BATON ROUGE, La. - Premier Bancorp on Wednesday completed its acquisition of Alerion Corp., significantly boosting its presence in the state's largest market.

F. Walker Lockett Jr., president of $3.9 billion-asset Premier, said it will have 13 branches in the port city, including nine acquired from $325 million-asset Alerion and new facilities to be opened. With the deal complete, Premier has 100 branches in seven of the state's eight metropolitan areas.

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