report of the comptroller of the currency€¦ · report op the comptroller op the currency 57...

6
56 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 5.—National banks reported in voluntary liquidation during the year ended Dec. 81, 1955, the names of succeeding banks in cases of successions, with date of liquidation and capital stock—Continued Title and location of bank Effective date Capital stock (common) The First National Bank in Yreka, Calif. (13340), absorbed by Anglo Cali- fornia National Bank, San Francisco, Calif The Peoples National Bank. & Trust Company of Irvington, N. J. (12876), absorbed by Fidelity Union Trust Company of Newark, N. J The First National Bank of Hecla, S. Dak. (9679), absorbed by First National Bank of Aberdeen, S. Dak The Mainland National Bank of Pleasantville, N. J. (14289), absorbed by The Boardwalk National Bank of Atlantic City, N. J The Little FaHs National Bank, Little Falls, N. J. (8829), absorbed by County Bank and Trust Company, Paterson, N. J The Highland National Bank, Highland, 111. (14410), absorbed by The Farm- ers and Merchants Bank of Highland Harbor National Bank of Aberdeen, Wash. (14665), absorbed by Seattle-First National Bank, Seattle, Wash The Farmers National Bank of Seven Mile, Ohio (9518), absorbed by The First National Bank and Trust Company of Hamilton, Ohio The Akron National Bank, Akron, Pa. (9364), absorbed by the Fulton Na- tional Bank of Lancaster, Pa The National Bank of Newport, Vt. (2263), absorbed by Chittenden Trust Company, Burlington, Vt The First National Bank of West Newton, Pa. (5010), absorbed by Peoples Union Bank of McKeesport, Pa The First National Bank of Jefferson, Pa. (11370), absorbed by Gallatin Na- tional Bank, Uniontown, Pa . The First National Bank of Centralia, Pa. (9568), absorbed by The Penn- sylvania National Bank and Trust Company of Pottsville, Pa The First National Bank of Lovelock, Nev. (7654), absorbed by First Na- tional Bank of Nevada, Reno, Nev The First National Bank of Moab, Utah 4 (10925), absorbed by First Security Bank of Utah, National Association, Ogden, Utah The First National Bank of Nara Visa, N. Mex. (8663), absorbed by First National Bank in Dalhart, Tex June 24,1955 July 22,1955 July 23.1955 Aug. 26,1955 Sept. 2,1955 Sept. 3,1955 Sept. 19,1955 Oct. 4,1955 Oct. 26,1955 Nov. 15,1955 Nov. 22,1955 Dec. 10,1955 Dec. 15,1955 Dec. 30,1955 Dec. 31,1955 Dec. 29,1955 Total (37 banks). $50,000 300, 000 45,000 100,000 260,000 75, 000 200, 000 50, 000 50,000 100,000 100, 000 50, 000 50, 000 60, 000 125, 000 25, 000 12,030,000 i With 1 branch in Boston. » With 3 branches in Newark. « With 1 branch each at West Milford, Mountain View, and Haskell. * With 1 branch in Monticello. TABLE N O . 6.—National banks merged or consolidated with and into State banks under the provisions of Public Law 706 {12 U. S. C. 214), approved Aug. 17, 1950, and the laws of the States where the banks are located, during the year ended Dec. 81, 1955, with the effective date and the capital stock Title and location of bank Effective date Jan. Mar. Feb. Apr. Apr. Mar. Apr. May 28,1955 4,1955 28,1955 8,1955 4,1955 31,1955 18,1955 13,1955 Capital stock $81,250 700,000 150,000 15,225, QOO t J 90,000 1 50,000 111, 000,000 300,000 1,000,000 The First National Bank of Ardsley, N. Y. (12992), merged with and into The County Trust Company, White Plains, N. Y The First National Bank of Pomona, Calif.i (3518), and California Trust Company, Los Angeles, Calif., merged with and into California Bank, Los Angeles, Calif County First National Bank of Santa Cruz, Calif. (9745), merged with and into First Savings Bank of Santa Cruz, and under the title "County Bank of Santa Cruz" The Public National Bank and Trust Company of New York, N. Y.» (11034), merged with and into Bankers Trust Company, New York The First National Bank of Perkasie, Pa. (5736), The Dublin National Bank, Dublin, Pa. (13133), Quakertown Trust Company, Quakertown, Pa., and Perkasie Trust Company, Perkasie, Pa., were consolidated into "Bucks County Bank and Trust Company," Perkasie Borough, Bucks County, Pa. The Chase National Bank of the City of New York, N. Y.» (2370), merged with and into Bank of The Manhattan Company, New York City, N. Y., and under the title "The Chase Manhattan Bank" Merchants National Bank in Plattsburg, N. Y. (13548), merged with and into State Bank of Albany, N. Y The Lincoln National Bank of Cincinnati, Ohio (2524), merged with and into The Fifth Third Union Trust Company, Cincinnati See footnotes at end of table. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1955

