Market Overview

AmericanWest Bank Announces Completion of Acquisition of PremierWest Bank

PremierWest Bank is now AmericanWest Bank. Today, AmericanWest Bank's
holding company completed the acquisition of PremierWest Bancorp
(NASDAQ: PRWT), the parent company of PremierWest Bank, based in
Medford, Oregon. Immediately following the close, PremierWest Bank was
merged into, and became part of, AmericanWest Bank.

“On behalf of our entire company, I welcome the valued customers and
talented employees of PremierWest Bank to AmericanWest Bank,” said Scott
A. Kisting, Chairman and CEO, AmericanWest Bank. “Customers will
continue receiving outstanding service from the bankers they've come to
trust, now with the benefit of immediate access to increased lending
capabilities and an expanded network of locations.”

The PRWT shareholders approved the

See full press release

Posted-In: News Guidance M&A

 

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