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) July 1, 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 July 1, 2004, Premier Financial Bancorp, Inc. ("Premier"), a
Kentucky corporation, announced that it had completed the sale 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 pursuant to a Stock Purchase Agreement
dated February 13, 2004. Premier received Fourteen Million Five Hundred
Thousand Dollars ($14,500,000) for the stock of Citizens Bank (Kentucky),
Inc., which is headquartered in Georgetown, Kentucky and has branch offices
in Owingsville and Sharpsburg, Kentucky.
Item 7. Financial Statements and Exhibits
(c) Exhibit 99.1 - Press Release dated July 1, 2004 announcing
completion of the sale of capital stock of Citizens Bank (Kentucky), Inc.
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: July 1, 2004 Brien M. Chase, Vice President
and Chief Financial Officer
EXHIBIT INDEX
Exhibit Number Description
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99.1 Press Release dated July 1, 2004,
captioned "Premier Financial Bancorp,
Announces Completion of Sale of
Citizens Bank (Kentucky)".