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Overview / Commentary
2883 Fifth Ave
Huntington, WV 25702

Premier Bank, Inc. is headquartered in Huntington and is the 6th largest bank in the state of West Virginia. It is also the 920th largest bank in the nation. It was established in 1998 and as of March of 2014, it had grown to 201 employees at 22 locations. Premier Bank, Inc. has a B+ health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Premier Bank, Inc. had $27.25 million in non-current loans and owned real-estate with $115.69 million in equity and loan loss allowances on hand to cover it. This gives Premier Bank, Inc. a Texas Ratio of 23.55% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Premier Bank, Inc. decreased slightly from 33.35% as of March 31, 2013 to 23.55% as of March 31, 2014, resulting in a positive change of 29.38%.This indicates that the balance sheet and financial strength for Premier Bank, Inc. has improved slightly in recent periods.

Deposit Growth


In the past year, Premier Bank, Inc. has increased its total deposits by $3.15 million, resulting in 0.51% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Premier Bank, Inc. has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Premier Bank, Inc. has $741.95 million in assets with $115.69 million in equity, resulting in a capitalization level of 15.59%, which is excellent.

Institution Statistics

FDIC Certificate #34837
Year Established1998
Primary RegulatorFDIC
Assets and Liabilities
Assets$741.95 million
Loans$505.52 million
Deposits$625.05 million
Equity Capital$107.93 million
Loan Loss Allowance$7.77 million
Unbacked Noncurrent Loans$15.38 million
Real Estate Owned$11.86 million
Historic Data - March 2013
Assets$736.35 million
Equity Capital$106.64 million
Loan Loss Allowance$9.05 million
Unbacked Noncurrent Loans$15.38 million
Real Estate Owned$11.09 million
Profit Margin - Quarterly
Net Interest Margin5.26%
Return on Assets1.57%
Return on Equity10.82%
Interest Income$9.38 million

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Premier Bank, Inc. has 22 locations. Click to view all Premier Bank, Inc. locations.