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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. 17 The Atlantic National Bank, Stamford (15584) 350,000 650,000 176,318 19,569,744 The Connecticut National Bank, Bridgeport (335). 6,451,225 12,000,000 4,159,177 360,808,344 The Connecticut National Bank, Bridgeport (335). 7,151,225 12,900,000 4,164,714 380,378,088 Oct. 30 General Bank and Trust Company, New Haven 400,000 400,000 150,000 8,076,269 Hartford National Bank and Trust Company, Hart- ford (1338) 17,693,525 44,306,475 15,593,199 1,041,105,191 Hartford National Bank and Trust Company, Haft- ford (1338) 17,993,525 44,806,475 17,743,299 1,048,981,460 May 18 Lava Hot Springs State Bank, Lava Hot Springs. 25,000 80,000 11,252 739,857 The Cassia National Bank of Burley, Burley (12256). 250,000 350,000 290,343 13,081,949 The Cassia National Bank of Burley, Burley (12256). 360,000 350,000 290,343 13,821,806 July 1 Fidelity National Bank of Twin Falls, Twin Falls (11100) 1,000,000 1,000,000 848,701 27,413,294 The Idaho First National Bank, Boise (1668) 8,002,315 17,000,000 6,958,357 500,740,908 The Idaho First National Bank, Boise (1668). 8,714,815 18,000,000 8,094,559 524,045,759 See footnote at end of table. 201 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1970 TABLE B-17—Continued 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 INDIANA Dec. 1 The First National Bank of Center Point, Center Point (9250) $25,000 $125,000 $229,948 $3,055,397 The Riddell National Bank of Brazil, Brazil (5267) 400,000 400,000 1,218,484 22,782,237 The Riddell National Bank of Brazil, Brazil (5267). 475,000 525,000 1,389,554 25,428,913 KANSAS July 31 Exchange State Bank of Kansas City, Kansas City.... 500,000 500,000 343,067 15,619,327 The Commercial National Bank of Kansas City, Kansas City (6311) 3,000,000 3,000,000 3,896,406 108,190,718 The Commercial National Bank of Kansas City, Kansas City (6311) . 3,475,000 4,000,000 3,764,473 117,021,889 MAINE June 2 The First National Bank of Houlton, Houlton (2749). 400,000 600,000 788,414 20,433,149 The First National Bank of Fort Fairfield, Fort Fair- field (13843) 157,500 210,000 230,155 8,986,563 The First National Bank of Aroostook, Fort Fairfield (13843) 610,000 1,493,078 269,922 29,541,440 Aug. 14 The First National Bank of Pittsfield, Pittsfield (13777). 250,000 250,000 576,648 12,129,152 Maine National Bank, Portland (4128) 5,020,330 6,479,670 3,894,441 190,482,404 Maine National Bank, Portland (4128) 5,420,330 6,729,960 4,471,090 202,611,556 MARYLAND May 1 The First National Bank of Harford County, Bel Air (13680) 700,000 1,100,000 790,561 38,156,284 The First National Bank of Maryland, Baltimore (1413) . 12,123,760 25,376,240 14,385,656 727,720,018 The First National Bank of Maryland, Baltimore (1413) 12,526,260 27,473,740 12,699,081 761,510,201 July 6 Montgomery Banking Trust Company, Rockville 1,000,000 500,000 93,102 11,181,628 University National Bank, Rockville (15365) 1,434,000 1,999,630 212,551 39,207,224 University National Bank, Rockville (15365) 2,394,000 2,632,732 212,551 48,536,914 MASSACHUSETTS June 30 Bristol County Trust Company, Taunton 750,000 1,371,800 691,069 38,417,295 The First National Bank of Attleboro, Attleboro (2232). 1,000,000 1,000,000 1,233,829 32,267,252 First Bristol County National Bank, Taunton (2232). 2,400,000 2,400,000 1,411,457 70,584,400 MICHIGAN Mar. 18 The Armada State Bank, Armada 150,000 150,000 254,485 5,983,449 First National Bank in Mt. Clemens, Mt. Clemens (12971) 1,320,000 1,320,000 1,299,784 75,588,838 First National Bank in Mt. Clemens, Mt. Clemens (12971) 1,488,750 1,961,250 1,299,784 81,827,802 See footnote at end of table. 