Premier Financial Bancorp (PFBI) Reports Q2 EPS of $0.37

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Premier Financial Bancorp, Inc. Reports Second Quarter 2015 Earnings

August 4, 2015 8:15 AM EDT

HUNTINGTON, W.Va., Aug. 4, 2015 /PRNewswire/ -- PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.25 billion bank holding company with two bank subsidiaries, announced its financial results for the second quarter of 2015.  Premier realized net income of $3,127,000 (37 cents per diluted share) during the quarter ended June 30, 2015, a 0.9% increase from the $3,100,000 of net income reported for the second quarter of 2014.  The increase in income in the second quarter of 2015 is largely due to an increase in interest income, a decrease in interest expense and a decrease in the provision for loan losses, which more than offset an... More