56050_1945-1949

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26 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 5.—National banks reported in voluntary liquidation during the year ended Dec. 31, 19%5, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued Name and location of bank The Otselic Valley National Bank of South Otselic, N. Y. (7774), absorbed by The National Bank and Trust Company of Nor- wich, N. Y The Citizens National Bank of Lancaster, N. Y. (11912), ab- sorbed by Manufacturers and Traders Trust Company of Buf- The First National Bank of Loomis, Nebr. (5419), succeeded by First State Bank of Loomis... , 1 The Bethel National Bank, Bethel, Me. (7613), absorbed by Casco Bank & Trust Company, Portland, Me... Palo Alto National Bank, Palo Alto, Calif. (13212), absorbed by The Anglo California National Bank of San Francisco, Calif-. The First National Bank of Rocky River, Ohio (12347), absorbed by The National City Bank of Cleveland, Ohio _ The Union National Bank of Waynesburg, Pa. (13873), absorbed by First National Bank and Trust Company of Waynesburg-. Total (43 banks) Date of liquidation Oct. 15, 1945 Oct. 31, 1945 Nov. 8, 1945 Nov. 17, 1945 Nov. 17, 1945 Nov, 17, 1945 Dec. 19,1945 Capital Common $50,000 ^43,913 25,000 25,000 150,000 200,000 200,000 2,913,413 Preferred $11,087 599,587 1 With 1 branch in Waltham. TABLE NO. 6.—National and State banks consolidated during the year ended Dec. SI, 1945, under act Nov. 7, 1918, as amended Continental National Bank and Trust Company of Chicago, 111. (No. 2894), with. __ and-Continental Illinois National Bank and Trust Company of Chicago, 111. (No. 13639), which had. consolidated Jan 12, 1945, under charter and title of the latter bank (No. 13639). The consolidated bank at date of consolidation had Safe Deposit Bank of Pottsville, Pa., with and The Pennsylvania National Bank and Trust Company of Pottsville, Pa. (No. 1663), which had consolidated April 7, 1945, under the charter and title of the latter bank (No. 1663). The consoli- dated bank at date of consolidation had The Appleton National Bank of Lowell, Mass. (No. 986), with and Middlesex County National Bank, Everett, Mass. (No. 614), which had consolidated June 16, 1945, under the charter and title of the latter bank (Nou.614). The consoli- dated bank at date of consolidation had. The Lawrence Park National Bank, Lawrence Park, Pa. (No. 13371), with.. and The First National Bank ot Erie, Pa. (No. 12), which had consolidated June 30, 1945, under the charter and title of the latter bank (No. 12). The consoli- dated bank at date of consolidation had The Blackstone Canal National Bank of Providence, R. I. (No. 1328), with and The Providence National Bank, Providence, R. I. (No. 1302), which had.. consolidated Oct. 13, 1945, under the charter and title of the latter bank (No. 1302). The consoli- dated bank at date of consolidation had Commercial National Bank of Paterson, N. J. (No. 14321), with and The Second National Bank of Paterson, N. J. (No. 810), which had consolidated Nov. 30, 1945, under the charter and title of the latter bank (No. 810). The consoli- dated bank at date of consolidation had Guardian Trust Company of Houston, Tex., with.. and The Second National Bank of Houston, Tex. (No. 8645), which had consolidated Dec. 29, 1945, under the charter and title of the latter bank (No. 8645). The consoli- dated bank at date of consolidation had Capital stock $1,500,000 60,000,000 60,000,000 200,000 200,000 300,000 300,000 700,000 1,000,000 50,000 1,000,000 1,050,000 500,000 1,500,000 2,000,000 200,000 1,500,000 1,500,000 600,000 2,500,000 / 3,250,000 Surplus $300,000 60,000,000 60,000,000 27,168 425,000 500,000 300,000 700,000 1,000,000 50,000 1,000,000 1,050,000 1,000,000 2,250,000 3,250,000 150,000 1,050,000 1,050,000 600,000 2,500,000 3,250,000 Undivided profits $413,437 18,087,606 16,366,323 33,533 105,175 136,880 205,576 425,529 631,105 13,944 426,345 440,289 166,247 775,054 700,000 58,058 644,842 1,039,406 1,319, 243 Total $2,459, 536 2,658,304,861 2, 591,825, 531 3,950,846 7,058,228 10,753,852 10,354,630 28,226, 814 38,581,444 2,446,775 42,834,831 44,948,609 16,605,369 49,769,051 66,374,420 7,852,097 39,484,727 47,336,823 28,563,822 140,898,555 169,462,372 NOTI: No preferred stock involved in the above table. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1945

