Premier's Red River Valley deal final.

BATON ROUGE, La.-- Premier Bancorp has completed its merger of Red River Valley Bank, in Bossler City, La.

Approximately 1.5 million shares of Premier common stock were issued in connection with the transaction.

Red River Valley Bank had five branch locations and $141 million in assets at midyear.

With the completion of the acquisition, Premier has 135 retail outlets serving seven of the eight major metropolitan areas in Louisiana. Its assets totaled $5.1 billion on June 30.

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