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Congratulations!Your weather is set to . You can change the location at any time. Cleveland.com Customize Your WeatherSet Your Location (Enter City and State or Zip Code) Congratulations!Your weather is set to . You can change the location at any time.AccuWeather. Last week's sale of a small Akron-area bank has experts sizing up which banks -- including some names you don't recognize -- may expand or move in to Northeast Ohio for the first time. Banking analyst Jeff Davis of Mercer Capital in Nashville believes the new trend will be two small banks locking arms, as occurred when Westfield Bank of Medina County bought Valley Savings of Cuyahoga Falls last week. The two together, at about $1 billion in assets combined, will be a little smaller than First Federal of Lakewood. "The small banks are more burdened by the more difficult regulatory environment," said banking analyst Fred Cummings of Elizabeth Park Capital Management in Pepper Pike. "Their profitability will be constrained. Two small banks can combine and benefit by reducing their costs and complementing the services they can offer together, Davis said. He predicts we'll see more small banks getting purchased by other small banks, rather than by larger banks. Cummings said that the costs of new regulations imposed since the financial meltdown will make it challenging for many banks under $2 billion in assets to survive. Of the roughly 40 banks operating in Greater Cleveland, fewer than a dozen exceed $2 billion in assets. Banking analyst Terry McEvoy of Oppenheimer & Co. in Maine said there is "a pent-up demand" for bank-buying because there were almost no purchases for three or four years during the banking crisis. While the crisis is over now, the recovery has been slow. People just aren't borrowing and spending like they used to. So since banks are struggling to increase loan volume and profits on their own, the way to do it quickly is to buy another bank, McEvoy said. McEvoy expects to see both small banks combining, and larger banks buying smaller banks. "It seems the stars are lined up for this period of bank consolidation," he said. Community Bank System of DeWitt, N.Y. Has 180 branches across upstate and central New York and northeastern Pennsylvania. $7 billion in assets. 2,000 employees. Financial strength rated as four stars out of five. S&T Bancorp of Indiana, Pa. Has 50 branches in Pennsylvania and loan production offices in Northeast Ohio and Columbus. $4.6 billion in assets. Founded in 1902. About 1,000 employees. Financial strength rated as five stars out of five. Last year purchased Park View Savings of Solon. About 250 branches. $12 billion in assets. 3,000 employees. Last year bought Ohio Commerce Bank of Beachwood. 50 branches in Ohio, West Virginia and Kentucky. About $2.1 billion in assets. Financial strength rated as five stars out of five. Park National Corp. 125 branches in Ohio and Kentucky. $6.5 billion in assets. Financial strength rated as four stars out of five. Last year bought Citizens Republic Bancorp of Flint, Mich., making FirstMerit the 26th-largest bank in the nation with 415 offices in five states and $24 billion in assets. Financial strength rated as five stars out of five. One of the nation's most aggressive banks, which last year bought two small failed banks and has been trying to add customers with policies to reduce and forgive fees. 700 branches in Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky and $60 billion in assets. 11,000 employees. One of the nation's 25 largest banks. Financial strength rated as five stars out of five. Sign up to get our business newsletter twice a day, Mon.-Fri. Check here if you do not want to receive additional email offers and information. We look forward to sharing with you some of the great content found on cleveland.com. To view and subscribe to any of our other newsletters, please click here. Best of cleveland. 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