1975 Table B-17 Mergers* of National banks, or National and State banks, by States, calendar 1975 Outstanding Undivided Effective Merging banks capital Surplus profits and Total assets date Resulting bank stock reserves Total: 22 merger actions ALASKA The First Bank of Cordova, Cordova $200,000 $300,000 $208,561 $8,815,758 National Bank of Alaska, Anchorage (14651) 12,000,000 11,000,000 5,257,083 463.152,655 June 2 National Bank of Alaska, Anchorage (14651) 12,340,000 11,300,000 5,325,644 470,980,897 ARIZONA Southern Arizona Bank and Trust Company, Tucson 5,280,000 7,200,000 7,028,936 360,977,686 First National Bank of Arizona, Phoenix (3728) 14,612,000 37,495,094 23,009,943 1,848,797,552 May 14 First National Bank of Arizona, Phoenix (3728) 20,892,000 44,695,094 30,215,487 2,163,101,889 CALIFORNIA Mother Lode Bank Placerville 933 003 2 271 481 1 385,313 94,779,437 Security Pacific National Bank, Los Angeles (2491) 274,519,800 275,480,200 151,490,591 12,580,641,304 June 29 Security Pacific National Bank, Los Angeles (2491) 274,519,800 275,480,200 151,490,591 12,672,530,721 DISTRICT OF COLUMBIA Union Trust Company of the District of Columbia. Wash- ington 5,000,000 10,000,000 7,799,000 269,491,000 The First National Bank of Washington, Washington (2038). 4,242,000 5,000,000 5,257,000 220,069,000 Dec. 31 Union First National Bank of Washington, Washington (2038) 11,373,000 15,000,000 10,925,000 489,560,000 INDIANA Citizens Bank of Hebron Hebron 200 000 250,000 832,617 11,575,475 First National Bank, Valparaiso (14874) 1,100,000 1,100,000 3,004,978 62,878,612 Feb. 28 First National Bank, Valparaiso (14874) 1,100,000 1,100,000 3,034,739 73,245,097 MICHIGAN Springport State Savings Bank, Springport 100,000 100,000 236,150 4,216,046 City Bank and Trust Company, National Association, Jackson (15367) 4,000,000 6,000,000 7,657,709 211,188,080 Feb. 28 City Bank and Trust Company, National Association, Jackson (15367) 4,100,000 6,000,000 7,993,859 215,404,126 NEW HAMPSHIRE The Citizen's National Bank of Newport, Newport (3404).. 100,000 200,000 267,320 5,460,354 The First National Bank of Newport, Newport (888) 100,000 200,000 299,725 4,807,172 Aug. 1 First Citizens National Bank, Newport (888) 200,000 600,000 367,045 10,267,525 The Woodsville National Bank, Woodsville (5092) 100,000 200,000 72,629 5,586,416 The Littleton National Bank, Littleton (1885) 300,000 577,000 672,759 21,958,611 Oct. 1 Lafayette National Bank, Littleton (1885) 410,000 767,000 913,143 27,582,395 NEW JERSEY Elmwood State Bank Elmwood Park 500 000 600 000 53 186 15,648,699 Bankers National Bank, Bogota (11543) 937,500 1,350,000 99,968 40,543,569 May 5 Bankers National Bank, Bogota (11543) 1,437,500 1,950,000 153,153 56,192,268 The Cape May County National Bank, Ocean City (14145). 1,155,000 3,250,000 1,358,439 65,160,279 First National Bank of South Jersey, Egg Harbor Township (1326) 10,182,310 10,182,310 6,900,899 441,314,031 May 31 First National Bank of South Jersey, Egg Harbor Township (1326) 10,182,310 10,182,310 6,900,899 507,235,874 Midlantic National Bank/Somerset, Bernardsville (16193). 400,000 400,000 227,481 9,940,727 Midlantic National Bank/Morris, Morristown (15360) 800,000 665,000 0 22,514,125 Aug. 31 Midlantic National Bank/West, Morristown (15360) 1,200,000 1,065,000 120,398 32,454,851 New Jersey National Bank of Princeton, Princeton (16075). 400,000 400,000 251,737 13,015,498 New Jersey National Bank-Delaware Valley, Cherry Hill (14975) 511,260 1,011,210 1,060,631 28,759,151 New Jersey National Bank, Trenton (1327) 9,198,155 12,593,725 28,270,273 758,280,856 Dec. 31 New Jersey National Bank, Trenton (1327) 10,036,665 14,077,685 29,582,641 800,055,505 NEW YORK First National Bank in Gouvemeur, Gouverneur (13911) .. 100,000 900,000 286,556 12,155,648 The National Bank of Northern New York, Watertown (2657) 2,514,530 2,514,530 6,673,478 141,447,280 Jan. 31 The National Bank of Northern New York, Watertown (2657) 2,864,530 2,864,530 7,260,034 153,602,928 Bankers Trust of Rockland County, Spring Valley 1,875,000 2,475,000 4,142,475 85,612,536 Bankers Trust Hudson Valley, National Association, Poughkeepsie (15641) 1,650,000 3,350,000 5,589,815 112,173,534 See footnote at end of table. 