Premier Bank, Inc.

2883 Fifth Ave
Huntington, WV 25702

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34837
Date Established 1998
Assets $1.07 billion
Loans $0.75 billion
Deposits $0.93 billion
Capital $0.14 billion

Premier Bank, Inc. is an FDIC insured institution located in Huntington, WV. It was founded in 1998 and has approximately $1.07 billion in assets. Customers can open an account at one of its 33 branches.

For a more detailed analysis of Premier Bank, Inc.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Premier Bank, Inc.’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in West Virginia, Premier Bank, Inc. has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 31.32
Multifamily
Mortgages
7.65
Credit Card Loans 0.01
Consumer Auto Loans 0.79
Small Business Loans 10.99
Construction and Development Loans 12.68
Commercial Real Estate 35.96
Commercial and Industrial Loans 8.86
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.25% $500 $99,999 Learn MoreShow Less
3 Mo CD 10K
0.35% $500 - Learn MoreShow Less
3 Mo CD 100K
0.25% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.30% $500 $99,999 Learn MoreShow Less
6 Mo CD 10K
0.45% $500 - Learn MoreShow Less
6 Mo CD 100K
0.30% $100,000 - Learn MoreShow Less
Special: 7 Mo CD
0.75% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $100 - Learn MoreShow Less
Savings 2.5K
0.15% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $500 $99,999 Learn MoreShow Less
Fixed IRA 0K
0.45% $500 - Learn MoreShow Less
Special: 13 Mo FIRA
1.00% $500 - Learn MoreShow Less
Special: 19 Mo FIRA
1.31% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.15% $100 - Learn MoreShow Less
Var IRA 0K
0.10% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $5,000 $19,999 Learn MoreShow Less
MM 10K
0.10% $5,000 $19,999 Learn MoreShow Less
MM 25K
0.20% $20,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1,000 - Learn MoreShow Less
Int Ckg 0K
0.07% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Premier Bank, Inc.

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Premier Bank, Inc.
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Premier Bank, Inc. branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Premier Bank, Inc. Locations

Financial Details

Premier Bank, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Premier Bank, Inc.. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Premier Bank, Inc. U.S. Bank Average
19.09% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Premier Bank, Inc. had $17,016,000 in non-current loans and $10,930,000 in owned real estate. To cover these potential losses it had $137,493,000 in equity and $8,936,000 in loans loss reserves. That gives it a Texas Ratio of 19.09%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Premier Bank, Inc. U.S. Bank Average
9.21% 8.58

Premier Bank, Inc. has a Return on Equity of 9.21% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Premier Bank, Inc. U.S. Bank Average
12.85% 12.11

Premier Bank, Inc. has a Capitalization of 12.85% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Premier Bank, Inc. Balance Sheet Analysis

As of June 30, 2017, Premier Bank, Inc. had assets of $1,070,325,000, loans of $754,409,000, and deposits of $925,014,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Premier Bank, Inc.

Branches and Savings

Is Premier Bank, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #34837.

Why does Premier Bank, Inc. pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Premier Bank, Inc. CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Premier Bank, Inc. a commercial bank?

Yes

Where are Premier Bank, Inc. locations?

See branch locations nearby.

Is Premier Bank, Inc. open on Saturdays?

Is Premier Bank, Inc. open on Sundays?

What time does Premier Bank, Inc. open?

What time does Premier Bank, Inc. close?

Are Premier Bank, Inc. ATMs Open 24/7?

Do Premier Bank, Inc. ATMs accept cash deposits?

Can Premier Bank, Inc. customers use other ATMs?

Do Premier Bank, Inc. branches have notaries?

Will Premier Bank, Inc. notarize my document?

What address for Premier Bank, Inc. should I put for incoming ACH transfers?

Will the Premier Bank, Inc. branch print checks?

Do Premier Bank, Inc. checks expire?

Does Premier Bank, Inc. require US citizenship to open account?

Can Premier Bank, Inc. close my account?

Does Premier Bank, Inc. Report to credit bureaus?

Does Premier Bank, Inc. Use Equifax?

What is Premier Bank, Inc.'s ACH Routing Number?

What is Premier Bank, Inc.'s SWIFT code?

Products

Does Premier Bank, Inc. offer mortgages?

Compare mortgage rates here.

Does Premier Bank, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Premier Bank, Inc. offer personal loans?

Compare personal loan rates here.

Does Premier Bank, Inc. offer student loans?

Will Premier Bank, Inc. cash a check?

Will Premier Bank, Inc. redeem a savings bond?

Does Premier Bank, Inc. cash savings bonds?

Will Premier Bank, Inc. cash money orders?

Can Premier Bank, Inc. issue a money order?

Does Premier Bank, Inc. do currency exchange?

Background on The Bank

Who owns Premier Bank, Inc.?

How long has Premier Bank, Inc. been around?

Can Premier Bank, Inc. transfer to other banks?

Does Premier Bank, Inc. have quick pay?

Does Premier Bank, Inc. accept rolled coins?

Will Premier Bank, Inc. accept loose change?

Where is Premier Bank, Inc. headquarters?

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