Premier Financial Bancorp - Form 8k - May 9, 2006



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K


CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported) May 9, 2006


PREMIER FINANCIAL BANCORP, INC.
(Exact name of registrant as specified in its charter)


Kentucky
  
61-1206757
(State or other jurisdiction of incorporation organization)
  
(I.R.S. Employer Identification No.)
     
2883 Fifth Avenue
Huntington, West Virginia
  
 
25702
(Address of principal executive offices)
  
(Zip Code)
     
Registrant’s telephone number (304) 525-1600

Not Applicable
Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))


PREMIER FINANCIAL BANCORP, INC,

INFORMATION TO BE INCLUDED IN THE REPORT


Item 8.01 - Other Events

On or about May 9, 2006, Premier issued a letter to its shareholders discussing the recent termination of a written agreement between the Company and the Federal Reserve Bank of Cleveland. The full text of that letter is furnished as Exhibit 99.1.


Item 9.01. Financial Statements and Exhibits

(c) Exhibit 99.1 - Letter dated May 9, 2006.



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


                                        PREMIER FINANCIAL BANCORP, INC.
(Registrant)


      /s/ Brien M. Chase                                      
Date: May 16, 2006                               Brien M. Chase, Vice President
              and Chief Financial Officer







EXHIBIT INDEX


Exhibit Number
  
Description
99.1
  
Letter to shareholders mailed on or about May 9, 2006.