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Stock Market & Financial Investment News

News Breaks
May 16, 2011
13:01 EDTPFBI
theflyonthewall.com: Premier Financial receives approval to pay TARP dividends
Premier Financial announced that it received approval from the Federal Reserve Bank of Richmond and the Federal Reserve Board of Governors to pay the regularly scheduled quarterly dividend due May 16 and the prior two deferred dividends on Premier's Series A Preferred Stock owned by the U.S. Treasury under the Troubled Asset Relief Program. In a letter dated May 13, the FRB and Board of Governors approved Premier's April 19 request to pay the current dividend due May 16 and the prior two deferred dividends for a total of $834,450, plus any accrued interest. :theflyonthewall.com



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May 15, 2012
08:02 EDTPFBI
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