Mergers by Year
Bank Mergers in 1977
157 banks were acquired or merged into another institution in 1977, according to the Federal Reserve's National Information Center (NIC). NIC recorded 168 merger records in 1977 against 131 in 1976.
157
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
2
Holding companies
Bank holding companies merged
Largest bank mergers of 1977
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1977 | Mountain Trust Bank | — | First & Merchants National Bank |
| Dec 31, 1977 | First Bank of West Boca Raton | — | NationsBank of Florida, National Association |
| Dec 31, 1977 | University National Bank of Boca Raton | — | NationsBank of Florida, National Association |
| Dec 31, 1977 | Pan American Bank of Miami Beach | — | Pan American Bank, National Association |
| Dec 31, 1977 | Pineland State Bank | — | Midlantic National Bank/South |
| Dec 31, 1977 | Southern National Bank of Hattiesburg | — | Deposit Guaranty National Bank |
| Dec 31, 1977 | Pan American Bank of Dade County | — | Pan American Bank, National Association |
| Dec 31, 1977 | The First National Bank of Dunellen | — | Provident Bank |
| Dec 31, 1977 | Pan American Bank of Miami | — | Pan American Bank, National Association |
| Dec 31, 1977 | The First National Bank of Canton | — | The Mississippi Bank |
| Dec 30, 1977 | Florida First National Bank at Opa-Locka | — | Florida National Bank of Miami |
| Dec 30, 1977 | Capital Bank of Miami, N. A. | — | Union Planters Bank of Florida |
| Dec 30, 1977 | Florida National Bank at Coral Gables | — | Florida National Bank of Miami |
| Dec 30, 1977 | Capital Bank of Kendale | — | Union Planters Bank of Florida |
| Dec 20, 1977 | The First National Bank of Grace | — | First Bank and Trust of Idaho |
Every merger recorded in 1977
168 NIC merger records in 1977 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Oct 3, 1977 | The Citizens National Bank of Havre de Grace | Mercantile County Bank |
| Oct 3, 1977 | Potomac National Bank | Mercantile Potomac Bank |
| Oct 3, 1977 | The Guarantee Trust and Safe Deposit Company of Shamokin, Pa. | Northern Central Bank |
| Oct 1, 1977 | Barnett Bank of North Pensacola | Barnett Bank of West Florida |
| Oct 1, 1977 | Lauderdale Lakes National Bank | Century National Bank of Broward |
| Oct 1, 1977 | North New York Savings Bank | Anchor Savings Bank, FSB |
| Oct 1, 1977 | Sullivan County National Bank | Citizens & Northern Bank |
| Oct 1, 1977 | First Forest Hill Bank of Palm Beach County | Citizens Bank of Palm Beach County |
| Oct 1, 1977 | Broward National Bank of Plantation | Century National Bank of Broward |
| Oct 1, 1977 | Planters Bank and Trust Company | Planters Bank & Trust Company of Virginia |
| Oct 1, 1977 | Barnett Bank of Tallahassee North | Barnett Bank of Tallahassee |
| Oct 1, 1977 | The First National Bank of Hamilton Square | Fidelity Union Bank, National Association |
| Oct 1, 1977 | Century National Bank of Fort Lauderdale | Century National Bank of Broward |
| Sep 30, 1977 | Midlantic Commercial Company | Midlantic Banks Inc. |
| Sep 24, 1977 | Chevy Chase Bank and Trust Company | Citizens Bank of Maryland |
| Sep 12, 1977 | Unicapital Corporation | First Bankers Corporation of Florida |
| Sep 10, 1977 | Valley National Bank of Auburn | Puget Sound Bank |
| Sep 1, 1977 | Kentwood National Bank | Comerica Bank-Grand Rapids, National Association |
| Sep 1, 1977 | First Security Bank of Bountiful, National Association | Wells Fargo Trust Company, N.A. |
| Aug 30, 1977 | Bank of North Lake | Valley Bank of Hartford |
| Aug 22, 1977 | Merchants and Farmers Bank | Dominion Bank of Greater Hampton Roads, National Association |
| Aug 16, 1977 | Southeast Bank of Naples, N. A. | Southeast National Bank of Naples |
| Aug 15, 1977 | Shore National Bank | Fidelity Union Bank, National Association, Garden State |
| Aug 14, 1977 | The Dime Bank | The Central Trust Company of Northeastern Ohio, N. A. |
| Aug 1, 1977 | Peoples Savings Bank of New York | Peoples Westchester Savings Bank |
| Aug 1, 1977 | United Jersey Bank/Ridgewood | United Jersey Bank/North |
| Aug 1, 1977 | Columbus National Bank | First National Bank of Crosby |
| Aug 1, 1977 | The Bank of Sebastopol | Bank of Central Mississippi |
| Jul 29, 1977 | Mission Bank | Southwest Bank |
| Jul 24, 1977 | Midland National Bank | First Bank (National Association) |
| Jul 9, 1977 | Southeast Bank of West Bradenton, National Association | Southeast National Bank of Bradenton |
| Jul 5, 1977 | Independent National Bank | First Peoples Bank of New Jersey |
| Jul 2, 1977 | Bank of Cookeville | One Bank of Tennessee |
| Jul 2, 1977 | Union Security & Investment Company | First Florida Banks, Incorporated |
| Jul 1, 1977 | Landmark Bank of West Broward, National Association | (unnamed) |
| Jul 1, 1977 | First National Building Corp. | First Nebraska Bank of Wayne |
| Jul 1, 1977 | Bank of Auburn | Bank of Commerce |
| Jul 1, 1977 | Landmark Bank at the Ocean, National Association | (unnamed) |
| Jul 1, 1977 | Bank of Virginia, N.A. | Bank of Virginia-Southwest |
| Jul 1, 1977 | Second National Bank of Lakeland | First National Bank of Lakeland |
| Jul 1, 1977 | Monroe County Bank | Bank of Madisonville |
| Jul 1, 1977 | First Financial National Bank of Tampa | (unnamed) |
| Jul 1, 1977 | First State Bank of Sarasota County | First National Bank of Venice |
| Jul 1, 1977 | Sun Bank of Pine Hills, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | Landmark Bank of Plantation, National Association | (unnamed) |
| Jul 1, 1977 | Sun Bank of East Orlando, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | The Reedsville National Bank | (unnamed) |
| Jul 1, 1977 | Sun Bank of Central Park, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | Sun Bank of College Park, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | Sun Bank of South Orlando, National Association | Sun First National Bank of Orlando |
Bank mergers by year
Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.
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