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 29, 1986 | First State Bank | Puget Sound Bank |
| Dec 28, 1986 | First National Bank of Macomb | The Union National Bank of Macomb |
| Dec 24, 1986 | Farmington Valley Savings and Loan Association | The Connecticut Bank and Trust Company, N.A. |
| Dec 23, 1986 | Ameritrust Indiana Corporation | Ameritrust Indiana Corporation |
| Dec 23, 1986 | The Bank of Leland | Union Planters Bank of Mississippi |
| Dec 23, 1986 | St Louis Federal Savings and Loan Association | Granite Bank, Federal Savings Bank |
| Dec 23, 1986 | Southern National Bank of Broward County | Florida National Bank |
| Dec 23, 1986 | Barnett Bank of Southwest Florida, National Association | Barnett Bank of Southwest Florida |
| Dec 23, 1986 | NBG Financial Corporation | Merchants National Corporation |
| Dec 22, 1986 | The Citizens National Bank of Big Run | Keystone National Bank |
| Dec 22, 1986 | Southern Bank Holding Company | Coastal Bankshares, Inc. |
| Dec 22, 1986 | Missouri Pacific Credit Union | St. Louis Community Credit Union |
| Dec 22, 1986 | The Miners National Bank of Shenandoah | Heritage National Bank |
| Dec 22, 1986 | Sun Bank/Flagler County, National Association | SunTrust Bank, East Central Florida |
| Dec 22, 1986 | Southern Bank and Trust Company | The Coastal Bank |
| Dec 22, 1986 | Waukesha Motor Employees Credit Union | Appletree Credit Union |
| Dec 20, 1986 | Peoples State Bank | First National Bank of Warsaw |
| Dec 20, 1986 | Macon Capital Corporation | Alabama National Bancorporation |
| Dec 20, 1986 | Seaway National Bank | Fleet Bank |
| Dec 20, 1986 | Timber Community Bank | First Interstate Bank of Oregon, National Association |
| Dec 20, 1986 | Federated Bank of Chebanse | Federated Bank |
| Dec 18, 1986 | Post Times Empl Fcu | Gold Coast Federal Credit Union |
| Dec 17, 1986 | Angola State Bancorp | Norwest Indiana, Inc. |
| Dec 17, 1986 | Vitro Federal Credit Union | Signal Financial Federal Credit Union |
| Dec 16, 1986 | Bank of Meigs | Cairo Banking Company |
| Dec 15, 1986 | Mount Hood Security Bank | Rainier Bank Oregon, National Association |
| Dec 15, 1986 | Forsyth Bancshares, Inc. | Wachovia Corporation of Georgia |
| Dec 15, 1986 | Mercantile Bank of Marble Hill | Mercantile Bank Stoddard/Bollinger Counties |
| Dec 15, 1986 | The Island Bank | First Union National Bank of Florida |
| Dec 15, 1986 | The Hartley National Bank of Bedford | Mid-State Bank and Trust Company |
| Dec 15, 1986 | Iron Savings & Loan Association | D&N Bank |
| Dec 15, 1986 | Reynolds County Savings Bank | Town & Country Bank |
| Dec 15, 1986 | The Citizens Bank | The Wayne County National Bank of Wooster |
| Dec 15, 1986 | Forsyth County Bank | Wachovia Bank of Georgia, National Association |
| Dec 15, 1986 | South Metro Area Credit Union | Columbine Federal Credit Union |
| Dec 13, 1986 | First Citizens Bank of Alabama | Regions Bank |
| Dec 13, 1986 | First Laporte Financial Corp. | First of America Bank Corporation - Indiana |
| Dec 13, 1986 | Kemco Credit Union | T L C Community Credit Union |
| Dec 13, 1986 | Prince Georges Municipal Employees Federal Credit Union | Fedchoice Federal Credit Union |
| Dec 13, 1986 | The Colonial Bank of East-Central Alabama | The Colonial Bank of East-Central Alabama |
| Dec 12, 1986 | Hudson State Bank | Mercantile Bank of Eastern Iowa |
| Dec 12, 1986 | Northland Credit Union | Summit Credit Union |
| Dec 11, 1986 | Gateway National Bank | Gateway Bank |
| Dec 10, 1986 | Sanborns Federal Credit Union | Truchoice Federal Credit Union |
| Dec 10, 1986 | Arkansas State Bankcorporation, Inc. | Arkansas State Bankshares, Inc. |
| Dec 9, 1986 | Northwest Suburban Bancorp, Inc. | FNW Bancorp, Inc. |
| Dec 8, 1986 | First Federal Savings Bank | People's United Bank, National Association |
| Dec 8, 1986 | Tappan Springfield Empl Cu | The Credit Union for Robertson County |
| Dec 8, 1986 | CPD Greenville Federal Credit Union | Spero Financial Federal Credit Union |
| Dec 8, 1986 | The First National Bank of Gurdon | (unnamed) |
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