Written agreement with PremierWest Bancorp

The following press release was published by the Board of Governors of the Federal Reserve System on June 9, 2010. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among PremierWest Bancorp, Medford, Oregon, a registered bank holding company, the Federal Reserve Bank of San Francisco, and the Oregon Department of Consumer and Business Services, Division of Finance and Corporate Securities.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System