Premier Bank

P.O. Box 3606
Tallahassee, FL 32315
(850) 386-2225
www.premier-bank.com

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Premier Bank is headquartered in Tallahassee and is the 75^th largest bank in the state of Florida. It is also the 1,977^th largest bank in the nation. It was established in 1995 and as of September of 2011, it had grown to 74 employees at 7 locations. Premier Bank has a 1-star health rating.

Premier Bank Routing Number: 063114108

2.05% 12-Month CD & 2.15% 18-Month CD at Premier Bank in Chicago - Local Only - 12/1/2009

Update 1/3/10: The rates of the CD specials have dropped. Please check the bank's website for the latest rates.Premier Bank is offering two competitive CD and IRA specials: 2.05% APY for 12 months and 2.15% APY for 18 months. Minimum deposit is $5,000....

4.40% 13-Month / 4.25% 7-Month CD at Premier Bank in Chicago - 11/19/2008

Premier Bank is offering three attractive CD specials. These include a 4.25% APY 7-month CD, a 4.40% APY 13-month CD and a 4.50% APY 24-month CD. Minimum deposit is $5,000. These specials are listed on the bank's home page as of 11/19/08.It appears a...

1.81% Reward Checking Account at a Florida Bank (Premier) - 4/18/2007

Update 5/03/09: The top yield has fallen to 3.01% APY. Refer to the bottom of the post for the rate history.Premier Bank is offering a rewards checking account with a yield of 3.01% APY on balances up to $50,000 (1.01% on over $50K). This rate and ATM...

5.55% 12-Month CD at a Texas/Missouri Bank (Premier) - 2/28/2007

Premier Bank is offering a special certificate of deposit with rates from 5.51% to 5.55% APY with a term of 12 months. The minimum deposit is $2,500. These rates require the PALS program which is for people age 50 who have a checking account and maintain...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Premier Bank Checking Account Rates

	Apy	Min	Max	Product
	0.51%	-	$50k	Interest Checking

Premier Bank Savings Account Rates

Apy	Min	Max	Product
0.76%	$100k	-	Premier Non-Profit Plus
0.51%	$10k	-	Non-Profit Money Fund
0.51%	$10k	-	Personal Money Fund
0.41%	-	$50k	Interest Saver
0.10%	-	-	Health Savings Account
0.10%	-	-	Premier Savings
0.10%	-	-	Minor Savings
0.10%	-	-	Premier Gold
0.10%	-	-	Premier E-Plus
0.10%	$100	-	Business Savings Account

Premier Bank Money Market Rates

Apy	Min	Max	Product
0.76%	$100k	-	Premier Money Market
0.76%	$100k	-	Super Saver Money Market
0.76%	$100k	-	Business Money Market
0.76%	$100k	-	Business Super Saver Money Market

Premier Bank CD Rates

Apy	Min	Max	Product
1.06%	$2,500	-	48 Month CD
1.06%	$2,500	-	Business 48 Month CD
0.96%	$2,500	-	36 Month CD
0.96%	$2,500	-	Business 36 Month CD
0.86%	$2,500	-	24 Month CD
0.86%	$2,500	-	Business 24 Month CD
0.76%	$2,500	-	18 Month CD
0.76%	$2,500	-	Business 18 Month CD
0.66%	$2,500	-	12 Month CD
0.66%	$2,500	-	Business 12 Month CD
0.46%	$2,500	-	6 Month CD
0.46%	$2,500	-	9 Month CD
0.46%	$2,500	-	Business 6 Month CD
0.46%	$2,500	-	Business 9 Month CD
0.26%	$2,500	-	3 Month CD
0.26%	$2,500	-	Business 3 Month CD

Premier Bank IRA Rates

Apy	Min	Max	Product
1.06%	$2,500	-	48 Month IRA
0.96%	$2,500	-	36 Month IRA
0.86%	$2,500	-	24 Month IRA
0.76%	$2,500	-	18 Month IRA
0.66%	$2,500	-	12 Month IRA
0.46%	$2,500	-	6 Month IRA
0.46%	$2,500	-	9 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Premier Bank
FDIC Certificate #	33992
BankRate Report	View
Year Established	1995
Employees	74
Primary Regulator	FDIC
Assets and Liabilities
Assets	$328.36 million
Loans	$198.20 million
Deposits	$284.94 million
Equity Capital	$12.25 million
Loan Loss Allowance	$8.69 million
Unbacked Noncurrent Loans	$25.41 million
Real Estate Owned	$10.23 million
Historic Data - September 2010
Assets	$394.11 million
Equity Capital	$28.28 million
Loan Loss Allowance	$9.35 million
Unbacked Noncurrent Loans	$28.47 million
Real Estate Owned	$7.07 million
Profit Margin - Quarterly
Net Interest Margin	2.98%
Return on Assets	-3.48%
Return on Equity	-76.33%
Interest Income	$9.62 million

Institution Health

Overall Score:

1 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Premier Bank had $35.63 million in non-current loans and owned real-estate with $20.93 million in equity and loan loss allowances on hand to cover it. This gives Premier Bank a Texas Ratio of 170.23% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Premier Bank increased slightly from 94.45% as of September 30, 2010 to 170.23% as of September 30, 2011, resulting in a negative change of 80.23%. This indicates that the balance sheet and financial strength for Premier Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Premier Bank has decreased its total deposits by -$44.18 million, resulting in -13.42% 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 has shown is poor.
Capitalization
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 has $328.36 million in assets with $20.93 million in equity, resulting in a capitalization level of 6.37%, which is below average.