MEDFORD, Ore., Dec. 17, 2007 (PRIME NEWSWIRE) -- John Anhorn, Chief Executive Officer of PremierWest Bancorp (Nasdaq:PRWT), announced this morning that the Board of Directors has declared a $0.06 per share cash dividend. The dividend, which will return approximately $1,000,000 to shareholders, will be paid February 15, 2008 to PremierWest Bancorp shareholders of record January 17, 2008.
ABOUT PREMIERWEST BANCORP
PremierWest Bancorp (Nasdaq:PRWT) is a financial services holding company headquartered in Medford, Oregon. We operate primarily through our subsidiary PremierWest Bank. PremierWest offers a full array of financial products and services through a network of full service banking offices serving a territory which currently includes high growth markets in Southern and Central Oregon and Northern California. Additionally, PremierWest offers expanded banking related services through two subsidiaries, Premier Finance Company and PremierWest Investment Services, Inc.