MARIETTA, Ohio, Nov. 22 /PRNewswire-FirstCall/ -- Peoples Bank, a
subsidiary of Peoples Bancorp Inc. (Nasdaq: PEBO), plans to establish a loan
production office in Westerville, Ohio.
The new office will focus primarily on serving the commercial credit needs
of clients in the greater Columbus area. Neal S. Clark has joined Peoples
Bank as Vice President, Commercial Lending, and will manage the office at
515 Executive Campus Drive in Westerville.
"Expansion into central Ohio has been one of our strategies," said Mark F.
Bradley, Peoples Bank's President and Chief Operating Officer. "Westerville
and surrounding areas are economically vibrant, and we think our offices in
central Ohio are good sources of future growth."
In addition to the Westerville office, Peoples Bank has central Ohio loan
production offices in Newark and Delaware. Full-service offices also exist in
Lancaster and Baltimore.
"We believe loan production offices are an efficient way to enter new
markets," continued Bradley. "We are excited about the potential of the
Westerville market due to Neal's track record of growing loans and servicing
clients. In the long-term, we expect to have opportunities in those markets
to expand to more full-service offerings of financial services."
Neal Clark joins Peoples Bank with over 15 years of financial services
experience in central Ohio, with the last 10 years dedicated to business
banking. Clark is a graduate of Miami University (Ohio) and earned an MBA
from The Ohio State University. He is on the Loan Review Committee for the
Community Capital Development Corporation and is a director of The
Entrepreneurial Institute. Clark and his family live in Lewis Center, Ohio,
and are active in Olentangy youth sports.
The Westerville office is expected to open on or around January 1, 2005.
Clark can be reached by calling 614-519-2940 or via e-mail at nclark@pebo.com.
Peoples Bancorp Inc., a diversified financial products and services
company with $1.8 billion in assets, makes available a complete line of
banking, investment, insurance, and trust solutions through 51 locations and
33 ATMs in Ohio, West Virginia, and Kentucky. Peoples Bancorp's financial
service units include Peoples Bank, Peoples Financial Advisors (a division of
Peoples Bank) and Peoples Insurance Agency, Inc. Peoples Bancorp's common
shares are traded on the NASDAQ national market under the symbol "PEBO" and
Peoples Bancorp is a member of the Russell 3000 index of US publicly traded
companies. Learn more about Peoples at http://www.peoplesbancorp.com .
SOURCE Peoples Bancorp Inc.
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Related links:
http://www.peoplesbancorp.com
CONTACT:
Mark F. Bradley, President and Chief
Operating Officer, +1-740-373-3155, or John G. Hock, Senior Vice
President, Commercial Lending, +1-740-653-4995, both of Peoples
Bancorp Inc.
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