---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-347984"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2021-12-03T23:59:59+00:00"
generated_at: "2026-06-28T03:59:06.879553+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Bankshares completes acquisition of Community Bankers Trust; adds $1.7B assets

## Summary
- Deal closed Dec 3, 2021; ESXB shareholders received 0.3173 UBSI shares per share.
- United now has ~$29B assets and ~250 offices across 9 states.
- Former Community Bankers Trust CEO Rex L. Smith III retained as Regional President for former Essex Bank locations.
- United assumed $4.124M Floating Rate Junior Subordinated Debentures due 2033.
- Transaction adds $1.7B in assets from Essex Bank; strengthens Mid-Atlantic and SE presence.

## SEC filing metadata
- accession: 0001193125-21-347984
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2021-12-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729986/000119312521347984/0001193125-21-347984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312521347984/d329833d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-347984
- JSON: https://secwatch.observer/filing/0001193125-21-347984.json
- Plain text: https://secwatch.observer/filing/0001193125-21-347984.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.