PFBI News 14.24 Premier Financial Bancorp (PFBI)

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Premier Financial Bancorp (PFBI) 14.24 $PFBI

Premier Financial Bancorp, Inc. Announces Completion Of Bank Of Gassaway Acquisition
PR Newswire - Mon Apr 07, 8:15AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI), a $1.1 billion community bank holding company with two bank subsidiaries, announced that the acquisition of the Bank of Gassaway ("Gassaway" was completed effective with the close of business on April 4, 2014. Gassaway, a $172 million bank (as of December 31, 2013) headquartered in Gassaway, West Virginia, was purchased by Premier Bank, Inc., Premier's wholly owned bank subsidiary, for $20.25 million under terms of an amended and restated agreement of merger dated January 3, 2014.

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Premier Financial Bancorp, Inc. Announces 28% Increase In 2013 Net Income
PR Newswire - Wed Mar 12, 7:30AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.1 billion bank holding company with two bank subsidiaries, announced its financial results for the 2013 calendar year. Premier realized record annual net income of $13,229,000 ($1.49 per diluted share) during the year ending December 31, 2013, a 28.2% increase from the $10,323,000 ($1.24 per diluted share) reported for the year ending December 31, 2012. The increase in net income in 2013 was largely due to a decrease in the provision for loan losses and a decrease in operating expenses when compared to 2012 results. These items more than offset a decrease in interest income and non-interest income.

Premier Financial Bancorp, Inc. Announces Increase In Regular Quarterly Dividend
PR Newswire - Fri Feb 28, 7:30AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI) a $1.1 billion community bank holding company with two bank subsidiaries announced today that it will pay a first quarter cash dividend of $0.12 per share on its common stock, a $0.01 per share increase over its previous quarterly dividend. At its regularly scheduled February meeting, the board of directors declared a $0.12 per share dividend to common shareholders of record on March 17, 2014. The cash dividend will be paid to shareholders on March 31, 2014.

Premier Financial Bancorp, Inc. Announces $0.11 Special Cash Dividend
PR Newswire - Thu Jan 16, 12:30PM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI) a $1.1 billion community bank holding company with two bank subsidiaries announced today that it will pay a special cash dividend of $0.11 per share on its common stock. At its regularly scheduled January meeting, the board of directors declared an $0.11 per share special dividend to common shareholders of record on January 27, 2014. The cash dividend will be paid to shareholders on January 31, 2014.

Premier Financial Bancorp, Inc. Announces $0.11 Fourth Quarter Dividend
PR Newswire - Fri Nov 29, 1:00PM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), HUNTINGTON, WEST VIRGINIA (NASDAQ/GMS-PFBI) a $1.1 billion community bank holding company with two bank subsidiaries announced today that it will pay a fourth quarter cash dividend of $0.11 per share on its common stock. At its regularly scheduled November meeting, the board of directors declared an $0.11 per share dividend to common shareholders of record on December 16, 2013. The cash dividend will be paid to shareholders on December 31, 2013.

Premier Financial Bancorp, Inc. Announces Agreement To Purchase Bank of Gassaway
PR Newswire - Tue Nov 19, 7:30AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), HUNTINGTON, WEST VIRGINIA (NASDAQ/GM-PFBI), a $1.1 billion community bank holding company with two bank subsidiaries, and Gassaway Bancshares, Inc. ("Bancshares", a $165 million single bank holding company headquartered in Gassaway, West Virginia jointly announce that they have entered into a definitive agreement whereby Premier Bank, Inc., Premier's wholly owned subsidiary, will acquire the Bank of Gassaway, the wholly owned subsidiary of Bancshares, in a cash purchase valued at approximately $20.3 million. The resulting merger will expand Premier Bank's footprint into central West Virginia along the I-79 corridor.

Premier Financial Bancorp, Inc. Reports 63% Increase in Third Quarter 2013 Earnings
PR Newswire - Mon Nov 04, 8:00AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI), a $1.1 billion bank holding company with two bank subsidiaries, announced its financial results for the third quarter of 2013. Premier realized net income of $3,926,000 (44 cents per share) during the quarter ending September 30, 2013, a 62.8% increase from the $2,411,000 of net income reported for the third quarter of 2012. The increase in income in 2013 is largely due to an increase in interest income on loans, a decrease in interest expense, a decrease in non-interest expense, and a decrease in the provision for loan losses. On a diluted per share basis, Premier earned $0.44 during the third quarter of 2013 compared to $0.37 per share earned during the third quarter of 2012. For the first nine months of 2013 Premier realized net income of $9,539,000 ($1.07 per diluted share) compared to $7,333,000 (90 cents per diluted share) earned during the first nine months of 2012.

