▁the ▁Pan ic ▁of ▁ 1 8 2 5 . ▁ ▁Re - use ▁of ▁name ▁The ▁P embro kes hire ▁Bank ▁name ▁was ▁acquired ▁by ▁the ▁partners hip ▁of ▁John ▁& ▁William ▁Wal ters ▁of ▁Ha ver ford west ▁in ▁ 1 8 2 7 . ▁John ▁Wal ters , ▁was ▁born ▁near ▁Pont ard ul ais , ▁on ▁the ▁Car mar th ens hire ▁side ▁of ▁the ▁county ▁boundary . ▁T ogether ▁with ▁his ▁son , ▁William ▁Wal ters , ▁they ▁had ▁been ▁partners ▁in ▁the ▁bank ing ▁business ▁of ▁Wal ters , ▁V oss ▁and ▁Wal ters ▁in ▁Sw anse a . ▁The ▁new ▁P embro kes hire ▁Bank ▁was ▁located ▁in ▁the ▁centre ▁of ▁the ▁lower ▁end ▁of ▁High ▁Street , ▁Ha ver ford west , ▁known ▁as ▁Short ▁Row , ▁and ▁since ▁pulled ▁down . ▁Later ▁on , ▁the ▁Bank ▁moved , ▁success ively , ▁to ▁three ▁other ▁buildings ▁on ▁the ▁High ▁Street . ▁ ▁John ▁Wal ters ▁died ▁shortly ▁after ▁the ▁establishment ▁of ▁the ▁new ▁P embro ke ▁Bank , ▁and ▁William ▁Wal ters ▁carried ▁on ▁the ▁business ▁by ▁himself . ▁ ▁Branch es ▁were ▁opened ▁in ▁Nar ber th , ▁in ▁ 1 8 6 3 , ▁Mil ford ▁H aven , ▁and ▁P embro ke ▁D ock . ▁After ▁the ▁death ▁of ▁William ▁Wal ters , ▁on ▁ 2 0 ▁December ▁ 1 8 7 2 , ▁his ▁estate ▁was ▁dis posed ▁of ▁by ▁his ▁trust ees , ▁on ▁beh alf ▁of ▁his ▁ 1