Americanwest Bancorporation (AWBC) 8-K Third Quarter Results and Quarterly Cash Dividend

Exhibit 99.1

AMERICANWEST BANCORPORATION

CONTACT:	Robert M. Daugherty	President and CEO
	Diane L. Kelleher	Chief Financial Officer
		(509) 467-6993

NEWS RELEASE

AMERICANWEST BANCORPORATION ANNOUNCES 2006

THIRD QUARTER RESULTS AND QUARTERLY CASH DIVIDEND

Spokane, Washington – October 24, 2006 AmericanWest Bancorporation (Nasdaq: AWBC) today announced that net income for the three and nine months ended September 30, 2006 was $2.4 million or $0.21 per diluted share and $6.8 million or $0.61 per diluted share, respectively. This compares to $3.2 million or $0.30 per diluted share for the three months ended September 30, 2005 and $9.9 million or $0.94 per diluted share for the nine months ended September 30, 2005.

On October 19, 2006 AWBC and Utah-based Far West Bancorporation announced the signing of a definitive agreement for Far West Bancorporation (Far West) to merge with and into AWBC, followed by the merger of Far West’s principal operating subsidiary, Far West Bank (FWB) with and into AWBC’s principal operating subsidiary, AmericanWest Bank (AWB), in a transaction valued at approximately $150 million. The transaction is expected to be completed during the first quarter of 2007 and is subject to regulatory approval and approval by the shareholders of both companies. For additional information related to this transaction refer to the Form 8-K filed with the Securities and Exchange Commission on October 19, 2006.

“The acquisition of Far West Bank sharply accelerates our planned expansion in Utah by adding a well-known brand with 16 branches, a strong customer base and a great team of bankers,” said Robert M. Daugherty, AmericanWest Bank President and Chief Executive Officer. “By combining with Far West we’re creating a bank whose size is unique to the Utah market and we believe that gives us a distinct advantage.”

AWBC is also announcing that its Board of Directors has approved a cash dividend of $0.03 per share, payable on November 17, 2006 to shareholders of record at the close of business on November 3, 2006.

Loan Growth and Credit Quality:

Gross loans were relatively unchanged at $1.2 billion at September 30, 2006 and at June 30, 2006. Gross loans increased $223 million or 23% as compared to December 31, 2005, including $146 million in loans acquired from Columbia Trust Bank (CTB) during the first quarter of 2006. During the third quarter of 2006, government guaranteed loans totaling $10.2 million were sold offset by a substantial portion of new loan production. The percentage of commercial real estate loans remained consistent at 51% of the total loan portfolio at September 30, 2006.

Total nonperforming loans were $12.2 million or 1.03% of total gross loans at September 30, 2006 which is an improvement from $13.6 million or 1.14% of total gross loans as of June 30, 2006 and $14.5 million or 1.50% at December 31, 2005. Total nonperforming assets, including foreclosed real estate and other foreclosed assets, were $12.7 million or 0.93% of total assets at September 30, 2006 which is an improvement from $14.5 million or 1.05% of total assets as of June 30, 2006 and $16.7 million or 1.51% of total assets at December 31, 2005. The consistent improvements in these ratios since December 31, 2005 reflect both the reduction of nonperforming assets and the increase in AWBC’s asset base.

The allowance for loan losses was $15.5 million at September 30, 2006 as compared to $14.5 million at June 30, 2006 and $14.4 million at December 31, 2005. At September 30, 2006 the allowance for loan losses as a percentage of total gross loans was 1.31% which compares to 1.22% at June 30, 2006 and 1.49% at December 31, 2005.

The loan loss provision for the quarter ended September 30, 2006 was $1.3 million and for the nine months it was $2.8 million. This compares to $1.1 million and $2.4 million for the three months and nine months ended September 30, 2005, respectively. The loan loss provision in the third quarter is principally attributable to movement within the risk grades of the portfolio primarily in the agricultural category. For the three months ended September 30, 2006 net charge offs, annualized as a percentage of average gross loans were 0.12% as compared to 0.26% for the three months ended June 30, 2006. For the nine months ended September 30, 2006 and 2005, the annualized net charge offs were 0.45% and 0.69% of total average loans, respectively.

Deposit Balances:

Total deposits increased $35 million or 3% during the three months ended September 30, 2006. Deposits increased $203 million or 23% as compared to December 31, 2005, including $176 million in deposits acquired from CTB during the first quarter.

