Premier Financial Bancorp Stock Company Profile

Description

Premier Financial Bancorp, Inc., a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. The company provides various deposit products, including checking accounts, NOW accounts, savings accounts, money market accounts, club accounts, individual retirement accounts, certificates of deposit, and overdraft protection. It also offers various lending products comprising loans secured by 1-4 family real estate, multifamily residential real estate, owner occupied non-farm non-residential real estate, and non-farm non-residential real estate properties; commercial loans that are secured by business assets consisting of real estate, equipment, inventory, and accounts receivable; industrial loans; financing services for automobile; personal loans, such as unsecured lines of credit; and other loans, such as commercial and residential construction loans, loans secured by farmland, agricultural loans, and loans to tax-exempt entities. In addition, the company provides depository and funds transfer services; collections; safe deposit boxes; cash management services; and bill payment, remote deposits, telephone banking, and Internet banking services, as well as other services. As of March 5, 2016, it operated 9 banking offices in Kentucky, 3 banking offices in Ohio, 26 banking offices in West Virginia, 4 banking offices in Washington DC, 1 banking offices in Maryland, and 4 banking offices in Virginia. Premier Financial Bancorp, Inc. was founded in 1991 and is headquartered in Huntington, West Virginia.