0000887919-13-000012.txt : 20130404 0000887919-13-000012.hdr.sgml : 20130404 20130404151713 ACCESSION NUMBER: 0000887919-13-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130404 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130404 DATE AS OF CHANGE: 20130404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PREMIER FINANCIAL BANCORP INC CENTRAL INDEX KEY: 0000887919 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 611206757 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20908 FILM NUMBER: 13742789 BUSINESS ADDRESS: STREET 1: 2883 FIFTH AVENUE STREET 2: NONE CITY: HUNTINGTON STATE: WV ZIP: 25702 BUSINESS PHONE: 3045251600 MAIL ADDRESS: STREET 1: 2883 FIFTH AVENUE CITY: HUNTINGTON STATE: WV ZIP: 25702 8-K 1 pfbi8k040413.htm PREMIER FINANCIAL BANCORP, INC. FORM 8-K APRIL 4, 2013 pfbi8k040413.htm


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported) April 4, 2013


 
PREMIER FINANCIAL BANCORP, INC.
 
(Exact name of registrant as specified in its charter)

Commission file number 000-20908

Kentucky
  
61-1206757
(State or other jurisdiction of incorporation organization)
  
(I.R.S. Employer Identification No.)
     
2883 Fifth Avenue
Huntington, West Virginia
  
 
25702
(Address of principal executive offices)
  
(Zip Code)
     
Registrant’s telephone number    (304) 525-1600

Not Applicable
Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

o      Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))

o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))

 
 
 

PREMIER FINANCIAL BANCORP, INC,

INFORMATION TO BE INCLUDED IN THE REPORT


Item 7.01.  Regulation FD Disclosure
 
On April 4, 2013, Premier Financial Bancorp, Inc. “Premier” issued a press release announcing the appointment of Mike Mineer to Senior Vice President of Premier Financial Bancorp, Inc.  Mr. Mineer joined Premier in 2003 as President and CEO of Citizens Deposit Bank in Vanceburg, Kentucky.  He began his banking career in 1989 with Kentucky Community Bancorp, which was eventually acquired by U. S. Bank, working in various capacities within the company.  Mineer holds undergraduate degrees in Marketing and Management from The University of Kentucky and a Master of Business Administration degree from Morehead State University.  As of December 31, 2012, Citizens Deposit Bank had approximately $375 million in total assets, $221 million in total loans and $326 million in total deposits comprising about one-third of Premier’s total operations.  In 2012, Citizens Deposit Bank earned $4.551 million, a 1.21% return on average assets, and comprised approximately 44% of Premier’s net income in 2012.


Item 9.01.  Financial Statements and Exhibits

(c) Exhibit 99.1 - Press Release dated April 4, 2013.
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


PREMIER FINANCIAL BANCORP, INC.
(Registrant)


/s/ Brien M. Chase                                                                                            
Date: April 4, 2013                                                   Brien M. Chase, Senior Vice President
  and Chief Financial Officer




 
 
 



EXHIBIT INDEX


Exhibit Number
  
Description
99.1
  
Press Release dated April 4, 2013 captioned “Mike Mineer Named Senior Vice President of Premier Financial Bancorp, Inc.”
     


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 EX-99.1 2 pressreleasetext040413.htm TEXT OF PRESS RELEASE DATED APRIL 4, 2013 pressreleasetext040413.htm
Exhibit 99.1
 
NEWS FOR IMMEDIATE RELEASE
CONTACT:
LELAND S. STEELE
APRIL 4, 2013
  
304-525-1600, ext 247
    leland.steele@premierbankinc.com
 
 
MIKE MINEER NAMED SENIOR VICE PRESIDENT OF
PREMIER FINANCIAL BANCORP, INC.

PREMIER FINANCIAL BANCORP, INC. (PREMIER), HUNTINGTON, WEST VIRGINIA (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.”
 
Mineer joined Premier in 2003 as President and CEO of Citizens Deposit Bank in Vanceburg, Kentucky.  He began his banking career in 1989 with Kentucky Community Bancorp, which was eventually acquired by U. S. Bank, working in various capacities within the company.  Mineer holds undergraduate degrees in Marketing and Management from The University of Kentucky and a Master of Business Administration degree from Morehead State University.  As of December 31, 2012, Citizens Deposit Bank had approximately $375 million in total assets, $221 million in total loans and $326 million in total deposits comprising about one-third of Premier’s total operations.  In 2012, Citizens Deposit Bank earned $4.551 million, a 1.21% return on average assets, and comprised approximately 44% of Premier’s net income in 2012.
 
Premier Financial Bancorp, Inc. (Premier), Huntington, West Virginia (NASDAQ/GMS-PFBI), is a $1.1billion bank holding company with two bank subsidiaries.  Premier recently reported 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.  Premier also recently announced that it paid an $0.11 per share dividend to common shareholders on March 29, 2013, the last business day of the quarter.
 
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