Mergers & Acquisitions

Return to Mergers & Acquisitions

Deal Overview

Buyer:
Peoples Bancorp Inc.
Actual Acquirer:
The Peoples Banking & Trust Co
Target:
5 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Community Trust Bancorp, Inc.
Agreement Date:
1/20/1998
Announcement Date:
1/20/1998
Number of Target Branches
5
Branch Locations
New Martinsville,WV
Point Pleasant (3),WV
Steelton,WV
Franchise Premium ($ 000)
13,054
Tangible Book Premium/ Deposits (%)
10.70
Status:
Completed
Completion Date:
6/29/1998

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 122,000
Total Assets ($ 000) 108,946
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer No NA
Seller Yes Greenebaum Doll & McDonald