Latest Premier West Bancorp (PRWT) Headlines
I Love Controversy, Says Sanusi
by Obinna Chima - All Africa Global Media - Thu Feb 06, 1:32AM CST
Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi has said that the disagreement over the alleged non-repatriation of oil revenue to the Federation Account by the Nigerian National Petroleum Corporation (NNPC) will in the long run bring about accountability and good governance.
AmericanWest Bank Completes Acquisition of PremierWest Bank; Names Local Leadership
Business Wire - Tue Apr 09, 6:05PM CDT
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.
PremierWest Bank and AmericanWest Bank Merger Approved by Shareholders
Marketwire - Thu Mar 28, 11:30AM CDT
PremierWest Bank and AmericanWest Bank announced that holders of a majority of PremierWest Bancorp's (NASDAQ: PRWT) common stock have voted to approve the proposed merger of the two companies. The proxy vote was announced at the reconvened special meeting of shareholders today in Medford. Regulatory approval has already been received; the merger is expected to close in April 2013.
SmallCapReview.com - Small Caps On The Move
M2 - Mon Mar 18, 9:42AM CDT
PremierWest Bank (Nasdaq: PRWT) $1.97, Up $0.35 and AmericanWest Bank announced today that PremierWest Bancorp and affiliates of AmericanWest Bank have entered into an amendment to the Agreement and Plan of Merger relating to the proposed merger of PremierWest Bancorp with an affiliate of AmericanWest Bank. Under the revised terms, each outstanding share of PremierWest Bancorp common stock will be converted into the right to receive $2.00 in cash, which represents an additional $0.35 per share in cash consideration. The additional consideration totals approximately $3.5 million in additional cash proceeds to the holders of PremierWest common stock, which represents an increase of approximately 21% from the prior proposal and represents a premium of approximately 32.5% over the $1.51 per share closing price of PremierWest common stock on October 26, 2012, the trading day immediately prior to the announcement of the merger agreement, and a premium of approximately 40.3% over the average price in the 20-tradin
PremierWest Bank and AmericanWest Bank Merger Amended to Increase Merger Consideration to Common Shareholders by 21% to $2.00 per Share
Marketwire - Mon Mar 18, 8:31AM CDT
PremierWest Bank and AmericanWest Bank announced today that PremierWest Bancorp (NASDAQ: PRWT) and affiliates of AmericanWest Bank have entered into an amendment to the Agreement and Plan of Merger relating to the proposed merger of PremierWest Bancorp with an affiliate of AmericanWest Bank. Under the revised terms, each outstanding share of PremierWest Bancorp common stock will be converted into the right to receive $2.00 in cash, which represents an additional $0.35 per share in cash consideration. The additional consideration totals approximately $3.5 million in additional cash proceeds to the holders of PremierWest common stock, which represents an increase of approximately 21% from the prior proposal and represents a premium of approximately 32.5% over the $1.51 per share closing price of PremierWest common stock on October 26, 2012, the trading day immediately prior to the announcement of the merger agreement, and a premium of approximately 40.3% over the average price in the 20-trading days prior to
PremierWest Bancorp Announces Further Adjournment of Special Meeting of Shareholders Until March 28, 2013
Marketwire - Wed Mar 13, 5:25PM CDT
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), the parent company of PremierWest Bank, today announced a further adjournment of its Special Meeting of shareholders to continue to provide additional time to solicit proxies on the merger proposal and that the Special Meeting will reconvene at 9:00 a.m. Pacific Time, on March 28, 2013 at the PremierWest Bank Headquarters located at 503 Airport Rd, Medford, Oregon.
PremierWest Bancorp Announces Approval of Adjournment Proposal and Adjourned Special Meeting of Shareholders
Marketwire - Tue Feb 19, 8:15PM CST
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), the parent company of PremierWest Bank, announced today at its Special Meeting of shareholders at the Rogue Valley Country Club, 2660 Hillcrest Road, Medford, Oregon, that shareholders approved adjournment of the Special Meeting and that the Special Meeting has been adjourned until 9:00 a.m. Pacific Time, on Wednesday, March 13, 2013 at the Rogue Valley Country Club, 2660 Hillcrest Road, Medford, Oregon.