Daugherty remarked, “We are continuing our investment in the Company with new financial centers placed in growth markets. We believe these strategic investments, when combined with a full array of competitive banking products and services, will be a key driver of future deposit and earnings growth.”

Net Interest Margin and Net Interest Income:

The net interest margin was 5.03% for the quarter ended September 30, 2006 as compared to 5.07% for the quarter ended June 30, 2006 and 5.23% for the quarter ended September 30, 2005. The decline in the net interest margin during the third quarter was mainly due to the cost of funds rising

more quickly than the loan yields. The yield on earning assets increased by 15 basis points to 7.99% and the cost of interest bearing liabilities increased 27 basis points to 3.77% during the quarter ended September 30, 2006 as compared to the quarter ended June 30, 2006.

Compared to the similar quarter of the prior year, the earning assets yield increased 73 basis points and the cost of interest bearing liabilities increased 118 basis points. The slower rise in the earning assets yield as compared to the cost of interest bearing liabilities during this past year of rising market rates is attributable to tighter loan spreads due to competition and deliberate changes in the loan portfolio to improve overall credit quality. The improvement in credit quality is also indicated in the nonperforming asset ratios. Also, the cost of funds is increasing due to higher borrowing costs.

Net interest income was $15.7 million for the quarter ended September 30, 2006 as compared to $15.5 million for the quarter ended June 30, 2006 and $13.4 million for the same period in 2005. Net interest income for the nine months ended September 30, 2006 was $44.4 million as compared to $40.2 million for the similar period of the prior year. Net interest income is higher due to an increase in average earning assets which has offset the reduction in the net interest margin.

Noninterest Income and Expense:

Noninterest income was $2.8 million for the quarter ended September 30, 2006 as compared to $2.2 million for the quarter ended June 30, 2006 and $2.0 million for the similar quarter of the prior year. Noninterest income for the nine months ended September 30, 2006 was $6.7 million as compared to $5.8 million for the similar period of the prior year. During the quarter, government guaranteed loan sales of $10.2 million resulted in noninterest revenues of $0.5 million. Management is continuing to evaluate similar opportunities going forward. Additionally, increased revenues are being driven by higher deposit and other service fees and mortgage banking income.

Noninterest expense was $13.2 million for the quarter ended September 30, 2006 as compared to $12.7 million for the quarter ended June 30, 2006 and $10.5 million for the similar quarter of the prior year.

Noninterest expense for the nine months ended September 30, 2006 was $7.7 million higher than the prior year. The increase consists mainly of salaries and employee benefits of $5.1 million due to the higher FTE count including the expansion with CTB, new Idaho financial centers and operations in Utah. Additionally, in the prior year there was a reversal of accruals related to deferred compensation and salary continuation agreements of $0.7 million. Various other categories of expenses increased including other expenses of $0.9 million, equipment expense of $0.5 million and intangible assets amortization of $0.5 million. The other expenses increased from the similar period of the prior year due mainly to increased advertising costs, training costs, other acquisition related expenses and various other expense increases related to growth initiatives. Additionally, an exchange of bank owned life insurance policies resulted in a $0.6 million loss in 2005.

The efficiency ratio was steady for the quarter at 70.10% as compared to 69.99% for the three months ended June 30, 2006, and it was 67.93% for the third quarter of 2005. AWB management anticipates an improvement going forward as revenues expand based on growth initiatives.

Income Taxes:

The effective tax rate for the nine months ended September 30, 2006 was 36.4% which is higher than the similar period of the prior year of 28.1%. During the third quarter of 2005, AWBC recorded a $0.9 million reversal of a tax reserve which significantly reduced the effective tax rate in that year. The effective tax rate for the three months ended September 30, 2006 was 38.0% and is consistent with management’s expectations for the fourth quarter of 2006. The effective tax rate increased in 2006 primarily due to the recapture of certain tax credits recognized in prior years due to modification of the usage of a building and uncertain completion of other construction.

Company Expansion:

The Bank opened its permanent financial center in Hayden, Idaho during the third quarter, replacing the temporary facility that was opened in 2002. Also, during the third quarter, the Bank opened a financial center in an emerging growth area on the west side of Yakima, Washington while closing an older and less convenient office that generally served the same market.

Other expansion activities include the opening of a loan production office in the Salt Lake City, Utah, metropolitan area during the second quarter of 2006. The loan production office is anticipated to contribute to net income by the end of the year.

AWB expects to open three de novo financial centers in the fourth quarter of 2006. These are located in Coeur d’Alene, Idaho, in College Place near Walla Walla, Washington and in the West Plains area near Spokane, Washington.

