Mergers & Acquisitions

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Deal Overview

Buyer:
Premier Financial Bancorp, Inc.
Actual Acquirer:
Premier Financial Bancorp
Target:
3 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Community Trust Bancorp, Inc.
Agreement Date:
12/30/1997
Announcement Date:
12/30/1997
Number of Target Branches
3
Branch Locations
Madison,WV
Philippi,WV
Van,WV
Franchise Premium ($ 000)
14,802
Tangible Book Premium/ Deposits (%)
9.70
Status:
Completed
Completion Date:
6/26/1998

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 152,600
Total Assets ($ 000) 137,798