Mergers of National Banks, Or National and State Banks, by States
1970 TABLEB-17 Mergers* of National banks, or National and State banks, by States, calendar 1970 Effective Merging banks Outstanding Undivided date Resulting bank capital Surplus profits and Total assets stock reserves Total: 60 merger actions CALIFORNIA Apr. 10 Los Padres National Bank, Santa Maria (15271) $500,000 $375,000 $356,628 $12,438,566 Wells Fargo Bank, National Association, San Fran- cisco (15660) 91,757,810 185,242,820 56,400,610 5,436,787,409 Wells Fargo Bank, National Association, San Fran- cisco (15660) 92,257,810 185,542,420 56,757,238 5,449,225,975 June 11 Gateway National Bank, El Segundo (15239) 1,595,226 1,126,314 265,311 31,745,184 Southern California First National Bank, San Diego (3050) 7,062,495 13,285,305 12,044,200 601,086,646 Southern California First National Bank, San Diego (3050) 7,062,495 13,285,305 15,031,052 632,831,830 July 31 Bank of Sacramento, Sacramento 2,262,750 2,447,250 127,667 42,497,359 Security Pacific National Bank, Los Angeles (2491). 168,000,000 182,000,000 122,362,960 6,722,389,757 Security Pacific National Bank, Los Angeles (2491). 170,262,750 189,737,250 116,522,457 6,758,034,271 Nov. 6 The First National Bank of Holtville, Holtville (9770). 400,000 400,000 179,980 13,927,142 Wells Fargo Bank, National Association, San Fran- cisco (15660) 92,419,970 185,455,260 65,490,961 5,514,746,846 Wells Fargo Bank, National Association, San Fran- cisco (15660) 92,859,970 185,815,260 65,670,942 5,527,924,917 CONNECTICUT Apr.
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