First Western Bank, National Association

Atkinson, NE · Cert 5378

FDIC

Q4 2001

$65.7MAssets

$41.1MLoans

$58.6MDeposits

$6.6MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.97%, up 31 bps year over year; NIM at 3.89%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
Funding: loans stand at 70.18% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

1.97%+31 bps YoY

Net Interest Margin (YTD, annualized)

3.89%

Efficiency Ratio (YTD, annualized)

61.08%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	1.78%	1.81%	1.73%	1.67%	1.61%	1.60%	1.84%	1.97%	+31 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.81%	3.89%	3.95%	3.89%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	59.20%	60.36%	59.30%	61.08%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	2.15%	2.23%	2.21%	2.25%	n/a
Growth
Asset Growth (YoY)	8.48%	7.52%	10.86%	11.81%	3.28%	2.34%	-4.52%	-4.91%	-1,672 bps
Loan Growth (YoY)	9.47%	4.94%	8.88%	11.50%	6.78%	8.24%	2.87%	-8.57%	-2,007 bps
Deposit Growth (YoY)	5.68%	2.84%	8.13%	7.72%	5.71%	7.73%	3.16%	1.51%	-621 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	-0.03%	0.26%	0.17%	0.13%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.65%	1.44%	1.47%	1.55%	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	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	n/a	n/a	n/a
Total Risk-Based Capital	n/a	n/a	n/a	n/a	14.81%	13.77%	14.67%	15.61%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	11.17%	10.66%	10.98%	10.09%	n/a
Liquidity & Funding
Loans / Deposits	73.21%	75.54%	78.18%	77.92%	73.94%	75.90%	77.96%	70.18%	-774 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.02%	0.03%	0.03%	0.04%	+4 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a