BATON ROUGE, La. - Premier Bancorp earned $9.1 million in the second quarter, up 125% from $4 million in the comparable period of 1991.
Per-share earnings rose to 34 cents a share, from 16 cents.
The six-month net income figure also more than doubled, to $17.6 million, or 69 cents a share, from $8 million, or 32 cents, for 1991. Three cents per share in the 1992 period was attributed to securities gains.
Recovering from earnings problems in the 1980s, the $3.8 billion-asset Louisiana company has reported positive results for three consecutive years.
Nonperforming assets of $126.8 million at midyear were down by $30 million from March 31 and by $84.9 million from June 1991.