Premier Financial Bancorp Announces Termination Of Written Agreement With Federal Reserve Bank Of Richmond

Premier Financial Bancorp PFBI, a $1.1 billion bank holding company with four bank subsidiaries, announced today that its July 29, 2010 Written Agreement with the Federal Reserve Bank of Richmond ("FRB") has been terminated by the FRB. In a notice posted on the Federal Reserve System Board of Governors' website on July 24, 2012, (www.federalreserve.gov), the Federal Reserve Bank noted that Premier has fully satisfied all of the provisions of the Written Agreement and, accordingly, the FRB had terminated the agreement effective July 23, 2012.