Exhibit 99.1


           Press Release for FirstBank NW Corp. dated January 4, 2006





Press Release                                         FirstBank NW Corp. (FBNW)

Company Release - 01/04/06
________________________________________________________________________________


FIRSTBANK NW CORP. ANNOUNCES TWO-FOR-ONE STOCK SPLIT

CLARKSTON, WA - January 4, 2006 - FirstBank NW Corp. (Nasdaq: FBNW) announced
today that the Corporation's Board of Directors declared a two-for-one stock
split in the form of a 100% per share stock dividend on the Corporation's
outstanding common stock. The stock dividend will be payable on February 9,
2006. Each shareholder of record as of January 26, 2006 will receive one
additional share for every share outstanding on the record date.

FirstBank NW Corp. (headquartered in Clarkston, Washington) is the holding
company for FirstBank Northwest, a Washington state chartered savings bank
founded in 1920, and has a track record of consistent above-average growth and
improving profitability, operating in the rural markets of eastern Oregon,
eastern Washington and central Idaho, in addition to the larger and growing
markets of Boise and Coeur d'Alene, Idaho and Spokane, Washington. FirstBank
Northwest is focused on each community served, striving to deliver competitive
financial products and services through exceptional customer service standards,
local expertise and leadership. FirstBank Northwest operates 20 branch locations
in Idaho, eastern Washington and eastern Oregon, in addition to residential loan
centers in Lewiston, Coeur d'Alene, Boise and Nampa, Idaho, Spokane, Washington,
and Baker City, Oregon. FirstBank Northwest is known as the local community
bank, offering its customers highly personalized service in the many communities
it serves.


FORWARD LOOKING STATEMENTS:

   Certain matters in this News Release may constitute forward-looking
   statements within the meaning of the Private Securities Litigation
   Reform Act of 1995. These forward-looking statements may relate to,
   among others, expectations of the business environment in which the
   Company operates, projections of future performance, including operating
   efficiencies, perceived opportunities in the market, potential future
   credit experience and statements regarding the Company's mission and
   vision. These forward-looking statements are based upon current
   management expectations, and may, therefore, involve risks and
   uncertainties. The Company's actual results, performance, and
   achievements may differ materially from those suggested, expressed or
   implied by forward-looking statements due to a wide range of factors
   including, but not limited to, the general business environment,
   interest rates, the real estate market in Washington, Idaho and Oregon,
   the demand for mortgage loans, competitive conditions between banks and
   non-bank financial service providers, regulatory changes, costs of
   implementing additional securities requirements and requirements of the
   Sarbanes Oxley Act of 2002 and other risks detailed in the Company's
   reports filed with the Securities and Exchange Commission, including its
   Annual Report on Form 10-K for the fiscal year ended March 31, 2005.