BASIS OF PRESENTATION (Tables)

9 Months Ended

Sep. 30, 2014

BASIS OF PRESENTATION [Abstract]

Accounts of the Company and its Wholly Owned Subsidiaries

The consolidated financial statements include the accounts of Premier Financial Bancorp, Inc. (the Company) and its wholly owned subsidiaries (the “Banks”):

		Year	Total		September 30, 2014 Net Income
Subsidiary	Location	Acquired	Assets		Qtr			YTD
Citizens Deposit Bank & Trust	Vanceburg, Kentucky	1991	$	372,951	$	1,130		$	3,390
Premier Bank, Inc.	Huntington, West Virginia	1998		880,810		2,578			7,665
Parent and Intercompany Eliminations				7,607		(557	)		(1,134	)
Consolidated Total			$	1,261,368	$	3,151		$	9,921