Mountain West Bank, National Association

Helena, MT · Cert 33314

FDIC · 13 branches

Q3 2014

$615.6MAssets

$352.3MLoans

$511.7MDeposits

$94.8MEquity

Loan mix

Deposit mix

NIM

Market Position · Great Falls, MT · 2014 SOD (annual) · 10.6% share · #5 of 10 inst. · $0.1B of $1.3B

20.2% Lewis and Clark

10.6% Cascade

3.5% Missoula

2.3% Flathead

Earnings: ROA of 0.27%, down 37 bps year over year; NIM at 0.98%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 68.85% of deposits as of Q3 2014.

Return on Assets (YTD, annualized)

0.27%-37 bps YoY

Net Interest Margin (YTD, annualized)

0.98%-254 bps YoY

Efficiency Ratio (YTD, annualized)

54.12%-2,841 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	0.64%	0.75%	0.54%	0.66%	0.27%	-37 bps
Return on Equity	5.43%	6.42%	4.47%	5.39%	2.09%	-334 bps
Net Interest Margin	3.52%	3.50%	3.47%	3.48%	0.98%	-254 bps
Efficiency Ratio	82.53%	81.82%	77.26%	75.61%	54.12%	-2,841 bps
Non-Interest Burden	2.75%	2.72%	2.53%	2.44%	0.54%	-221 bps
Growth
Asset Growth (YoY)	1.47%	-1.01%	0.25%	-1.63%	-4.09%	-556 bps
Loan Growth (YoY)	0.77%	-4.86%	-1.34%	-3.78%	-12.39%	-1,316 bps
Deposit Growth (YoY)	0.08%	-2.46%	-1.52%	-1.46%	-5.82%	-590 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.02%	-0.11%	-0.03%	0.16%	0.00%	+2 bps
Allowance / Loans	3.26%	3.00%	3.11%	3.09%	0.00%	-326 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	17.63%	17.62%	18.08%	18.23%	15.92%	-171 bps
Equity / Assets	11.61%	11.86%	12.19%	12.49%	15.41%	+380 bps
Liquidity & Funding
Loans / Deposits	74.01%	74.95%	75.18%	75.33%	68.85%	-516 bps
Liquid Assets / Assets	9.01%	8.10%	8.36%	8.82%	22.91%	+1,390 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a