HERMITAGE, Pa. and ANNAPOLIS, Md., April
8, 2013 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB),
parent company of First National Bank of Pennsylvania, today announced that on
April 6, 2013, it completed its
merger with Annapolis Bancorp, Inc. (ANNB), parent company of
BankAnnapolis. As a result of the merger, First National Bank
acquired eight branches in Anne
Arundel and Queen Anne's
Counties in Maryland. Prior to completing the merger, FNB
obtained all required legal and regulatory approvals, and the ANNB
shareholders approved the transaction. Shares of Annapolis Bancorp
will no longer be traded on the NASDAQ stock exchange.
All customers now have access to the full range of First
National Bank products and services, including retail and
commercial banking services, wealth management, leasing, insurance
and a complete suite of online and mobile banking options.
Customers can conduct their banking at any of First National Bank's
more than 250 banking offices in Pennsylvania, Ohio, West
Virginia and Maryland.
Vincent J. Delie, Jr., President
and CEO of F.N.B. Corporation, commented, "We look forward to
serving our newest clients in Annapolis, as well as delivering our expanded
products and services in the surrounding metropolitan areas,
including Baltimore."
Richard M. Lerner, who served as
Chairman and CEO of Annapolis Bancorp, Inc., will remain with First
National Bank to provide transitional support as Chairman of the
newly established Maryland Region. J.
MacGregor (Mac) Tisdale will serve as Market Executive and
President of First National Bank's Maryland Region. In
addition to managing the integration of sales by retail banking,
commercial banking, wealth management and insurance professionals,
Tisdale will also develop business opportunities in the high-growth
commercial markets surrounding Annapolis.
Based on recent commercial client feedback, First National Bank
was recognized as winner of six 2012 Greenwich Excellence in
Banking awards, including National Winner for Overall Client
Satisfaction in Small Business and Middle Market Banking.
About F.N.B. Corporation
F.N.B. Corporation,
headquartered in Hermitage, PA, is
a diversified financial services company with total assets of
$12.0 billion as of December 31, 2012. F.N.B. Corporation is a
leading provider of commercial and retail banking, leasing, wealth
management, insurance, merchant banking and consumer finance
services in Pennsylvania,
Ohio, West Virginia and Maryland where it owns and operates First
National Bank of Pennsylvania,
First National Trust Company, First National Investment Services
Company, LLC, F.N.B. Investment Advisors, Inc., First National
Insurance Agency, LLC, F.N.B. Capital Corporation, LLC, Regency
Finance Company and F.N.B. Commercial Leasing. It also operates
consumer finance offices in Kentucky and Tennessee.
The common stock of F.N.B. Corporation trades on the New York
Stock Exchange under the symbol "FNB" and is included in Standard
& Poor's SmallCap 600 Index with the Global Industry
Classification Standard (GICS) Regional Banks Sub-Industry
Index. Investor information is available on F.N.B.
Corporation's Web site at www.fnbcorporation.com.
About First National Bank of Pennsylvania
First National Bank of Pennsylvania, the largest subsidiary of F.N.B.
Corporation (NYSE: FNB), has over 250 full-service locations in
Pennsylvania, Ohio, West
Virginia and Maryland. First National Bank has been
recognized as a winner of six 2012 Greenwich Excellence in Banking
Awards in the categories of Small Business Banking and Middle
Market Banking, awards presented solely on the basis of client
satisfaction.
SOURCE F.N.B. Corporation