First National Bank of Pennsylvania has a relatively new home at Second and State streets in Harrisburg, the Central Pennsylvania regional headquarters that it has occupied since late 2012.
Now, F.N.B. will have a second somewhat new home when — or if — it takes over Metro Bank in a proposed $474 million acquisition deal it announced last week Metro has been based in its Swatara Township headquarters building since 2006, according to Metro spokeswoman Natalie Neyer.
So far, there is no plan for what will be where come next spring in the first quarter of 2016, when the deal is scheduled to be finalized, according to Vincent Delie Jr., the president and CEO of F.N.B. Corp., the bank holding company for First National Bank.
“It is very early in the process and too soon to make that determination,” he said about what the company plans to do with Metro’s Swatara Township headquarters. “We will continue to evaluate our options relative to positioning our operations in Central Pennsylvania, but will assuredly continue to have a significant presence.”
F.N.B. also hasn’t announced if it will close any of Metro’s 32 branches in Berks, Cumberland, Dauphin, Lancaster, Lebanon or York counties.
F.N.B.’s deal to buy Metro Bancorp Inc., the holding company for Metro Bank, will take it from the midstate’s 25th largest bank in terms of deposits to the sixth-ranked bank.
“Central Pennsylvania provides sufficient opportunities to continue to achieve our growth objectives and we’re very excited about the opportunity to enhance our presence in this market,” Delie said.
F.N.B. will have $19.6 billion in assets after the acquisition. It trades its shares on the New York Stock Exchange under the ticker symbol FNB.