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Peoples Bancorp acquires Premier Bancorp in $292 3 million deal

HUNTINGTON — Peoples Bancorp Inc. of Marietta, Ohio, has agreed to acquire Premier Financial Bancorp of Huntington in an all-stock transaction valued at $292.3 million. Premier Bancorp is the parent company of Premier Bank and Citizens Deposit Bank & Trust. The two banks operate 48 branches in 38 communities in five states. Citizens Deposit Bank is based in Vanceburg, Kentucky. It has a branch at 2600 5th Ave. in Huntington and branches in Ironton and Proctorville, Ohio. Premier Bank has a branch in Charleston, and it has branches in Lincoln, Logan and Boone counties. Peoples Bank has a branch at 101 5th Ave. in Huntington. It formerly had one at 1126 20th St.

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