Transcript of 56050_1945-1949

  • 26 REPORT OF THE COMPTROLLER OF THE CURRENCY

    TABLE NO. 5.National banks reported in voluntary liquidation during theyear ended Dec. 31, 19%5, the names, where known, of succeeding banksin cases of succession, with date of liquidation and capitalContinued

    Name and location of bank

    The Otselic Valley National Bank of South Otselic, N. Y. (7774),absorbed by The National Bank and Trust Company of Nor-wich, N. Y

    The Citizens National Bank of Lancaster, N. Y. (11912), ab-sorbed by Manufacturers and Traders Trust Company of Buf-

    The First National Bank of Loomis, Nebr. (5419), succeeded byFirst State Bank of Loomis.. . , 1

    The Bethel National Bank, Bethel, Me. (7613), absorbed byCasco Bank & Trust Company, Portland, M e . . .

    Palo Alto National Bank, Palo Alto, Calif. (13212), absorbed byThe Anglo California National Bank of San Francisco, Calif-.

    The First National Bank of Rocky River, Ohio (12347), absorbedby The National City Bank of Cleveland, Ohio _

    The Union National Bank of Waynesburg, Pa. (13873), absorbedby First National Bank and Trust Company of Waynesburg-.

    Total (43 banks)

    Date ofliquidation

    Oct. 15, 1945

    Oct. 31, 1945Nov. 8, 1945Nov. 17, 1945Nov. 17, 1945Nov, 17, 1945Dec. 19,1945

    Capital

    Common

    $50,000

    ^43,91325,00025,000

    150,000200,000200,000

    2,913,413

    Preferred

    $11,087

    599,5871 With 1 branch in Waltham.

    TABLE NO. 6.National and State banks consolidated during the year endedDec. SI, 1945, under act Nov. 7, 1918, as amended

    Continental National Bank and Trust Company ofChicago, 111. (No. 2894), with. __

    and-Continental Illinois National Bank and TrustCompany of Chicago, 111. (No. 13639), which had.

    consolidated Jan 12, 1945, under charter and titleof the latter bank (No. 13639). The consolidatedbank at date of consolidation had

    Safe Deposit Bank of Pottsville, Pa., withand The Pennsylvania National Bank and Trust

    Company of Pottsville, Pa. (No. 1663), whichhad

    consolidated April 7, 1945, under the charter andtitle of the latter bank (No. 1663). The consoli-dated bank at date of consolidation had

    The Appleton National Bank of Lowell, Mass. (No.986), with

    and Middlesex County National Bank, Everett,Mass. (No. 614), which had

    consolidated June 16, 1945, under the charter andtitle of the latter bank (Nou.614). The consoli-dated bank at date of consolidation had.

    The Lawrence Park National Bank, Lawrence Park,Pa. (No. 13371), with. .

    and The First National Bank ot Erie, Pa. (No. 12),which had

    consolidated June 30, 1945, under the charter andtitle of the latter bank (No. 12). The consoli-dated bank at date of consolidation had

    The Blackstone Canal National Bank of Providence,R. I. (No. 1328), with

    and The Providence National Bank, Providence,R. I. (No. 1302), which had . .

    consolidated Oct. 13, 1945, under the charter andtitle of the latter bank (No. 1302). The consoli-dated bank at date of consolidation had

    Commercial National Bank of Paterson, N. J. (No.14321), with

    and The Second National Bank of Paterson, N. J.(No. 810), which hadconsolidated Nov. 30, 1945, under the charter and

    title of the latter bank (No. 810). The consoli-dated bank at date of consolidation had

    Guardian Trust Company of Houston, Tex., w i t h . .and The Second National Bank of Houston, Tex.(No. 8645), which hadconsolidated Dec. 29, 1945, under the charter and

    title of the latter bank (No. 8645). The consoli-dated bank at date of consolidation had

    Capitalstock

    $1,500,00060,000,000

    60,000,000200,000

    200,000

    300,000

    300,000

    700,000

    1,000,000

    50,000

    1,000,000

    1,050,000

    500,000

    1,500,000

    2,000,000

    200,000

    1,500,000

    1,500,000600,000

    2,500,000/

    3,250,000

    Surplus

    $300,00060,000,000

    60,000,00027,168

    425,000

    500,000

    300,000

    700,000

    1,000,000

    50,000

    1,000,000

    1,050,000

    1,000,000

    2,250,000

    3,250,000

    150,000

    1,050,000

    1,050,000600,000

    2,500,000

    3,250,000

    Undividedprofits

    $413,43718,087,606

    16,366,32333,533

    105,175

    136,880

    205,576

    425,529

    631,105

    13,944

    426,345

    440,289166,247775,054

    700,00058,058

    644,8421,039,406

    1,319, 243

    Total

    $2,459, 5362,658,304,861

    2, 591,825, 5313,950,846

    7,058,228

    10,753,852

    10,354,630

    28,226, 814

    38,581,444

    2,446,775

    42,834,831

    44,948,609

    16,605,369

    49,769,051

    66,374,420

    7,852,097

    39,484,727

    47,336,82328,563,822

    140,898,555

    169,462,372N O T I : No preferred stock involved in the above table.

