Banks Grow More Comfortable Crossing $10B as Branch Closures Slow

Community banks are increasingly willing to cross the $10 billion asset threshold through M&A or organic growth amid a more accommodating regulatory environment, according to S&P Global Market Intelligence. Several sub-$10 billion institutions have announced acquisitions that will push them well beyond the threshold, while others are pacing organic growth to manage the regulatory and cost effects tied to the Durbin Amendment and supervisory requirements.

Another S&P article noted that U.S. branch closures have slowed to a 14-year low, with net closures of 542 through Sept. 30, as banks balance digital investment with maintaining physical footprints.