Premier Financial Bancorp INC: management transactions · United States · SEC (Form 4)

About Premier Financial Bancorp INC

Premier Financial Bancorp Inc. (PFBI) was a U.S.-listed bank holding company that traded on the Nasdaq Stock Market in the United States before being acquired and absorbed in a completed 2021 merger. Historically, the company was headquartered in Huntington, West Virginia, and was originally incorporated as a Kentucky bank holding company in 1991. PFBI’s legacy footprint was built around a regional community-banking model spanning Kentucky, Ohio, West Virginia, and select Mid-Atlantic markets including Washington, D.C., Maryland, and Virginia. ([sec.gov](https://www.sec.gov/Archives/edgar/data/887919/000088791920000006/pfbi2019-10k.htm?utm_source=openai)) At the operating level, PFBI was focused on traditional deposit gathering, commercial and consumer lending, and local relationship banking. Its core subsidiaries included Citizens Deposit Bank and Trust and Premier Bank. The franchise offered a fairly standard community-banking product set: deposit accounts, commercial loans, commercial real estate lending, small-business financing, and retail banking services aimed at local households and businesses. Strategically, PFBI competed as a regional relationship lender rather than as a national platform, using local market knowledge and branch proximity as its primary differentiators. ([sec.gov](https://www.sec.gov/Archives/edgar/data/887919/000088791920000006/pfbi2019-10k.htm?utm_source=openai)) From a competitive standpoint, PFBI operated in a highly crowded and fragmented banking landscape, where it faced commercial banks, savings institutions, credit unions, and other financial intermediaries. Its value proposition was centered on serving community markets that often favor locally oriented institutions with embedded customer relationships. The company’s presence across several adjacent states allowed it to diversify somewhat within a familiar regional banking corridor while remaining firmly in the community-bank segment. ([sec.gov](https://www.sec.gov/Archives/edgar/data/887919/000088791920000006/pfbi2019-10k.htm?utm_source=openai)) A major recent development was the announced acquisition by Peoples Bancorp Inc. on March 29, 2021, followed by closing on September 17, 2021. At closing, Premier’s 49 office locations were folded into Peoples Bank’s network. For investors following SEC Form 4 insider activity, the key practical takeaway is that PFBI is no longer an independent listed issuer, so historical insider filings and legacy disclosures should be interpreted in the context of a company that has already been taken private through acquisition and integrated into a larger banking group. ([investors.peoplesbancorp.com](https://investors.peoplesbancorp.com/news/news-details/2021/Peoples-Bancorp-Completes-Acquisition-Of-Premier-Financial-Bancorp/default.aspx))