MVB Bank Inc., Fairmont, W.Va., has agreed to purchase Potomac Mortgage Group LLC for $19 million in cash and stock. PMG will keep its name and operate as a wholly owned subsidiary of MVB Bank.

PMG has offices in the Virginia cities of Fairfax, McLean and Reston. Between its own operations and the ones being acquired, MVB expects to become an over $1 billion per year producer.

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