<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange of 1934
Date of Report November 13, 1998
PREMIER FINANCIAL BANCORP, INC.
KENTUCKY 0-20908 61-1206757
115 NORTH HAMILTON STREET, GEORGETOWN, KENTUCKY 40324
(502) 863-1955
120 NORTH HAMILTON STREET
GEORGETOWN, KENTUCKY 40324
(Former address; changed since last report)
<PAGE>
ITEM 2. ACQUISITION OF ASSETS
A copy of the Corporation's press release, dated July 1, 1998, is provided as
an attachment to this Form 8-K.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the corporation has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PREMIER FINANCIAL BANCORP, INC.
Date: November 13, 1998 /s/J. Howell Kelly
------------------------------
J. Howell Kelly
President & Chief Executive Officer
<PAGE>
- -------------------------------------------------------------------------------
NEWS FOR IMMEDIATE RELEASE CONTACT:
J. HOWELL KELLY
JULY 1, 1998 PRESIDENT
(502) 863-7500
PREMIER FINANCIAL BANCORP, INC.
COMPLETE ACQUISITION
PREMIER FINANCIAL BANCORP, INC., GEORGETOWN, KENTUCKY (NASDAQ/NMS -
PFBI), announced the completion of its acquisition of Boone County Bank,
Madison, West Virginia and The Bank of Philippi, Philippi, West Virginia on
June 26, 1998. These two newly formed community banks acquired the former
Madison, Van and Philippi branch of Bank One West Virginia NA in a
transaction with Community Trust Bancorp of Pikeville, Kentucky. Prior to the
acquisition by Bank One, the Madison and Van branches had been Boone National
Bank and The Philippi branch was The First National Bank in Philippi, both
subsidiaries of Key Centurion Bancshares, Inc. which was acquired by Bank One
in 1993. "We are glad to return to these fine communities and look forward to
building strong ties with them through community focused banking," commented
Marshall T. Reynolds, Chairman of Premier and former Chairman of Key
Centurion. The Boone County Bank has $126 million in total assets and The
Bank of Philippi has $53 million.
Premier Financial Bancorp, Inc. is a community bank holding company
with nine individually managed community bank subsidiaries operating in
Kentucky, Ohio and West Virginia.