Premier reports earnings increase - Beckley, Bluefield & Lewisburg News, Weather, Sports

Premier reports earnings increase

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  • Two arrested for robbery in Wyoming County

    Two arrested for robbery in Wyoming County

    Thursday, August 28 2014 11:07 AM EDT2014-08-28 15:07:14 GMT
    Two Arrested in Wyoming County for RobberyTwo Arrested in Wyoming County for Robbery
    Two men were arrested in Wyoming County for robbery. Joshua Sprouse and Jesse Sprouse are both in the Southern Regional Jail right now.Officials at Southern Regional Jail told us the Oceana Police Department arrested the two men Tuesday and charged them with robbery and petty larceny.Their bond is fifty $50,000 each.
    Two men were arrested in Wyoming County for robbery. Joshua Sprouse and Jesse Sprouse are both in the Southern Regional Jail right now.Officials at Southern Regional Jail told us the Oceana Police Department arrested the two men Tuesday and charged them with robbery and petty larceny.Their bond is fifty $50,000 each.
  • One Sent to the Hospital After Brutal Fight between Family Members

    One Sent to the Hospital After Brutal Fight between Family Members

    Thursday, August 28 2014 10:18 AM EDT2014-08-28 14:18:39 GMT
    Fayette County Emergency Dispatchers confirm that one person has been transported to the hospital after an unconfirmed stabbing in Mount Hope.
    Fayette County Emergency Dispatchers confirm that one person has been transported to the hospital after an unconfirmed stabbing in Mount Hope.
  • Search efforts to resume for missing pilot

    Search efforts to resume for missing pilot

    PHOTO COURTESY: WDBJPHOTO COURTESY: WDBJ
    A Virginia State Police spokeswoman says rescuers will resume searching for a pilot who went missing after an F-15 fighter jet crashed in a remote, heavily wooded area of western Virginia.
    A Virginia State Police spokeswoman says ground rescuers will resume searching for a pilot who went missing after an F-15 fighter jet crashed in a remote, heavily wooded area of western Virginia.

Premier Financial Bancorp of Huntington on Aug. 1 reported second-quarter earnings of $3.1 million, a 48.6 percent increase from the second quarter last year.

The company's earnings report attributed the income growth to an increase in interest income (primarily on loans), a decrease in interest expense, a decrease in non-interest expense, and a decrease in the provision for loan losses.

The company reported assets of $1.104 billion as of June 30, down from $1.121 billion as of Dec. 31, 2012.