8-K 1 htm_32396.htm LIVE FILING Allegheny Bancshares, Inc. (Form: 8-K)  

 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 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):   April 17, 2009

Allegheny Bancshares, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
West Virginia 000-50151 22-3888163
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
PO Box 487, 300 N Main St, Franklin, West Virginia   26807
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   304-358-2311

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

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:

[  ]  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 2.01 Completion of Acquisition or Disposition of Assets.

On April 17, 2009, Pendleton Community Bank, Inc. ("Pendleton"), a wholly owned subsidiary of the Registrant, completed the previously announced acquisition of certain assets and assumption of certain deposits and other liabilities with Citizens National Bank ("Citizens") pursuant to the Purchase and Assumption Agreement dated January 13, 2009 as originally filed with form 8-K.
This acquisition of the 2 branch offices with total deposits of approximately $22,000,000, total loans of approximately $14,000,000 and total real and personal property of approximately $1,000,000, will increase the Registrant’s assets to over $229,000,000.





Item 9.01 Financial Statements and Exhibits.

The pro forma financial information required by this Item, with respect to the acquisition described in Item 2.01 herein, will be filed as soon as practicable, and in any event not later than 71 days after the date on which this Current Report on Form 8-K is required to be filed pursuant to Item 2.01.






SIGNATURES

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.

         
    Allegheny Bancshares, Inc.
          
April 17, 2009   By:   William A Loving, Jr., CLBB
       
        Name: William A Loving, Jr., CLBB
        Title: Executive Vice President / CEO