Article: Premier Bancorp Announces Earnings Up 39% for Third Quarter 2001.

Business Editors

DOYLESTOWN, Pa.--(BUSINESS WIRE)--Oct. 18, 2001

Premier Bancorp, Inc. (AMEX:PPA), parent company of Premier Bank, announced today net income for the third quarter ended September 30, 2001 of $790,000 or $.23 per common share on a diluted basis compared to $569,000 or $.17 per share for the third quarter 2000.

The increase measured 39% for net income and 35% for earnings per share on a diluted basis. For the nine months ended September 30, 2001, net income was $1,819,000 or $.53 per common share on a diluted basis compared to $1,576,000 or $.46 per share for the same period in 2000.

Total assets grew to $424.5 million at ...

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