RICHMOND, Va., June 26, 2017 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that it has been added to the Russell 2000® Index. The addition of the Company to the index was part of the annual reconstitution of the Russell US Indexes that occurred after the market close on June 23, 2017.
Rex L. Smith, III, the Company's President and Chief Executive Officer, stated, "We are very pleased to join the Russell 2000®. Inclusion in this index confirms all of the strategic steps that we have taken in recent years and will certainly enhance our visibility with investors and the liquidity in our stock."
The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity markets and is a subset of the Russell 3000® Index. Membership in the Russell 2000® Index includes automatic inclusion in the appropriate growth and value indexes.
The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. The Russell indexes are part of FTSE Russell, a global index provider.
About Community Bankers Trust Corporation and Essex Bank
Community Bankers Trust Corporation is the holding company for Essex Bank, a Virginia state bank with 25 full-service offices, 19 of which are in Virginia and six of which are in Maryland. The Bank also operates one loan production office in Virginia. The Bank opened new branch offices in West Broad Marketplace in the Short Pump area of metropolitan Richmond on May 16, 2017 and on Timberlake Road in Lynchburg, Virginia on June 19, 2017.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/community-bankers-trust-corporation-added-to-russell-2000-index-300479860.html
SOURCE Community Bankers Trust Corporation