Premier Financial Bancorp, Inc. Announces $0.11 Third Quarter Dividend
PR Newswire - Wed Aug 28, 10:00AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI) a $1.1 billion community bank holding company with two bank subsidiaries announced today that it will pay a third quarter cash dividend of $0.11 per share on its common stock. At its regularly scheduled August meeting, the board of directors declared an $0.11 per share dividend to common shareholders of record on September 16, 2013. The cash dividend will be paid to shareholders on September 30, 2013.

Premier Financial Bancorp, Inc. Reports Second Quarter 2013 Earnings
PR Newswire - Thu Aug 01, 7:45AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/NMS: PFBI), a $1.1 billion bank holding company with two bank subsidiaries, announced its financial results for the second quarter of 2013. Premier realized income of $3,109,000 (35 cents per share) during the quarter ending June 30, 2013, a 48.6% increase from the $2,092,000 of net income reported for the second quarter of 2012. The increase in income in 2013 is largely due to an increase in interest income (primarily on loans), a decrease in interest expense, a decrease in non-interest expense, and a decrease in the provision for loan losses. On a diluted per share basis, Premier earned $0.35 during the second quarter of 2013 compared to $0.22 per share earned during the second quarter of 2012. For the first half of 2013 Premier realized net income of $5,613,000 (63 cents per diluted share) compared to $4,311,000 (53 cents per diluted share) earned during the first half of 2012.

Premier Financial Bancorp, Inc. Announces $0.11 Second Quarter Dividend
PR Newswire - Wed May 29, 12:00PM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), HUNTINGTON, WEST VIRGINIA (NASDAQ-GM: PFBI), a $1.1 billion community bank holding company with two bank subsidiaries announced today that it will pay a second quarter cash dividend of $0.11 per share on its common stock. At its regularly scheduled May meeting, the board of directors declared an $0.11 per share dividend to common shareholders of record on June 14, 2013. The cash dividend will be paid to shareholders on June 28, 2013, the last business day of the quarter.

Premier Financial Bancorp, Inc. Reports First Quarter 2013 Earnings
PR Newswire - Wed May 01, 7:15AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/NMS: PFBI), a $1.1 billion bank holding company with two bank subsidiaries, announced its financial results for the first quarter of 2013. Premier realized income of $2,504,000 (28 cents per share) during the quarter ending March 31, 2013, an 11.5% decrease from the $2,830,000 of net income reported for the first quarter of 2012. The decrease in income from 2012 is largely due to a decrease in interest income (primarily on loans) exceeding a decrease in interest expense, a decrease in non-interest expense, a decrease in the provision for loan losses and an increase in non-interest income. On a diluted per share basis, Premier earned $0.28 during the first quarter of 2013 compared to $0.31 per share earned during the first quarter 2012.

Mike Mineer Named Senior Vice President of Premier Financial Bancorp, Inc.
PR Newswire - Thu Apr 04, 1:00PM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER) (NASDAQ/GMS-PFBI) announced today the promotion of Mike Mineer to Senior Vice President of the bank holding company. In making the announcement, Robert W. Walker, President and Chief Executive Officer of Premier said, "The board of directors and management of Premier want to recognize Mike's leadership and senior management team role in the company with the title of Senior Vice President. In his role as President and CEO of our Citizens Deposit Bank affiliate, Mike has been very successful in growing the franchise and we have full confidence in his ability to assist the holding company leadership team. Mike is a wonderful person and fine family man. We are proud to have him on the senior management team and look forward to his insights."

Premier Financial Bancorp, Inc. Announces 2012 Annual Results
PR Newswire - Thu Mar 07, 7:15AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.1 billion bank holding company with two bank subsidiaries, announced its financial results for the 2012 calendar year. Premier realized record annual net income of $10,323,000 ($1.24 per diluted share) during the year ending December 31, 2012, a 44.0% increase from the $7,168,000 ($0.74 per diluted share) reported for the year ending December 31, 2011. The increase in net income in 2012 was largely due to a decrease in non-interest expense and interest expense as well as gains on the sale of a note and the disposition of securities. These items more than offset a decrease in interest income and non-interest income plus an increase in the provision for loan losses.

Premier Financial Bancorp, Inc. Announces $0.11 First Quarter Dividend
PR Newswire - Fri Mar 01, 9:30AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI) a $1.1 billion community bank holding company with two bank subsidiaries announced today that it will pay a first quarter cash dividend of $0.11 per share on its common stock. At its regularly scheduled February meeting, the board of directors declared an $0.11 per share dividend to common shareholders of record on March 15, 2013. The cash dividend will be paid to shareholders on March 29, 2013, the last business day of the quarter.
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