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Page 1: REPORT OF THE COMPTROLLER OF THE CURRENCY€¦ · REPORT OP THE COMPTROLLER OP THE CURRENCY 57 TABLE NO. 6. National banks merged or consolidated with and into State banks under the

56 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 5.—National banks reported in voluntary liquidation during the yearended Dec. 81, 1955, the names of succeeding banks in cases of successions, withdate of liquidation and capital stock—Continued

Title and location of bank Effectivedate

Capitalstock

(common)

The First National Bank in Yreka, Calif. (13340), absorbed by Anglo Cali-fornia National Bank, San Francisco, Calif

The Peoples National Bank. & Trust Company of Irvington, N. J. (12876),absorbed by Fidelity Union Trust Company of Newark, N. J

The First National Bank of Hecla, S. Dak. (9679), absorbed by First NationalBank of Aberdeen, S. Dak

The Mainland National Bank of Pleasantville, N. J. (14289), absorbed byThe Boardwalk National Bank of Atlantic City, N. J

The Little FaHs National Bank, Little Falls, N. J. (8829), absorbed by CountyBank and Trust Company, Paterson, N. J

The Highland National Bank, Highland, 111. (14410), absorbed by The Farm-ers and Merchants Bank of Highland

Harbor National Bank of Aberdeen, Wash. (14665), absorbed by Seattle-FirstNational Bank, Seattle, Wash

The Farmers National Bank of Seven Mile, Ohio (9518), absorbed by TheFirst National Bank and Trust Company of Hamilton, Ohio

The Akron National Bank, Akron, Pa. (9364), absorbed by the Fulton Na-tional Bank of Lancaster, Pa

The National Bank of Newport, Vt. (2263), absorbed by Chittenden TrustCompany, Burlington, Vt

The First National Bank of West Newton, Pa. (5010), absorbed by PeoplesUnion Bank of McKeesport, Pa

The First National Bank of Jefferson, Pa. (11370), absorbed by Gallatin Na-tional Bank, Uniontown, Pa .

The First National Bank of Centralia, Pa. (9568), absorbed by The Penn-sylvania National Bank and Trust Company of Pottsville, Pa

The First National Bank of Lovelock, Nev. (7654), absorbed by First Na-tional Bank of Nevada, Reno, Nev

The First National Bank of Moab, Utah 4 (10925), absorbed by First SecurityBank of Utah, National Association, Ogden, Utah

The First National Bank of Nara Visa, N. Mex. (8663), absorbed by FirstNational Bank in Dalhart, Tex

June 24,1955

July 22,1955

July 23.1955

Aug. 26,1955

Sept. 2,1955

Sept. 3,1955

Sept. 19,1955

Oct. 4,1955

Oct. 26,1955

Nov. 15,1955

Nov. 22,1955

Dec. 10,1955

Dec. 15,1955

Dec. 30,1955

Dec. 31,1955

Dec. 29,1955

Total (37 banks).

$50,000

300, 000

45,000

100,000

260,000

75, 000

200, 000

50, 000

50,000

100,000

100, 000

50, 000

50, 000

60, 000

125, 000

25, 000

12,030,000

i With 1 branch in Boston.» With 3 branches in Newark.« With 1 branch each at West Milford, Mountain View, and Haskell.* With 1 branch in Monticello.

TABLE NO. 6.—National banks merged or consolidated with and into State banksunder the provisions of Public Law 706 {12 U. S. C. 214), approved Aug. 17, 1950,and the laws of the States where the banks are located, during the year ended Dec.81, 1955, with the effective date and the capital stock

Title and location of bank Effectivedate

Jan.

Mar.

Feb.

Apr.

Apr.

Mar.

Apr.

