Community Bankers Trust Corporation (NASDAQ: ESXB) is a bank holding company for Essex Bank. Essex Bank operates as a Virginia state-chartered bank that provides a range of commercial banking and financial services primarily to individuals, small businesses, and commercial customers in Virginia and Maryland; these services encompass individual and commercial demand and time deposit accounts, commercial and industrial loans, consumer and small business loans, real estate and mortgage loans, investment services, online and mobile banking products, cash management services, and investment and insurance products.
The company, founded prior to its public listing in 2006 and headquartered at 9954 Mayland Drive, Suite 2100, Richmond, Virginia, maintained 24 full-service branches—18 in Virginia and six in Maryland—along with two loan production offices as of late 2021.
In December 2021, Community Bankers Trust Corporation was acquired by United Bankshares, Inc. (NASDAQ: UBSI) in a $303.3 million all-stock transaction, marking United's 33rd acquisition and creating a combined entity with approximately $29 billion in assets, nearly 250 branches across the Mid-Atlantic and Southeast, and enhanced market presence in areas including the DC Metro, Baltimore, Annapolis, Lynchburg, Richmond, and Virginia's Northern Neck. Following the merger's completion, ESXB stock trading was discontinued, with Essex Bank integrated into United Bank as the surviving entity. No major subsequent acquisitions, partnerships, funding rounds, or strategic shifts for the standalone entity have been reported in 2024 or 2025.