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  September 5, 2001
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Home > Company Index > Banking > Banking - Southeast > First Western Bank

First Western Bank
Nasdaq (SC): FWBN
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 PROFILE
First Western Bank is actually on the East Coast -- but it is in "western" North Carolina. The bank has about half a dozen branches in the Smoky Mountains region north of Asheville. Founded in 1997, First Western offers such traditional community banking services as checking and savings accounts; safe-deposit boxes; and consumer, mortgage, and commercial loans. Its loan portfolio is composed primarily of residential real estate loans (almost half of its loan portfolio) and commercial loans (about 40% of the portfolio). First Western also offers land and consumer loans.

 COMPETITION
BB&T Corporation (BBT)
First Citizens BancShares, Inc. (FCNCA)
RBC Centura Banks, Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5.60
1-Yr. Sales Growth: 23.7%
Employees: 27
Revenue per employee: $207,407.41

 KEY PEOPLE
• Ronnie E. Deyton
    CEO
• Timothy W. Greene
    CFO

 CONTACT INFO
600 W Bypass
Burnsville, NC 28714
US
Phone: 828-682-1115
Fax: 828-682-6072

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