May

28,1955

4,1955

28,1955

8,1955

4,1955

31,1955

18,1955

13,1955

Capitalstock

$81,250

700,000

150,000

15,225, QOOt

J 90,0001 50,000

111, 000,000

300,000

1,000,000

The First National Bank of Ardsley, N. Y. (12992), merged with and intoThe County Trust Company, White Plains, N. Y

The First National Bank of Pomona, Calif.i (3518), and California TrustCompany, Los Angeles, Calif., merged with and into California Bank, LosAngeles, Calif

County First National Bank of Santa Cruz, Calif. (9745), merged with andinto First Savings Bank of Santa Cruz, and under the title "County Bankof Santa Cruz"

The Public National Bank and Trust Company of New York, N. Y.» (11034),merged with and into Bankers Trust Company, New York

The First National Bank of Perkasie, Pa. (5736), The Dublin National Bank,Dublin, Pa. (13133), Quakertown Trust Company, Quakertown, Pa., andPerkasie Trust Company, Perkasie, Pa., were consolidated into "BucksCounty Bank and Trust Company," Perkasie Borough, Bucks County, Pa .

The Chase National Bank of the City of New York, N. Y.» (2370), mergedwith and into Bank of The Manhattan Company, New York City, N. Y.,and under the title "The Chase Manhattan Bank"

Merchants National Bank in Plattsburg, N . Y. (13548), merged with and intoState Bank of Albany, N. Y

The Lincoln National Bank of Cincinnati, Ohio (2524), merged with and intoThe Fifth Third Union Trust Company, Cincinnati

See footnotes at end of table.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1955

Page 2: REPORT OF THE COMPTROLLER OF THE CURRENCY€¦ · REPORT OP THE COMPTROLLER OP THE CURRENCY 57 TABLE NO. 6. National banks merged or consolidated with and into State banks under the

REPORT OP THE COMPTROLLER OP THE CURRENCY 57TABLE NO. 6.—National banks merged or consolidated with and into State banks

under the provisions of Public Law 706 (12 U. S. C. 214), approved Aug. 17, 1950,and the laws of the States where the banks are located, during the year ended Dec.31, 1955, with the effective date and the capital stock—Continued

Title and location of bankEffective

dateCapitalstock

The Irvington National Bank and Trust Company, Irvington, N. Y. (6371),merged with and into The County Trust Company, White Plains, N. Y___

The Port Leyden National Bank, Fort Leyden, N. Y. (11742), merged withand into Lewis County Trust Company, Lowville, N. Y

Central National Bank of Yonkers, N. Y.* (13319), merged with and into TheCounty Trust Company, White Plains, N. Y

The Delaware City National Bank, Delaware City, Del. (1332), merged withand into Wilmington Trust Company, Wilmington, Del

First National Bank in Birdsboro, Pa. (13917), merged with and into CityBank and Trust Company of Reading, Pa

The Peekskill National Bank and Trust Company, Peekskill, N. Y. (8398),merged with and into The County Trust Company, White Plains, N. Y___

The Jamaica National Bank of New York, Jamaica, N. Y.« (12550), mergedwith and into The Marine Midland Trust Company of New York, N. Y

The Oaklyn National Bank, Oaklyn, N. J. (12621), merged with and intoCamden Trust Company, Camden, N. J ^ 1

The Windham National Bank, Willimantic, Conn. (1614), merged with andinto The Connecticut Bank and Trust Company, Hartford, Conn

Union National Bank of Pasadena, Calif.7 (10167), merged with and into Cali-fornia Bank, Los Angeles, Calif

The Covina National Bank, Covina, Calif.8 (8222), merged with and into Cali-fornia Bank, Los Angeles, Calif

The Citizens National Bank of Springville, N. Y. (6330), merged with and intoThe Marine Trust Company of Western New York, Buffalo, N. Y

The First National Bank of San Mateo County at Redwood City, Calif.9 (7297),merged with and into Wells Fargo Bank, San Francisco, Calif

The Ely National Bank, Ely, Nev.10 (9310), merged with and into NevadaBank of Commerce, Reno, Nev

The First National Bank and Trust Company of Hudson, N. Y.mei

Firstfacturers and Traders Trust Company, Buffalo

The First National Bank of Philadelphia, Pa." (1), merged with and into ThePennsylvania Company for Banking and Trusts, Philadelphia

Valley National Bank of Alhambra, Calif.14 (14568), merged with and intoFirst Western Bank and Trust Company, San Francisco, Calif