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

    1945

  • REPORT OF T H E COMPTROLLER OF T H E CURRENCY 25TABLE N O . 5.National banks reported in voluntary liquidation during the year

    ended Dec. 81, 1946, the names, where known, of succeeding bands in cases ofsuccession, with date of liquidation and capitalContinued

    Name and location of bank Date ofliquidationCapital

    Common Preferred

    The First National Bank of New Hartford, N. Y. (11785), ab-sorbed by The Oneida National Bank and Trust Companyof Utica, N. Y_ . . . -

    The Douglas National Bank, Douglas, Wyo. (8087)Cherry Creek National Bank, Cherry Creek, N. Y. (14078), ab-

    sorbed by The National Chautauqua County Bank of James-town, N. Y

    The First National Bank of Winslow, Ariz. (12581), absorbed byThe Valley National Bank of Phoenix, Ariz

    The Pocomoke City National Bank, Pocomoke City, Md. (4191),absorbed by County Trust Company of Maryland, Cam-bridge, Md

    The First National Bank of Lewiston, Idaho i (2972), absorbedby First Security Bank of Idaho, National Association, Boise,Idaho.

    First National Bank in Painesville, Ohio (14232), absorbed byThe Cleveland Trust Co., Cleveland, Ohio

    The Nebraska City National Bank, Nebraska City, Nebr. (1855).The National Bank of Lakota, N . Dak. (5455), succeeded by

    State Bank of Lakota --The First National Bank of Grantsburg, Wis. (8444), absorbed

    by First Bank of Grantsburg _The First National Bank in Mayville, Wis. (14059), absorbed by

    State Bank of MayvilleThe Erie National Bank of Philadelphia, Pa.* (13032), absorbed

    by The Pennsylvania Company for Insurance on Lives andGranting Annuities, Philadelphia

    The National Bank of Claysville, Pa. (4255), absorbed by TheCitizens National Bank of Washington, Pa

    The Columbia National Bank of Washington, D. C. (3625), ab-sorbed by American Security and Trust Company, Washington.

    The First National Bank of Union City, N. J.2 (9544), absorbedby Hudson Trust Company, Union City

    The First National Bank of Walla Walla, Wash. (2380), absorbedby Seattle-First National Bank, Seattle, Wash

    The Columbia National Bank of Dayton, Wash. (2772), absorbedby Seattle-First National Bank, Seattle, Wash

    July 1,1946July 13,1946

    July 2,1946July 20,1946

    Aug. 5,1946

    Aug. 31,1946Sept. 9,1946Oct. 1,1946

    Sept. 9,1946

    Oct. 15,1946

    Nov. 16,1946

    Nov. 23,1946

    Nov. 25,1946

    Nov. 30,1946

    Dec. 14,1946

    Dec. 16,1946

    Dec. 16,1946

    Total (35 banks) .

    $75,00050,000

    50,000

    50,000

    50,000

    300,000

    120,000100,000

    37,500

    45,000

    26,000

    750,000

    50,000

    250,000

    100,000

    150,000

    50,000

    4,211,000

    $24,000

    200,000

    324,000

    * With 3 branches.With 1 branch.

    TABLE NO. 6.National and State banks consolidated during the year ended Dec.SI, 1946, under act Nov. 7, 1918', as amended

    The South Texas National Bank of San Antonio,Tex. (No. 14179), with __.

    and The Alamo National Bank of San Antonio,Tex. (No. 4525), which had

    consolidated Mar. 1, 1946, under the charter andtitle of the latter bank (No. 4525). The con-solidated bank at date of consolidation had

    Second Trust Company, Richmond, Ind., withand The Second National Bank of Richmond, Ind.(No. 1988), which hadconsolidated Mar. 9, 1946, under the charter and

    title of the latter bank (No. 1988). The con-solidated bank at date of consolidation had.

    The State National Bank of Houston, Tex. (No.12070), with .._

    and First National Bank in Houston, Tex. (No.13683), which had

    consolidated May 4, 1946, under the charter andtitle of the latter bank (No. 13683). The con-solidated bank at date of consolidation bad _.

