SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) February 13, 2004
Premier Financial Bancorp, Inc.
(Exact name of registrant as specified in its charter)
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Kentucky 0-20908 61-1206757
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(State or other juris- (Commission File No.) (IRS Employer Identi-
diction of corporation) fication No.)
2883 Fifth Avenue
Huntington, West Virginia 25702
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (304) 525-1600
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Not Applicable
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(Former name or former address, if changes since last report)
INFORMATION TO BE INCLUDED IN THE REPORT
Item 2. Acquisition or Disposition of Assets
On February 13, 2004, Premier Financial Bancorp, Inc. ("Premier"), a
Kentucky corporation, announced that it had executed a definitive Stock
Purchase Agreement dated February 13, 2004 providing for the sale by Premier of
all issued and outstanding capital stock of its wholly owned subsidiary Citizens
Bank (Kentucky), Inc. to Farmers Capital Bank Corporation, a Kentucky
corporation headquartered in Frankfort, Kentucky. Citizens Bank (Kentucky),
Inc. is headquartered in Georgetown, Kentucky and has branch offices in
Owingsville and Sharpsburg, Kentucky. The Stock Purchase Agreement provides
that the aggregate purchase price shall be Fourteen Million Five Hundred
Thousand Dollars ($14,500,000). Consummation of the Stock Purchase Agreement
is contingent upon satisfaction of conditions set forth in the Agreement.
Item 7. Financial Statements and Exhibits
Exhibit 2.1 - Stock Purchase Agreement dated February 13, 2004 among
Citizens Bank (Kentucky), Inc., Premier Financial Bancorp, Inc. and Farmers
Capital Bank Corporation.
Exhibit 99.1 - Press Release dated February 13, 2004.
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.
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(Registrant)
/s/ Brien M. Chase
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Date: February 19, 2004 Brien M. Chase, Vice President
and Chief Financial Officer
EXHIBIT INDEX
Exhibit Number Description
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2.1 Stock Purchase Agreement dated
February 13, 2004 among Citizens Bank
(Kentucky), Inc., Premier Financial
Bancorp, Inc. and Farmers Capital Bank
Corporation
99.1 Press Release dated February 13, 2004,
captioned "Premier Financial Bancorp,
Inc. Announces Agreement to Sell
Citizens Bank (Kentucky), Inc."