The First National Bank of Delaware County, Media, Pa.15 (312), mergedwith and into Provident Trust Company of Philadelphia, Pa

The First National Bank of Elmsford, N. Y. (12956), merged with and into TheCounty Trust Company, White Plains, N. Y

The National Bank of Lansdowne, Pa. (13151), merged with and into Fidelity-Philadelphia Trust Company, Philadelphia, Pa

First National Bank of Sunnyvale, Calif. (14722), merged with and into FirstWestern Bank and Trust Company, San Francisco, Calif

The Morton National Bank,Morton, Pa. (13015), merged with and into BroadStreet Trust Company, Philadelphia, Pa

The Commercial National Bank of Alameda, Calif. (11942), merged with andinto First Western Bank and Trust Company, San Francisco, Calif

The First National Bank of Murray, Utah (6558), merged with and intoWalker Bank & Trust Company, Salt Lake City, Utah

First National Bank of Bennington, Vt. (130), merged with and into Brattle-boro Trust Company, Brattleboro, Vt

The Market Street National Bank of Philadelphia, Pa. (3684), merged withand into Tradesmens Bank and Trust Company, Philadelphia, Pa

May 27,1955

June 8,1955

June 30,1955

Apr. 28,1955

July 1,1955

July 29,1955

Aug. 12,1955

Aug. 15,1955

Aug. 22,1955

Aug. 19,1955

do

Sept. 30,1955

do

erged with and into State Bank of Albany, N. Y.st National Bank of Buffalo, N. Y.12 (13441), merged with and into Manu-

do

Oct. 3,1955

Aug. 8,1955

Sept. 30,1955

Oct. 14,1955

Oct. 31,1955

Oct. 28, 1955

do

Oct. 21,1955

Oct. 28,1955

Dec. 16,1955

Dec. 15,1955

Dec. 31,1955

Dec. 30,1955

Total (36 banks).

$100,0004 50,000

705,000

60,000

125,000

200,000

1,000,000

75,000

100,000

400,000

150,000

200,000

750,000

100,000

200,000

900,000

5,000,000

580,000

800,000

140,000

150,000

345,000

50,000

100,000

175,000

300,000

1,000,000

4142,351,250

1 With 2 branches in Pomona.2 With 24 branches in the City of New York.3 With 27 branches in the City of New York.4 Includes $15,050 preferred capital stock.« With 3 branches in Yonkers.6 With 1 branch in Jamaica and 1 in Flushing.7 With 1 branch in Pasadena.s With 1 branch in West Covina.6 With 1 branch each in Menlo Park, Belmont, East Palo Alto, and Woodside Terrace District.i° With 1 branch in McGill.u With 1 branch in Germantown.i2 With 1 branch in Cheektowaga.is With 2 branches in Philadelphia.14 With 1 branch each in Alhambra, Arcadia, and Long Beach.15 With 1 branch each in Springfield, Swarthmore and Nether Providence Township.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1955

Page 3: REPORT OF THE COMPTROLLER OF THE CURRENCY€¦ · REPORT OP THE COMPTROLLER OP THE CURRENCY 57 TABLE NO. 6. National banks merged or consolidated with and into State banks under the

76 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 6.—National banks merged or consolidated with and into State banksunder the provisions of Public Law 706 (12 U. S. C. 214), approved Aug. 17, I960,and the laws of the States where the banks are located, during the year ended Dec.31, 1956, with the effective date and the capital stock

Title and location of bank Effectivedate

Capitalstock

The First National Bank of Marcellus, N. Y. (9869), merged with and intoFirst Trust & Deposit Company, Syracuse, N. Y -

The New Castle County National Bank of Odessa, Del. (1281), merged withand into Equitable Security Trust Company, Wilmington, Del

Carthage National Exchange Bank, Carthage, N. Y. (13584), merged withand into The Northern New York Trust Company, Watertown, N. Y

The Wheatley Hills National Bank of Westbury, N. Y. (11730), merged withand into Hempstead Bank, Hempstead, N. Y.

