PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Premier Bank, Inc.

Shepherdstown, WV · Cert 57765

FDIC

Q2 2007

$47.4MAssets
$34.1MLoans
$41.5MDeposits
$5.9MEquity
Deposit mix
95%Interest-bearing $39.4M5%Noninterest $2.0MQ2 2006Q2 2007

NIM

1.78%Q3 ’056.22%Q2 ’066.71%Q2 ’07+199%+7%

Non-interest income vs. expense

6.18%Q3 ’056.68%Q2 ’065.20%Q2 ’07+7%-24%

Executive Summary

  • Earnings: ROA of -1.37%, up 141 bps year over year; NIM at 3.05%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 82.36% of deposits as of Q2 2007.

Financial Results

Return on Assets (YTD, annualized)

-1.37%+141 bps YoY

Net Interest Margin (YTD, annualized)

3.05%+20 bps YoY

Efficiency Ratio (YTD, annualized)

161.82%-6,574 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets-2.77%-2.48%-2.32%-1.29%-1.37%+141 bps
Return on Equity-18.38%-16.92%-16.23%-10.12%-10.79%+759 bps
Net Interest Margin2.86%2.76%2.73%3.17%3.05%+20 bps
Efficiency Ratio228%213%206%158.93%161.82%-6,574 bps
Non-Interest Burden6.60%5.96%5.73%5.11%5.04%-156 bps
Growth
Asset Growth (YoY)n/a99.36%36.13%43.08%12.95%n/a
Loan Growth (YoY)n/a82.69%16.48%18.13%0.05%n/a
Deposit Growth (YoY)n/a124.53%59.94%46.44%17.62%n/a
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.00%1.04%1.01%1.00%1.07%+7 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital21.78%20.39%18.93%17.77%17.51%-427 bps
Equity / Assets15.82%13.62%13.17%12.40%12.39%-343 bps
Liquidity & Funding
Loans / Deposits96.82%82.13%83.86%82.41%82.36%-1,446 bps
Liquid Assets / Assets5.75%1.00%0.04%0.09%0.04%-571 bps
CRE / Total Capitaln/an/an/an/an/an/an/a