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(From Banking and Credit News)
BANKING AND CREDIT NEWS-April 30, 2012--US Premier Service Bank's loss shrinks in Q1 2012 (C)2012 M2 COMMUNICATIONS http://www.m2.com
30 April 2012 - Premier Service Bank (OTCBB:PSBK) fell into a net loss of USD190,000 (EUR143,381) in the first three months of the year, compared with a loss of USD569,000 in the same period in 2011, the US lender said on Friday. The loss per diluted share was USD0.16 in the quarter, an improvement from the deficit of USD0.48 a share booked in the first three months of 2011. The smaller loss was mainly a result of a decline in provision for loan losses to USD225,000 in the period from USD725,000 in the …