FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL
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1. Name and Address of Reporting Person* Emmett David A.	2. Issuer Name and Ticker or Trading Symbol PremierWest Bancorp PRWT		6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [_] 10% Owner [_] Officer (give title below) [_] Other (specify below)
(Last) (First) (Middle) 503 Airport Road	3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)	4. Statement for Month/Day/Year April 10, 2003
(Street) Medford, OR 97501		5. If Amendment, Date of Original (Month/Day/Year) October 11, 2002	7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [_] Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	2. Trans- action Date (mm/dd/yy)	2A. Deemed Execution Date, if any (mm/dd/yy)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction (Instr. 3 and 4)	6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Trans- action Date (mm/dd/yy)	2A. Deemed Execution Date, if any (mm/dd/yy)	Code	V	Amount	(A) or (D)	Price		6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/09/2002		M		17,384	A	$3.80	18,469¹	D
Common Stock								3,600	I	By IRA
Common Stock								9,125²	I	E&G Investments, LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instructions 4(b)(v).
		Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently vaild OMB control Number.	(Over) SEC 1474 (9-02)

FORM 4 (continued)

Table II —Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1.Title of Derivative Security
(Instr.3)

2. Conversion
or Exercise
Price of
Derivative
Security

3. Transaction
Date
(Month/
Day/
Year)

3A.
Deemed
Execution
Date if
any
(Month/
Day/
Year)

4. Transaction Code Instr. 8)

5. Number of Derivative
Securities Acquired (A) or
Disposed of (D) (Instr. 3, 4 and 5)

6. Date Exercisable
and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying
Securities
(Instr. 3 and 4)

8. Price of
Derivative
Security
(Instr. 5)

9.Number of
Deriv-
ative
Secur-
ities
Bene-
ficially
Owned
Follow-
ing
Reported
Trans-
action(s)
(Instr. 4)

10. Owner-
ship
Form of
Deriv-
ative
Security:
Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of
Indirect
Benefi-
cial
Owner-
ship
(Instr. 4)

Code

(A)

(D)

Date
Exercisable

Expiration
Date

Title

Amount or
Number
of Shares

Stock Option (06/20/02)(right to buy)

$7.06

6/20/2002

(A) 1,500

12/23/2002

06/20/2012

Common Stock

1,500

Stock Option (04/01/99)(right to buy)

$3.80

10/9/2002

(D) 17,384

04/10/1999

04/01/2009

Common Stock

17,384

Explanation of Responses: (1) This is a corrected total number of shares held directly by Mr. Emmett
(2) This is a corrected total number of shares held indirectly by E&G Investments, LLC an entity which Mr. Emmett controls and he has decided to report his ownership on an aggregate basis and disclaims any interest in those shares in which he doesn't have a pecuniary interest.

**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	/s/ DAVID A. EMMETT **Signature of Repoting Person	4-10-03 Date
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