MARIETTA, Ohio, July 23, 2021 /PRNewswire/ -- Peoples
Bancorp Inc. ("Peoples") (Nasdaq: PEBO), parent company of Peoples
Bank, announced today that it has received all necessary regulatory
approvals for the merger between Peoples and Premier Financial
Bancorp, Inc. ("Premier") (Nasdaq: PFBI), with Peoples as the
surviving corporation (the "Merger"), and for the mergers between
Peoples Bank and Premier's wholly owned subsidiary banks, Citizens
Deposit Bank and Trust, Inc. and Premier Bank, Inc., with Peoples
Bank as the surviving bank.
Peoples also announced that the Agreement and Plan of Merger
(the "Merger Agreement") dated as of March
26, 2021 between Peoples and Premier, was approved by
Peoples' shareholders on July 22,
2021. Premier's shareholders approved the Merger Agreement on
July 1, 2021.
About Peoples:
Peoples is a diversified financial products and services company
that makes available a complete line of banking, trust and
investment, insurance, premium financing and equipment leasing
solutions through its subsidiaries. Peoples has been
headquartered in Marietta, Ohio,
since 1902 and has an established heritage of financial stability,
growth and community impact. As of June 30, 2021, Peoples had $5.1 billion in total assets, 89 locations,
including 76 full-service bank branches in Ohio, West
Virginia and Kentucky.
Peoples is a member of the Russell 3000 index of U.S.
publicly-traded companies. Peoples offers services through
Peoples Bank (which includes the divisions of Peoples Investment
Services, Peoples Premium Finance and North Star Leasing) and
Peoples Insurance Agency, LLC.
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SOURCE Peoples Bancorp Inc.
