0000887919-15-000033.txt : 20150825 0000887919-15-000033.hdr.sgml : 20150825 20150825110335 ACCESSION NUMBER: 0000887919-15-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150825 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150825 DATE AS OF CHANGE: 20150825 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: 151072398 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 pfbi8k082515.htm PREMIER FINANCIAL BANCORP, INC. FORM 8-K AUGUST 25, 2015
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)  August 25, 2015
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 August 25, 2015, Premier Financial Bancorp, Inc. issued a press release announcing a quarterly cash dividend to its common shareholders.  At its regularly scheduled August 2015 meeting, the board of directors declared a $0.15 per share cash dividend to common shareholders.  Shareholders of record on September 15, 2015 will be eligible for the cash dividend which will be paid to shareholders on September 30, 2015.
 
 
 
Item 9.01.  Financial Statements and Exhibits
 
(c) Exhibit 99.1 - Press Release dated August 25, 2015.
 
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: August 25, 2015                                                                                              Brien M. Chase, Senior Vice President
  and Chief Financial Officer







EXHIBIT INDEX


Exhibit Number
  
Description
99.1
  
Press Release dated August 25, 2015 captioned “Premier Financial Bancorp, Inc. Announces 15% Increase in Quarterly Dividend.”
     



 
 
 
 
 
 
 

 
 EX-99.1 2 pressreleasetext082515.htm TEXT OF PRESS RELEASE DATED AUGUST 25, 2015
 
Exhibit 99.1
 
NEWS FOR IMMEDIATE RELEASE
CONTACT:
 BRIEN M. CHASE, CFO
AUGUST 25, 2015
  
 304-525-1600
 

PREMIER FINANCIAL BANCORP, INC.
ANNOUNCES 15% INCREASE IN QUARTERLY DIVIDEND

PREMIER FINANCIAL BANCORP, INC. (PREMIER), HUNTINGTON, WEST VIRGINIA (NASDAQ/GMS-PFBI) a $1.3 billion community bank holding company with two bank subsidiaries announced today that it will pay a third quarter cash dividend of $0.15 per share on its common stock, a $0.02 or 15.3%, increase from the $0.13 quarterly cash dividend which began in the fourth quarter of 2014.  At its regularly scheduled August meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on September 15, 2015.  The cash dividend will be paid to shareholders on September 30, 2015.

Premier recently announced a definitive agreement whereby Premier will acquire First National Bankshares Corporation, a $261 million single bank holding company headquartered in Ronceverte, West Virginia, for a combination of cash and stock currently valued at approximately $26.5 million.  The resulting merger will expand Premier's footprint into the Greenbrier Valley of West Virginia and into Covington, Virginia along Interstate 64 with six branch locations.

Certain Statements contained in this news release, including without limitation, statements including the word "believes," "anticipates," "intends," "expects" or words of similar import, constitute "forward-looking statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").  Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Premier to be materially different from any future results, performance or achievements of Premier expressed or implied by such forward-looking statements.  Such factors include, among others, general economic and business conditions, changes in business strategy or development plans and other factors referenced in this press release.  Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.  Premier disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.