    Includes $500,000 preferred stock.

    Capitalstock

    $300,0001 1,200,000

    i 1,750,000150,000300,000

    400,0001,000,0003,500,000

    5,500,000

    Surplus

    $300,000700,000

    1,250,00015,000

    400,000

    600,000450,000

    3,000,000

    2,500,000

    Undividedprofits

    $275,766804,317

    580,08261,207

    462,746

    388,953214,334

    770, 588

    914,922

    Totalassets

    $16,437,32872,075,299

    88, 512,626277,439

    30,344,098

    30,621,53638,554,448

    167,418,822

    205,953,270

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

    1946

  • 26 REPORT OF THE COMPTROLLER OF THE CURRENCYTABLE N O . 6.National and State banks consolidated during the year ended Dec.

    Sly 1946, under act Nov. 7, 1918, as amendedContinued

    The Farmers State Bank, Converse, Ind., with.and The First National Bank of Con verse, Ind.(No. 11671), which had.consolidated May 8, 1946, under the charter of the

    latter bank (No. 11671) and title ''First-FarmersNational Bank." The consolidated bank at dateof consolidation had

    The First State and Savings Bank of HowellMichigan, with

    and First National Bank in Howell, Mich. (No.14144), which had

    consolidated May 15, 1946, under the charter andtitle of the latter bank (No. 14144). The con-solidated bank at date of consolidation had

    The Citizens Savings Bank Company, Upper San-dusky, Ohio, with

    and First National Bank of Upper Sandusky, Ohio(No. 90), which had...consolidated May 18, 1946, under charter of the

    latter bank (No. 90) and title "The First CitizensNational Bank of Upper Sandusky." The con-solidated bank at date of consolidation had

    The Paterson National Bank, Paterson, N. J. (No.4072), with

    and The First National Bank of Paterson, N. J.(329), which had . _ -consolidated May 31,1946, under the charter of the

    latter bank (No. 329) and title "First PatersonNational Bank and Trust Company." The con-solidated bank at date of consolidation had

    First Trust and Savings Bank of Peoria, 111., with...and The First National Bank of Peoria, 111. (No.

    176), which hadconsolidated June 15, 1946, under the charter and

    title of the latter bank (No. 176). The con-solidated bank at date of consolidation had

    The Minnesota National Bank of Duluth, Minn.(No. 11810), with -.and The Northern National Bank of Duluth, Minn.(No. 9327), which hadconsolidated June 19, 1946, under charter of the

    latter bank (No. 9327) and title "Northern Min-nesota National Bank of Duluth." The con-solidated bank at date of consolidation had

    Peoples-Pittsburgh Trust Company, Pittsburgh, Pa., with.and First National Bank at Pittsburgh, Pa.(No. 252), which had : . . .consolidated July 1, 1946, under the charter of the

    latter bank (No. 252) and title "Peoples FirstNational Bank & Trust Company. The consoli-dated bank at date of consolidation had

    The Citizens Bank, Conover, N. C, withThe Shuford National Bank of Newton, N. C. (No.

    6075), withand The First National Bank of Hickory, N. C.(No. 4597), which had consolidated July 1, 1946, under the charter of the

    last named bank (No. 4597) and title "FirstNational Bank of Catawba County." The con-solidated bank at date of consolidation had

    First National Bank of Reading, Mass. (No. 13796),with

    and Middlesex County National Bank, Everett,Mass. (No. 614), which had

    eonsolidated July 12, 1946, under the charter andtitle of the latter bank (No. 614). The consoli-dated bank at date of consolidation had

    The Greenville National Bank, Greenville, Pa. (No.2251), with .

    and The First National Bank of Greenville, Pa.(No. 249), which had....consolidated Aug. 31, 1946, under the charter and

    title of the latter bank (No. 249). The consoli-dated bank at date of consolidation had

