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

6.21%Q4 ’056.83%Q2 ’066.66%Q2 ’07+8%-7%

Non-interest income vs. expense

9.01%Q4 ’056.70%Q2 ’065.20%Q2 ’07-26%-24%

Executive Summary

  • Earnings: ROA of -1.42%, up 122 bps year over year; NIM at 2.96%.
  • 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 (quarter, annualized)

-1.42%+122 bps YoY

Net Interest Margin (quarter, annualized)

2.96%-22 bps YoY

Efficiency Ratio (quarter, annualized)

164.81%-4,092 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets-2.64%-1.99%-1.85%-1.29%-1.42%+122 bps
Return on Equity-17.41%-13.60%-13.82%-10.12%-11.47%+594 bps
Net Interest Margin3.17%3.23%3.13%3.17%2.96%-22 bps
Efficiency Ratio206%190.41%188.80%158.93%164.81%-4,092 bps
Non-Interest Burden6.62%6.25%6.00%5.11%5.00%-161 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