-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G8JTU/oR+LgHYAOUHWq480GXL/5SgiAtD7AuPexHY4YuPhW0GVlXVx/IJIIRO+fD Q5fpSRB9qdNVXAwazmoqeg== 0000203596-08-000061.txt : 20080304 0000203596-08-000061.hdr.sgml : 20080304 20080304172839 ACCESSION NUMBER: 0000203596-08-000061 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080304 ITEM INFORMATION: Other Events FILED AS OF DATE: 20080304 DATE AS OF CHANGE: 20080304 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESBANCO INC CENTRAL INDEX KEY: 0000203596 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 550571723 STATE OF INCORPORATION: WV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-107736 FILM NUMBER: 08665006 BUSINESS ADDRESS: STREET 1: 1 BANK PLAZA CITY: WHEELING STATE: WV ZIP: 26003 BUSINESS PHONE: 3042349000 MAIL ADDRESS: STREET 1: ONE BANK PLZ CITY: WHEELING STATE: WV ZIP: 26003 8-K 1 fin8k030408.htm 8K ON SALE OF BRANCHES TO FIRST FRANKLIN fin8k030408.htm
SECURITIES AND EXCHANGE COMMISSION
 
Washington, DC  20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) March 4, 2008 (February 29, 2008)
 
 
WesBanco, Inc.
 (Exact name of registrant as specified in its charter)
 

West Virginia
0-8467
55-0571723
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
  
Identification No.)


1 Bank Plaza, Wheeling, WV
26003
(Address of principal executive offices)
(Zip Code)

 
Registrant's telephone number, including area code       (304) 234-9000
 
Former name or former address, if changed since last report  Not Applicable
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
     


 
ITEM 8.01 OTHER EVENTS.
 
On January 24, 2008, WesBanco, Inc. (“WesBanco”) filed an 8-K that indicated that a press release was issued on January 18, 2008 announcing that it had entered into definitive agreements to sell eight branches, located in Ohio, of Oak Hill Banks.  On February 29, 2008, WesBanco entered into a definitive agreement with First Franklin Corporation (“First Franklin”), the purchaser of three of the branches, to terminate the agreement of sale with First Franklin.  The Boards of Directors of the respective companies determined that it was in the respective best interests of the companies to terminate the branch purchase agreement.  The agreement addressed the sale of the Cherry Grove and Delhi branches, both located in Cincinnati, and the Trenton branch in Butler County.  The agreements to sell the remaining five branches are expected to close in April of 2008.  Collectively, the transactions for the sale of the remaining five branches represent a blended premium of approximately 6.8% on deposits of $67.4 million.  Loans approximating $35.9 million are also included in these transactions.  Financial terms of the individual transactions are not being disclosed at this time.  The transactions are subject to customary conditions, including normal regulatory approvals.




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
WesBanco, Inc.
 
(Registrant)
   
March 4, 2008
 /s/ Robert H. Young
Date
Robert H. Young
 
Executive Vice President and
 
Chief Financial Officer
   




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