SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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) March
21, 2005
WesBanco,
Inc.
(Exact
name of registrant as specified in its charter)
|
West
Virginia |
0-8467 |
55-0571723 |
|
(State
or other jurisdiction |
(Commission
File Number) |
(IRS
Employer |
|
of
incorporation) |
|
Identification
No.) |
|
1
Bank Plaza, Wheeling, WV |
26003 |
|
(Address
of principal executive offices) |
(Zip
Code) |
Registrant's
telephone number, including area code (304)
234-9000
Former
name or former address, if changed since last report Not
Applicable
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 (see General Instruction A.2. below):
¨ 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
1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
Effective
March 21, 2005 WesBanco, Inc. ("WesBanco") as borrower and SunTrust, as lender,
amended the $35.0 million dollar Revolving Credit Agreement, dated July 30, 2004
between the parties by the execution of the First Amendment to Revolving Credit
Agreement, which is dated March 16, 2005. The First Amendment to Revolving
Credit Agreement added two additional tranches to the "Applicable Margin"
percentages which calculates the additional interest rate percentage above the
base interest rate that WesBanco pays to SunTrust Bank based on WesBanco’s
Tangible Net Worth to Total Tangible Asset Ratio. The amendment also modifies
the original language for the allowable minimum Tangible Net Worth to Total
Tangible Asset Ratio and the minimum Allowance for Loan and Lease Losses to
Total Loans ratios. The First Amendment to Revolving Credit Agreement is filed
as an exhibit to this Report and is incorporated herein by
reference.
ITEM
9.01 FINANCIAL STATEMENTS AND EXHIBITS.
| c) |
Exhibits
- the following exhibit is included with this
report |
|
Exhibit
No. |
Description |
|
10.1 |
First
Amendment to Revolving Credit Agreement |
| |
|
SIGNATURE
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.
| |
WesBanco,
Inc. |
| |
(Registrant) |
| |
|
|
March
24, 2005 |
/s/
Robert H. Young |
|
Date |
Robert
H. Young |
| |
Executive
Vice President & Chief |
| |
Financial
Officer |
| |
|