Peoples National Bank of Secaucus, N. J. (14151), merged with and into TheTrust Company of New Jersey, Jersey City, N. J

First National Bank in Orosi, Calif. (13465), merged with and into FirstWestern Bank and Trust Company, San Francisco, Calif

The Stewart National Bank of Livonia, N. Y. (13006), merged with and intoSecurity Trust Company of Rochester, N. Y

The First National Bank of Pennington, N. J. (5718), merged with and intoThe Trenton Banking Company, Trenton, N. J

The First National Bank of Jonesboro, Tenn. (4715), merged with and intoThe Peoples Bank, Johnson City, Tenn., and under the title "First PeoplesBank'"

The Cleves National Bank, Cleves, Ohio (13774), merged with and into TheCentral Trust Company, Cincinnati, Ohio

The Hopewell National Bank, Hopewell, N. J. (4254), merged with and intoPrinceton Bank and Trust Company, Princeton, N. J ,__

The National Bank of Phelps, N. Y. (14267), merged with and into SecurityTrust Company of Rochester, N. Y

The First National Bank of Greenwood, N. Y. (8058), merged with and intoSecurity Trust Company of Rochester, N. Y

The Birmingham National Bank, Birmingham, Mich.* (13703), FerndaleNational Bank, Ferndale, Mich. (14500), and Detroit Wabeek Bank andTrust Company, Detroit, Mich., merged with and into The Detroit Bank,Detroit, Mich., and under the title "The Detroit Bank and Trust Com-

The First National Bank of Richfield Springs, N. Y. (2651), merged with andinto State Bank of Albany, N. Y

Merchants National Bank & Trust Company of Poughkeepsie, N. Y. (1380),merged with and into Poughkeepsie Trust Company, Poughkeepsie andunder the title "Dutchess Bank & Trust Company"

The Farmers National Bank of Bucks County, Bristol, Pa.* (717), and Roose-velt Bank, Philadelphia, Pa., merged with and into Fidelity-PhiladelphiaTrust Company, Philadelphia, Pa

The Wernersville National Bank and Trust Company, Wernersville, Pa.(8131), merged with and into Peoples Trust Company of Wyomissing, Pa..

Feb. 3,1956

Feb. 10,1956

Mar. 5,1956

Apr. 2,1956

Mar. 29,1956

May 4,1956

Apr. 2,1956

June 1,1956

June 25,1956

July 2,1956

June 29,1956

June 4,1956

July 2,1956

Aug. 31,1956

Sept. 21,1956

Oct. 11,1956

Nov. 9,1956

Nov. 30,1956

Total (19 banks).

$50,000

100,000

200,000

160,000

100,000

75,000

100,000

250,000

75,000

50,000

100,000

50,000

25,000

666,000375,000

150,000

250,000

687,500

125,000

3, 588,500

* With 1 branch in Birmingham.2 With 1 branch each in Andalusia, Bristol, Croydon, Fairless Hills, and Levittown.

TABLE NO. 7.—National banks converted into State banks under the provisions ofPublic Law 706 (12 U. S. C. 214), approved Aug. 17, 1950, and the laws of theStates where the banks are located, during the year ended Dec. 81, 1956, with theeffective date and the capital stock

Title and location of bankEffective

dateCapitalstock

(common)

The First National Bank of Linden, Tenn. (10181), converted into First StateBank, Linden __

The Citizens National Bank of Trenton, Tenn. (12438), converted into Citi-zens State Bank, Trenton _

The First National Bank of Coolidge, Tex. (7231), converted into First StateBank, Coolidge

Apr. 17,1956

July 2,1956

Dec. 31,1956

$40,000

50,000

60,000

Total (3 banks). 140,000

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1956

Page 4: REPORT OF THE COMPTROLLER OF THE CURRENCY€¦ · REPORT OP THE COMPTROLLER OP THE CURRENCY 57 TABLE NO. 6. National banks merged or consolidated with and into State banks under the

REPORT OF THE COMPTROLLER OF THE CURRENCY 55TABLE NO. 6.—National banks merged or consolidated with and into State banks

under the provisions of Public Law 706 (12 U. S. C. 214), approved Aug. 17,1950, and the laws of the States where the banks are located, during the year endedDec. 31y 1957, with the effective date and the capital stock

Title and location of bank Effectivedate

Capitalstock

The Commercial National Bank of Santa Ana, Calif.1 (13200), merged withand into California Bank, Los Angeles, Calif

The Richford National Bank, Richford, Vt. (11615), merged with and intoThe Franklin County Savings Bank and Trust Company, St. Albans, Vt—

The Cazenovia National Bank, Cazenovia, N. Y. (5675), merged with and intoFirst Trust & Deposit Company, Syracuse, N. Y