202 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1970 TABLE B-17—Continued 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 NEW HAMPSHIRE Aug. 14 The Wilton National Bank, Wilton (13247) $100,000 $370,000 $344,684 $10,266,204 The Indian Head National Bank of Nashua, Nashua (1310) 997,775 4,502,225 540,136 61,808,730 The Indian Head National Bank of Nashua, Nashua (1310) 1,104,900 5,000,000 612,516 72,071,608 Dec. 31 Lisbon National Bank, Lisbon (15737). 75,000 75,000 77,275 3,156,868 Littleton National Bank, Littleton (1885). 150,000 200,000 225,792 8,807,562 The Littleton National Bank, Littleton (1885). 225,000 275,000 260,420 12,037,090 NEW JERSEY Jan. 2 The Bank of Sussex County, Franklin 777,600 1,410,400 110,375 55,387,215 National Community Bank of Rutherford, Rutherford (5005) 8,093,750, 12,000,000 4,830,125 374,309,033 National Community Bank of Rutherford, Rutherford (5005) 10,361,750 15,000,000 2,337,297 430,173,045 Jan. 9 Peoples National Bank of Sussex County, Sparta (15375) 245,400 222,700 124,960 8,599,317 New Jersey Bank (National Association), Clifton (15709) 7,923,366 12,138,938 9,760,327 506,883,752 New Jersey Bank (National Association), Clifton (15709) 8,125,821 12,404,583 9,885,288 515,199,963 Feb. 27 Jersey State Bank, River Edge 444,672 555,325 349,992 20,516,992 New Jersey Bank (National Association), Clifton (15709) 8,164,728 12,574,359 10,621,472 506,259,053 New Jersey Bank (National Association), Clifton (15709) 8,714,728 13,024,359 10,971,465 526,776,046 Apr. 30 Union National Bank and Trust Company, Mount Holly (2343) 1,224,000 988,000 921,244 34,499,979 South Jersey National Bank, Camden (1209) 5,076,563 11,923,437 7,339,194 305,339,193 South Jersey National Bank, Camden (1209) 5,765,063 13,446,938 8,260,438 339,637,141 May 11 New Jersey National Bank and Trust Company, Neptune (15297) 3,687,592 3,562,408 3,239,609 134,280,383 First Trenton National Bank, Trenton (1327) 5,925,160 8,376,720 11,273,656 508,284,242 New Jersey National Bank, Trenton (1327). 8,998,155 12,553,725 14,513,266 642,564,625 May 22 The Vineland National Bank and Trust Company, Vineland (2918) 600,000 1,400,000 1,210,202 29,709,165 Peoples National Bank of New Jersey, Westmont (12022) 2,186,379 3,736,103 1,975,335 131,715,508 Peoples National Bank of New Jersey, Westmont (12022) 3,502,629 3,736,103 1,691,704 166,461,909 See footnote at end of table. 203 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1970 TABLE B-l 7—Continued 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 NEW JERSEY—continued June 30 First National Bank of Williamstown, Williamstown (7265) $150,000 $550,000 $113,279 $15,976,524 First National Bank of South Jersey, Egg Harbor Township (1326) 6,770,000 6,770,000 3,818,921 256,385,345 First National Bank of South Jersey, Egg Harbor Township (1326) 7,340,000 7,340,000 3,482,201 272,361,869 July 17 Pitman National Bank and Trust Company, Pitman (8500) 125,000 1,000,000 469,547 15,748,018 The First National Bank and Trust Company of Paulsboro, Paulsboro (5981) 330,000 330,000 1,571,907 24,218,387 First County National Bank and Trust Company, Woodbury (1199) 491,420 1,508,580 874,279 40,681,659 National Bank and Trust Company of Gloucester County, Woodbury (1199) 1,137,420 2,838,580 2,822,277 80,777,365 Oct.
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