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PremierWest Bancorp reports $28.6M loss

Medford-based PremierWest Bancorp, parent company of PremierWest Bank, reported late Tuesday that it lost $28.6 million, or $1.15 per diluted share, in the second quarter that ended June 30, compared with earnings of $0.6 million, or 2 cents per diluted share, in the same quarter last year.

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