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Tuesday, January 4, 2011
PremierWest Bancorp (Public, NASDAQ:PRWT) Watch this stock 0.410 +0.066 (19.26%)
Tapinder Katoch Investments www.stockcaps.blogspot.com
PremierWest Bancorp (PremierWest) is a bank holding company that operates primarily through its principal subsidiary, PremierWest Bank (the Bank), which offers a variety of financial services. The Bank offers a range of banking services to its customers, principally to small and medium-sized businesses, professionals and retail customers. PremierWest Bank conducts a general commercial banking business, gathering deposits from the general public, and applying those funds to the origination of loans for real estate, commercial, consumer purposes and investments. The Bank also offers safe deposit facilities, traveler’s checks, money orders and automated teller machines at most of its facilities. The Bank offers a range of financial products and services through its network of branches encompassing a two-state region between northern California and southern Oregon. On July 17, 2009, the Company acquired two Wachovia Bank branches in Northern California.
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