SC 13D

UNITED STATES

SECURITIES AND EXCHANGE
COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No.     )*

FirstBank NW Corp.

(Name of Issuer)

Common Stock, par value $.01 per share

(Title of Class of Securities)

33762X106

(CUSIP Number)

Jeffery D. Gow

11624 S.E. 5th Street, Suite 200

Bellevue, WA 98005

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

January 13, 2004

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

^* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No.   33762X106
	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Crescent Capital VI, L.L.C.
	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)			o
		(b)			ý
	3.	SEC Use Only
	4.	Source of Funds (See Instructions) WC, OO
	5.	Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  o
	6.	Citizenship or Place of Organization State of Washington
Number of Shares Beneficially Owned by Each Reporting Person With			7.	Sole Voting Power 150,652
			8.	Shared Voting Power 0
			9.	Sole Dispositive Power 150,652
			10.	Shared Dispositive Power 0
	11.	Aggregate Amount Beneficially Owned by Each Reporting Person 150,652
	12.	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
	13.	Percent of Class Represented by Amount in Row (11) 5.3%*
	14.	Type of Reporting Person (See Instructions) OO

*  The calculation is based on a total of 2,828,105 shares of Common Stock outstanding as of November 25, 2003, as last reported by the Issuer in its 10-QSB/A filed with the Securities and Exchange Commission on December 1, 2003.

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	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Jeffery D. Gow
	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)			o
		(b)			ý
	3.	SEC Use Only
	4.	Source of Funds (See Instructions) WC, OO*
	5.	Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  o
	6.	Citizenship or Place of Organization United States
Number of Shares Beneficially Owned by Each Reporting Person With			7.	Sole Voting Power 150,652
			8.	Shared Voting Power 0
			9.	Sole Dispositive Power 150,652
			10.	Shared Dispositive Power 0
	11.	Aggregate Amount Beneficially Owned by Each Reporting Person 150,652
	12.	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
	13.	Percent of Class Represented by Amount in Row (11) 5.3%**
	14.	Type of Reporting Person (See Instructions) IN

*  The shares of Common Stock reported on this Schedule 13D were purchased by Crescent Capital VI, L.L.C. (“Crescent”), a limited liability company of which Mr. Gow is the managing member, using Crescent’s working capital.  In addition, Crescent effects purchases of shares through a customary margin account maintained for Crescent with Salomon Smith Barney.

**  The calculation is based on a total of 2,828,105 shares of Common Stock outstanding as of November 25, 2003, as last reported by the Issuer in its 10-QSB/A filed with the Securities and Exchange Commission on December 1, 2003.

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Item 1.	Security and Issuer
This statement relates to shares of Common Stock, par value $.01 per share (“Common Stock”), of FirstBank NW Corp., a Washington corporation (the “Issuer”).  The principal executive offices of the Issuer are located at 920 Main Street, Lewiston, Idaho 83501.
Item 2.	Identity and Background
(a)           This statement is being filed by Crescent Capital VI, L.L.C., a limited liability company organized under the laws of the State of Washington (“Crescent”) and Jeffery D. Gow, an individual (“Gow”).  The foregoing persons are hereinafter sometimes referred to collectively as the “Reporting Persons”.
(b)-(c)     Crescent is a private investment entity that seeks appreciation of its assets for the benefit of its owners.  The address of Crescent’s principal place of business and principal office is 11624 S.E. 5th Street, Suite 200, Bellevue, WA 98005.
Gow, a natural person, is President of Polygon Northwest Company, a real estate development company.  Gow is the managing member of Crescent.  The address of his principal office and principal place of business is 11624 S.E. 5th Street, Suite 200, Bellevue, WA 98005.
The executive officers and persons controlling Crescent are set forth on Exhibit 1, attached hereto.  Exhibit 1 sets forth the following information with respect to each such person:
(i) name;
(ii) business address;
(iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted; and
(iv) citizenship.
(d)-(e) During the last five years, neither the Reporting Persons nor any person named in Exhibit 1 has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Gow is a citizen of the United States.
Item 3.	Source and Amount of Funds or Other Consideration
The aggregate amount of funds used to purchase the shares of Common Stock held by Crescent was $4,418,751.  The source of funds used by Crescent to purchase such shares was working capital.  In addition, Crescent effects purchases of shares through a customary margin account maintained for Crescent with Salomon Smith Barney, which may extend credit to Crescent as and when required to open or carry positions in the margin account, subject to applicable federal margin regulations, stock exchange rules and Salomon Smith Barney’s credit policies.  In such instances, the positions held in the margin account are pledged as collateral security for the repayment of the debit balances in the account.  A copy of the form of Salomon Smith Barney’s account agreement is attached hereto as Exhibit 2.
Item 4.	Purpose of Transaction
The Reporting Persons have acquired the shares of the Issuer reported herein in order to profit from appreciation of the Common Stock, which the Reporting Persons believe is undervalued.  The Reporting Persons intend to closely monitor developments at the Issuer and may communicate with members of management and with

