FORM 11-K
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Fiscal Year Ended December 31, 1996 OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File Number: 0-14209
A. Full title of the plan and the address of the plan, if different from
that of the issuer named below:
First Bank Northwest 401(k) Profit Sharing Plan
B. Name of issuer of the securities held pursuant to the plan and the
address of its principal executive office:
FirstBank Corp.
920 Main Street
Lewiston, Idaho 83501
THE PLAN IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA"). IN ACCORDANCE WITH ITEM NO. 4 OF REQUIRED INFORMATION, THE
PLAN FINANCIAL STATEMENTS AND SCHEDULES ATTACHED HERETO ARE PREPARED IN
ACCORDANCE WITH THE FINANCIAL REPORTING REQUIREMENTS OF ERISA.
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First Bank Northwest 401(k) Profit Sharing Plan
Balance Sheet*
At At
January 1, 1996 December 31, 1996
--------------- -----------------
Assets
Cash. . . . . . . . . . . . . . . . . 0 0
Receivables . . . . . . . . . . . . . 66,603 68,882
Investments . . . . . . . . . . . . . -- --
U.S. Government securities. . . . . 0 0
Corporate debt and equity
instruments. . . . . . . . . . . . 150,647 698,040
Real estate and mortgages (other
than to participants). . . . . . . -- --
Loan to participants:
Mortgages . . . . . . . . . . . . -- --
Other . . . . . . . . . . . . . . -- --
Other . . . . . . . . . . . . . . . 62,643 267,600
Total investments . . . . . . . . . 213,290 965,649
Buildings and other property used
in plan operations . . . . . . . . . -- --
Other assets. . . . . . . . . . . . . -- --
Total assets. . . . . . . . . . . . . 279,693 1,034,531
Liabilities
Payables. . . . . . . . . . . . . . . -- 678
Acquisitions indebtedness . . . . . . -- --
Other liabilities . . . . . . . . . . -- --
Total liabilities . . . . . . . . . . -- 678
Net assets. . . . . . . . . . . . . . 279,893 1,033,853
* Prepared in accordance with the financial reporting requirements of the
Employee Retirement Income Security Act of 1974, as amended, applicable to
plans with fewer than 100 participants.
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First Bank Northwest 401(k) Profit Sharing Plan
Statement of Income*
At At
January 1, 1996 December 31, 1996
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Income
Contributions received or receivable
in cash from:
Employer(s) (including contributions
on behalf of self-employed
individuals) . . . . . . . . . . . 235,184 --
Employees . . . . . . . . . . . . . -- --
Other . . . . . . . . . . . . . . . 479,598 --
Total . . . . . . . . . . . . . . . . 714,782 --
Noncash contributions . . . . . . . . -- 714,782
Earnings from investments (interest,
dividends, rents, royalties) . . . . -- 28,892
Net realized gain (loss) on sale
or exchange of assets. . . . . . . . -- 14,163
Other income (specify). . . . . . . . -- --
Total income. . . . . . . . . . . . . -- 757,837
Expenses
Distribution of benefits and
payments to provide benefits:
Directly to participants. . . . . . 3,877 --
Other . . . . . . . . . . . . . . . -- --
Total distribution of benefits
and payment to provide benefits. . -- 3,877
Administration expense (salaries,
fees, commissions, insurance
premiums). . . . . . . . . . . . . . -- --
Other expenses (specify). . . . . . . -- --
Total expenses. . . . . . . . . . . . -- 3,877
Net income (loss) . . . . . . . . . . -- 753,960
* Prepared in accordance with the financial reporting requirements of the
Employee Retirement Income Security Act of 1974, as amended, applicable to
plans with fewer than 100 participants.
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SIGNATURE
The Plan. Pursuant to the requirements of the Securities and Exchange
Act of 1934, the trustees (or other persons who administer the employee
benefit plan) have duly caused this annual report to be signed on its behalf
by the undersigned hereunto duly authorized.
First Bank Northwest 401(k) Profit Sharing Plan
Date: July 1, 1997 By: /s/ Clyde E. Conklin
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Clyde E. Conklin
President and Chief Executive Officer
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