Saturday, September 04, 2010
Premier Financial Bancorp Inc. Plans To Merge
WEST VIRGINIA....
Premier Financial Bancorp Inc. plans to merge Boone County Bank, First Central Bank, and Traders Bank in West Virginia with Washington, D.C.-based Adams National Bank and Richmond, Va.-based Consolidated Bank. If state and federal regulators approve the plan, the combined bank would be headquartered in Huntington. Premier says the bank would have nearly $800 million in total assets, $667 million in total deposits and 22 locations in West Virginia, Virginia, Maryland and Washington.
Premier Financial Bancorp Inc. plans to merge Boone County Bank, First Central Bank, and Traders Bank in West Virginia with Washington, D.C.-based Adams National Bank and Richmond, Va.-based Consolidated Bank. If state and federal regulators approve the plan, the combined bank would be headquartered in Huntington. Premier says the bank would have nearly $800 million in total assets, $667 million in total deposits and 22 locations in West Virginia, Virginia, Maryland and Washington.