Premier Financial Bancorp, Inc. (Premier) is a multi-bank holding company. As March 15, 2012, the Company operated eight banking offices in Kentucky, five banking offices in Ohio, 14 banking offices in West Virginia, five banking offices in Washington, DC, one banking office in Maryland and two banking offices in Virginia. At December 31, 2011, Premier had total consolidated assets of $1,124.1 million and total consolidated deposits of $925.1 million. The banking subsidiaries (the Banks) consist of Citizens Deposit Bank & Trust, Vanceburg, Kentucky; Farmers Deposit Bank, Eminence, Kentucky; Ohio River Bank, Ironton, Ohio, and Premier Bank, Inc., Huntington, West Virginia. On April 9, 2011, Premier merged five of its subsidiary banks, Adams National Bank (Adams National), Consolidated Bank and Trust Company (CB&T), First Central Bank and Traders Bank, Inc., to form Premier Bank, Inc. On May 16, 2011, Abigail Adams National Bancorp, Inc. (AANBI) was merged into Premier.