Wesbanco Inc. and Commercial Bancshares said Wednesday they signed a definitive merger pact. The deal is valued at about $130 million.
Wesbanco, based in Wheeling, has assets of $1.7 billion and 46 banking locations in West Virginia and Ohio. Commercial, headquartered in Parkersburg, has assets of $417 million and 17 offices in the two states. Commercial has also recently agreed to buy Gateway Bancshares, McMechen, W.Va.