PremierWest Bancorp Announces Receipt of Regulatory Approvals for Proposed Merger
Marketwire - Fri Feb 15, 11:45AM CST
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), the parent company of PremierWest Bank, today announced that Starbuck Bancshares, Inc. and certain of its affiliates have received regulatory approvals or non-objections, as applicable, for the proposed merger with PremierWest. Approvals or non-objections were obtained from the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Washington State Department of Financial Institutions and the Oregon Department of Consumer and Business Services.
PremierWest Bancorp Outlines Reasons for, and Urges All Shareholders to Vote "FOR," the Proposed Merger
Marketwire - Wed Feb 13, 5:15PM CST
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), parent company of PremierWest Bank, today outlined the primary reasons for its Board of Directors' recommendation to the company's shareholders to vote "FOR" the proposals in its proxy statement for the upcoming Special Meeting of shareholders. This meeting will be held on Tuesday, February 19, 2013 at 1:00 p.m. Pacific Time at the Rogue Valley Country Club located at 2660 Hillcrest Road, Medford, Oregon 97504. At the Special Meeting the shareholders are being asked to consider and vote on the approval of the Agreement and Plan of Merger, dated October 29, 2012, among PremierWest, Starbuck Bancshares, Inc. ("Starbuck") and Pearl Merger Sub Corp, pursuant to which PremierWest will merge with and into Pearl Merger Sub Corp., with Pearl Merger Sub Corp. as the surviving entity.
PremierWest Bancorp Announces Fourth Quarter Results
Marketwire - Tue Jan 22, 8:30AM CST
PremierWest Bancorp (NASDAQ: PRWT) (Company), parent company of PremierWest Bank (Bank), announced results for the fourth quarter and year ended December 31, 2012, as follows:
PremierWest Bank Announces Community Star Award Holiday Edition Winners
Marketwire - Tue Jan 08, 5:09PM CST
PremierWest Bank, a subsidiary of PremierWest Bancorp (NASDAQ: PRWT), is pleased to announce the winners of The "Community Star Award - Holiday Edition," a Facebook-based challenge honoring volunteerism in our communities. In this challenge, community members nominated and then voted for individuals who best represent extraordinary volunteerism during the holidays.
PremierWest Bancorp Announces Record Date and Meeting Date for Special Meeting of Shareholders
Marketwire - Thu Jan 03, 4:30PM CST
PremierWest Bancorp (NASDAQ: PRWT), the parent company of PremierWest Bank, announced today that a special meeting of shareholders will be held on Tuesday, February 19, 2013, at 1:00 p.m. local time, at the Rogue Valley Country Club located at 2660 Hillcrest Road, Medford, Oregon, 97504. Shareholders of record at the close of business on December 31, 2012 will be entitled to receive notice of the special meeting and to consider and vote on, among other things, a proposal to approve the previously announced Agreement and Plan of Merger, dated October 29, 2012, among PremierWest, Starbuck Bancshares, Inc. ("Starbuck"), and Pearl Merger Sub Corp., a wholly owned subsidiary of Starbuck ("Pearl Merger Sub"), pursuant to which PremierWest Bancorp will merge with and into Pearl Merger Sub, with Pearl Merger Sub as the surviving entity. PremierWest expects to mail a Proxy Statement to shareholders on or about January 9, 2013.
PremierWest Bancorp Sets Earnings Release Date
Marketwire - Wed Jan 02, 10:40AM CST
PremierWest Bancorp (NASDAQ: PRWT), the parent company of PremierWest Bank, announced today that earnings for the fourth quarter of 2012 and 2012 full year will be released Tuesday, January 22, 2013, prior to the opening of the market.
