Summit Financial in Moorefield, W.Va., has filed to raise $15 million over time.

The $1.4 billion-asset company registered to sell common and preferred stock and issue debt securities, among other instruments. The filing did not provide a time or pricing for the securities.

Summit said in its filing that it would use net proceeds for general corporate purposes, such as repaying debt, working capital and acquisitions.

The company raised nearly $13 million last year by selling stock to Castle Creek Partners and existing shareholders.

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