ATLANTA, Feb. 20 /PRNewswire/ -- Premier Bancshares, Inc., (Amex: PMB),
announced that Interstate/Johnson Lane has initiated coverage of the company's
stock and has issued a strong buy rating for Premier Bancshares, Inc.  Among
the factors highlighted by Interstate/Johnson Lane in its report are the
likelihood of continued strong loan growth, the realization of operating
efficiencies gained in recent merger activity, and the capturing of
significant market share in some of the fastest growing counties in the
nation.  The strength of the metropolitan Atlanta market where Premier is the
largest community bank continues to be an opportunity for the company.
    Darrell D. Pittard, Chairman and Chief Executive Officer of Premier
Bancshares, Inc. said, "We are extremely pleased that Interstate/Johnson Lane
has taken such a positive position regarding the future prospects of Premier
Bancshares."
     Premier Bancshares is a multi-bank holding company with assets of
$793,000,000 and has 33 offices throughout the southeast.  Its subsidiaries
include Premier Bank, Central and Southern Bank of North Georgia, FSB; Central
and Southern Bank of Georgia; Citizens Bank of Gwinnett; and the Company's
mortgage lending and commercial finance subsidiary, Premier Lending
Corporation.

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