Premier Bank Quarterly Profit Down by 5%

Premier Bank said its third-quarter profit slipped 5% from a year earlier, to $211,008 from $222,816.

Despite the decline, the Northridge-based bank said its earnings for the first nine months of 1991 were up 17%, to $802,382 from $686,888 in the year-earlier period.

Premier, which also has branches in Woodland Hills and Thousand Oaks, said its assets as of Sept. 30 totaled $89.8 million, down 8% from $97.7 million a year earlier.