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Premier Bank Inc

Washington, District of Columbia, United States

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General Info:

The Adams National Bank has provided the resources for the economic vitality of Washington, D.C., and surrounding areas. The financial institution built its reputation on innovative problem solving for business owners. It has formed strong ties with nationally recognized community investment partners, such as Microsoft Corporation and the Shell Oil Company. The United States Department of Energy selected Adams Bank as a trustee in its Bank Deposit Financial Assistance Program, which provides investment capital to minority-owned financial institutions throughout the country. In March 2006, net interest for the first quarter increased by 25.8 percent to $3.9 million. The bank attributes the increase to a 44.5-percent growth in the company s loan portfolio. The company s assets totaled more than $350 million at the close of the 2006 first quarter. The Adams National Bank has multiple locations throughout Washington, D.C., including the branch on 17th Street.

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