    Capitalstock

    $25,00050,000

    50,000

    62,250

    50,000

    112, 250

    37,500

    78,750

    175,000

    600,000

    680,000

    2,000,000200,000

    660,000

    660,000

    400,000

    1,000,000

    1,500,0006,000,000

    6,000,000

    11, 658,46025,000

    100,000

    500,000

    668,750

    100,000

    1,000,000

    1,050,000

    135,000

    175,000

    350,000

    Surplus

    $25,00011,600

    50,000

    22,000

    18,000

    40,000

    54,000

    78,750

    175,000

    1,800,000

    1,320,000

    2,000,000

    1, 200,000

    1,200,000

    215,000

    500,000

    750,0009,000,000

    6,000,000

    12,000,00075,000

    92,000

    500,000

    668, 750

    87,000

    1,000,000

    1,100,000

    128,977

    175,000

    300,000

    Undividedprofits

    $23,0988,324

    30,52217,854.9,942

    29, 23618,69883,823

    51,358477,378491,798

    1,369,17563,965

    655, 728

    919,693164,810490, 559

    520, 3683,127, 1113, 770, 366

    5,193,00048,01528,278

    177,466

    211, 25813,137

    1,158,328

    1, 208,46511,80218, 961

    68,961

    Totalassets

    $1,434,9361,704,343

    3,138,7161,583,8721,867,741

    3,580,8122,513,1533,985,775

    6, 665, 89637,639,90847,019,279

    84, 659,187264, 739

    35, 591, 592

    35, 844, 36916,112,90431,150,854

    47, 263, 758228,351,347153, 946,617

    376,811,7002,670,3774,190,612

    21,475,375

    28,109, 7434,180,976

    44,696, 594

    48,877, 5715,129.7425,850,842

    10,944,977

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

    1946

  • REPORT OP THE COMPTROLLER OF THE CURRENCY 27TABLE NO 6.National and State banks consolidated during the year ended Dec.

    31, 1946, under act Nov. 7, 1918, as amendedContinued

    Capitalstock

    $100,000300,000

    800,000

    125,000

    125,000

    300,0001, 500,000

    7, 500,000

    60,100,000

    50,000

    500,000

    750,000750, 000

    500, 000

    1,000,000

    Surplus

    $250,000

    300,000

    300,000

    200,000

    125,000

    300,000108, 500,000

    40, 000,000

    90,000,000

    150,000

    600,000

    750,000250,000

    500,000

    1,000, 000

    Undividedprofits

    $106,782191,206

    147,987

    91,114

    72,084

    138,19923,109,455

    11,939,851

    34,999, 306

    72, 651

    363,380

    224,825229, 465

    136,317

    365, 781

    Totalassets

    $8,303,09317,045,586

    25,348,6783,114,2974, 645,477

    7, 759, 774609,915,110556,107,079

    1,155,912, 9662, 688,804

    17,096,020

    19, 785, 6857,015,118

    16,989, 516

    23, 793, 275

    Clayton National Bank, Clayton, Mo. (No. 13481),with

    and St. Louis County National Bank, Clayton,Mo. (No. 14528), which had

    consolidated Aug. 31, 1946, under the charter andtitle of the latter bank (No. 14528). The consoli-dated bank at date of consolidation had

    The Citizens National Bank of Lewistown, Pa. (No.52S9),with

    and The Mifflin County National Bank of Lewis-town, Pa. (No. 1579), which had

    consolidated Sept. 14,1946, under the charter of thelatter bank (No. 1579) and title "The First Na-tional Bank of Lewistown." The consolidatedbank at date of consolidation had

    The Union Trust Company of Pittsburgh, Pa., with_and Mellon National Bank, Pittsburgh, Pa. (No.

    6301), which hadconsolidated Sept. 23,1946, under the charter of the

    latter bank (No. 6301) and title "Mellon NationalBank and Trust Company." The consolidatedbank at date of consolidation had

    The National Bank of New Berlin, N . Y. (No. 10199),with

    and The National Bank and Trust Company ofNorwich, N. Y. (No. 1354), which had

    consolidated Dec. 21, 1946, under the charter andtitle of the latter bank (No. 1354). The consoli-dated bank at date of consolidation had

    Liberty Trust Bank, Roanoke, Va., with _and The Colonial-American National Bank of

    Roanoke, Va. (No. 11817), which hadconsolidated Dec. 31, 1946, under the charter and

    title of the latter bank (No. 11817). The consoli-dated bank at date of consolidation had

    TABLE N O . 7.Number of domestic branches of national banks authorized duringthe year ended Dec. 31, 1946

    Char-terNo.

    3185

    14324

    24911093130509174

    13044

    720

    4107

    ' 144441668

    Title and location

    ALARAMA

    The First National Bank of Birmingham_ARIZONA

    The Valley National Bank of PhoenixCALIFORNIA

    Security-First National Bank of Los AngelesThe American National Bank of San BernardinoThe First National Trust and Savings Bank of San DiegoThe Anglo California National Bank of San Francisco,Bank of America National Trust and Savings Association,

    San Francisco

    CONNECTICUT

    The Home National Bank of MeridenDISTRICT OF COLUMBIA

    The National Capital Bank of Washington _IDAHO

    First Security Bank of Idaho, National Association, BoiseThe Idaho First National Bank, Boise

    Branches authorized under actFeb. 25,1927, as amended

    Local

    1

    1

    1

    1

    Otherthanlocal

    1

    3

    2121

    5

    1

    41

    Total

    1

    4

    3121

    5

    1

    1

    51

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

    1946

  • 26 REPORT OF THE COMPTROLLER OF THE CURRENCYTABLE NO. 6.National and State banks consolidated during the year ended Dec.

