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 -0.52%, down 139 bps year over year; NIM at -4.06%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.35%.
Funding: loans stand at 68.85% of deposits as of Q3 2014.

Return on Assets (quarter, annualized)

-0.52%-139 bps YoY

Net Interest Margin (quarter, annualized)

-4.06%-762 bps YoY

Efficiency Ratio (quarter, annualized)

60.61%-2,101 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	0.87%	1.10%	0.54%	0.78%	-0.52%	-139 bps
Return on Equity	7.50%	9.39%	4.47%	6.29%	-3.71%	-1,121 bps
Net Interest Margin	3.56%	3.61%	3.47%	3.44%	-4.06%	-762 bps
Efficiency Ratio	81.61%	79.67%	77.26%	73.99%	60.61%	-2,101 bps
Non-Interest Burden	2.75%	2.74%	2.53%	2.32%	-3.29%	-605 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	0.15%	-0.38%	-0.03%	0.36%	-0.35%	-50 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