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 |
|---|---|---|
| Jul 1, 1977 | Landmark Bank of North Fort Lauderdale, National Association | (unnamed) |
| Jul 1, 1977 | Landmark Bank of Sunrise, National Association | (unnamed) |
| Jul 1, 1977 | Landmark Bank of Pompano Beach, N. A. | (unnamed) |
| Jun 18, 1977 | Bankers National Bank | Valley National Bank |
| Jun 11, 1977 | The Northampton National Bank of Easton | The First National Bank of Allentown |
| Jun 1, 1977 | Sun First National Bank of Melbourne | Sun First National Bank of Brevard County |
| Jun 1, 1977 | State Bank of Manville | Somerset Trust Company |
| May 28, 1977 | The First National Bank of Mexico | Key Bank of Northern New York National Association |
| May 24, 1977 | New Franken Bank | Bank One, Green Bay |
| May 13, 1977 | Peoples National Bank of Plymouth | Trustcorp Company, National Association |
| May 2, 1977 | First National Bank of Broward County | The First Bankers, N.A. |
| May 2, 1977 | First National Bank of Margate | The First Bankers, N.A. |
| May 2, 1977 | First National Bank on the Beach | The First Bankers, N.A. |
| Apr 16, 1977 | Iowa State Bank | State Central Bank |
| Apr 2, 1977 | Ainsworth State Bank | Mercantile Bank of Washington |
| Apr 1, 1977 | Peninsula National Bank | (unnamed) |
| Apr 1, 1977 | Southport American National Bank of Fort Lauderdale | Gulfstream American Bank and Trust, N.A. |
| Apr 1, 1977 | Flagship Bank South, St. Petersburg | Flagship Bank of Pinellas, N.A. |
| Apr 1, 1977 | Flagship Bank North of St. Petersburg, N. A. | Flagship Bank of Pinellas, N.A. |
| Apr 1, 1977 | Chemical Bank Hudson Valley, National Association | JPMorgan Chase Bank, N.A. |
| Apr 1, 1977 | Town and Country Bank | Wachovia Bank, National Association |
| Apr 1, 1977 | The Hancock Bank | Allfirst Bank |
| Apr 1, 1977 | Lafayette Bank & Trust Co. | Southern National Bank of North Carolina |
| Apr 1, 1977 | Eastport Savings Bank | Bangor Savings Bank |
| Apr 1, 1977 | Sunrise American National Bank of Fort Lauderdale | Gulfstream American Bank and Trust, N.A. |
| Mar 26, 1977 | Second National Bank of Richmond | Dominion Bank of Richmond, National Association |
| Mar 25, 1977 | Bank of Yakima | U.S. Bank of Washington, National Association |
| Mar 17, 1977 | First Piedmont Bank and Trust Company | First Citizens Bank and Trust Company, Inc. |
| Mar 8, 1977 | The Farmers and Traders Bank | M&I Bank Northeast |
| Mar 5, 1977 | Potomac Bank and Trust Company | Dominion Bank of Northern Virginia, National Association |
| Mar 5, 1977 | Hardwick Trust Company | Merchants Bank |
| Mar 4, 1977 | National Bank of Northampton | United Virginia Bank/Seaboard National |
| Mar 3, 1977 | Bank of Union Point | Banksouth |
| Mar 1, 1977 | The Farmers Bank of Elida | The Commercial Bank |
| Mar 1, 1977 | Farmers and Merchants Bank | (unnamed) |
| Feb 1, 1977 | Sun Second National Bank of Delray Beach | Sun Bank/Palm Beach County, National Association |
| Feb 1, 1977 | First Security State Bank of Springville | Wells Fargo Trust Company, N.A. |
| Jan 22, 1977 | Atlantic State Bank | Commerce Bank/Shore, National Association |
| Jan 17, 1977 | Pioneer State Bank | State Bank of Towner |
| Jan 3, 1977 | Landmark Bank of Clearwater, National Association | Citizens and Southern National Bank of St. Petersburg |
| Jan 3, 1977 | Landmark Bank of Tarpon Springs, National Association | Citizens and Southern National Bank of St. Petersburg |
| Jan 3, 1977 | Landmark Bank of Seminole, National Association | Citizens and Southern National Bank of St. Petersburg |
| Jan 3, 1977 | Landmark Bank at Tyrone | Citizens and Southern National Bank of St. Petersburg |
| Jan 3, 1977 | Belair National Bank | The Citizens National Bank |
| Jan 1, 1977 | The Citizens National Bank of Minneapolis | United Bank of Minneapolis |
| Jan 1, 1977 | The First National Bank of Cape May Court House | Guarantee Bank |
| Jan 1, 1977 | Barnett Bank of West Orlando | Barnett Bank of Central Florida, National Association |
| Jan 1, 1977 | Barnett Bank of Bay Harbor Islands, National Association | Barnett Bank of South Florida, National Association |
| Jan 1, 1977 | City National Bank of North Miami | City National Bank of Miami |
| Jan 1, 1977 | The Bristol Savings Bank | The Bristol Bank |
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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