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Premier Financial Bancorp Q3 Profit Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Premier Financial Bancorp Inc. (PFBI) Thursday reported an increase in profit for the third quarter. For the latest third quarter, net income available to common shareholders was $3.0 million or $0.37 per share, compared to $1.5 million or $0.19 per share in the comparable quarter last year.

Net interest income for the quarter dropped to $11.0 million from $11.2 million in the year-ago quarter, while non-interest income was $1.66 million, down from $1.87 million in the prior-year quarter.

Loan loss provisions for the quarter rose to $1.3 million from $810 thousand last year.

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