FirstBank NW Corp. Reports Results of Its Annual Meeting of Stockholders Held on July 20, 2005

FirstBank NW Corp. Reports Results of Its Annual Meeting of
Stockholders Held on July 20, 2005 


CLARKSTON, Wash., July 21  /PRNewswire-FirstCall/ -- FirstBank NW Corp.
(NASDAQ:FBNW), the holding company for FirstBank Northwest, held its Annual
Meeting of Stockholders at the Quality Inn, Clarkston, Washington, on July 20,
2005.  Clyde E. Conklin, President and Chief Executive Officer announced the
re-election of James N. Marker, Sandra T. Powell and Russell H. Zenner as
directors of the Company for a three-year term, the approval of amending the
Company's Articles of Incorporation to increase the authorized number of shares
of common stock from 5,000,000 to 49,500,000, and the appointment of Moss-Adams,
LLP as the Company's independent auditors for fiscal year ending March 31, 2006.

In the reorganization meeting that followed, the directors re-appointed Steve
R. Cox as Board Chairman, Clyde E. Conklin as President and Chief Executive
Officer, and Larry K. Moxley as Executive Vice President and Chief Financial
Officer.

At the Annual Meeting, Conklin reported March 31, 2005 fiscal year end net
income of $6.28 million, or $2.09 per share on a diluted basis, and growth in
total assets to $801 million.

"FirstBank Northwest continues to demonstrate sound growth in assets, income
and market share," said Conklin.  "As the community bank subsidiary of a
publicly traded company, FirstBank Northwest is an excellent resource for the
commercial businesses, farmers and consumers throughout its market area."

FirstBank NW Corp. is the parent of FirstBank Northwest.  Founded in 1920,
FirstBank Northwest is based in Clarkston, Washington.  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.  Salomon Smith
Barney has investment centers in the Coeur d'Alene, Idaho, Clarkston and
Liberty Lake, Washington branches, and the Baker City, LaGrande, Pendleton and
Ontario, Oregon branches.  FirstBank Northwest is known as the local community
bank, offering its customers highly personalized service in the many
communities it serves.

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-KSB for the fiscal year ended March 31, 2005. 

DATASOURCE: FirstBank NW Corp.



CONTACT:  Clyde E. Conklin, Pres. & CEO of FirstBank NW Corp.,

[phone]



Web site:  http://www.fbnw.com/ 

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