The First National Bank of Caldwell, Idaho 2 (4690), and Bank of EasternIdaho, Idaho Falls, Idaho, merged with and into Continental State Bank,Boise, Idaho, and under the title "Bank of Idaho"

The Pajaro Valley National Bank of Watsonville, Calif. (9621), merged withand into Pajaro Valley Savings Bank, Watsonville, and under the title"Pajaro Valley Bank"

The National Bank of Smyrna, Del. (2381), merged with and into EquitableSecurity Trust Company, Wilmington, Del

The Penn Valley National Bank of Hatfield, Pa.3 (13026), merged with andinto Montgomery Norristown Bank and Trust Company, Norristown, Pa.,and under the title "Montgomery County Bank and Trust Company"

College Point National Bank of New York, College Point, N. Y. (13105),merged with and into Trust Company of North America, New York, N. Y.,and under the title "Bank of North America"

The Naugatuck National Bank, Naugatuck, Conn. (3020), merged with andinto The Colonial Trust Company, Waterbury, Conn

Staten Island National Bank & Trust Company of New York, N. Y.4 (6198),merged with and into The Chase Manhattan Bank, New York

Berwyn National Bank, Berwyn, Pa. (13999), merged with and into PaoliBank, Paoli, Pa., and under the title " Upper Main Line Bank"

The National Bank of Narberth, PaJ (14139), and Ambler National Bank,Ambler, Pa.6 (14037), merged with and into Girard Trust Corn ExchangeBank, Philadelphia, Pa

The First National Bank of Silver Creek, N. Y. (10159), merged with and intoManufacturers and Traders Trust Company, Buffalo, N. Y

The Commercial National Bank of Charlotte, N. C.8 (2135), merged with andinto American Trust Company, Charlotte, and under the title "AmericanCommercial Bank"

The National Bank of Norwalk, Conn.9 (942), and First National Bank inGreenwich, Conn.*0 (13042), merged with and into The Stamford TrustCompany, Stamford, Conn., and under the title "The Fairfield CountyTrust Company"

The Windham National Bank of Bellows Falls, Vt." (13894), merged with andinto The Vermont Bank and Trust Company, Brattleboro, Vt

Manufacturers-Central National Bank of Lynn, Mass. (4580), merged withand into Essex Trust Company, Lynn

Jan. 11,1957

Jan. 21,1957

Feb. 21,1957

Apr. 30,1957

Apr. 26,1957

May 6,1957

May 17,1957

June 12,1957

July 12,1957

July 22,1957

July 26,1957

Oct. 11,1957

Nov. 29,1957

do

Dec. 13,1957Dec. 27,1957

Dec. 31,1957

do

$300,000

50,000

100,000

250,000

250,000

100,000

300,000

200,000

400,000

750,000

200,000

300,000200,000

7 90,000

1,000,000

504,000500,000

150,000

500,000

Total (19 banks). 7 6,144,000

1 With 2 branches in Santa Ana.2 With 1 branch in Wilder.3 With 1 branch in Lansdale.4 With 5 local branches.5 With 1 branch each in Wynnewood and Bala-Cynwyd.6 With 1 branch each in Flourtown and Fort Washington.7 Includes $15,000 preferred capital stock.s With 3 branches in Charlotte.fl With 1 branch in Norwalk.i° With 2 branches in Greenwich.» With 1 branch in Chester.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1957

Page 5: REPORT OF THE COMPTROLLER OF THE CURRENCY€¦ · REPORT OP THE COMPTROLLER OP THE CURRENCY 57 TABLE NO. 6. National banks merged or consolidated with and into State banks under the

50 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 6.—National banks merged or consolidated with and into State banksunder the provisions of Public Law 706 (12 U.S.C. 214), approved Aug. 17,I960, and the laws of the States where the banks are located, during the year endedDec. 31, 1958, with the effective date and the capital stock

Title and location of bank Effectivedate

Capitalstock

Springfield National Bank, Springfield, Mass.* (4907), merged with and intoUnion Trust Co. of Springfield, and under the title "Valley Bank & TrustCompany"

The Ansonia National Bank, Ansonia, Conn. (1093), merged with and intoThe Union & New Haven Trust Co., New Haven, Conn

National Bank & Trust Company of Skaneateles, N.Y. (5360), merged withand into First Trust & Deposit Co., Syracuse, N.Y _

The First National Bank & Trust Co. of New Canaan, Conn.* (1249), mergedwith and into The Fairfield County Trust Co., Stamford, Conn

The First National Bank of Springfield, Ky. (1767), merged with and intoPeoples Deposit Bank, Springfield, and under the title "First & PeoplesBank, Springfield, Ky."

