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The Louisiana Purchase had been consummated only 28 years earlier, and the renowned Battle of New Orleans (1815) had recently been fought.
Canal, on the other hand, had grown to become the 31st largest bank in the world by 1920.
In a landmark merger of the time, Canal Bank and Citizens Bank converged in 1924, substantially boosting the resultant Canal Bank and Trust's assets.
Graham's successor, John A. Oulliber, was a well-known local sports star and had been with the bank since 1935.
Despite a brief slowdown, by 1949 National Bank had $134 million in deposits and was generating annual income of $582,000.
To reflect the change in organizational structure, National Bank of Commerce's title was changed to First National Bank of Commerce (First NBC) in 1971.
Rapier, an attorney, became president of First Commerce Corp. in 1978.
By 1985, the holding company had announced the acquisition of four major subsidiaries: City National Bank of Baton Rouge; Rapides Bank & Trust Company in Alexandria; The First National Bank of Lafayette; and The First National Bank of Lake Charles.
In an innovative move, First Commerce formed a nonprofit company in 1993 to augment its long list of financial services subsidiaries.
These objectives were highlighted in the company's statement of direction in 1994, which included four chief tenants: a commitment to quality; a market-driven, customer-oriented philosophy; a high-performance strategy; and positive corporate citizenship.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| TTC | 2004 | $1.6M | 15 | 10 |
| Brueton Industries Inc | - | $6.8M | 50 | - |
| In The Swim | 1982 | $34.0M | 350 | - |
| National Electronics, Inc. | - | $5.2M | 125 | - |
| Spectrum | 1965 | $50.0M | 50 | 7 |
| Ackerman Security | 1967 | $16.4M | 350 | - |
| S&S Worldwide | 1994 | $204.9M | 60 | 6 |
| Electron Energy | 1970 | $15.0M | 100 | 15 |
| DIRECT MATERIAL SUPPLIES | 2001 | $170.0M | 600 | - |
| FTD Companies | 1910 | $1.1B | 1,333 | 8 |
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Specialty Commerce Corp. may also be known as or be related to SPECIALTY COMMERCE CORP, Specialty Commerce and Specialty Commerce Corp.