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THE NAME, LOCATION, AND TOTAL ASSETS OF Each NATIONAL BANK That Has

BEEN MERGED INTO OR CONSOLIDATED WITH ANOTHER BANK SINCE JAN. 1, 1953—

Continued
Purchases of National banks by National and State banks during the year ended

Dec. 31, 1954–Continued
Banks

Total assets Wells Fargo Bank & Union Trust Co., San Francisco, Calif.. $508, 903, 000 The National Bank of Brookville, Pa--

3, 825, 243 DuBois Deposit National Bank, DuBois, Pa.'.

17, 885, 000 First National Bank of Renton, Wash-

6, 335, 306 Seattle-First National Bank, Seattle, Wash.'.

771, 280, 000 Sligo National Bank, Sligo, Pa--

2, 681, 462 The First National Bank of Rimersburg, Pa

3, 187, 916 First Seneca Bank & Trust Co., Oil City, Pa.?.

26, 975, 000 The National Marine Bank of Baltimore, Md_

18, 138, 113 Fidelity-Baltimore National Bank & Trust Co., Baltimore, Md. 242, 652, 000 The Ridley Park National Bank, Ridley Park, Pa-

950, 382 Fidelity-Philadelphia Trust Co., Philadelphia, Pa.'.

275, 895, 000 The First National Bank of Apollo, Pa---

3, 141, 903 Apollo Trust Co., Apollo, Pa.'.

4, 070, 000 The Nassau County National Bank of Rockville Centre, N. Y. 32, 592, 637 The Franklin National Bank of Franklin Square, N. Y.'

196, 664, 000 First National Trust & Savings Bank of Santa Barbara, Calif--- 23, 946, 488 First National Bank of San Jacinto, Calif..

1, 544, 907 The First National Bank of Crows Landing, Calif.

3, 594, 242 The First National Bank of Weed, Calif..

3, 375, 375 First National Bank in Delano, Calif..

15, 220, 226 The First National Bank of Fairfield, Calif..

3,939, 085 The First National Bank of Garden Grove, Calif.

13, 210, 842 The First National Bank of Los Altos, Calif.

9, 849, 887 The First National Bank of Bellflower, Calif_

11, 144, 180 The Temple City National Bank, Temple City, Calif...

8, 314, 543 First National Bank in Turlock, Calif

8, 604, 326 First National Bank in Santa Ana, Calif.

47, 632, 725 First National Bank in Corcoran, Calif..

6, 013, 990 First National Bank of Riverdale, Calif.

2, 130, 327 First Western Bank & Trust Co., San Francisco, Calif.'.

332, 537, 000 The Atlas National Bank of Cincinnati, Ohio.-

50, 843, 293 The First National Bank of Cincinnati, Ohio"

385, 731, 000 The First National Bank of Byesville, Ohio..

1,308, 191 The Central National Bank of Cambridge, Ohio

6, 405, 000 The Silver Spring National Bank, Silver Spring, Md.

558, 107 The Citizens State Bank of Arcade, N. Y..

6, 843, 000 Marine National Bank of Chicago, Ill.

11, 930, 206 Central National Bank in Chicago, ni."

80, 400,000 1 Purchasing bank.

NOTE.--Asset figures for purchasing banks shown to nearest thousand dollars as of Jan. 1, 1954.

THE NAME, LOOATION, AND TOTAL ASSETS OF EACH NATIONAL BANK THAT HAS

BEEN MERGED INTO OR CONSOLIDATED WITH ANOTHER BANK SINCE JAN. 1, 1953—

Continued Purchases of State banks by National banks during the year ended Dec. 31, 1954 Banks

Total assets Grant County State Bank, Ephrata, Wash.

$6, 482, 678 Othello State Bank, Othello, Wash..

992, 947 Magnolia State Bank, Seattle, Wash.

2, 648, 747 Peoples National Bank of Washington, Seattle, Wash.'.