I Love Controversy, Says Sanusi
by Obinna Chima - All Africa Global Media - Thu Feb 06, 1:32AM CST
Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi has said that the disagreement over the alleged non-repatriation of oil revenue to the Federation Account by the Nigerian National Petroleum Corporation (NNPC) will in the long run bring about accountability and good governance.
AmericanWest Bank Completes Acquisition of PremierWest Bank; Names Local Leadership
Business Wire - Tue Apr 09, 6:05PM CDT
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.
PremierWest Bank and AmericanWest Bank Merger Approved by Shareholders
Marketwire - Thu Mar 28, 11:30AM CDT
PremierWest Bank and AmericanWest Bank announced that holders of a majority of PremierWest Bancorp's (NASDAQ: PRWT) common stock have voted to approve the proposed merger of the two companies. The proxy vote was announced at the reconvened special meeting of shareholders today in Medford. Regulatory approval has already been received; the merger is expected to close in April 2013.
SmallCapReview.com - Small Caps On The Move
M2 - Mon Mar 18, 9:42AM CDT
PremierWest Bank (Nasdaq: PRWT) $1.97, Up $0.35 and AmericanWest Bank announced today that PremierWest Bancorp and affiliates of AmericanWest Bank have entered into an amendment to the Agreement and Plan of Merger relating to the proposed merger of PremierWest Bancorp with an affiliate of AmericanWest Bank. Under the revised terms, each outstanding share of PremierWest Bancorp common stock will be converted into the right to receive $2.00 in cash, which represents an additional $0.35 per share in cash consideration. The additional consideration totals approximately $3.5 million in additional cash proceeds to the holders of PremierWest common stock, which represents an increase of approximately 21% from the prior proposal and represents a premium of approximately 32.5% over the $1.51 per share closing price of PremierWest common stock on October 26, 2012, the trading day immediately prior to the announcement of the merger agreement, and a premium of approximately 40.3% over the average price in the 20-tradin
PremierWest Bank and AmericanWest Bank Merger Amended to Increase Merger Consideration to Common Shareholders by 21% to $2.00 per Share
Marketwire - Mon Mar 18, 8:31AM CDT
PremierWest Bank and AmericanWest Bank announced today that PremierWest Bancorp (NASDAQ: PRWT) and affiliates of AmericanWest Bank have entered into an amendment to the Agreement and Plan of Merger relating to the proposed merger of PremierWest Bancorp with an affiliate of AmericanWest Bank. Under the revised terms, each outstanding share of PremierWest Bancorp common stock will be converted into the right to receive $2.00 in cash, which represents an additional $0.35 per share in cash consideration. The additional consideration totals approximately $3.5 million in additional cash proceeds to the holders of PremierWest common stock, which represents an increase of approximately 21% from the prior proposal and represents a premium of approximately 32.5% over the $1.51 per share closing price of PremierWest common stock on October 26, 2012, the trading day immediately prior to the announcement of the merger agreement, and a premium of approximately 40.3% over the average price in the 20-trading days prior to
PremierWest Bancorp Announces Further Adjournment of Special Meeting of Shareholders Until March 28, 2013
Marketwire - Wed Mar 13, 5:25PM CDT
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), the parent company of PremierWest Bank, today announced a further adjournment of its Special Meeting of shareholders to continue to provide additional time to solicit proxies on the merger proposal and that the Special Meeting will reconvene at 9:00 a.m. Pacific Time, on March 28, 2013 at the PremierWest Bank Headquarters located at 503 Airport Rd, Medford, Oregon.
PremierWest Bancorp Announces Approval of Adjournment Proposal and Adjourned Special Meeting of Shareholders
Marketwire - Tue Feb 19, 8:15PM CST
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), the parent company of PremierWest Bank, announced today at its Special Meeting of shareholders at the Rogue Valley Country Club, 2660 Hillcrest Road, Medford, Oregon, that shareholders approved adjournment of the Special Meeting and that the Special Meeting has been adjourned until 9:00 a.m. Pacific Time, on Wednesday, March 13, 2013 at the Rogue Valley Country Club, 2660 Hillcrest Road, Medford, Oregon.
