What did First National Bank turn into?

Q: What bank took over First National Bank?

About Howard Bancorp, Inc. FNBs 2022 merger with Baltimore, Maryland-based Howard Bancorp, Inc. deepened the Companys presence in the dynamic Mid-Atlantic Region.

1852

Initially incorporated as The People's Bank in 1852, our institution was established by several prominent business owners in the twin villages of Damariscotta and Newcastle. On May 30, 1864 the bank was chartered by the US Treasury as The First National Bank of Damariscotta.

Table of Contents Show

What is First National Bank called now?
What bank took over First National Bank?
Did First National Bank get bought out?
What happened to the First National Bank?

1888

Further up the coast, The First National Bank of Bar Harbor was organized in 1888, also by a group of notable business leaders – a hard-working bank built on strong community values. By 1991, the bank recorded nearly $96,000,000 in total assets; in 2004, First National had seven branches, from Blue Hill to Calais.

2005

On January 14, 2005, The First National Bank of Damariscotta and The First National Bank of Bar Harbor combined their strong deposit and lending forces into one financial institution, becoming the third largest bank headquartered in Maine, with combined assets of more than $675 million.

Today

Today First National Bank has assets exceeding $2.5 billion and serves Maine from our 18 branches. Our hard-working staff is all in on you and love to have you visit. If you are banking on the go, we also offer a variety of electronic services to meet your needs.

Now, long since our modest beginnings, we still stand strong as an independent bank, while serving the community much wider than the twin villages of Damariscotta and Newcastle. Yet local ownership remains as essential to our mission today as it was for the beginning founders doing business along the shores of the Damariscotta River many years ago.

Though we have grown substantially through the years, we will always stay committed to our core values of community and customer service. We welcome you to visit any of our locations, meet some of our over 250 employees, and discover all the ways First National Bank wants you to dream first and then go from there. Because you can.

Today, we are the second largest bank based in Pennsylvania by assets and are recognized as a leader in innovation across our growing seven-state footprint.

While there have been many changes since our humble beginnings, our focus on doing what’s right for our customers and communities continues to define us today as it did at our very beginning. Here’s a brief timeline of FNB’s journey from our roots as a largely rural institution to become one of the 50 largest bank holding companies based in the U.S. by total assets.

1864: First National Bank is founded in Greenville, Pennsylvania, as The First National Bank of West Greenville. The Bank operates out of the house of the first Bank President Samuel P. Johnston.
1884: Re-chartered as The First National Bank of Greenville, the bank will remain a fixture in Mercer County through World War I, the Great Depression and World War II.
1946: Assets grow to approximately $2 million.
1974: F.N.B. Corporation is established as a financial services holding company for a growing family of business entities that today includes:
- The Bank
- First National Insurance Agency, established in 1998
- F.N.B. Wealth Management, established in 1998
1992: The Bank becomes First National Bank of Pennsylvania following a successful merger in northwestern Pennsylvania.
2003: F.N.B. Corporation, with assets of $4.6 billion and more than 125 locations, begins trading common shares on the New York Stock Exchange under the ticker symbol “FNB.”
2005: Current Chairman, President and Chief Executive Officer, Vincent J. Delie, Jr., joins FNB as President of the Pittsburgh Region. Delie was named CEO in 2012.
2005-2016: FNB completes 14 acquisitions and achieves top retail deposit share in three major metropolitan statistical areas: Pittsburgh, Pennsylvania; Cleveland, Ohio; and Baltimore, Maryland.
2014: FNB officially moves its corporate headquarters to Pittsburgh from Hermitage, Pennsylvania.
2016: FNB exceeds a milestone $20 billion in assets, making it the second largest bank based in Pittsburgh and across the state of Pennsylvania by assets.
2017: FNB begins serving customers in the Southeastern U.S as it expands into North Carolina and South Carolina through a merger with Yadkin Financial Corporation.
2020: FNB expands its physical branch network to include Washington, D.C. and Virginia, adding to its existing retail and commercial banking presence in the region.
2021: FNB breaks ground on FNB Financial Center, its new headquarters, located in the Hill District of Pittsburgh, PA.
2022: FNB’s 2022 merger with Baltimore, Maryland-based Howard Bancorp, Inc. deepens the Company’s presence in the dynamic Mid-Atlantic Region.

What is First National Bank called now?

New Name. Better Together. Welcome to CapStar Bank.

What bank took over First National Bank?

About Howard Bancorp, Inc. FNB's 2022 merger with Baltimore, Maryland-based Howard Bancorp, Inc. deepened the Company's presence in the dynamic Mid-Atlantic Region.

Did First National Bank get bought out?

About UB Bancorp F.N.B. Corporation and UB Bancorp have announced the signing of a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly owned banking subsidiary, Union Bank. FNB and UB Bancorp expect to complete the merger, which will strengthen FNB's North Carolina presence, in late 2022.

What happened to the First National Bank?

On July 25, 2008, First National Bank of Nevada, Reno, NV, was closed by the Office of the Comptroller of the Currency (OCC). Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.