SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Accounts of the Company and its Wholly Owned Subsidiaries

NOTE  1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The consolidated financial statements include the accounts of Premier Financial Bancorp, Inc. (the Company) and its wholly-owned subsidiaries:

			Unaudited
			December 31, 2012
Subsidiary	Location	Year Acquired	Total Assets		Net Income
Citizens Deposit Bank & Trust	Vanceburg, Kentucky	1991	$	374,456	$	4,551
Premier Bank, Inc.	Huntington, West Virginia	1998		738,857		7,868
Parent and Intercompany Eliminations				7,474		(2,096	)
Consolidated total			$	1,120,787	$	10,323