Medford, Ore.-based PremierWest Bancorp, which has overseen 32 PremierWest Bank branches in the Sacramento region, has completed a merger deal and is now part of Spokane, Wash.-based 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," said Scott Kisting, AmericanWest chairman and CEO.
At the close of the transaction, AmericanWest Bank's assets totaled $3.8 billion, and with the addition of the PremierWest sites, it expanded to 112 branches in California, Oregon, Washington, Idaho and Utah.
Mike Koch was named president of the bank's Northern California and Oregon operations.
AmericanWest Bank was founded in 1974.
Call The Bee's Mark Glover, (916) 321-1184.