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Bank of Pensacola was established as a state bank on [[October 11]], [[1972]].<ref>[http://www.bankbriefs.com/Florida/bank20830.htm Bank of Pensacola at bankbriefs.com]</ref> It was acquired by Synovus in [[1990]] with $48.5 million in assets.<ref name="celebrates"/>
On [[August 20]], [[1999]], members of the [[Nobles family]] who owned [[Horizon Bankof Florida]] announced they would merge with Bank of Pensacola for $19.35 million in stock. The family had previously vowed to keep their third-generation, 76-year-old bank independent. Horizon president [[Jack Nobles]] was made senior vice president of the resulting company, and the Horizon lighthouse symbol was retained in the bank's logo.<ref>"Horizon, Bank of Pensacola merge." ''Pensacola News Journal'', August 21, 1999.</ref>
In [[2001]], Bank of Pensacola merged again with the [[First American Bank of Pensacola]]. The same year, the bank relocated its headquarters from 400 West [[Garden Street]] to the [[One Pensacola Plaza]] building, becoming the building's largest tenant and hoisting its logo on the exterior.<ref>"Bank of Pensacola signs in." ''Pensacola News Journal'', July 24, 2001.</ref>