    31, 1947, under act Nov. 7, 1918, as amended

    Capitalstock Surplus

    Undividedprofits

    Total

    Vassar Bank, Arlington, Poughkeepsie, N. Y., withand The First National Bank of Poughkeepsie, N. Y.(No. 465), which hadconsolidated Feb. 15,1947, under charter and title of

    the latter bank (No. 465). The consolidated bankat date of consolidation had

    Farmers and Merchants Savings Bank of Oakland,Calif., with

    and Crocker First National Bank of San Francisco,Calif. (No. 1741), which had..

    consolidated Feb. 28,1947, under charter and title ofthe latter bank (No. 1741). The consolidated bankat date of consolidation had _

    Maynard Trust Company, Maynard, Mass., withand Middlesex County National Bank, Everett,

    Mass. (No. 614), which had. . . . . .consolidated Mar. 1, 1947, under charter and title of

    the latter bank (No. 614). The consolidated bankat date of consolidation had

    The Kansas Trust Company, Kansas City, Kans., with.and The Commercial National Bank of Kansas City,

    Kans. (No. 6311), which had....consolidated Apr. 30,1947, under charter and title of

    the latter bank (No. 6311). The consolidated bankat date of consolidation had

    First Trust Company, Miami, Fla., with _'._American National Bank of Miami, Fla (No. 14472),

    withand The First National Bank of Miami, Fla. (No.

    6370), which hadconsolidated June 14,1947, under charter and title of

    the last named bank (No. 6370). The consolidatedbank at date of consolidation had.

    The Peoples Bank of Delphos, Ohio, withand The Old National Bank of Delphos, Ohio (No.

    12196), which hadconsolidated June 28,1947, under charter of the latter

    bank (No. 12196> and title "The Peoples NationalBank of Delphos". The consolidated bank at dateof consolidation had

    The Bank of Elkton, Incorporated, Elkton, Va., with..and The People's National Bank of Charlottesville,

    Va. (No. 2594), which ha4consolidated July 30,1947, under charter of the latter

    bank (No. 2594) and title "The Peoples NationalBank of Charlottesville". The consolidated bankat date of consolidation had.

    The First National Bank of Dover, Ohio (No. 4331),with

    and The Exchange National Bank of Dover, Ohio(No. 4293), which had ._consolidated Aug. 16,1947, under charter of the latter

    bank (No. 4293) and title "The National Bank ofDover". The consolidated bank at date of consoli-dation had

    Somerville Trust Company, Somerville, Mass., with...and Middlesex County National Bank, Everett,

    Mass. (No. 614), which hadconsolidated Oct. 31, 1947, under charter and title of

    the latter bank (No. 614). The consolidated bankat date of consolidation had

    Citizens Trust and Savings Bank of Evansville, Ind.,with

    and The Citizens' National Bank of Evansville, Ind.(No. 2188), which hadconsolidated Dec. 1,1947, under charter of the latter

    bank (No. 2188) and title "The Citizens NationalBank of Evansville". The consolidated bank atdate of consolidation had

    First Security Trust Company, Hickory, N. C, with..and First National Bank of Catawba County, Hick-

    ory, N. C. (No. 4597), which hadconsolidated Dec. 30,1947, under charter and title of

