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This is our first annual report as SEAFIRST CORPORATION, a one-bank holding company approved by the shareholders a year ago. The new corporation came into existence July 1, 1974 at which time the shareholders received two shares of SEAFIRST CORPORATION stock for each share of Bank stock—a total of
353:
The acquisition was completed in July 1983. In
September 1983, the bank began to use the Seafirst Bank brand for advertising purposes while still keeping Seattle-First National Bank as the legal name for the bank. For the next quarter-century, Seafirst Bank maintained a high degree of autonomy and
350:. Seafirst had acquired a significant share of Penn Square's energy loan debt by participating in loans originated by that bank. Penn Square Bank collapsed in 1982, and the FDIC's decision to pay off only insured deposits rendered the participation assets valueless.
326:, by arguing that it did not have to pay a transfer tax when it converted from a state to a federally chartered bank. In 1970 it was using the name Firstbank. Seafirst Corporation was formed as a bank holding company for the Seattle-First National Bank on July 1, 1974.
750:
North
Carolina-based NationsBank Corp. bought BankAmerica Corp. last year to become a 21-state banking giant and said it would operate everywhere under the BofA name, including Seafirst... This summer it scheduled the name change for Sept.
319:(founded 1889), the bank was originally named First Seattle Dexter Horton National Bank. In 1931, the bank changed its name to First National Bank of Seattle, and again in 1935 to Seattle-First National Bank.
779:
490:"Seattle-First National Bank Family Tree Through December 31, 1969", insert in Shelby Scates, Firstbank: The Story of the Seattle First National Bank (Seattle: North Pacific Bank Note Co., 1970).
338:
announced the pending acquisition of the ailing
Seafirst Corporation for $ 400 million in cash and stock, when Seafirst was at risk of seizure by the federal government after becoming
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nine million shares. At this time, the
Corporation and the Bank are the same and other subsidiaries mentioned in this report continue to be subsidiaries of the Bank.
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Shelby Scates, Firstbank: The Story of the
Seattle First National Bank (Seattle: North Pacific Bank Note Co., 1970),
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467:"Seafirst Adds Noncustomer ATM Fee -- Bank Is First In State To Implement Extra Charge For Cash-Machine Use"
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768:. Special Anniversary Issue, June 1960, Volume XVIII. Seattle: Seattle-First National Bank, 1960.
366:
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Formed in 1929 via the merger of
Seattle's three largest banks, Seafirst was acquired in 1983 by
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The Bank of Dexter Horton & Co., First South and
Washington in Seattle's
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Seafirst
Corporation was formed on November 11, 1929, from the merger of
287:
acquired BankAmerica the previous year and subsequently implemented the
249:
114:
687:"Seattle-First National Bank, apparently conceding its name is too..."
622:. (Spokane, Washington). Associated Press. April 28, 1983. p. 11.
564:. (Spokane, Washington). Associated Press. April 22, 1983. p. 16.
766:
The
Bankoscope: Staff Publication of the Seattle-First National Bank
233:
neighborhood, 1900. As of 2009 the building is still in use as the
799:
279:
after posting huge losses from loans it purchased from the failed
224:
217:
1019:
257:
92:
1134:
American
Security and Trust Company Building (Washington, D.C.)
803:
780:"Archived Seafirst Corporation Annual Reports (1937–1995)"
636:
Managing the Crisis: The FDIC and RTC Experience 1980–1994
322:
In 1944, the bank won a case before the US Supreme Court,
668:"Balloons of many colors, trays of cookies and urns..."
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515:(Report). Seafirst Corporation. 1974. p. 2.
441:"Seafirst brand dies as B of A finally emerges"
283:; the Seafirst brand was retired in 1999 after
264:, was the largest bank in Washington, with 235
117:(as First Seattle Dexter Horton National Bank)
815:
707:"The Rise and Fall of the Trenchcoat Robbers"
558:"Seafirst control may change in capital deal"
8:
1189:Bank of America Corporate Center (Charlotte)
788:(high resolution binaries; large file sizes)
30:
354:reigned as the largest bank in Washington.
822:
808:
800:
793:"Seattle First National Bank Inc. History"
36:
29:
1378:1929 establishments in Washington (state)
970:Farmers and Merchants Bank of Los Angeles
439:Goldfield, Robert (September 26, 1999).
324:United States v. Seattle-First Nat. Bank
740:"BofA puts its name on 76-story trophy"
577:"Seafirst counts on state OK of merger"
532:"Come Monday, Seafirst name is history"
431:
1119:555 California Street (San Francisco)
945:Citizens & Southern National Bank
738:Nabbefeld, Joe (September 26, 1999).
644:Federal Deposit Insurance Corporation
633:"Chapter 3: Penn Square Bank, N.A.".
7:
1325:
422:, corporate headquarters (1969–1985)
416:, corporate headquarters (1985–1999)
596:"2 Big Coast Banks Announce Merger"
594:Hayes, Thomas C. (April 24, 1983).
583:. Spokane, Washington). p. A6.
530:Virgin, Bill (September 24, 1999).
334:In April 1983, San Francisco-based
1363:Defunct banks of the United States
1358:Defunct companies based in Seattle
784:University of Washington Libraries
465:Buck, Richard (November 9, 1996).