153, 389, 000 Washington Union Trust Co., Washington, Pa..

22, 045, 457 Peoples Bank of California, Pa.-

3, 387, 224 Peoples Bank of Mariana, Pa..

1, 179, 733 Bank of Elizabeth, Pa--

5, 541, 540 Peoples First National Bank & Trust Co., Pittsburgh, Pa..

543, 318, 000 First Silverton Bank, Silverton, Oreg--

5, 156, 327 First Scio Bank, Scio, Oreg-

1, 515, 399 First Seaside Bank, Seaside, Oreg

5, 627, 036 First Sweet Home Bank, Sweet Home, Oreg

4, 009, 187 First Moreland-Sellwood Bank, Portland, Oreg

8, 492, 483 First Corvallis Bank, Corvallis, Oreg-

14, 673, 270 First Monroe Bank, Monroe, Oreg

1, 253, 263 First Carlton Bank, Carlton, Oreg

1, 156, 825 First Ontario Bank, Ontario, Oreg

3, 338, 635 First Yamhill Bank, Yamhill, Oreg

1,571, 786 First State Bank of Waldport, Oreg-

1, 229, 383 The First National Bank of Portland, Oreg.?

751, 476, 000 Oregon State Bank, Brookings, Oreg-

2, 908, 543 Johnston Bros. Bankers, Dufur, Oreg

2, 022, 684 The United States National Bank of Portland, Oreg.-.

715, 847,000 Farmers State Bank, Newport, Wash..

2, 907, 216 The Citizens Bank of Blaine, Wash---

1, 642, 758 The National Bank of Commerce of Seattle, Wash.?.

458, 702, 219 Roselle Park Trust Co., Roselle Park, N. J--

14, 812, 222 The National State Bank of Elizabeth, N. J.'

44, 268, 000 Farmers Bank of Carson Valley, Inc., Minden, Nev.

4, 907, 820 First National Bank of Nevada, Reno, Nev.

177, 224, 000 The McDonald Savings & Trust Co., McDonald, Pa

3, 457, 485 The Bridgeville National Bank, Bridgeville, Pa.-

4, 550, 000 The Rankin Bank, Rankin, Pa--

3,013, 702 Mellon National Bank & Trust Co., Pittsburgh, Pa.?.

1, 821, 671, 000 Northville Bank, Northville, N. Y.

1, 815, 927 The Fulton County National Bank & Trust Co., of Gloversville, N. Y.

12, 947, 000 Bruneau State Bank, Bruneau, Idaho--

984, 492 First Security Bank of Idaho, National Association, Boise, Idaho?

176, 715, 000 Merchants & Miners Bank, Freeburn, Ky-

858, 510 The Matewan National Bank, Matewan, W. Va.'

3, 669, 000 Shiloh Savings Bank Co., Shiloh, Ohio.

1, 960, 770 First National Bank of Mansfield, Ohio ?

59, 752, 000 Bank of Whitesville, Ky--

929, 798 The Owensboro National Bank, Owensboro, Ky.-

23, 865, 000 First Savings Bank, Colusa, Calif_

8,584, 038 The Anglo California National Bank of San Francisco, Calif.'. 790, 805, 000 The Union Licking Bank, Newark, Ohio.

11, 287, 384 The First National Bank of Newark, Ohio ?

8, 890, 000 Hiwasse Bank, Charleston, Tenn--

1, 564, 791 The Cleveland National Bank, Cleveland, Tenn.

7, 933, 000 Bank of Pickens, W. Va---

308, 948 Citizens National Bank of Elkins, W. Va."

5, 148, 000 Marfa State Bank, Marfa, Tex--

1, 840, 437 Marfa National Bank, Marfa, Tex.?

2, 233, 000 Buckeye Valley Bank, Buckeye, Ariz.

2, 649, 737 The Valley National Bank of Phoenix, Ariz,'.

341, 030, 000 The Newton State Bank, Newtown, Ind..

