Peoples Bancorp Inc. And Premier Financial Bancorp, Inc. Announce Definitive Merger Agreement

economy and finances

MARIETTA, Ohio, and HUNTINGTON, W.Va., March 29, 2021 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (PEBO) - Get Report and Premier Financial Bancorp, Inc. ("Premier") (PFBI) - Get Report, jointly announced today the signing of a definitive agreement and plan of merger ("Merger Agreement") pursuant to which Peoples will acquire, in an all-stock merger, Premier, a bank holding company headquartered in Huntington, West Virginia, and the parent company of Premier Bank, Inc. ("Premier Bank") and Citizens Deposit Bank & Trust, Inc. ("Citizens"). Under the terms of the Merger Agreement, Premier will merge with and into Peoples (the "Merger"), and Premier Bank and Citizens will subsequently merge with and into Peoples' wholly owned subsidiary, Peoples Bank, in a ...

The Street     Mar 29, 2021