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Calendar Year

1977 in US Banking

174 bank events are on record for 1977: 5 failures, 168 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

5
Failures
$42.4M in failed assets
168
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
1
Assistance
FDIC open-bank assistance

Jump to: Bank failures 1977 · Bank mergers 1977

How many banks failed in 1977?

5 banks failed in 1977, with $42.4M in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Aug 26, 1977 Donahue Savings Bank Donahue, IA $5.5M —
Jul 29, 1977 Republic National Bank of Louisiana New Orleans, LA $6.3M —
May 20, 1977 First Augusta Bank & Trust Company Augusta, GA $24.2M —
Mar 28, 1977 The Monroe Bank and Trust Company Monroe, CT $4.3M —
Mar 10, 1977 First State Bank Foss, OK $2.0M —

Which banks merged in 1977?

168 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1977.

See the fuller list: Bank mergers 1977 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Dec 31, 1977 Mountain Trust Bank VA First & Merchants National Bank
Dec 31, 1977 (unnamed) — Pan American Bank, National Association
Dec 31, 1977 Nebaco, Inc. NV Security Pacific Bank Nevada, National Association
Dec 31, 1977 Memphis Bank Building Corporation TN First American Bank
Dec 31, 1977 National Investment Company NC Wachovia Bank, N.A.
Dec 31, 1977 The First National Bank of Dunellen NJ Provident Bank
Dec 31, 1977 The First National Bank of Canton MS The Mississippi Bank
Dec 31, 1977 (unnamed) — First National Bank of San Diego County
Dec 31, 1977 Pan American Bank of Miami FL Pan American Bank, National Association
Dec 31, 1977 Pan American Bank of Dade County FL Pan American Bank, National Association
Dec 31, 1977 Pineland State Bank NJ Midlantic National Bank/South
Dec 31, 1977 Southern National Bank of Hattiesburg MS Deposit Guaranty National Bank
Dec 31, 1977 University National Bank of Boca Raton FL NationsBank of Florida, National Association
Dec 31, 1977 Pan American Bank of Miami Beach FL Pan American Bank, National Association
Dec 31, 1977 First Bank of West Boca Raton FL NationsBank of Florida, National Association
Dec 30, 1977 Florida First National Bank at Opa-Locka FL Florida National Bank of Miami
Dec 30, 1977 Florida National Bank at Coral Gables FL Florida National Bank of Miami
Dec 30, 1977 Capital Bank of Miami, N. A. FL Union Planters Bank of Florida
Dec 30, 1977 Capital Bank of Kendale FL Union Planters Bank of Florida
Dec 20, 1977 The First National Bank of Grace ID First Bank and Trust of Idaho
Dec 16, 1977 Intercontinental Bank of Miami FL Intercontinental Bank, National Association
Dec 14, 1977 Sun Bank of Daytona Beach Shores FL SunTrust Bank, East Central Florida
Dec 14, 1977 Sun Bank of Holly Hill FL SunTrust Bank, East Central Florida
Dec 1, 1977 Florida Coast Bank of Oceanside FL Florida Coast Bank
Dec 1, 1977 Flagship National Bank of Westland FL Flagship National Bank of Miami
Dec 1, 1977 Sun Coast Bank of St. Petersburg FL Sun Bank/Suncoast, National Association
Dec 1, 1977 Sun Bank of Fort Pierce FL Sun Bank of St. Lucie County
Dec 1, 1977 Florida Coast Bank of Lighthouse Point FL Florida Coast Bank
Dec 1, 1977 Third National Bank of Circleville OH The Third National Bank of Circleville
Dec 1, 1977 Florida Coast Bank of Margate FL Florida Coast Bank of Coral Springs, National Association
Dec 1, 1977 Virginia National Bank/Fairfax VA NationsBank, National Association
Nov 26, 1977 The Dover Plains National Bank NY Premier National Bank
Nov 25, 1977 Sun Bank of Coral Gables FL Sun Bank of Miami
Nov 25, 1977 Sun Bank of West Dade FL Sun Bank of Miami
Nov 25, 1977 Sun Bank of Midtown FL Sun Bank of Miami
Nov 25, 1977 Sun Bank of Riverside FL Sun Bank of Miami
Nov 25, 1977 Sun Bank of Bal Harbour, National Association FL Sun Bank of Miami
Nov 14, 1977 The National Stock Yards National Bank of National City IL First Illinois Bank
Nov 7, 1977 Florida First National Bank at Brent FL Florida National Bank at Pensacola
Nov 5, 1977 The Newark Trust Company OH The Central Trust Company
Nov 1, 1977 First Bank, Delray Beach, Florida FL Florida Coast Bank of Palm Beach County
Nov 1, 1977 First Pacific Bank CA First Pacific Bank
Nov 1, 1977 Barnett Bank at Ormond Beach FL Barnett Bank of Volusia County
Nov 1, 1977 Atlantic Bank of Orlando FL Atlantic Bank of Orlando
Nov 1, 1977 Atlantic Bank of West Orlando FL Atlantic Bank of Orlando
Nov 1, 1977 Atlantic National Bank of Winter Park FL Atlantic Bank of Orlando
Nov 1, 1977 Morgan Bank and Trust SC First Union National Bank of South Carolina
Nov 1, 1977 First Westside Bank of Vero Beach FL The First Bankers of Indian River County
Nov 1, 1977 First Bank West FL Florida Coast Bank of Palm Beach County
Nov 1, 1977 Sun Bank of South Ocala FL SunTrust Bank, North Central Florida

FDIC Open-Bank Assistance in 1977

Date Institution HQ Assets
Sep 2, 1977 Banco Economias San German, PR $190.3M

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