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News Breaks
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April 11, 2011
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| 07:06 EDT |  | PFBI |
| theflyonthewall.com: | Premier Financial announces formation of Premier Bank | | Premier Financial Bancorp, a $1.2B bank holding company, with banking locations in Kentucky, Ohio, West Virginia, Virginia, Washington, DC and Maryland announced the formation of Premier Bank, Inc, an $820M West Virginia chartered bank with 23 locations in West Virginia, Virginia, Washington, DC and Maryland. Premier filed applications with state and federal banking regulatory authorities in September 2010 to merge two of its wholly owned West Virginia banks and the two subsidiary banks obtained via the acquisition of Abigail Adams National Bancorp with and into Boone County Bank, also a West Virginia chartered bank. In the first quarter of 2011, Premier received the required approvals from all federal and state banking regulatory authorities to go ahead with its plans and as of the close of business on April 8, the five banks have been merged to form Premier Bank, Inc. :theflyonthewall.com |
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May 15, 2012
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| 08:02 EDT | | PFBI |
| theflyonthewall.com: | Premier Financial announces regulatory approval of merger plan | | Premier Financial Bancorp announced that it has received the required approvals from all state and federal banking regulatory authorities to merge its $60M Farmers Deposit Bank franchise and its $95M Ohio River Bank franchise into its $213M Citizens Deposit Bank and Trust. The resulting bank will be a nearly $367M Kentucky chartered bank with 13 locations in northern Kentucky and southern Ohio and will retain the name Citizens Deposit Bank and Trust. :theflyonthewall.com |
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