1, 285, 360 The Central National Bank & Trust Co., Attica, Ind..

4, 911, 000 1 Purchasing bank.

NOTE.- Asset figures for purchasing banks shown to nearest thousand dollars as of Jan. 1, 1954.

THE NAME, LOCATION, AND TOTAL ASSETS OF Each NATIONAL BANK THAT HAS

BEEN MERGED INTO OR CONSOLIDATED WITH ANOTHER BANK SINCE JAN. 1, 1953—

Continued National banks merged or consolidated with and into State banks during the

year ended Dec. 31, 1954 Banks

Total assets The First National Bank of Rochester, Pa.

$5, 710, 159 Beaver Trust Co., Beaver, Pa.-

22, 376, 000 The Peoples National Bank of Greenport, N. Y.

1, 687, 932 The North Fork Bank & Trust Co., Mattituck, N. Y.

8, 351, 000 The First National Bank of Chester, Pa--

23, 037, 984 Clifton Heights National Bank, Clifton Heights, Pa..

10, 459, 227 Fidelity-Philadelphia Trust Co., Philadelphia, Pa.-

275, 895, 359 The First National Bank of Dover, Del..

5,093, 078 Equitable Security Trust Co., Wilmington, Del.'.

118, 440, 195 The National Bank of Burlington, N. C--

12, 923, 221 Wachovia Bank & Trust Co., Winston-Salem, N. C.--.

366, 494, 595 The National Branch Bank of Madison, Ind--

5, 727, 737 Madison Safe Deposit & Trust Co., Madison, Ind."

4, 667,000 The Byram National Bank of East Port Chester, Byram, Conn.-- 6, 122, 560 The Greenwich Trust Co., Greenwich Conn.---

36, 429,000 Northwestern National Bank in Philadelphia, Pa.

30, 310, 388 Broad Street Trust Co., Philadelphia, Pa.'.

78, 136, 000 The Gainesville National Bank, Gainesville, N. Y.

612, 895 The Bank of Castile, N. Y.'-

1, 406, 000 The First National Bank of Madison, N. J.-

11, 894, 972 Madison Trust Co., Madison, N. J.

6, 439,000 The Bryn Mawr National Bank, Bryn Mawr, Pa.-

7, 899, 091 The Bryn Mawr Trust Co., Bryn Mawr, N. Y.-

22, 684, 000 1 Acquiring bank.

NOTE.- Asset figures for acquiring bank shown to nearest thousand dollars as of Jan. 1, 1954.

Consolidations of National banks or National and State banks during the 4 THE NAME, LOCATION, AND TOTAL ASSETS OF Each NATIONAL BANK That Has

months ended Apr. 30, 1955

Consolidating banks

Total assets

Combined

assets

$45, 551, 735

13, 477, 187 18, 493, 169

141, 716, 048

3, 287, 284

56, 911, 478

177, 203, 251

42, 405, 114

Port Chester National Bank, Port Chester, N. Y..
First Westchester National Bank of New Rochelle, N. Y.'.
Oak Lawn National Bank of Dallas, Tex.
Industrial National Bank of Dallas, Tex..
The Lehigh National Bank of Catasauqua, Pa.
The National Bank of Catasauqua, Pa.
The University National Bank of Seattle, Wash.
The Pacific National Bank of Seattle, Wash.'
The National Bank of Chester, Vt...
The Windham National Bank of Bellows Falls, Vt.'.
The Babylon National Bank & Trust Co., Babylon, N. Y
First Suffolk National Bank of Huntington, N. Y.'.
The Baldwin