25:
1050:Provident Institution for Savings
1324:
1313:
1312:
868:
398:
980:First Republic Bank Corporation
925:Benj. Franklin Savings and Loan
384:, Seafirst finally assumed the
705:Kotlowitz, Alex (2002-06-30).
575:Camden, Jim (April 27, 1983).
1:
1035:National Westminster Bank USA
1005:Gibraltar Savings Association
616:"Seafirst merger probe asked"
388:brand on September 27, 1999.
372:Following the 1998 merger of
1373:Banks disestablished in 1999
1353:Bank of America legacy banks
1045:North Carolina National Bank
990:Fourth Financial Corporation
892:Bank of America, Los Angeles
850:Bank of America Private Bank
745:Puget Sound Business Journal
361:from the Seafirst branch of
303:'s three largest banks, the
1020:MBNA/Maryland National Bank
382:Bank of America Corporation
309:Dexter Horton National Bank
212:Seattle-First National Bank
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1000:Gibraltar Savings and Loan
887:Banc of America Securities
845:Bank of America Home Loans
691:United Press International
672:United Press International
646:. 1998. pp. 527–542.
537:Seattle Post-Intelligencer
1368:Banks established in 1929
1308:
1138:Bank of America Building
897:Bank of America NT&SA
866:
445:Portland Business Journal
305:First National Bank Group
130:(as Seafirst Corporation)
35:
1264:Hearst Tower (Charlotte)
1098:Western Savings and Loan
1015:Mercury Asset Management
950:Commercial National Bank
414:Columbia Seafirst Center
359:$ 4.4 million was stolen
342:following the demise of
1158:Bank of America Center
336:BankAmerica Corporation
138:September 27, 1999
1233:Bank of America Tower
1193:Bank of America Plaza
1025:Michigan National Bank
995:G. H. Walker & Co.
965:E. A. Pierce & Co.
940:Central Bank and Trust
357:On February 10, 1997,
238:
222:
140:; 24 years ago
121:; 47 years ago
104:; 94 years ago
102:November 11, 1929
66:Subsidiary (1983–1999)
1078:Standard Federal Bank
1070:Security Pacific Bank
1030:Montgomery Securities
960:Countrywide Financial
935:Cassatt & Company
694:. September 26, 1983.
317:Seattle National Bank
228:
221:
27:Defunct American bank
1103:White Weld & Co.
955:Continental Illinois
930:Boatmen's Bancshares
307:(founded 1882), the
246:bank holding company
242:Seafirst Corporation
31:Seafirst Corporation
18:Seafirst Corporation
1124:701 Brickell Avenue
907:Bank of New England
176:Seattle, Washington
115:Seattle, Washington
32:
1060:Robertson Stephens
795:. FundingUniverse.
513:1974 Annual Report
367:Trenchcoat Robbers
291:brand nationwide.
272:across the state.
239:
223:
63:Public (1974–1983)
1340:
1339:
1129:Albuquerque Plaza
471:The Seattle Times
420:Seafirst Building
378:NationsBank Corp.
374:BankAmerica Corp.
311:(founded 1870 by
216:
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119:July 1, 1977
16:(Redirected from
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348:Penn Square Bank
281:Penn Square Bank
244:was an American
235:Maynard Building
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1055:Rainier Bancorp
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855:BofA Securities
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831:Bank of America
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760:Further reading
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675:. July 1, 1983.
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52:Seafirst Bank
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1317:
1274:Museum Tower
1237:Jacksonville
1074:Shawmut Bank
1064:
1010:LaSalle Bank
917:Barnett Bank
782:– via
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743:
733:
722:. Retrieved
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541:. Retrieved
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476:February 12,
474:. Retrieved
470:
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450:February 12,
448:. Retrieved
444:
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406:Banks portal
371:
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323:
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298:
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261:
260:subsidiary,
241:
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208:Subsidiaries
172:Headquarters
156:Merged into
57:Company type
1269:Miami Tower
1172:Los Angeles
1083:Sovran Bank
1040:NationsBank
878:Historical
330:1983 merger
285:NationsBank
277:BankAmerica
202:(1983–1999)
200:BankAmerica
183:Area served
1347:Categories
1283:Executives
985:Fleet Bank
912:BankBoston
880:components
724:2024-01-30
543:2009-10-06
427:References
254:Washington
188:Washington
145:1999-09-27
126:1977-07-01
109:1929-11-11
84:: SFC
47:Trade name
1295:Ken Lewis
1242:Manhattan
1222:St. Louis
1202:Charlotte
1162:Baltimore
1142:Baltimore
1112:Buildings
1093:Suretrade
838:Divisions
719:0028-792X
340:insolvent
248:based in
164:Successor
76:Traded as
1319:Category
392:See also
363:Lakewood
268:and 497
266:branches
89:Industry
1331:Commons
1247:Phoenix
1207:Chicago
1197:Atlanta
1177:Norfolk
1167:Houston
1152:Oakland
1147:Midland
921:Baybank
860:Merrill
501:passim.
365:by the
346:-based
315:), and
301:Seattle
295:History
258:banking
250:Seattle
143: (
135:Defunct
124: (
107: (
99:Founded
93:Banking
1212:Dallas
717:
650:
256:. Its
195:Parent
1227:Tampa
1182:Tulsa
640:(PDF)
715:ISSN
648:ISBN
478:2022
452:2022
376:and
270:ATMs
153:Fate
82:NYSE
751:27.
113:in
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748:.
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20:)
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