Mergers by Year
Bank Mergers in 1986
The Federal Reserve's National Information Center (NIC) recorded 983 merger records involving a bank, credit union or bank holding company in 1986. 404 had a bank as the acquired institution. Many acquired parties in this period are not classified as banks, credit unions or holding companies, so the bank count understates the year; the full list is below. NIC recorded 1,032 in 1985.
Largest bank mergers of 1986
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1986 | Farmers Bank & Trust Company | — | Security Bank and Trust Company |
| Dec 31, 1986 | Citizens B&TC | — | Louisiana National Bank |
| Dec 31, 1986 | Capital Bank and Trust | — | Southern National Bank of South Carolina |
| Dec 31, 1986 | The Colonial Bank of Alabama | — | Colonial Bank |
| Dec 31, 1986 | First Palmetto State Bank and Trust Company | — | Southern National Bank of South Carolina |
| Dec 31, 1986 | The Northern Trust Company of Arizona | — | Northern Trust Bank, National Association |
| Dec 31, 1986 | First National Bank in Palm Beach | — | Southeast Bank, N.A. |
| Dec 31, 1986 | The Nashville State Bank | — | Trustcorp Bank Columbus, National Association |
| Dec 31, 1986 | The Colonial Bank of North Alabama | — | Colonial Bank |
| Dec 31, 1986 | The Bridgeville Trust Company | — | PNC Bank, N.A. |
| Dec 31, 1986 | Gresham State Bank | — | York State Bank |
| Dec 31, 1986 | Valley Bank of Coal Valley | — | Blackhawk Bank & Trust |
| Dec 31, 1986 | Atlantic National Bank of Miami | — | First Union National Bank of Florida |
| Dec 31, 1986 | First Midwest Bank/Braidwood | — | First Midwest Bank/Joliet, National Association |
| Dec 31, 1986 | Centerre Bank of St. Peters National Association | — | Centerre Bank N.A. |
Every merger recorded in 1986
983 NIC merger records in 1986 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 31, 1986 | Gresham State Bank | York State Bank |
| Dec 31, 1986 | Newcentury Bank Corporation | First of America Bank Corporation |
| Dec 31, 1986 | Omnibank Corp. | Omnibank Corp. |
| Dec 31, 1986 | Long S Cattle Company | Davidson Cattle Company |
| Dec 31, 1986 | Philadelphia National Capital Corporation | Corestates Financial Corp |
| Dec 31, 1986 | Area Bancshares Corporation | Area Bancshares Corporation |
| Dec 31, 1986 | Blackhawk LTD | Peoples State Bank |
| Dec 31, 1986 | Baxley State Banking Company | Suntrust Banks of Georgia, Inc. |
| Dec 31, 1986 | American Holding Corporation | Great American Corporation |
| Dec 31, 1986 | Ambank Financial Services | Great American Corporation |
| Dec 31, 1986 | American Investment and Management Company | Great American Corporation |
| Dec 31, 1986 | First Palmetto Bancshares Corp. | Truist Financial Corporation |
| Dec 31, 1986 | NS&T Bankshares, Incorporated | Crestar Financial Corporation |
| Dec 31, 1986 | Union Trust Bancorp | Signet Banking Corporation |
| Dec 31, 1986 | Golden City Investment Company | Marshfield Investment Company |
| Dec 31, 1986 | The Lockhart Company | Zions Bancorporation, N.A. |
| Dec 31, 1986 | Baxley State Bank | SunTrust Bank, Southeast Georgia, National Association |
| Dec 31, 1986 | Snow Employees Federal Credit Union | Greater Omaha Federal Credit Union |
| Dec 31, 1986 | Education Employees Federal Credit Union | Tonawanda Valley Federal Credit Union |
| Dec 31, 1986 | First Bank of Lakeland | Southeast Bank, N.A. |
| Dec 31, 1986 | Cherryland Federal Credit Union | 4Front Credit Union |
| Dec 31, 1986 | Kanawha Banking & Trust Company National Association | United Bank |
| Dec 31, 1986 | Bank of Midville | Queensborough National Bank & Trust Company |
| Dec 31, 1986 | The Citizens National Bank | National City Bank, Northwest |
| Dec 31, 1986 | American Employees Federal Credit Union | Baxter Credit Union |
| Dec 31, 1986 | Centerre Bank of St. Peters National Association | Centerre Bank N.A. |
| Dec 31, 1986 | Citizens B&TC | Louisiana National Bank |
| Dec 31, 1986 | International Harvester Farmall Employees Credit Union | I. H. Mississippi Valley Credit Union |
| Dec 31, 1986 | Farmers Bank & Trust Company | Security Bank and Trust Company |
| Dec 31, 1986 | The Colonial Bank of Alabama | Colonial Bank |
| Dec 31, 1986 | First Palmetto State Bank and Trust Company | Southern National Bank of South Carolina |
| Dec 31, 1986 | The Northern Trust Company of Arizona | Northern Trust Bank, National Association |
| Dec 31, 1986 | First Midwest Bank/Braidwood | First Midwest Bank/Joliet, National Association |
| Dec 31, 1986 | Denver Sixty-Six Credit Union | Canvas Credit Union |
| Dec 31, 1986 | Capital Bank and Trust | Southern National Bank of South Carolina |
| Dec 31, 1986 | Valley Bank of Coal Valley | Blackhawk Bank & Trust |
| Dec 31, 1986 | First National Bank in Palm Beach | Southeast Bank, N.A. |
| Dec 31, 1986 | The Colonial Bank of North Alabama | Colonial Bank |
| Dec 31, 1986 | The Bridgeville Trust Company | PNC Bank, N.A. |
| Dec 31, 1986 | Atlantic National Bank of Miami | First Union National Bank of Florida |
| Dec 31, 1986 | The Nashville State Bank | Trustcorp Bank Columbus, National Association |
| Dec 30, 1986 | (unnamed) | Century North Shore Bank and Trust Company |
| Dec 30, 1986 | Tarheel Bank & Trust Co. | Southern Bank and Trust Company |
| Dec 30, 1986 | The Peoples Corporation Inc of Bishopville | First Citizens Bancorporation, Inc. |
| Dec 30, 1986 | Westport Bank | Merchants Bank |
| Dec 30, 1986 | The Peoples Bank | First Citizens Bank and Trust Company, Inc. |
| Dec 30, 1986 | (unnamed) | Merchants Bank |
| Dec 29, 1986 | Third National Bank in Memphis | SunTrust Bank, Nashville, National Association |
| Dec 29, 1986 | Security Holding Company | Second Security Bankshares, Inc. |
| Dec 29, 1986 | Lincoln Federal Savings and Loan Association | Granite Bank, Federal Savings 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.
Explore: all mergers · 1986 bank events · browse by acquirer · bank failures · all events