AmericanWest Bancorporation Appoints Allen Ketelsen to Board of Directors.Business Editors SPOKANE, Wash.--(BUSINESS WIRE)--Feb. 11, 2003 AmericanWest Bancorporation (Nasdaq:AWBC AWBC Australian Wine Brandy Corporation ) today announced its Board of Directors has appointed Allen Ketelsen to the board to replace Norman McKibben, who resigned from his position as director of AWBC for personal reasons, effective January 30, 2003. Mr. Ketelsen is the President of Ketelsen Construction Co. of Walla Walla, Washington Walla Walla is both the county seat of Walla Walla County, Washington, and the county's largest city. As of the 2000 census, the city population was 29,686GR6. , which is a commercial and residential construction firm that has been serving the Walla Walla Walla Walla (wŏl`ə wŏl`ə), city (1990 pop. 26,478), seat of Walla Walla co., SE Wash., at the junction of the Walla Walla River and Mill Creek, near the Oregon line; inc. 1862. Valley since 1980. "Allen brings to our board prior bank board experience and a wealth of experience and knowledge in the real estate building business, an area of loans our bank is very active in," said Wes Colley, President and Chief Executive Officer. Mr. Ketelsen was a director of a former subsidiary bank previously acquired by AmericanWest Bancorporation. Currently, he is an advisor to the Walla Walla Community College Building Construction Program. He has served as a board member of the Board of Governors of Walla Walla Community College Foundation, the Home Builders Association of Walla Walla, and the Walla Walla College Alumni Association An alumni association is an association of graduates (alumni) or, more broadly, of former students. In the United Kingdom and the United States, alumni of universities, colleges, schools (especially independent schools), fraternities, and sororities often form groups with alumni . AmericanWest Bancorporation is a community bank holding company with 42 branch offices -- 36 in Central and Eastern Washington
Statements concerning future performance, developments or events, and any other guidance on future periods constitute forward-looking statements subject to a number of risks and uncertainties. These include efficiency improvements, increased loan loss reserve, loan and savings product demand, changes in the banking regulatory environment, the effect of changing economic conditions throughout the U.S., as well as Eastern and Central Washington Central Washington is a region of the United States defined as the western half of Eastern Washington, or those counties lying east of the Cascade Mountains but west of the 119th meridian. State, and other risk factors detailed in the Company's Securities and Exchange Commission filings. |
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