Business Summary:

AmericanWest Bancorporation is a bank holding company whose principal subsidiary is AmericanWest Bank, a community bank with 43 financial centers located in Eastern Washington and Northern Idaho, as well as loan production offices in Ellensburg, Washington and South Jordan, Utah. For further information on the Company or to access Internet banking, please visit our web site atwww.awbank.net.

Forward Looking Statements:

This document contains comments and information that constitute “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995). The forward-looking statements herein are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, among other things, the following possibilities: the ability to open new financial centers and to do so on time and on budget; the ability to realize contribution from the Company’s loan production office in Utah and new financial centers; the ability to grow revenues and improve the efficiency ratio; the ability of the companies to obtain the required shareholder or regulatory approvals for the transaction with Far West; the ability of the companies to consummate the transaction; the ability to successfully integrate the companies following the transaction; a material adverse change in the

financial condition, results of operations or prospects of either company; the ability to fully realize the expected cost savings and revenues or the ability to realize them on a timely basis; the risk of borrower, depositor and other customer attrition after the transaction is completed; a change in general business and economic conditions; changes in the interest rate environment, deposit flows, loan demand, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation and regulation; other economic, competitive, governmental, regulatory, geopolitical and technological factors affecting the companies’ operations, pricing and services; and other risk factors referred to from time to time in filings made by the Company with the Securities and Exchange Commission. When used in this document, the words “believes,” “estimates,” “expects,” “should,” “anticipates” and similar expressions as they relate to either company or the proposed transaction are intended to identify forward-looking statements. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

This press release may be deemed to be offering or solicitation materials of AmericanWest Bancorporation and Far West Bancorporation in connection with the proposed merger of Far West with and into AmericanWest. Shareholders are urged to read the joint proxy statement/prospectus that will be included in the registration statement on Form S-4, which AmericanWest will file with the SEC in connection with the proposed acquisition, because both will contain important information about AmericanWest, Far West, the acquisition and related matters. The directors and executive officers of AmericanWest and Far West may be deemed to be participants in the solicitation of proxies from their respective shareholders. Information regarding AmericanWest’s participants and their security holdings can be found in its most recent proxy statement filed with the SEC, and information for both AmericanWest and Far West participants in the joint proxy statement/prospectus when it is filed with the SEC.

Additional Information and Where to Find It:

Investors and security holders may obtain and are urged to carefully review and consider AWBC’s public filings with the SEC. The documents filed by AWBC with the SEC may be obtained free of charge at AWBC’s website atwww.awbank.net or at the SEC’s website atwww.sec.gov. These documents may also be obtained free of charge from AWBC by requesting them in writing at AmericanWest Bancorporation, 41 W. Riverside Avenue, Suite 400, Spokane, Washington 99201, by emailinginvestorinfo@awbank.net, or by telephone at 509-232-1536.

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

Consolidated Statements of Income:	For the three months ended:
	9/30/2006		6/30/2006		9/30/2005
INTEREST INCOME
Interest and fees on loans	$	24,447	$	23,535	$	18,423
Interest on securities		494		458		242
Other interest income		44		28		11
TOTAL INTEREST INCOME		24,985		24,021		18,676
INTEREST EXPENSE
Interest on deposits		7,281		6,551		4,110
Interest on borrowings		1,993		1,957		1,132
TOTAL INTEREST EXPENSE		9,274		8,508		5,242
NET INTEREST INCOME		15,711		15,513		13,434
Provision for loan losses		1,315		704		1,100
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES		14,396		14,809		12,334
NONINTEREST INCOME
Fees and service charges		1,467		1,388		1,253
Brokered fee income		452		405		274
Other		845		397		438
TOTAL NONINTEREST INCOME		2,764		2,190		1,965
NONINTEREST EXPENSE
Salaries and employee benefits		7,748		7,376		5,775
Occupancy expense, net		1,064		1,018		820
Equipment expense		988		953		789
State business and occupation tax		383		312		244
Foreclosed real estate and other foreclosed assets expense		52		81		125
Intangible assets amortization		294		294		62
Other		2,716		2,650		2,708
TOTAL NONINTEREST EXPENSE		13,245		12,684		10,523
INCOME BEFORE PROVISION FOR INCOME TAX		3,915		4,315		3,776
PROVISION FOR INCOME TAXES		1,486		1,547		552
NET INCOME	$	2,429	$	2,768	$	3,224
Basic earnings per share	$	0.21	$	0.24	$	0.31
Diluted earnings per share	$	0.21	$	0.24	$	0.30
Basic weighted average shares outstanding		11,373,559		11,317,386		10,425,258
Diluted weighted average shares outstanding		11,530,546		11,511,564		10,633,733
Ending book value per share	$	13.31	$	13.09	$	11.16
Ending tangible book value per share	$	9.71	$	9.46	$	9.77
Ending shares outstanding		11,376,497		11,362,267		10,443,123

