Medford, Ore.-based PremierWest Bancorp, parent of PremierWest Bank, announced that holders of a majority of its common stock have voted to approve a proposed merger with Spokane, Wash.-based AmericanWest Bank.
PremierWest oversees 32 branches in the area.
PremierWest announced late last year that it had a definitive agreement to be acquired by AmericanWest. Regulatory approval has already been received, and officials said the deal is expected to close in April.
Call The Bee's Mark Glover, (916) 321-1184.