The new concept has proven successful for NCNB
, which has $335 million in assets, as it expanded into new markets and accelerated growth.
In 1983, Hugh McColl took over as CEO of NCNB
, upon the retirement of Tom Storrs.
"I played basketball with a guy from North Carolina National Bank (NCNB
A case that stands in stark contrast with Anderson is NCNB
Nat'l Bank, 979 F.2d 1128, 1130 & n.2 (5th Cir.
NationsBank Corp., created by the merger of NCNB
The Washington, D.C.-based NCNB
will change its name to BoardSource along with other alterations including reshaping its Web site to add more content and become more user friendly, said President and CEO Judith O'Connor.
Characteristics of large bank mergers during the 1990s Acquiring bank Targets with assets [greater than] $10 billion Manufacturers Hanover Corporation Chemical Banking Corporation C&S/Sovran Corporation NCNB
Corporation Security Pacific Corporation BankAmerica Corporation Ameritrust Corporation Society Corporation Manufacturers National Corporation Comerica Inc.
, the Court of Appeals for the Fourth Circuit held that costs of developing bank branches (such as expansion plans, feasibility studies, and regulatory applications) were currently' deductible.
Starting out as NCNB
, the bank embarked on an aggressive program of domestic expansion by acquiring First National Bank of Lake City, Florida, in 1982.
As you will recall, it was during this period that NCNB
in North Carolina began to grow rapidly, purchasing banks throughout the Southeast and Texas, and ultimately renaming itself Nationsbank.
became NationsBank, and its relationship with Stephens has lasted 25 years.