In Brief: BT Financial Wraps Up Merger with Pa. Trust

BT Financial Corp. subsidiary Johnstown Bank and Trust Co. has completed its merger with Armstrong County Trust Co., Kittanning, Pa.

The merger added one office and $48.5 million in assets to BT Financial, bringing the company's total assets to $1.26 billion.

Under the agreement, each Armstrong shareholder will receive 26.50 shares of BT stock and $533.21 in cash.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER