State Coverage: West Virginia
Centra Returns Tarp Money
American Banker | Apr 06Centra Financial Holdings Inc. of Morgantown, W.Va., has become the fifth banking company to return its government capital.
WesBanco Buying AmTrust Branches
American Banker | Jan 26AmTrust Bank in Cleveland said Friday that it is selling five branches in Columbus, Ohio, because it needs to raise capital to satisfy regulators.
Premier of W.Va. Buying D.C. Bank
American Banker | Jan 05Premier Financial Bancorp in Huntington, W.Va., has agreed to buy the struggling Abigail Adams National Bancorp in Washington for $10.9 million in stock.
A Deal Dies, and Seller's Outlook Dims
American Banker | Dec 18Greater Atlantic Financial's deal to sell itself to Summit Financial Group in Moorefield, W.Va., has fallen through — again — apparently done in this time ...
Regulators Close West Virginia Thrift
American Banker | Sep 19Regulators shut a $104 million-asset thrift in West Virginia late Friday, the 12th depository institution to fail this year amid heavy real estate losses throughout the industry.
New Price Let Summit of West Virginia Reach New Deal
American Banker | Jun 16Summit Financial Group has a new deal to buy Greater Atlantic for $12.1M in stock — a third less than it would have paid under the agreement it struck in April of ...
Summit Rekindles a Virginia Deal
American Banker | Jun 11Summit Financial in Moorefield, W.Va., is once again planning to buy Greater Atlantic in Reston, Va. The companies announced a new definitive agreement Tuesday.
Summit of West Virginia Calls Off Deal for Greater Atlantic
American Banker | Apr 11Nearly a year after announcing it was buying Greater Atlantic in Reston, Va., Summit Financial's $13.9 million deal for the troubled, is off for now, but perhaps not for good.
City Holding Sits Pretty as Rivals Sit
American Banker | Apr 10Though the $2.5 billion-asset City Holding operates in some of the nation's slowest-growing markets, investors view it as a safe bet because of its strong capital position, stable earnings, and above-average asset quality.
United of West Virginia Posts Profit Drop
American Banker | Jan 25United Bankshares said Thursday that 4Q earnings declined 36% from a year earlier, to $16 million, mainly as a result of costs associated with a balance-sheet restructuring.
Summit: No Deal with Alabama Thrift
American Banker | Dec 12Summit Financial Group Inc. in Moorefield, W.Va., has terminated negotiations to acquire an Alabama thrift company and extended the deadline on a deal to acquire a Virginia banking company.
Summit of West Virginia Eyes Deal for Alabama Firm
American Banker | Nov 28Summit Financial Group Inc. in Moorefield, W.Va., has moved to settle a trade secret claim made by Corinthian Mortgage Corp. by signing a letter of intent to negotiate the purchase of Corinthian's parent, Commonwealth Savingshares Corp., for $52.5 million in cash and stock.
Premier of West Virginia in $18M In-State Deal
American Banker | Nov 28Premier Financial Bancorp Inc. in Huntington, W.Va., announced Tuesday that it plans to buy the $106 million-asset Traders Bankshares Inc. in Spencer, W.Va., for about $18.1 million in cash and stock.
Fed Lifts 4-Year-Old Order at West Virginia Bank
American Banker | Nov 26Putnam County Bank in Hurricane, W.Va., is free of a four-year-old regulatory agreement that required it to strengthen its anti-money-laundering procedures.
United, Profits Up, Cites a Purchase
American Banker | Oct 26United Bankshares Inc. said Thursday that its third-quarter earnings rose 81% from the same period last year, to $25.8 million.
