First Citizens Bank, National Association

Columbia Falls, MT · Cert 26682

FDIC

Q4 2006

$45.3MAssets

$30.6MLoans

$33.5MDeposits

$10.9MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of -3.89%, down 519 bps year over year; NIM at -13.35%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
Funding: loans stand at 91.18% of deposits as of Q4 2006.

Return on Assets (quarter, annualized)

-3.89%-519 bps YoY

Net Interest Margin (quarter, annualized)

-13.35%-1,816 bps YoY

Efficiency Ratio (quarter, annualized)

67.13%+458 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2005	Q1 2006	Q2 2006	Q3 2006	Q4 2006	YoY Δ	Trend
Earnings
Return on Assets	1.31%	1.47%	1.61%	1.62%	-3.89%	-519 bps
Return on Equity	16.80%	18.00%	15.31%	13.53%	-21.00%	-3,780 bps
Net Interest Margin	4.81%	4.79%	5.65%	5.75%	-13.35%	-1,816 bps
Efficiency Ratio	62.55%	53.68%	60.78%	63.18%	67.13%	+458 bps
Non-Interest Burden	2.63%	2.09%	2.96%	3.14%	-6.15%	-878 bps
Growth
Asset Growth (YoY)	22.60%	-5.68%	-11.09%	-16.79%	-28.27%	-5,086 bps
Loan Growth (YoY)	-22.81%	-18.53%	-2.16%	5.99%	-2.18%	+2,063 bps
Deposit Growth (YoY)	23.52%	-6.85%	-13.32%	-18.96%	-42.28%	-6,579 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.01%	0.01%	0.00%	0.00%	-0.01%	0 bps
Allowance / Loans	1.58%	1.69%	1.67%	1.62%	1.81%	+23 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	12.74%	14.75%	15.57%	15.79%	17.30%	+456 bps
Equity / Assets	7.05%	9.63%	11.57%	12.38%	23.98%	+1,693 bps
Liquidity & Funding
Loans / Deposits	53.81%	75.24%	92.35%	95.96%	91.18%	+3,738 bps
Liquid Assets / Assets	0.35%	0.44%	3.61%	0.00%	0.00%	-35 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a