The Union National Bank of Friendship, N.Y. (11055), merged with and intoThe First Trust Co. of Allegany County, Wellsville, N.Y

Upper Darby National Bank, Upper Darby, Pa.» (13196), merged with andinto Girard Trust Corn Exchange Bank, Philadelphia, Pa

The Security National Bank Savings & Trust Co. of St. Louis, Mo. (12066),merged with and into Mutual Bank & Trust Co., St. Louis, and under thetitle "Security-Mutual Bank & Trust Co." _

The Lynbrook National Bank & Trust Company, Lynbrook, N.Y. (8923),merged with and intd Central Bank & Trust Co., Great Neck, N.Y

Passaic-Clifton National Bank & Trust Co., Clifton, N.J.< (12205), mergedwith and into County Bank & Trust Co., Paterson, N.J., and under thetitle "New Jersey Bank & Trust Co.," Clifton, N.J

Peoples National Bank of Grand Rapids, Mich.» (13799), merged with andinto Old Kent Bank & Michigan Trust Co., Grand Rapids, Mich., andunder the title "Old Kent Bank A Trust Co."

The Citizens National Bank of Waverly, N.Y. (12954), merged with and intoMarine Midland Trust Co. of Southern New York, Elmira, N.Y

The National Bank of Pottstown, Pa.« (608), merged with and into Mont-gomery County Bank & Trust Co., Norristown, Pa

The First National Bank of Gaithersburg, Md. (4608\ merged with and intoThe Germantown Bank, Germantown, Md., and under the title "TheMaryland State Bank of Montgomery County," Gaithersburg

The Farmers National Bank & Trust Co. of Rome, N.Y.* (2410), and TheFirst National Bank of Herkimer, N.Y. 8 (3183), merged with and into FirstBank & Trust Co. of Utica, N.Y., and under the title "Marine MidlandTrust Co. of the Mohawk Valley"

The First National Bank of Harrisville, N.Y. (10767), merged with and intoState Bank of Edwards and Star Lake, Edwards, N.Y., and under the title"United Bank," Star Lake _

Jan. 17,1958

Feb. 10,1958

Feb. 11,1958

Feb. 28,1958

Apr. 2,1958

Apr. 18,1958

Apr. 25,1958

May 29,1958

June 6,1958

June 20,1958

July 31,1958

Sept. 29,1958

Oct. 17,1958

Oct. 14,1958

Dec. 26,1958

Nov. 28,1958

Total (17 banks).

$1,300,000

200,000

100,000

750,000

50,000

100,000

1,050,000

750,000

350,000

3,000, 000

1,050,000

100,000

1,000, 000

100,000

475,000475,000

25,000

10,875,000

i With 4 local branches and 1 each in Indian Orchard, Longmeadow, and Agawam.» With 1 local branch and 1 in Wilton.> With 4 local branches and 1 each in Havertown, Yeadon, Broomall, Newtown Square, Pilgrim Gardens,

Manoa, and Marple Township.* With 2 local branches and 2 in Passaic.«With 5 local branches and 1 in Rogers Heights.* With 1 local branch and 1 in Stowe.* With 1 local branch and 1 in Ramsen.»With 1 branch in Middleville.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1958

Page 6: REPORT OF THE COMPTROLLER OF THE CURRENCY€¦ · REPORT OP THE COMPTROLLER OP THE CURRENCY 57 TABLE NO. 6. National banks merged or consolidated with and into State banks under the

48 REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 6.—National banks merged or consolidated with and into State banksunder the provisions of Public Law 706 (12 U.S.C 214) > approved Aug. 17, 1950',and the laws of the States where the banks are located, during the year ended Dec.31, 1959, with the effective date and the capital stock

Title and location of bank Effectivedate

Capitalstock

The Bethel National Bank, Bethel, Conn. (10289), merged with and into TheFairfield County Trust Company, Stamford, Conn

Adirondack National Bank and Trust Company of Saranac Lake, N.Y. (5072),merged with and into The Northern New York Trust Company, Water-

