In a deal that would beef up its Northern California operations, BancWest Corp. of Honolulu said it has agreed to acquire SierraWest Bancorp for $194 million in stock.

The deal, announced late Thursday, would provide BancWest with 20 branches from Sacramento into Nevada. SierraWest, of Truckee, Calif., would also add a significant Small Business Administration lending operation to the $15 billion-asset company.

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