PremierWest Bancorp Announces Q4 EPS of $(0.01) vs. $(0.03)

PremierWest Bancorp PRWT announced results for the fourth quarter of 2010 as follows: For the three months ended December 31, 2010: -- Net loss applicable to common shareholders of $705,000 compared to a net loss of $1.4 million for the third quarter ended September 30, 2010, and a net loss applicable to common shareholders of $110.6 million for the quarter ended December 31, 2009. -- Loss per common share remained the same at $0.01 for both the three months ended December 31, 2010 and September 30, 2010, and compares to a loss per common share of $4.46 for the quarter ended December 31, 2009.