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Article: Premier Bancorp, Inc. Reports Earnings for Quarter and Year Ended December 31, 2000.
- Article from:
- Business Wire
- Article date:
- January 31, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
DOYLESTOWN, Pa.--(BUSINESS WIRE)--Jan. 31, 2001--Premier Bancorp,
Inc. (AMEX:PPA), parent company of Premier Bank, announced today net
income for the fourth quarter ended December 31, 2000 of $485,000 or
$.15 per common share on a diluted basis compared to $529,000 or $.16
per diluted share for the fourth quarter 1999.
For the year ended December 31, 2000 net income was $2,061,000 or
$.61 per common share on a diluted basis, compared to $2,405,000 or
$.72 per diluted share for the year 1999. "Going into the year we
anticipated that earnings for 2000 would be somewhat less than 1999 as
we increased overhead expenses in conjunction with ...
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