    the latter bank (No. 4597). The consolidated bankat date of consolidation had

    $75,000500,000

    567,500

    300,000

    6,000,000

    6,000,000100,000

    1,050,000

    1,100,000100,000

    750,000

    850,000100,000

    500,00*0

    3,000,000

    4,000,00050,000

    75,000

    200,00025,000

    1,000,000

    1,025,000

    100,000

    100,000

    250,000200,000

    1,100,000

    1,320,000

    100,000

    500,000

    600,00062,500

    668,750

    700,000

    $75,000500,000

    567,500

    400,000

    10,000,000

    10,000,00087,036

    1,100,000

    1,200,00050,000

    450,000

    550,000100,000

    500,000

    700,000

    1,500,00032,750

    75,000

    200,00075,000

    1,000,000

    1,075,000

    75,000

    100,000

    250,000200,000

    1,400,000

    1,500/000100,000

    600,000

    700,00062,500

    668,750

    700,000

    $20,389338,887

    374,276

    294, 590

    7,151,513

    6,770,48395,726

    1,197,410

    1,330,171 .133,256

    351,112

    434,368177,898

    625,968

    1,185, 212

    1,350,3787,867

    35,799

    65,36721,320

    673,853

    695,173

    10,973

    107,519

    100,000366, 565

    1,180,700

    1,627,265

    140,829

    963,206

    1,104,035117,206

    387,974

    $2,633,63520,565,313

    23,198,948

    29,497,810

    300,868,027

    327,162, 2923,604,619

    44,417, 272

    47,979,391283, 256

    36,248,997

    36,339,478834, 916

    35,363,299

    106, 742,413

    140, 720,1652,023,199

    4,151,821

    6,175,0201,640,246

    25,925,387

    27, 565,628

    2,455,902

    3,488,883

    8, 625,13214, 705,359

    50,224,733

    64,930,092

    2,968,415

    44,424,444

    46,768,961285,303

    25,473,443

    25,869,818

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

    1947

  • REPORT OF THE COMPTROLLER OF THE CURRENCY 27

    TABLE NO. 6.National and State banks consolidated during the year ended Dec. 31,1948, under act Nov. 7, 1918, as amended

    The First National Bank of Salt Lake City, Utah(No. 2059), withand First Security Bank of Utah, National Asso-

    ciation, Ogden, Utah (No. 2597), which had__consolidated Apr. 30, 1948, under charter and

    title of the latter bank (No. 2597). The con-solidated bank at date of consolidation had

    Miners and Merchants Bank, Charleston, S.C. withand The First National Bank of Columbia, S.C.(No. 13720), which hadconsolidated May 31, 1948, under charter of the

    latter bank (No. 13720) and title "The FirstNational Bank of South Carolina of Columbia".The consolidated bank at date of consolidationhad

    Industrial National Bank of Chicago, 111. (No.14442), with ^

    and Chicago Terminal National Bank, Chicago,111. (No. 13659), which had

    consolidated July 3, 1948, under charter of thelatter bank (No. 13659) and title "ChicagoNational Bank". The consolidated bank atdate of consolidation had

    The Westminster Savings Bank, Westminster,Md., with

    The Farmers and Mechanics National Bank ofWestminster, Md. (No. 1526), with

    and The First Natipnal Bank of Westminster,Md. (No. 742), which had

    consolidated Sept. 30, 1948, under charter of thelast-named bank (No. 742) and title "CarrollCounty National Bank of Westminster". Theconsolidated bank at date of consolidation had_

    Webster and Atlas National Bank of Boston, Mass.(No. 1527), withand The National Rockland Bank of Boston,

    Mass. (No. 615), which hadconsolidated Oct. 15, 1948, under charter of the

    latter bank (No. 615) and title "Rockland-Atlas National Bank of Boston". The con-solidated bank at date of consolidation had

    The Second National Bank of Paterson, N. J. (No.810), with

    and First Paterson National Bank and TrustCompany, Paterson, N. J. (No. 329) which had.

    l i d t d O t 29 1948 d h t f thC o p a y , a e s , N. J. (No. 39) w

    consolidated Oct. 29, 1948, under charter of thelatter bank (No. 3*29) and title "First NationalBank and Trust Company of Paterson". Theconsolidated bank at date of consolidation had.

    The Fountain Square State Bank, Indianapolis,Ind., with

    and The Merchants National Bank of Indiana-polis, Ind. (No. 869), which had

    consolidated Nov. 17, 1948, under charter andtitle of the latter bank (No. 869). The con-solidated bank at date of consolidation had

    $1

    Capitalstock

    000,000

    200,000

    ,000,00050,000

    300,000

    500,000

    1,000,000

    750,000

    13,250,000

    100,000

    100,000

    125,000

    400,000

    1,000,000

    1,500,000

    2,225,000

    1,500,000

    2,000,000

    3,000,000

    100,000

    1,250,000

    2,025,000

    Surplus

    $1,500,000

    1,800,000

    ,000,00040,000

    300,000

    300,000

    1,250,000

    650,000

    1,500,000

    200,000

    250,000

    150,000

    550,000

    1,000,000

    2,500,000

    3,775,000

    1,500,000

    2,000,000

    3,000,000

    100,000

    2,000,000

    2,100,000

    Undividedprofits

    $1,065,8461,894,519

    2,460,36522,144

    244,236

    248,6471,254,140

    412,826

    692,66940,61540,12239,024

    71,324331,506690,449

    1,117,013616,096

    2,056,855

    3,023,447176,036

    2,965,799

    2,466,835

    Totalassets

    $57,454,66168,810,600

    134,083,6441,001,000

    17,881,434

    18,886,41725,251,51236,958,451

    62,301,4416,138,9764,878,1553,430,056

    14,423,750

    33,254,722

    59,330,888

    92,364,868

    49,855,813

    78,108,951

    127,964,765

    10,139,970

    123,655,453

    133,795,423

    i Includes $1,500,000 of preferred capital stock.