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

Consolidated Statements of Income:	For the nine months ended:
	9/30/2006		9/30/2005
INTEREST INCOME
Interest and fees on loans	$	66,839	$	52,183
Interest on securities		1,410		913
Other interest income		123		42
TOTAL INTEREST INCOME		68,372		53,138
INTEREST EXPENSE
Interest on deposits		18,868		10,597
Interest on borrowings		5,057		2,312
TOTAL INTEREST EXPENSE		23,925		12,909
NET INTEREST INCOME		44,447		40,229
Provision for loan losses		2,801		2,365
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES		41,646		37,864
NONINTEREST INCOME
Fees and service charges		4,021		3,589
Brokered fee income		1,137		1,010
Other		1,552		1,232
TOTAL NONINTEREST INCOME		6,710		5,831
NONINTEREST EXPENSE
Salaries and employee benefits		22,015		16,878
Occupancy expense, net		3,006		2,637
Equipment expense		2,828		2,294
State business and occupation tax		949		693
Foreclosed real estate and other foreclosed assets expense		559		544
Intangible assets amortization		688		188
Other		7,552		6,681
TOTAL NONINTEREST EXPENSE		37,597		29,915
INCOME BEFORE PROVISION FOR INCOME TAX		10,759		13,780
PROVISION FOR INCOME TAXES		3,913		3,875
NET INCOME	$	6,846	$	9,905
Basic earnings per share	$	0.62	$	0.95
Diluted earnings per share	$	0.61	$	0.94
Basic weighted average shares outstanding		11,114,884		10,388,358
Diluted weighted average shares outstanding		11,295,170		10,566,666

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

Consolidated Statement of Condition:

	September 30, 2006		June 30, 2006			December 31, 2005			September 30, 2005
ASSETS
Cash and due from banks	$	38,888	$	41,467		$	40,825		$	46,843
Overnight interest bearing deposits with other banks		175		885			11,119			10,620
Cash and cash equivalents		39,063		42,352			51,944			57,463
Securities, available-for-sale at fair value		42,758		44,783			31,364			22,950
Loans, net of allowance for loan losses		1,169,208		1,174,790			947,893			977,610
Loans, held for sale		7,672		5,439			3,395			3,674
Accrued interest receivable		8,958		8,197			6,969			7,348
FHLB stock		6,319		6,319			5,397			5,397
Premises and equipment, net		27,320		26,574			21,762			21,938
Foreclosed real estate and other foreclosed assets		573		876			2,221			3,210
Bank owned life insurance		19,537		19,357			16,987			16,911
Goodwill		33,068		33,136			12,050			12,050
Intangible assets		7,800		8,094			2,391			2,454
Other assets		6,732		6,293			6,761			8,756
TOTAL ASSETS	$	1,369,008	$	1,376,210		$	1,109,134		$	1,139,761
LIABILITIES
Noninterest bearing demand deposits	$	225,558	$	223,561		$	191,192		$	195,154
Interest bearing deposits:
NOW, savings accounts and MMDA		472,974		443,250			391,876			434,376
Time, $100,000 and over		214,736		216,974			149,101			167,884
Other time		187,425		181,840			165,261			165,573
TOTAL DEPOSITS		1,100,693		1,065,625			897,430			962,987
Federal Home Loan Bank advances		80,575		128,041			70,638			40,648
Other borrowings and capital lease obligations		5,190		3,441			899			1,079
Junior subordinated debt		20,620		20,620			10,310			10,310
Accrued interest payable		3,617		2,976			1,754			1,506
Other liabilities		6,926		6,812			6,626			6,713
TOTAL LIABILITIES		1,217,621		1,227,515			987,657			1,023,243
STOCKHOLDERS’ EQUITY
Common stock, no par		127,242		126,985			104,667			103,324
Retained earnings		24,133		22,045			17,967			14,000
Unearned compensation		—		—			(1,095	)		(790	)
Accumulated other comprehensive loss, net of tax		12		(335	)		(62	)		(16	)
TOTAL STOCKHOLDERS’ EQUITY		151,387		148,695			121,477			116,518
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	1,369,008	$	1,376,210		$	1,109,134		$	1,139,761