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other shareholders or potential shareholders of the Issuer on matters that the Reporting Persons deem relevant to their investment in the Issuer, including for the purpose of influencing material business decisions relating to the Issuer.  Depending upon market conditions and other factors that the Reporting Persons may deem material to their investment decisions, the Reporting Persons may purchase additional securities of the Issuer in the open market or in private transactions, or may dispose of all or a portion of the securities of the Issuer that the Reporting Persons own or hereafter may acquire.  In addition, based on the Reporting Persons’ continuing evaluation of the Issuer as well as market conditions and other factors that the Reporting Persons deem relevant to their investment, the Reporting Persons reserve the right to take any actions which could relate to, or result in, any of the matters referred to in paragraphs (a) through (j) of Item 4 of Schedule 13D.
Except as set forth in this Item 4, the Reporting Persons do not have any present plans or proposals which relate to or would result in any of the matters set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)  The calculations included herein are based on a total of 2,828,105 shares of Common Stock outstanding as of November 25, 2003, as last reported by the Issuer in its 10-QSB/A filed with the Securities and Exchange Commission on December 1, 2003.
As of the close of business on January 21, 2004, Crescent beneficially owns 150,652 shares of Common Stock, which represent approximately 5.3% of the outstanding Common Stock.  Gow does not own any shares of Common Stock directly.  As the managing member of Crescent, Gow may be deemed, by the provisions of Rule 13d-3 of the Securities and Exchange Act of 1934, as amended, to be the beneficial owner of the 150,652 shares of Common Stock owned by Crescent.
(b)  Crescent has sole voting power and power of disposition over the 150,652 shares of Common Stock that it beneficially owns.  As the managing member of Crescent, Gow has the authority to exercise such voting power and power of disposition on behalf of Crescent.
(c)  During the past 60 days, Crescent purchased a total of 75,800 shares of Common Stock on the dates and at the prices set forth on Exhibit 3.  The purchases were made for cash in open market transactions.
(d)  None.
(e)  Not applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
Other than the Joint Filing Agreement attached as Exhibit 4, to the best knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any persons with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.
Item 7.	Material to Be Filed as Exhibits

Exhibit No.	Description
Exhibit 1	Name, business address and present principal occupation of each executive officer or person controlling Crescent Capital VI, L.L.C.
Exhibit 2	Form of Salomon Smith Barney Client Agreement
Exhibit 3	Dates and prices of purchases of Common Stock during the past sixty days
Exhibit 4	Joint Filing Agreement dated January 22, 2004

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Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:  January 22, 2004
	Crescent Capital VI, L.L.C.
	By	/s/ Jeffery D. Gow
	Name:		Jeffery D. Gow
	Title:		Managing Member
	/s/ Jeffery D. Gow
	Jeffery D. Gow

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EX-1

Exhibit 1

The name, business address and present principal occupation of each of the executive officers and persons controlling Crescent Capital VI, L.L.C. are set forth below.  Each of these persons is a United States citizen.

Name (Business Address)	Position with Reporting Person	Principal Occupation
Jeffery D. Gow (11624 S.E. 5th Street, Suite 200 Bellevue, WA 98005)	Managing member	President of Polygon Northwest Company
Steve Wasson (P.O. Box 75 Lake Oswego, OR 97034)	Member	Investor
Gary Young (11624 S.E. 5th Street, Suite 200 Bellevue, WA 98005)	Member	Senior Vice President of Polygon Northwest Company

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EX-2

Exhibit 2

CLIENT AGREEMENT

In consideration of your opening one or more accounts for me (“we”, “us” and “our” are each substituted for “I”, “me” and “my”, respectively.  In the case of multiple account holders, corporations and other entities), and your agreeing to act as broker/dealer for me for the extension of credit and in the purchase or sale of securities, commodities, options and other property, It is agreed in respect to any and all accounts, whether upon margin or otherwise, which I now have or may at any future time have with Citigroup Global Markets Inc. or its direct or indirect subsidiaries and affiliates or their successors or assigns (hereinafter referred to as “you”, “your”, “SB” or “Smith Barney”), that:

1.  All transactions entered into under this Agreement shall be subject to any applicable constitution, rules, regulations, customs and usages of the exchange or market and its clearing-house, if any, where such transactions are executed by SB or Its agents and to all applicable laws, rules and regulations of governmental authorities and self-regulatory agencies.  Such reference to the “constitution, rules, regulations, customs and usages of the exchange” shall in no way be construed to create a cause of action arising from any violation of such constitution, rules, regulations, customs and usages.  If any provision is enacted that would be inconsistent with any of the provisions of this Agreement, the provision so affected shall be deemed modified or superseded by the enactment, but the remaining provisions of this Agreement shall remain in effect.  Except as herein provided, no provision of this Agreement may be waived, altered, modified or amended unless the same is in writing and signed by an authorized official of SB.