National Bank & Trust Co., Baldwin, N. Y.
The Peoples State Bank of Baldwin, N. Y.
The Meadow Brook National Bank of Freeport, N. Y..
East Petersburg State Bank, East Petersburg, Pa..
The Fulton National Bank of Lancaster, Pa.'.
The Rosyin National Bank & Trust Co., Roslyn, N. Y.
The First National Bank of Mineola, N. Y
The First National Bank of Glen Cove, N. Y.
The Franklin National Bank of Franklin Square, N.
State Bank of Dravesburg, Pa
The First National Bank of McKeesport, Pa...
First National Bank in Westport, Conn.
Connecticut National Bank of Bridgeport, Conn.!
Northern Solano Savings Bank, Dixon, Calif.
The First National Bank of Dixon, Calif..
The West Chester County National Bank of Peekskill, N. Y.
The Crestwood National Bank in Tuckahoe, N. Y.
National Bank of Westchester, White Plains, N. Y.'.
The National City Bank of Long Beach, N. Y.
The Meadow Brook National Bank of Freeport, N. Y."
Bank of New Hyde Park, N. Y.
The Meadow Brook National Bank of Freeport, N. Y..
The Prospect-Citizens Bank, Prospect, Ohio.
The National City Bank of Marion, Ohio".

$2,046, 154
43, 505, 580
7, 680, 536
5, 796, 651
4, 986, 236
13, 506, 933
30, 225, 436
111, 492, 663

649, 959 2, 637, 284 12, 518, 053 44, 393, 424 8,939, 128

9, 167. 392 159, 159, 793

3,012, 195 39, 404, 494 14, 549, 085 13, 078, 048

5, 168, 719 301, 634, 342

3, 342, 200 71, 704, 239

34, 551, 305 2 132, 829, 213

2, 432, 645 3, 126, 370 14,030, 017

3, 538, 485 112, 493, 396

14, 323, 572 179, 053, 952

11, 280, 964 193, 381, 958

? 2, 712, 280 ? 21, 367, 459

334, 430, 234

75, 037, 520

2 137, 380, 518

5, 559, 015

130,061, 898

193, 381, 958 204, 662, 921 2 24,079, 739

1 Continuing bank,

Estimated.

BEEN MERGED INTO OB CONSOLIDATED WITH ANOTHER BANK SINCE JAN. 1, 1953—

Continued Mergers of National banks, or National and State banks, during the 4 months

ended Apr. 30, 1955

[blocks in formation]

Purchases of National banks by National and State banks during the 4 months

ended Apr. 30, 1955 Banks

Total assets Liberty National Bank of Chicago, Ill.

$59, 049, 106 Chicago National Bank, Chicago, Ill."

175, 820, 000 The First National Bank of California, Pa.

3, 487, 940 The First National Bank of McKeesport, Pa.'.

70, 342, 000 The National Bank & Trust Co. of McConnellsville, Pa--

7, 673, 763 The First National Bank of Point Marion, Pa-

2, 532, 243 The Gallatin National Bank of Uniontown, Pa.?

36, 302, 000 The First National Bank of Natrona, Pa---

4, 507, 798 Peoples First National Bank & Trust Co., Pittsburgh, Pa.?

591, 390, 000 Oilfields National Bank in Brea, Calif..

4, 417, 451 California Bank, Los Angeles, Calif.'.

681, 107, 000 Philmont National Bank, Philmont, N. Y.

1, 283, 760 The Farmers National Bank of Hudson, N. Y.

8, 181, 000 The Second National Bank of Boston, Mass.?

180, 080, 582 Second Bank-State Street Trust Co., Boston, Mass.?

216, 958, 000 The Clarion County National Bank of Knox, Pa.

5, 244, 996 Oil City National Bank, Oil City, Pa.'

17, 646, 000 The First National Bank of Shippenville, Pa..

1, 424, 530 First Ceneca Bank & Trust Co., Oil City, Pa.'.

43, 756, 000 The First National Bank of Riverdale, Calif.

2, 130, 327 First Western Bank & Trust Co., San Francisco, Calif.'.

798, 645, 000 Lincoln National Bank of Newark, N. J--

52, 736, 147 The National State Bank of Newark, N. J.'

200, 051, 000 The First National Bank of Bloomingdale, N. J

21, 561, 109 First National Bank & Trust Co. of Paterson, N. J.'.