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

    1948

  • KEPOKT OF THE COMPTROLLER OF THE CURRENCY 25

    TABLE NO. 7National and State banks consolidated during the year ended Dec. 31,1949, under act Nov. 7,1918, as amended

    Capitalstock Surplus

    Undividedprofits Total

    Capital National Bank in Jackson, Miss. (No.13708), with

    and The Jackson-State National Bank, Jack-son, Miss. (No. 10523), which had

    consolidated Feb. 22, 1949, under charter of thelatter bank (No. 10523) and title "First Na-tional Bank of Jackson." The consolidatedbank at date of consolidation had

    The Abington National Bank of Clark's Summit,Pa. (No. 10383), with

    and The First National Bank of Scranton, Pa.(No. 77), which hadconsolidated Mar. 31, 1949, under charter and

    title of the latter bank (No. 77). The con-solidated bank at date of consolidation had--

    The Waverly Savings Bank, Waverly, Iowa, with.and The First National Bank of Waverly, Iowa(No. 3105), which hadconsolidated May 31, 1949, under charter and

    title of the latter bank (No. 3105). The con-solidated bank at date of consolidation had

    Merchants and Newark Trust Company of New-ark, N. J., with

    * and The National State Bank of Newark, N. J.(No. 1452), which hadconsolidated June 17, 1949, under charter and

    title of the latter bank (No. 1452). The con-solidated bank at date of consolidation had__

    The First National Bank of Hartford, Conn. (No.121), with

    and Hartford National Bank and Trust Com-pany, Hartford, Conn. (No. 1338), which had_

    consolidated July 15, 1949, under charter andtitle of the latter bank (No. 1338). The con-solidated bank at date of consolidation had_-

    The Clifton National Bank, Clifton, N. J. (No.12690), with

    and Passaic National Bank and Trust Com-pany, Passaic, N. J. (No. 12205), which had__

    consolidated Aug. 19, 1949, under charter of thelatter bank (No. 12205) and title "Passaic-Clifton National Bank and Trust Company."The consolidated bank at date of consolida-tion had

    The Phoenix Savings Bank & Trust Company,Phoenix, Ariz., with

    and "First National Bank of Arizona, Phoenix,"Ariz. (No. 3728), which had

    consolidated Oct. 31, 1949, under charter andtitle of the latter bank (No. 3728). The con-solidated bank at date of consolidation had

    The First National Bank of Merrick, N. Y. (No.12503), with

    and The First National Bank and Trust Com-pany of Freeport, N. Y. (No. 7703), which had_

    consolidated Nov. 18, 1949, under charter of thelatter bank (No. 7703) and title "The Is-land National Bank of Freeport."1 The con-solidated bank at date of consolidation had._.

    $600,000

    500,000

    1,100,000

    50,000

    4,050,000

    4,185,000100,000

    75,000

    200,000

    2,500,000

    1,000,000

    1,500,000

    1,150,000

    4,000,000

    5,150,000

    200,000

    2,000,000

    2,250,000

    247,500

    1,100,000

    1,430,000

    300,000

    215,000

    750,000

    $1,000,000

    800,000

    1,800,000

    80,000

    4,050,000

    4,185,00050,000

    125,000

    100,000

    1,500,000

    4,500,000

    6,500,000

    1,150,000

    4,000,000

    5,150,000

    205,000

    2,000,000

    2,250,000

    247,500

    1,625,000

    2,000,000

    300,000

    200,000

    750,000

    $69,697

    35,391

    110,971

    30,799

    1,430,068

    1,291,59322,085

    46,870

    63,525

    2,218,686

    711,137

    1,429,823

    330,066

    2,969,498

    3,310,908

    262,264

    2,185,135

    2,352,453

    594,289

    997,813

    1,382,101

    164,004

    145,367

    324,372

    $36,339,517

    33,910,383

    70,249,900

    2,321,027

    98,924,545

    101,111,6762,853,445

    3,111,150

    5,939,006

    38,595,931

    76,164,699

    114,760,630

    21,860,544

    151,675,508

    173,536,052

    13,190,124

    88,375,478

    101,417,849

    11,907,721

    75,587,592

    87,129,892

    11,371,246

    12,347,141

    23,718,386

    1 Title changed Nov. 21, 1949 to "The Meadowbrook National Bank of Freeport."

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

    1949