstract

Previous research considered the immediate impact of the Riegle-Neal Act on the asset size distribution within the U.S. banking industry. That research discovered a decrease in the number of banking institutions in the smallest asset size categories and growth in the number at large and intermediate asset size categories. This paper will extend that previous research to determine whether these changes in the asset size distribution among U.S. banks which occurred during the time and immediately after Riegle-Neal became fully effective have continued in the longer term. Therefore, it will examine the asset size distribution among U.S. banks from 1998 to the present.