Premier Financial Bancorp, Inc. operates as a multi-bank holding company. The Banks attract deposits from the general public and use those funds to originate a variety of commercial and consumer loans.

Company profile
Ticker
PFBI
Exchange
Website
CEO
Robert W. Walker
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Citizens Deposit Bank and Trust Company • Premier Bank, Inc. ...
IRS number
611206757
SEC advisor number
801-38364
FINRA CRD number
107314
AUM ?
$626.41M
(as of 16 Jun 20)
Accounts
1,131
(as of 16 Jun 20)
Employees
16
(10 investment advisory or research)
Address
Premier Financial Bancorp
2883 FIFTH AVENUE
HUNTINGTON
WV 25702
2883 FIFTH AVENUE
HUNTINGTON
WV 25702
Phone
3045251600
PFBI stock data
Calendar
12 Aug 21
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
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Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 164.84M | 164.84M | 164.84M | 164.84M | 164.84M | 164.84M |
Cash burn (monthly) | 6.79M | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 80.83M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 84.01M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 12.4 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Sep 21 | Toney K Adkins | PFBI Common | Sale back to company | Dispose D | No | No | 0 | 16,209 | 0 | 0 |
17 Sep 21 | Philip E Cline | PFBI Common Stock | Sale back to company | Dispose D | No | No | 0 | 168,000 | 0 | 0 |
17 Sep 21 | Harry Maxwell Hatfield | Premier Financial Bancorp, Inc. Common Stock | Sale back to company | Dispose D | No | No | 0 | 30,000 | 0 | 0 |
17 Sep 21 | Lloyd George Jackson II | PFBI Common Stock | Sale back to company | Dispose D | No | No | 0 | 22,189 | 0 | 0 |
17 Sep 21 | Thomas W Wright | PFBI Common Stock | Sale back to company | Dispose D | No | No | 0 | 8,258 | 0 | 0 |
Institutional ownership, Q3 2021
0.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 1 |
Closed positions | 62 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 36.04M |
Total shares | 32.59K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Private Management | 26.3K | $443K |
BNP Paribas Arbitrage | 3.29K | $35.54M |
Security National Trust | 3K | $50K |
Financial report summary
?Risks
- Changes in interest rates could negatively impact the Company’s results of operations
- Allowance for loan losses may be insufficient
- Changes in energy and natural resource markets may increase credit risk in the loan portfolio
- Regional economic changes in the Company’s markets could adversely impact results from operations
- Concentration of commercial real estate and commercial business loans may increase credit risk in the loan portfolio
- Extensive regulation and supervision
- Dividend payments by subsidiaries to Premier and by Premier to its shareholders can be restricted.
- The Company’s expenses will increase as a result of increases in FDIC insurance premiums.
- Additional capital may not be available when needed or required by regulatory authorities
- If a subsidiary bank’s current capital ratios decline below the regulatory threshold for an “adequately capitalized” institution, the bank will be considered “undercapitalized” which may have a material and adverse effect on Premier.
- Strong competition within the Company’s market areas may limit profitability
- Loss of large checking and money market deposit customers could increase cost of funds and have a negative effect on results of operations
- Claims and litigation pertaining to fiduciary responsibility
- Integration of current and future acquisitions may be more difficult than anticipated
- Transition from London InterBank Offering Rate (“LIBOR”) as a floating rate index to a substitute could adversely affect financial markets generally.
- New or revised tax, accounting and other laws, regulations, rules and standards could significantly impact strategic initiatives, results of operations and financial condition
- Unauthorized disclosure of sensitive or confidential customer information and cyber-security breaches could severely harm the Company’s reputation and have a negative effect on results of operations.
- The extended disruption of vital infrastructure could negatively impact the Company’s results of operations and financial condition
- Defaults by another larger financial institution could adversely affect financial markets generally.
- Market volatility may adversely affect market price of common stock or investment security values
- Inability to hire and retain qualified employees
- Great Britain’s exit from the European Union (“Brexit”) could adversely affect financial markets generally.
- Issuance of preferred shares would impact net income available to common stockholders
- Future issuances of common shares or other securities may dilute the value of outstanding common shares, which may also adversely affect their market price
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
advertising, disposition, eventually, month, postage, predominantly, prime, removal, reoccur, resumption, snow, travel, virtually
Removed:
agency, April, computing, payroll, percentage, volume
Financial reports
Current reports
8-K
Completion of Acquisition or Disposition of Assets
17 Sep 21
8-K
Announces Third Quarter Dividend
23 Aug 21
8-K
Departure of Directors or Certain Officers
10 Aug 21
8-K
Reports Second Quarter 2021 Earnings
4 Aug 21
8-K
Submission of Matters to a Vote of Security Holders
1 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
17 Jun 21
8-K
Announces Second Quarter Dividend
21 May 21
8-K
Reports First Quarter 2021 Earnings
30 Apr 21
8-K
Entry into a Material Definitive Agreement
31 Mar 21
8-K
Other Events
30 Mar 21
Registration and prospectus
15-12G
Securities registration termination
30 Sep 21
25-NSE
Exchange delisting
17 Sep 21
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Jan 13
S-8
Registration of securities for employees
2 Dec 12
S-4/A
Registration of securities issued in business combination transactions (amended)
7 Jul 09
S-4
Registration of securities issued in business combination transactions
17 Jun 09
Other
EFFECT
Notice of effectiveness
26 Jul 18
CORRESP
Correspondence with SEC
23 Jul 18
UPLOAD
Letter from SEC
18 Jul 18
EFFECT
Notice of effectiveness
15 Nov 15
UPLOAD
Letter from SEC
4 Nov 15
UPLOAD
Letter from SEC
8 Nov 11
CORRESP
Correspondence with SEC
4 Oct 11
UPLOAD
Letter from SEC
20 Sep 11
EFFECT
Notice of effectiveness
12 Jul 09
CORRESP
Correspondence with SEC
7 Jul 09
Ownership
4
PREMIER FINANCIAL BANCORP / Katrina Whitt ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / DOUGLAS V REYNOLDS ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / Scot A. Kelley ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / Michael Ray Mineer ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / MARSHALL T REYNOLDS ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / JONATHAN MARK BIAS ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / BRIEN M CHASE ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / THOMAS W WRIGHT ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / NEAL SCAGGS ownership change
17 Sep 21
4
PREMIER FINANCIAL BANCORP / Lloyd George Jackson II ownership change
17 Sep 21
Reddit threads
Daily Discussion Thread - August 31st, 2021
31 Aug 21
Daily Discussion Thread - August 30th, 2021
30 Aug 21
Daily Discussion Thread - August 5th, 2021
5 Aug 21
Daily Discussion Thread - August 4th, 2021
4 Aug 21
Daily Discussion Thread - July 29th, 2021
29 Jul 21
Daily Discussion Thread - July 28th, 2021
28 Jul 21
Daily Discussion Thread - July 27th, 2021
27 Jul 21
Daily Discussion Thread - July 26th, 2021
26 Jul 21