Premier Community Bankshares, Inc. Included in Bank and Thrift Sm-All Stars - Class of 2005
15 Juli 2005 - 5:13PM
PR Newswire (US)
Premier Community Bankshares, Inc. Included in Bank and Thrift
Sm-All Stars - Class of 2005 WINCHESTER, Va., July 15
/PRNewswire-FirstCall/ -- Premier Community Bankshares, Inc.
(NASDAQ:PREM) announced today its inclusion in the prestigious
Sandler O'Neill & Partners, L.P. Bank and Thrift Sm-All Stars
-- Class of 2005. Sandler O'Neill, an investment banking firm
headquartered in New York that specializes in financial
institutions, selected 38 companies that the firm believes to be
the top performing publicly traded small-cap banks and thrifts in
the nation. "Recognition from the banking industry experts at
Sandler O'Neill is truly an honor," stated Donald L. Unger,
President and Chief Executive Officer. Sandler O'Neill looked at
all 573 publicly traded banks and thrifts with market
capitalization below $2 billion. Their evaluation focused on
earnings and balance sheet growth trends, profitability, credit and
asset quality and capital strength. Sandler O'Neill believes the 38
companies named will be the next crop of leading mid-cap banks and
thrifts. "The inclusion among the top-performing community banks in
the nation reflects the success of the business strategy that has
served us so well in the past, and will continue to follow going
forward," said Mr. Unger. Premier Community Bankshares, Inc. is the
parent company of The Marathon Bank, Rockingham Heritage Bank and
Premier Bank (to open July 18, 2005), which operates 17 offices in
the Shenandoah Valley. The branches are serving the counties of
Frederick, Clarke, Shenandoah, Warren, Rockingham, Augusta, the
cities of Winchester, Harrisonburg, Waynesboro, and Staunton in
Virginia, and will be serving the counties of Berkeley and
Jefferson and the city of Martinsburg. Statements concerning future
performance, events, expectations for growth and market forecasts,
and any other guidance on future periods, constitute
forward-looking statements that are subject to a number of risks
and uncertainties that might cause actual results to differ
materially from stated expectations. The information contained in
this release should be read in conjunction with the consolidated
financial statements and notes included in Premier's most recent
reports on Form 10-K and Form 10-Q, as filed with the Securities
and Exchange Commission, as they may be amended from time to time.
Results of operations for the most recent quarter are not
necessarily indicative of operating results for any future periods.
Any projections in this release are based on limited information
currently available to management, which is subject to change.
Although any such projections and the factors influencing them will
likely change, the bank will not necessarily update the
information, since management will only provide guidance at certain
points during the year. Such information speaks only as of the date
of this release. Additional information on these and other factors
that could affect our financial results are included in filings by
Premier with the Securities and Exchange Commission. DATASOURCE:
Premier Community Bankshares, Inc. CONTACT: Donald L. Unger,
President and CEO, +1-540-869-6600, or John K. Stephens, Chairman,
+1-540-432-9300, both of Premier Community Bankshares, Inc.
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