April 4, 2013
PREMIER FINANCIAL BANCORP, INC. ( PREMIER)
(NASDAQ/GMS-PFBI) announced today the promotion of
to Senior Vice President of the bank holding company. In making the announcement,
Robert W. Walker
, President and Chief Executive Officer of
said, "The board of directors and management of
want to recognize Mike's leadership and senior management team role in the company with the title of Senior Vice President. In his role as President and CEO of our Citizens Deposit Bank affiliate, Mike has been very successful in growing the franchise and we have full confidence in his ability to assist the holding company leadership team. Mike is a wonderful person and fine family man. We are proud to have him on the senior management team and look forward to his insights."
in 2003 as President and CEO of Citizens Deposit Bank in
, Kentucky. He began his banking career in 1989 with Kentucky Community Bancorp, which was eventually acquired by U. S. Bank, working in various capacities within the company. Mineer holds undergraduate degrees in Marketing and Management from The
University of Kentucky
and a Master of Business Administration degree from Morehead State University. As of
December 31, 2012
, Citizens Deposit Bank had approximately
in total assets,
in total loans and
in total deposits comprising about one-third of
's total operations. In 2012, Citizens Deposit Bank earned
, a 1.21% return on average assets, and comprised approximately 44% of
's net income in 2012.
Premier Financial Bancorp, Inc. (
Huntington, West Virginia
(NASDAQ/GMS-PFBI), is a
bank holding company with two bank subsidiaries.
recently reported record annual net income of
per diluted share) during the year ending
December 31, 2012
, a 44.0% increase from the
per diluted share) reported for the year ending
also recently announced that it paid an
per share dividend to common shareholders on
March 29, 2013
, the last business day of the quarter.
SOURCE Premier Financial Bancorp, Inc.