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

Premier reports earnings increase

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • UPDATE: One lane of Route 20 near Hinton is back open

    BREAKING: Route 20 in Hinton blocked by rockslide

    Thursday, April 17 2014 6:39 PM EDT2014-04-17 22:39:43 GMT
    Dispatchers in Summers County are asking people to use caution this morning while traveling on Route 20.The road was closed at around 8:40 a.m. after rocks tumbled into the roadway.  Route 20 is closed
    Dispatchers in Summers County are asking people to use caution this morning while traveling on Route 20.
  • 1800s schoolhouse found in barn in Mercer County

    1800s schoolhouse found in barn in Mercer County

    Thursday, April 17 2014 6:38 PM EDT2014-04-17 22:38:55 GMT
    A property owner finds an old schoolhouse during demolition on his barn near the Moncalm area of Mercer County. Historians say the structure is the old Mullins School and believe it's hundreds of years
    A property owner finds an old schoolhouse during demolition on his barn near the Moncalm area of Mercer County.
  • Thanked an emergency dispatcher? It's their day

    Thanked an emergency dispatcher? It's their day

    Thursday, April 17 2014 6:06 PM EDT2014-04-17 22:06:19 GMT
    Thursday is national Dispatcher Day. We are also in National Public Safety Telecommunicators Week. It's a time to celebrate and thank those who dedicate their lives to serving the public and to set aside
    Thursday is national Dispatcher Day. We are also in National Public Safety Telecommunicators Week. It's a time to celebrate and thank those who dedicate their lives to serving the public and to set aside

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.