BASIS OF PRESENTATION (Tables)

6 Months Ended

Jun. 30, 2020

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		June 30, 2020 Net Income
Subsidiary	Location	Acquired	Assets		Qtr			YTD
Citizens Deposit Bank & Trust	Vanceburg, Kentucky	1991	$	578,556	$	1,438		$	3,021
Premier Bank, Inc.	Huntington, West Virginia	1998		1,328,897		4,741			8,974
Parent and Intercompany Eliminations				7,541		(673	)		(1,121	)
Consolidated Total			$	1,914,994	$	5,506		$	10,874