Powder Mill Bank
| Status: | Inactive as of 05/22/1992 |
| Absorption - Assisted | |
| Successor Bank: | Valley National Bank |
| Headquarters: | Powder Mill Bank 51 Gibraltar Drive Morris Plains, NJ 07950 |
| Established: | 06/29/1987 |
| FDIC Insurance: | 06/29/1987 |
| FDIC Cert: | #27001 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $49,587,000 |
| Total Deposits: | $47,944,000 |
History
| 1987-06-29 | Institution established: Original name:Powder Mill Bank | |
| 1992-05-22 | Failed. Acquired with government financial assistance and subsequently operated as part of Valley National Bank (9396) | |
| 1993-01-29 | Acquired Mayflower Savings Bank SLA (30436) in LIVINGSTON, NJ | |
| 1993-06-18 | Acquired Peoples Bank, National Association (6303) in BELLEVILLE, NJ | |
| 1994-11-30 | Acquired RockBank (20389) in PLAINFIELD, NJ | |
| 1995-02-28 | Acquired American Union Bank (32966) in UNION, NJ | |
| 1995-06-30 | Acquired Lakeland Savings Bank (30690) in SUCCASUNNA, NJ | |
| 1997-03-01 | Acquired The Midland Bank and Trust Company (17867) in PARAMUS, NJ | |
| 1998-10-16 | Acquired Wayne Savings Bank, F.S.B. (28728) in WAYNE, NJ | |
| 1999-06-11 | Acquired The Ramapo Bank (19721) in WAYNE TOWNSHIP, NJ | |
| 2001-01-19 | Acquired The Merchants Bank of New York (643) in NEW YORK CITY, NY | |
| 2001-12-26 | Reorganized. | |
| 2003-12-24 | Moved bank headquarters from MORRIS PLAINS, NJ to PASSAIC, NJ | |
| 2005-03-31 | Acquired Shrewsbury State Bank (21492) in SHREWSBURY, NJ | |
| 2005-06-03 | Acquired NorCrown Bank (26267) in LIVINGSTON, NJ | |
| 2008-07-01 | Acquired Greater Community Bank (26480) in TOTOWA, NJ | |
| 2008-09-12 | Reorganized. | |
| 2010-03-11 | Acquired LibertyPointe Bank (58071) in NEW YORK, NY as part of a government assisted transaction. | |
| 2010-03-12 | Acquired The Park Avenue Bank (27096) in NEW YORK, NY as part of a government assisted transaction. | |
| 2011-06-30 | Reorganized. | |
| 2012-01-01 | Acquired State Bank of Long Island (19695) in JERICHO, NY | |
| 2014-11-01 | Acquired 1st United Bank (35408) in BOCA RATON, FL | |
| 2015-12-01 | Acquired CNLBank (34427) in ORLANDO, FL | |
| 2018-01-01 | Acquired USAmeriBank (58427) in CLEARWATER, FL | |
| 2019-12-01 | Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ |