Peoples Bancorp (PEBO) and Premier Financial Bancorp (PFBI) Announce Definitive Merger Agreement

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

March 29, 2021 7:00 AM EDT

MARIETTA, Ohio, and HUNTINGTON, W.Va., March 29, 2021 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) and Premier Financial Bancorp, Inc. ("Premier") (NASDAQ: PFBI), 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... More