0000887919-09-000050 Sample Contracts

Brien M. Chase Senior Vice President and Chief Financial Officer Premier Financial Bancorp, Inc. Huntington, WV 25702 Dear Brien,
Securities Purchase Agreement • October 7th, 2009 • Premier Financial Bancorp Inc • State commercial banks

Premier Financial Bancorp, Inc. (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.

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Duane K. Bickings President and Chief Executive Officer The Adams National Bank Washington, DC 20036 Dear Duane,
Securities Purchase Agreement • October 7th, 2009 • Premier Financial Bancorp Inc • State commercial banks

Premier Financial Bancorp, Inc. (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.

Michael R. Mineer President and Chief Executive Officer Citizens Deposit Bank & Trust Vanceburg, Kentucky 41179 Dear Mike,
Securities Purchase Agreement • October 7th, 2009 • Premier Financial Bancorp Inc • State commercial banks

Premier Financial Bancorp, Inc. (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.

Dennis J. Klingensmith Senior Vice President Premier Financial Bancorp, Inc. c/o First Central Bank Buckhannon, WV 26201 Dear Denny,
Securities Purchase Agreement • October 7th, 2009 • Premier Financial Bancorp Inc • State commercial banks

Premier Financial Bancorp, Inc. (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.

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