Jan. 2,1959

town, N.Y.The First National Bank and Trust Company of Milford, Del. C2340), merged

with and into Wilmington Trust Company, Wilmington, Del...The First National Bank of Seaford, Del.1 (795), merged with and into Bank

of Delaware, Wilmington, Del _Monroe County National Bank of East Stroudsburg, Pa. (5578), merged with

and into Stroudsburg Security Trust Company, Stroudsburg, Pa., andunder the title'' M onroe S ecurity B ank and Trust C ompany''

The Citizens National Bank of Petersburg, VsJ (13792), merged with andinto State-Planters Bank of Commerce and Trusts, Richmond, Va

The Towson National Bank, Towson, Md.3 (3588), merged with and intoMercantile-Safe Deposit and Trust Company, Baltimore, Md

City National Bank & Trust Company of Danbury, Conn.* (1132), mergedwith and into City Trust Company, Bridgeport, Conn

The First National Bank and Trust Company of Ridge ".eld, Conn.« (5309),merged with and into The Fairfield County Trust Company, Stamford,Com

.—.do

Jan. 30,1959

do- _.

The First National Bank of Newcomerstown, Ohio (5262), merged with andinto The Reeves Banking and Trust Company, Dover, Ohio, and underthe title "The Reeves Banking & Trust Company"

The First National Bank of Dagsboro, Del. (8972), merged with and into ThePresident, Directors and Company of the Farmers Bank of the State ofDelaware, Dover, Del

The Citizens and Manufacturers National Bank of Waterbury, Conn. (2494),merged with and into The Colonial Trust Company, Waterbury and underthe title "The Colonial Bank and Trust Company"

The First National Bank of Wolcott, N.Y. (5928), merged with and intoSecurity Trust Company of Rochester, N.Y

First National Bank of Roaring Spring, Pa. (12304), merged with and intoThe Altoona Trust Company, Altoona, Pa

Danbury National Bank, Danbury, Conn. (943), merged with and into TheFairfield County Trust Company, Stamford, Conn.,

The Peoples National Bank of Laurel, Del. (6726), merged with and into TheP esident, Directors and Company of the Farmers Bank of the State ofDelaware, Dover, Del

The National City Bank of Troy, N.Y.* (7612), merged with and into StateBank of Albany, Albany, N.Y

The First National Bank of Westfield, Mass. (190), merged with and intoValley Bank and Trust Company, Springfield, Mass

Ilion National Bank and Trust Company, Ilion, N.Y. (1670), merged with andinto Marine Midland Trust Company of the Mohawk Valley, Utica, N.Y..

The First National Bank of Martinsburg, Pa. (7974), merged with and intoHollidaysburg Trust Company, HolMaysburg, Pa

The First National Bank of Tustin, Calif. (10134), merged with and into First

Jan. 23,1959

Mar. 4,1959

Mar. 6,1959

Mar. 30,1959

May 8,1959

May 29,1959

._—do

Western Bank and Trust Company, San Francisco, Calif.First National Bank of Raleigh, N.C.' (14780), r " """, merged with and into American

Commercial Bank, Charlotte, N.CThe Citizens National Bank of Durham, N.C.8 (7698), merged with and into

Durham Bank & Trust Company, DurhamThe Housatonic National Bank of Stockbridge, Mass. (1170), merged with and

into The Berkshire Trust Company, Pittsfield, Mass., and under the title"Berkshire Housatorric Trust Company"

The First National Bank of Beilefonte, Pa. (459), mergei with and into Belle-fonte Trust Company, Bellefonte, and under the title "First BellefonteBank and Trust Company"

June 30,1959

June 15,1959

June 19,1959

Aug. 7,1959

Aug. 14,1959

Sept. 25,1959

Sept. 18,1959

Sept. 30,1959

Sept. 11,1959

Oct. 30,1959

._—do

Oct. 31,1959

Nov. 13,1959

Dec. 31,1959

T o t a l (25 banks) .

$140,000

250,000

250,000

150,000

150,000

500,000

300,000

350,000

240,000

75,000

100,000

800,000

150,000

50,000

300,000

100,000

600,000

150,000

200,000

75,000

50,000

200,000

250,000

75,000

200,000

5,705,000

i With 1 local branch.a With 3 local branches.3 With 1 local branch and 1 in Timonium.« With 1 local branch.» With 1 branch in Redding.6 With 1 branch each in Cohoes, Latham, Ticonderoga, and Port Henry.7 With 2 local branches.8 With 3 local branches and 1 in Roxboro.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1959