LOAN AGREEMENT MODIFICATIONLoan Agreement Modification • December 15th, 2009 • Premier Financial Bancorp Inc • State commercial banks
Whereas, Borrower is indebted to Lender as of the date hereof in the amount of two million four hundred thousand and 00/100 dollars ($2,400,000) evidenced by a promissory note from Borrower to Lender in the original face amount of four million five hundred thousand and 00/100 dollars ($4,500,000.00), dated December 11, 2009 (the “Note”), which is secured by 559,800 shares of Citizens Deposit Bank & Trust (Vanceburg) stock and 18,750 shares of Farmers Deposit Bank (Eminence) stock.
