WHEELING, W.Va., Feb. 12, 2014 /PRNewswire/ -- Interim President and Chief Executive Officer, William G. Petroplus announced that the Board of Directors of First West Virginia Bancorp, Inc. (NYSE MKT: FWV) has approved an increase in the quarterly cash dividend on its common stock from 19 cents per share to 20 cents per share to be paid to its shareholders for the first quarter of 2014. The dividend will be paid on March 17, 2014 to shareholders of record on March 3, 2014, and represents approximately a 5.3% increase over the cash dividend paid during the fourth quarter of 2013.

First West Virginia Bancorp, Inc. is the parent company of Progressive Bank, N.A., Wheeling, West Virginia.

First West Virginia Bancorp, Inc. stock is traded on the NYSE MKT under the symbol "FWV."

SOURCE First West Virginia Bancorp, Inc.