PREMIER FINANCIAL BANCORP, INC. (NASDAQ:PFBI) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
In order to effect a 5 for 4 stock split payable to common shareholders of record on June 4, 2018, Premier Financial Bancorp, Inc. filed Articles of Amendment to its Articles of Incorporation with the Kentucky Secretary of State on May 21, 2018. In accordance with the Kentucky Business Corporation Act, the amendment was adopted by the board of directors. Shareholder action was not required. The amendment, which was effective upon filing on May 21, 2018, is filed as Exhibit 3.1 to this Form 8-K.
Item 7.01. Regulation FD Disclosure
On May 22, 2018, Premier Financial Bancorp, Inc. issued a press release announcing a 5 for 4 stock split and a quarterly cash dividend to its common shareholders. At its regularly scheduled May 2018 meeting, the board of directors declared a 5 for 4 stock split and a $0.15 per share cash dividend to common shareholders. Shareholders of record on June 4, 2018 will be eligible for the stock split which will be paid to shareholders on June 8, 2018 and shareholders of record on June 15, 2018 will be eligible for the cash dividend which will be paid to shareholders on June 29, 2018, the last business date of the quarter.
Item 9.01. Financial Statements and Exhibits
(c) Exhibit 3.1 – Articles of Amendment to Articles of Incorporation dated May 21, 2018.
(c) Exhibit 99.1 – Press Release dated May 22, 2018 captioned “Premier Financial Bancorp, Inc. Announces 5 For 4 Stock Split and Second Quarter Dividend.”.
PREMIER FINANCIAL BANCORP INC ExhibitEX-3.1 2 amendarticlesofincorporation.htm AMENDED ARTICLES OF INCORPORATION MAY 21,…To view the full exhibit click here
About PREMIER FINANCIAL BANCORP, INC. (NASDAQ:PFBI)
Premier Financial Bancorp, Inc. (Premier) is a multi-bank holding company. The Company’s banking subsidiaries (the Banks or Affiliate Banks) consist of Citizens Deposit Bank and Trust, Inc., Vanceburg, Kentucky and Premier Bank, Inc., Huntington, West Virginia. Through the Banks, the Company focuses on providing community banking services to individuals and small-to-medium sized businesses. The Banks provide a range of retail and commercial banking services, including commercial, real estate, agricultural and consumer lending; depository and funds transfer services; collections; safe deposit boxes; cash management services; and other services tailored for both individuals and businesses. The Company operates over nine banking offices in Kentucky, approximately five banking offices in Ohio, over 30 banking offices in West Virginia, approximately four banking offices in Washington, DC, over one banking offices in Maryland and approximately four banking offices in Virginia.
