Holland & Knight Advises PSB Holding on Acquisition by Summit Financial Group
December 16, 2022
December 16, 2022
WASHINGTON, Dec. 16 -- Holland and Knight, a law firm, issued the following news release:
Holland & Knight advised PSB Holding Corp., owner of Provident State Bank, Inc., in its acquisition by Summit Financial Group, Inc. (NASDAQ: SMMF), which controls Summit Community Bank, Inc. The deal, announced on December 12, is valued at approximately $53.9 million.
Provident State Bank is a full-service bank with 10 branch locations serving the eastern shore of Maryland. Sum . . .
Holland & Knight advised PSB Holding Corp., owner of Provident State Bank, Inc., in its acquisition by Summit Financial Group, Inc. (NASDAQ: SMMF), which controls Summit Community Bank, Inc. The deal, announced on December 12, is valued at approximately $53.9 million.
Provident State Bank is a full-service bank with 10 branch locations serving the eastern shore of Maryland. Sum . . .