127 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1975 Table B-17—Continued Mergers* of National banks, or National and State banks, by States, calendar 1975 Outstanding Undivided Effective Merging banks capital Surplus profits and Total assets date Resulting banks stock reserves NEW YORK—continued Apr. 30 Bankers Trust Company of Hudson Valley, National As- sociation (15641) $7,500,000 $5,000,000 $6,582,290 $197,786,070 The National Bank of Orange and Ulster Counties, Goshen (1399) 550,000 550,000 1,578,294 39,391,214 Highland National Bank of Newburgh, Newburgh (1106) 1,300,000 2,270,000 2,656,189 87,862,283 June 30 4,234,483 Highland National Bank of Newburgh, Newburgh (1106) 1,300,000 3,370,000 127,253,497 The First National Bank and Trust Company of Ellenville (45) 180,000 320,000 967,944 18,747,088 Highland National Bank of Newburgh, Newburgh (1106) 1,300,000 3,370,000 4,344,603 125,995,603 Sept. 30 Highland National Bank of Newburgh, Newburgh (1106) y. 1,300,000 3,870,000 5,312,547 144,742,691 OHIO The State Bank Company, Massillon 500,000 1,000,000 579,267 22,663,726 First National Bank of Canton, Canton (76) 3,161,540 10,838,460 3,755,481 214,629,867 Oct. 31 The Central Trust Company of Northeastern Ohio, N.A., Canton (76) 3,661,540 10,338,460 2,634,748 237,293,593 PENNSYLVANIA The Richland National Bank, Richland (8344) 187,500 912,500 407,947 18,047,628 National Central Bank, Lancaster (694) 15,498,670 34,501,330 15,812,960 910,793,409 16,220,907 Feb. 7 National Central Bank, Lancaster (694) 15,686,170 35,413,830 928,841,037 SOUTH DAKOTA Spink County Bank, Redfield 100,000 500,000 782,237 18,589,845 Aberdeen National Bank, Aberdeen (3326) 1,500,000 1,500,000 1,088,129 60,947,243 Aberdeen National Bank, Aberdeen (3326) 1,600,000 2,000,000 1,870,366 79,537,087 Nov. 8 VERMONT The Island Pond National Bank, Island Pond (4275) 100,000 187,500 194,689 5,306,069 The National Bank of Derby Line, Derby Line (1368) 332,000 647,000 580,401 18,925,729 Community National Bank, Derby Line (1368) 332,000 647,000 553,754 23,497,033 July 1 VIRGINIA The Fidelity National Bank, Buchanan (9375) 100,000 272,000 40,030 5,721,494 Fidelity National Bank, Roanoke County, (16192) 600,000 600,000 231,577 6,997,000 Fidelity National Bank, Roanoke County, (16192) 600,000 600,000 232,120 12,143,483 Apr. 30 United Virginia Bank/Peoples National, Manassas (6748) 1,100,000 1,220,000 653,362 35,587,561 United Virginia Bank/National, Vienna (651) 13,000,000 13,000,000 4,884,692 398,858,548 Dec. 31 United Virginia Bank/National, Vienna (651) 14,100,000 14,220,000 5,538,054 434,446,110 * Excludes mergers involving only one operating bank, effected pursuant to corporate reorganizations. TableB-18 Mergers resulting in National banks, by assets of acquiring and acquired banks, 1960-1975* Assets of acquired bank— Acquired Assets of acquiring banks~\ banks Under $10 $10 to 24.9 $25 to 49.9 $50 to 99.9 $100 million 1960-1975 million million million million and over Under $10 million 96 96 0 0 0 o $10 to 24.9 million 148 130 18 0 0 $25 to 49.9 million 166 109 45 12 0 $50 to 99.9 million 186 111 46 26 3 $100 million and over 589 235 208 77 29 oooo Total 1,185$ 681 317 115 32 40 * Includes all forms of acquisitions involving two or more banks from May 13, 1960 through December 31, 1975. t In each transaction, the bank with the larger total assets was considered to be the acquiring bank. X Comprises 1,140 transactions, 26 involving three banks, eight involving four banks, and one involving five banks. 128 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1976 Table B-17 Mergers* of national banks, or national and state banks, by states, calendar 1976 (Dollar amounts in thousands) Outstanding Undivided Effective Merging banks capital Surplus profits and Total assets date Resulting banks stock reserves Total: 36 merger actions ALABAMA The Citizens Bank of Georgiana, Georgiana $75 $150 $349 $7,858 The First National Bank of Greenville, Greenville (5572) .... 250 500 1,723 35,702 Apr.