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

	Three Months Ended
	9/30/2006		6/30/2006		9/30/2005
Quarterly Financial Ratios, annualized:
Return on average assets	0.71	%	0.82	%	1.15	%
Return on average equity	6.44	%	7.61	%	11.19	%
Efficiency ratio	70.10	%	69.99	%	67.93	%
Noninterest income to average assets	0.80	%	0.65	%	0.70	%
Noninterest expenses to average assets	3.85	%	3.76	%	3.77	%
Net interest margin to average earning assets (1)	5.03	%	5.07	%	5.23	%
Ending shareholders’ equity to assets	11.06	%	10.80	%	10.22	%
Ending tangible shareholders’ equity to tangible assets	8.32	%	8.05	%	9.07	%

	Nine Months Ended
	9/30/2006		9/30/2005
Year to Date Financial Ratios, annualized:
Return on average assets	0.71	%	1.25	%
Return on average equity	6.51	%	11.97	%
Efficiency ratio	72.15	%	64.54	%
Noninterest income to average assets	0.70	%	0.74	%
Noninterest expenses to average assets	3.92	%	3.79	%
Net interest margin to average earning assets (1)	5.07	%	5.54	%

(1) Presented on a tax equivalent basis for tax exempt securities.

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

	9/30/2006			6/30/2006			12/31/2005			9/30/2005
Loan Portfolio:
Commercial real estate	$	605,097		$	604,337		$	501,328		$	522,283
Commercial and industrial		284,322			297,855			226,964			225,761
Agricultural		155,875			157,290			119,355			124,111
Residential mortgage		74,910			69,564			58,803			52,605
Residential construction		40,523			35,548			33,906			40,921
Installment and other		24,846			25,559			22,527			28,341
Total loans		1,185,573			1,190,153			962,883			994,022
Allowance for loan losses		(15,477	)		(14,527	)		(14,361	)		(16,013	)
Deferred loan fees, net of deferred costs		(888	)		(836	)		(629	)		(399	)
Net loans	$	1,169,208		$	1,174,790		$	947,893		$	977,610
	9/30/2006			6/30/2006			12/31/2005			9/30/2005
Nonperforming assets:
Accruing loans over 90 days past due	$	549		$	0		$	31		$	1
Nonaccrual loans		11,621			13,577			14,452			17,241
Total nonperforming loans	$	12,170		$	13,577		$	14,483		$	17,242
Foreclosed real estate and other foreclosed assets		573			876			2,221			3,210	��
Total nonperforming assets	$	12,743		$	14,453		$	16,704		$	20,452
Total nonperforming loans to total gross loans		1.03	%		1.14	%		1.50	%		1.73	%
Total nonperforming assets to total assets		0.93	%		1.05	%		1.51	%		1.79	%
Allowance for loan loss to total gross loans		1.31	%		1.22	%		1.49	%		1.61	%
Quarterly net chargeoffs to average gross loans, annualized		0.12	%		0.26	%		0.67	%		0.19	%
Quarterly provision to average gross loans, annualized		0.44	%		0.24	%		0.00	%		0.44	%
Allowance for loan loss to nonperforming loans		127.17	%		107.00	%		99.16	%		92.87	%

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

	Three Months Ended
	9/30/2006			6/30/2006			9/30/2005
Allowance for Loan Losses:
Balance, beginning of year	$	14,527		$	14,597		$	15,377
Provision charged to operations		1,315			704			1,100
Loans charged-off		(640	)		(917	)		(517	)
Recoveries		275			143			53
Balance, end of year	$	15,477		$	14,527		$	16,013

	Nine Months Ended
	9/30/2006			9/30/2005
Balance, beginning of year	$	14,361		$	18,475
Provision charged to operations		2,801			2,365
Allowance related to acquired loans		2,068			—
Loans charged-off		(4,284	)		(5,024	)
Recoveries		531			197
Balance, end of year	$	15,477		$	16,013

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

Quarterly Net Interest Margin:

	Three Months Ended Sept 30, 2006						Three months ended June 30, 2006						Three Months Ended Sept 30, 2005
($ in thousands)	Average Balance		Interest		%		Average Balance		Interest		%		Average Balance		Interest		%
Assets
Loans	$	1,189,151	$	24,447	8.16	%	$	1,178,263	$	23,535	8.01	%	$	991,184	$	18,423	7.37	%
Taxable securities		33,361		386	4.59	%		34,574		357	4.14	%		14,916		154	4.10	%
Nontaxable securities		10,769		165	6.08	%		10,507		153	5.84	%		8,616		133	6.12	%
FHLB Stock		6,319		—	0.00	%		6,319		—	0.00	%		5,397		—	0.00	%
Overnight deposits with other banks and other		3,106		44	5.62	%		2,451		28	4.58	%		2,469		11	1.77	%
Total interest earning assets		1,242,706		25,042	7.99	%		1,232,114		24,073	7.84	%		1,022,582		18,721	7.26	%
Noninterest earning assets		120,668						119,755						85,786
Total assets	$	1,363,374					$	1,351,869					$	1,108,368
Liabilities
Interest bearing demand deposits	$	91,827	$	168	0.73	%	$	93,111	$	172	0.74	%	$	68,169	$	75	0.44	%
Savings and MMDA deposits		352,140		2,700	3.04	%		354,325		2,494	2.82	%		331,962		1,803	2.15	%
Time deposits		397,454		4,413	4.41	%		384,128		3,885	4.06	%		295,585		2,232	3.00	%
Total interest bearing deposits		841,421		7,281	3.43	%		831,564		6,551	3.16	%		695,716		4,110	2.34	%
Overnight borrowings		42,273		582	5.46	%		70,294		894	5.10	%		36,651		377	4.08	%
Other borrowings		91,963		1,411	6.09	%		72,309		1,063	5.90	%		71,596		755	4.18	%
Total interest bearing liabilities		975,657		9,274	3.77	%		974,167		8,508	3.50	%		803,963		5,242	2.59	%
Noninterest bearing demand deposits		227,782						222,516						181,075
Other noninterest bearing liabilities		10,222						9,207						9,057
Total liabilities		1,213,661						1,205,890						994,095
Stockholders’ Equity		149,713						145,979						114,273
Total liabilities and stockholders’ equity	$	1,363,374					$	1,351,869					$	1,108,368
Net interest income and spread			$	15,768	4.22	%			$	15,565	4.34	%			$	13,479	4.67	%
Net interest margin to average earning assets					5.03	%					5.07	%					5.23	%

AmericanWest Bancorporation

Selected Consolidated Financial Highlights

($ in thousands, except per share data and ratios; unaudited)

Year to Date Net Interest Margin:

	Nine Months Ended September 30,
	2006						2005
($ in thousands)	Average Balance		Interest		%		Average Balance		Interest		%
Assets
Loans	$	1,126,255	$	66,839	7.93	%	$	941,025	$	52,183	7.41	%
Taxable securities		30,977		1,115	4.81	%		17,459		621	4.76	%
Nontaxable securities		9,865		447	6.06	%		8,680		409	6.30	%
FHLB Stock		6,055		—	0.00	%		5,390		22	0.55	%
Overnight deposits with other banks and other		3,005		123	5.47	%		1,606		42	3.50	%
Total interest earning assets		1,176,157		68,524	7.79	%		974,160		53,277	7.31	%
Noninterest earning assets		107,694						82,490
Total assets	$	1,283,851					$	1,056,650
Liabilities
Interest bearing demand deposits	$	88,291	$	482	0.73	%	$	64,815	$	168	0.35	%
Savings and MMDA deposits		342,342		7,175	2.80	%		347,058		4,601	1.77	%
Time deposits		368,025		11,211	4.07	%		272,981		5,828	2.85	%
Total interest bearing deposits		798,658		18,868	3.16	%		684,854		10,597	2.07	%
Overnight borrowings		43,544		1,668	5.12	%		49,158		1,457	3.96	%
Other borrowings		78,329		3,389	5.78	%		29,038		855	3.94	%
Total interest bearing liabilities		920,531		23,925	3.47	%		763,050		12,909	2.26	%
Noninterest bearing demand deposits		213,184						173,711
Other noninterest bearing liabilities		9,548						9,273
Total liabilities		1,143,263						946,034
Stockholders’ Equity		140,588						110,616
Total liabilities and stockholders’ equity	$	1,283,851					$	1,056,650
Net interest income and spread			$	44,599	4.32	%			$	40,368	5.05	%
Net interest margin to average earning assets					5.07	%					5.54	%

The above net interest margin tables include nonaccrual loans in the average loan balances. Tax exempt securities income has been presented using a tax equivalent basis and an assumed tax rate of 34%.

Source: AmericanWest Bancorporation