- Current report filing (8-K)
February 14 2011 - 5:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported): February 10, 2011
PremierWest Bancorp
(Exact Name
of Registrant as specified in its charter)
Oregon
(State or other jurisdiction of incorporation)
|
000-50332
(Commission File Number)
|
93 -
1282171
(IRS Employer
Identification No.)
|
503 Airport Road, Medford,
Oregon 97504
Address of
Principal Executive Office
|
Registrant's telephone number
including area code
541-618-6003
(Former name or former address, if
changed since last report)
Not applicable
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On February 10, 2011, PremierWest Bancorp (the Company) filed Articles of Amendment to its Articles of Incorporation (the Amendment) with the Oregon Secretary of State for the purpose of effecting the Companys previously announced one-for-ten reverse stock split (the Reverse Split). As a result of such filing, the Reverse Split became effective
on February 10, 2011. In addition to setting forth the terms of the Reverse Split, the Amendment also maintained the authorized number of shares of the Companys common stock at 150 million. Accordingly, there is no reduction in the number of authorized shares of the Companys common stock in proportion to the reverse stock split ratio.
The foregoing description is qualified in its entirety by reference to the full text of the Amendment, which is attached hereto as
Exhibit 3.1
and incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 11, 2011
|
By:
|
PREMIERWEST BANCORP
(Registrant)
/s/ Tom Anderson
Tom Anderson
Executive Vice President and
Chief Administrative Officer
|
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