| Business Summary | | PremierWest
Bancorp
conducts
its
business
solely
through
PremierWest
Bank
(the
Bank),
a
state-chartered
commercial
bank
with
branch
offices
located
along
the
Interstate-5
corridor
from
Medford
to
Roseburg,
Oregon.
The
Bank
has
three
subsidiaries:
Premier
Finance
Company
makes
consumer
loans,
PremierWest
Investment
Company
offers
insurance
and
investment
products
and
services
and
Blue
Star
Properties,
Inc.
holds
properties
used
as
bank
offices.
PremierWest
offers
its
customers
a
range
of
banking
services,
principally
to
small
and
medium-sized
businesses
and
professional
and
retail
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PRWT
is
the
holding
company
for
PremierWest
Bank.
The
Company
operates
through
the
bank
serving
Jackson,
Josephine
and
Douglas
counties
of
Southern
Oregon.
For
the
six
months
ended
6/30/01,
interest
income
rose
21%
to
$15
million.
Net
interest
income
after
LLP
rose
15%
to
$7.8
million.
Net
income
totaled
$1.3
million,
up
from
$386
thousand.
Interest
income
reflects
higher
loan
volume,
partially
offset
by
lower
net
interest
margins.
Net
income
reflects
higher
brokerage
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Duke, 62 Chairman | -- | John Anhorn, 58 Pres,
CEO, Director | $200K | Bruce McKee, 51 CFO | -- | Richard Hieb, 56 COO,
Exec. VP, Sec., Director | 132K | M. Neil Zick, 58 Exec.
VP, CAO | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|