Premier Financial Bancorp (PFBI) Announces Plans to Pay February TARP Dividend
Premier Financial Bancorp, Inc. (NASDAQ: PFBI) announced that it received approval from the Federal Reserve Bank of Richmond ("FRB") and the Federal Reserve Board of Governors ("Board of Governors") to pay the regularly scheduled quarterly dividend due February 15, 2012 on Premier's Series A Preferred Stock owned by the U.S. Treasury under the Troubled Asset Relief Program ("TARP").
In a letter dated February 13, 2012, the FRB and Board of Governors approved Premier's January 19, 2012 request to pay the current $278,150 dividend due February 15, 2012.
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In a letter dated February 13, 2012, the FRB and Board of Governors approved Premier's January 19, 2012 request to pay the current $278,150 dividend due February 15, 2012.
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