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To our customers and communities,
AmericanWest Bank is financially strong and well positioned for the future. We have the ability to meet the current and future needs of our customers by providing sophisticated products and services as well as the agility and commitment to deliver each with the community banking spirit our customers have come to expect.
The ongoing financial strength of the bank is demonstrated by our first quarter balance sheet and other key financial indicators. For example, AmericanWest Bank is among the most well capitalized banks in the country. This strength stands as a resource to our customers and the community—both as capital readily-available to deploy as loans, and as a source of economic stability within the communities we serve.
Three banks joined us through acquisition last year, and in March we announced the planned acquisition of Security Business Bank of California. We anticipate this acquisition will close early in the third quarter, pending standard regulatory and shareholder approvals.
It is my pleasure to lead a hardworking, dedicated team, singularly focused on exceeding your expectations. Last year we continued our community involvement activities, as well as heightened our focus on serving businesses of all sizes while maintaining our outstanding service to the individuals who bank with us. Today, and as we move forward, we measure ourselves by how well we serve our customers, communities and one another. Only when we are highly regarded by all three constituencies will we achieve our goal to be exceptional.
We are making great strides to become your premier relationship bank. Rightfully so, you will judge the success of these efforts by our actions more so than what I’ve written on this page. We look forward to continuing to earn your trust and exceed your service expectations.
Scott A. Kisting
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President and CEO
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