214, 030, 000 1 Purchasing bank. 2 As of Dec. 31, 1954.

NOTE.--Asset figures for purchasing banks shown to nearest thousand dollars as of Jan. 1, 1955.

THE NAME, LOCATION, AND TOTAL ASSETS OF EACH NATIONAL Bank That Has

BEEN MERGED INTO OR CONSOLIDATED WITH ANOTHER BANK SINCE JAN. 1, 1953– Continued

Purchases of State banks by National banks during the 4 months ended

Apr. 30, 1955
Banks

Total assets C. E. Bingham & Co. State Bank, Sedro Valley, Wash..

$5, 158, 734 Leavenworth State Bank, Leavenworth, Wash.

3, 294, 904 Seattle-First National Bank, Seattle, Wash.'.

814, 565, 000 White Mountain Bank, McNary, Ariz---

3, 293, 000 First National Bank of Arizona, Phoenix, Ariz.?.

162, 159, 000 Willametta Valley Bank, Salem, Oreg

6, 429, 502 Mill City State Bank, Mill City, Oreg-

1, 909, 667 The United States National Bank of Portland, Oreg.

810, 873, 000 The Community Trust Co. of Bloomfield, N. J--

9, 481, 005 The National Newark & Essex Banking Co. of Newark, N. J.'. 247, 623, 000 Kent State Savings Bank, Kent, Iowa--

81, 546 The First National Bank in Creston, Iowa'.

5, 509, 000 Wyoming Bank & Trust Co., Philadelphia, Pa--

12, 167, 434 Central-Penn National Bank of Philadelphia, Pa.-

246, 268, 000 The Suburban Bank, Fair Oaks, Calif.--

4, 159, 689 The Anglo California National Bank of San Francisco, Calif.'. 934, 401, 000

1 Purchasing bank.

NOTE.--Asset figures for purchasing banks shown to nearest thousand dollars as of Jan. 1. 1955.

National banks merged or consolidated with and into State banks during the

4 months ended Apr. 30, 1955 Banks

Total assets The First National Bank of Ardsley, N. Y.

$2, 837, 551 The County Trust Co., White Plains, N. Y.'

283, 086, 000 The First National Bank of Pomona, Calif.

33, 079, 327 California Trust Co., Los Angeles, Calif.'.

2, 250, 000 County First National Bank of Santa Cruz, Calif_

7, 985, 470 County First Savings Bank of Santa Cruz, Calif.?

18, 993, 000 The Public National Bank & Trust Co. of New York, N. Y..

506, 858, 684 Bankers Trust Co., New York, N. Y.'

2, 279, 456, 000 The First National Bank of Perkasie, Pa---

3, 993, 369 The Dublin National Bank of Dublin, Pa--

1, 621, 882 Bucks County Bank & Trust Co., Perkasie Borough, Bucks County, Pa..

4, 887, 000 The Chase National Bank of the City of New York, N. Y. 5, 731, 385, 183 Bank of the Manhattan Co., New York, N. Y.'

1, 668, 200, 000 The Delaware City National Bank, Delaware City, Del..

1, 388, 643 Wilmington Trust Co., Wilmington, Del.'

240, 571, 000 1 Purchasing bank.

Vote. - Asset figures for purchasing bank shown to nearest thousand dollars as of Jan. 1, 1955.

Mr. BROWNELL. Judge Hansen calls my attention to the fact that many of those might have been asset acquisitions where there is no jurisdiction.

The CHAIRMAN. Some of these may not have been subject to his jurisdiction in toto because some of these national banks were conversions into State banks, but in any event the list is most impressive.

Mr. KEATING. Some of them involved asset acquisition; didn't they?

The CHAIRMAN. We are speaking of the general policy of the comptroller who says he will not approve any bank merger coming within his jurisdiction regardless of how accomplished where the effect may be substantially to lessen competition. I just want to reemphasize that the record in my estimation is not good in that regard.

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