PremierWest Bancorp Announces Receipt of Regulatory Approvals for Proposed Merger
Marketwire - Fri Feb 15, 11:45AM CST
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), the parent company of PremierWest Bank, today announced that Starbuck Bancshares, Inc. and certain of its affiliates have received regulatory approvals or non-objections, as applicable, for the proposed merger with PremierWest. Approvals or non-objections were obtained from the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Washington State Department of Financial Institutions and the Oregon Department of Consumer and Business Services.
PremierWest Bancorp Outlines Reasons for, and Urges All Shareholders to Vote "FOR," the Proposed Merger
Marketwire - Wed Feb 13, 5:15PM CST
PremierWest Bancorp (NASDAQ: PRWT) ("PremierWest"), parent company of PremierWest Bank, today outlined the primary reasons for its Board of Directors' recommendation to the company's shareholders to vote "FOR" the proposals in its proxy statement for the upcoming Special Meeting of shareholders. This meeting will be held on Tuesday, February 19, 2013 at 1:00 p.m. Pacific Time at the Rogue Valley Country Club located at 2660 Hillcrest Road, Medford, Oregon 97504. At the Special Meeting the shareholders are being asked to consider and vote on the approval of the Agreement and Plan of Merger, dated October 29, 2012, among PremierWest, Starbuck Bancshares, Inc. ("Starbuck") and Pearl Merger Sub Corp, pursuant to which PremierWest will merge with and into Pearl Merger Sub Corp., with Pearl Merger Sub Corp. as the surviving entity.
PremierWest Bancorp Announces Fourth Quarter Results
Marketwire - Tue Jan 22, 8:30AM CST
PremierWest Bancorp (NASDAQ: PRWT) (Company), parent company of PremierWest Bank (Bank), announced results for the fourth quarter and year ended December 31, 2012, as follows:
PremierWest Bank Announces Community Star Award Holiday Edition Winners
Marketwire - Tue Jan 08, 5:09PM CST
PremierWest Bank, a subsidiary of PremierWest Bancorp (NASDAQ: PRWT), is pleased to announce the winners of The "Community Star Award - Holiday Edition," a Facebook-based challenge honoring volunteerism in our communities. In this challenge, community members nominated and then voted for individuals who best represent extraordinary volunteerism during the holidays.
PremierWest Bancorp Announces Record Date and Meeting Date for Special Meeting of Shareholders
Marketwire - Thu Jan 03, 4:30PM CST
PremierWest Bancorp (NASDAQ: PRWT), the parent company of PremierWest Bank, announced today that a special meeting of shareholders will be held on Tuesday, February 19, 2013, at 1:00 p.m. local time, at the Rogue Valley Country Club located at 2660 Hillcrest Road, Medford, Oregon, 97504. Shareholders of record at the close of business on December 31, 2012 will be entitled to receive notice of the special meeting and to consider and vote on, among other things, a proposal to approve the previously announced Agreement and Plan of Merger, dated October 29, 2012, among PremierWest, Starbuck Bancshares, Inc. ("Starbuck"), and Pearl Merger Sub Corp., a wholly owned subsidiary of Starbuck ("Pearl Merger Sub"), pursuant to which PremierWest Bancorp will merge with and into Pearl Merger Sub, with Pearl Merger Sub as the surviving entity. PremierWest expects to mail a Proxy Statement to shareholders on or about January 9, 2013.
PremierWest Bancorp Sets Earnings Release Date
Marketwire - Wed Jan 02, 10:40AM CST
PremierWest Bancorp (NASDAQ: PRWT), the parent company of PremierWest Bank, announced today that earnings for the fourth quarter of 2012 and 2012 full year will be released Tuesday, January 22, 2013, prior to the opening of the market.
