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.
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 |
|---|---|---|
| Jan 1, 1977 | City National Bank of South Dade | City National Bank of Miami |
| Jan 1, 1977 | Chelsea National Bank | (unnamed) |
| Jan 1, 1977 | Percy Galbreath & Son Inc | Union Planters Bank, National Association |
| Jan 1, 1977 | United Virginia Properties Inc | Crestar Financial Corporation |
| Jan 1, 1977 | Barnett Bank at Westchester, National Association | Barnett Bank of South Florida, National Association |
| Jan 1, 1977 | Barnett Bank of Cypress Gardens, National Association | Barnett Bank of East Polk County, N.A. |
| Jan 1, 1977 | The City National Bank of Coral Gables | City National Bank of Miami |
| Jan 1, 1977 | Chester Savings Bank | Chester Bank |
| Jan 1, 1977 | Barnett Bank at Midway, National Association | Barnett Bank of South Florida, National Association |
| Jan 1, 1977 | Sun Bank of Seminole | SunTrust Bank, Central Florida, National Association |
| Jan 1, 1977 | Barnett Bank of Miami | Barnett Bank of South Florida, National Association |
| Jan 1, 1977 | City National Bank of Miami Beach | City National Bank of Miami |
| Jan 1, 1977 | First National Bank of Princeton-Naranja | 1st National Bank of South Florida |
| Jan 1, 1977 | Yonkers Savings Bank | The Manhattan Savings Bank |
| Jan 1, 1977 | Barnett Mall Bank, National Association | Barnett Bank of Central Florida, National Association |
| Jan 1, 1977 | Barnett Bank of South Orlando | Barnett Bank of Central Florida, National Association |
| Jan 1, 1977 | Barnett Bank of East Ocala, National Association | Barnett Bank of Marion County, National Association |
| Jan 1, 1977 | Barnett Bank of Orlando | Barnett Bank of Central Florida, National Association |
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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