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Mergers and Acquisitions
Overview
Why Invest
News
Events & Presentations
Events
Presentations
Stock Info
Stock Quote
Stock Chart
Historical Stock Quote
Dividend History
Analyst Coverage
Credit Ratings
SEC Filings
Quarterly Results
Annual Reports
SEC Filings
Insider Ownership
Insider Filings
Financial Information
Financial Highlights
Balance Sheet
Income Statement
Deposit Loan Composition
As Reported Financial Statement
Mergers and Acquisitions
Governance
Governance Documents
Executive Management
Board of Directors
Committee Composition
Corporate Structure
Resources
Investor FAQs
Information Request Form
Investor Contacts
Acquisitions
Sales / Divestitures
Acquisitions:
Bank & Thrift Branch Deals
Government Assisted Deals
Financial Technology Deals
Specialty Finance Company Deals
Other Deals
Target Seller
Announce Date
Status
Deal Value ($ M)
Proco Global, Inc.
9/13/2019
Completed On 9/13/2019
4.11
Target Seller
Announce Date
Status
Deal Value ($ M)
Target Total Assets ($ 000)
Potomac Mortgage Group, LLC
12/3/2012
Completed On 12/20/2012
19.00
NA
Target Seller
Sector
Announce Date
Deal Value ($ M)
Target Total Assets ($ 000)
Paladin L.L.C.
Banking Technology
4/17/2020
Completed On 4/17/2020
NA
Target Seller
State
Industry Type
Date Sold
Gross Proceeds ($000)
Total Deposits Transferred ($000)
Target Total Assets ($ 000)
First State Bank
WV
Bank
4/3/2020
147,200
152,400
139,526
Target Seller
Industry Type
Announce Date
Status
Number of Branches
Total Deposits Transferred ($ 000)
2 Branches Susquehanna Bancshares, Inc.
Bank
5/1/2015
Completed On 8/28/2015
2
WV
1 Branch Susquehanna Bancshares, Inc.
Bank
8/1/2005
Completed On 10/7/2005
1
WV
Sales / Divestitures:
Bank & Thrift Branch Deals
Insurance Broker Deals
Specialty Finance Company Deals
Target Buyer
Announce Date
Status
Deal Value ($ M)
Target Total Assets ($ 000)
Potomac Mortgage Group, Inc. Van Metre Homes
3/3/2020
Completed On 7/1/2020
NA
NA
Target Buyer
Announce Date
Status
Deal Value ($ m)
LTM Revenue ($ 000)
MVB Insurance, LLC USI, Inc.
6/30/2016
Completed On 6/30/2016
8.38
1,737
Target Buyer
Industry Type
Announce Date
Status
Number of Branches
All Branch States
Total Deposits Transferred ($ 000)
4 Branches Summit Financial Group, Inc.
Bank
11/22/2019
Completed On 4/23/2020
4
WV
188,134