The six branches of First National Bank officially reopen this week as Premier Bank. The name change is a result of the recent acquisition of First National Bankshares Corporation by Premier Financial Bancorp, Inc. (NASDAQ/GMS-PFBI).
Premier Bank President and CEO Mark Bias said, “We’re excited about welcoming First National Bank employees and customers into the Premier Bank family. First National Bank has a long, successful history of service to the Greenbrier Valley and Allegheny Highlands, and we look forward to building on that in the future.”
First National Bank President Matt Burns commented, “This represents the combining of two well-respected banks that share a deep commitment to our local communities and common core values.”
Premier Bank is a $743 million (as of Dec. 31, 2015) West Virginia chartered bank with 25 locations in West Virginia, three locations in Washington, DC, one office in Maryland and two locations in Virginia. With the addition of the four West Virginia and two Virginia locations of FNB, Premier Bank will become a $980 million bank franchise. Premier Bank is a wholly-owned subsidiary of Premier Financial Bancorp, Inc., a $1.5 billion Huntington (WV)-based bank holding company.