Peoples Buys WV Bank

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Peoples Bancorp Inc. says it has completed its acquisition of Sistersville Bancorp Inc. in a cash deal valued at $9.8 million.

Sistersville Bancorp is the holding company of First Federal Savings Bank, which has two branches in Parkersburg and Sistersville, WVA.

Marietta, Ohio-based Peoples said Monday that the First Federal branches will operate as branches of Peoples Bank.

Peoples Bancorp is the holding company for Peoples Bank and has about $1.9 billion in assets. It has 46 locations in Ohio, West Virginia and Kentucky.