2.  I agree that all property which I own or in which I have an ownership interest, whether owned individually, jointly or in the name of another person or entity, which at any time may be in your possession or control for any purpose, including safekeeping, shall be subject to a continuing security interest, lien and right of set-off for the discharge and satisfaction of any debts or obligations however arising that I may owe to SB at any time and for any reason.  SB may at its discretion hold such property until my debts or obligations to SB are fully satisfied or SB may apply such property and the proceeds of the liquidation of such property toward the satisfaction of my debts and obligations and I will remain liable to SB for any deficiency.  In enforcing your security interest, you shall have the discretion to determine which property is to be sold and the order in which it is to be sold and shall have all the rights and remedies available to a secured party under the New York Uniform Commercial Code.  Without your prior written consent, I will not cause or allow any of the collateral held in my account(s), whether now owned or hereafter acquired, to be or become subject to any liens, security interests, mortgages or encumbrances of any nature other than your security interest.

Without limiting the generality of the foregoing, I hereby authorize SB to automatically liquidate any money market fund shares or withdraw any savings deposit balances available in my account (s) from time to time to cover any of my indebtedness or obligations to SB including non-trade related debts.  You are further authorized to liquidate any other property held in my account(s) to satisfy any such indebtedness or obligations whenever in your discretion you consider it necessary for your protection.

You are hereby authorized without further direction from me to automatically deposit or “sweep” all the free credit balances in my account into one or more FDIC insured depositary institutions (“Program Banks”) affiliated with you as more particularly set forth in the disclosure document which I represent that I have read and by which I agree to be bound.  I understand that you may amend the list of Program Banks and that I may eliminate any Program Bank from the list at any time.  If my free credit balances that are swept into the Program Banks reach the maximum amount that I have authorized you on my behalf to deposit or that may be so deposited under the Bank Deposit Program (“Program”), you are authorized to sweep, without further direction from me, my excess eligible free credit balances into the SB Money Fund portfolio that I have chosen.

I acknowledge (i) that I am responsible to monitor the total amount of deposits I have at each Program Bank in order to determine the extent of Federal Deposit Insurance Corporation Insurance coverage available to me, and (ii) that SB is not responsible for any insured or uninsured portion of my deposits at any of the Program Banks.

I understand that I may instruct you not to sweep the free credit balances in any of my accounts into a Program Bank account but instead to sweep such free credit balances into a tax exempt money market fund.  If I so Instruct you, you are authorized, without further direction from me, to invest any eligible free credit balances In any of my accounts in the tax exempt money market fund you make available and that I have chosen.

If I have elected the Insured Deposit Account (“IDA”) feature as my sweep, you are authorized without further direction from me to invest eligible free credit balances in my accounts in savings deposits at the depository institutions in the order set forth on the list furnished to me from time to time.  I understand that you may amend the list of depository institutions and that I may eliminate depository institutions from the list at any time.  If my funds invested through the IDA feature reach the maximum amount that I have authorized you to so invest or that may be so invested, you are authorized to Invest excess eligible free credit balances in the money market fund I have chosen or you have chosen pursuant to my authorization.  I have read the IDA Disclosure Document and agree to be bound by its terms and conditions.

“Property” as used anywhere in this Agreement shall include, but not be limited to, investment property, securities and commodities accounts, securities of all kinds, money, savings deposits, certificates of deposit, bankers’ acceptances, commercial paper, options, commodities, and contracts for the future delivery of commodities or relating to commodities or securities, and the distributions, proceeds, products and accessions of any of the above.  All property held in a securities account shall be treated as a financial asset under Article 8 of the New York Uniform Commercial Code.

3.  In case of the sale of any security, commodity, or other property at my direction and the inability of SB to deliver the same to the purchaser by reason of my failure to supply them to SB, I authorize SB to borrow any security, commodity, or other property necessary to make delivery thereof, and I hereby agree to be responsible for any loss which SB may sustain thereby and any premiums, interest or other costs which SB may be required to pay as a result of such borrowing, and for any loss or cost which SB may sustain by reason of its inability to borrow the security, commodity, or other property sold.

I agree that if I utilize your services to receive or issue funds by wire (wire transfers), I am responsible for the issuance of accurate and complete instructions in relation to said wire transfers and I will hold you harmless from all liabilities if I fail to fulfill this responsibility.  I further agree that should I incur a loss in connection with a wire transfer as a result of negligence or other activities on your part, your liability will be limited to the actual amount of the misdirected or misapplied funds and no other damages of any other nature Including consequential damages will be recoverable.

You may charge my account(s) with such usual and customary charges as you may determine to cover your services and facilities, including, but not limited to, custody, transaction and termination fees.  In addition, you may charge an inactivity fee which once charged, shall be non-refundable.  I will promptly pay SB any deficiency that might arise in my account(s).  I understand and agree that a finance charge may be charged on any debit balance in any cash account I have with SB in accordance with the terms described in the SB literature previously provided to me and any subsequent modifications thereto which will be provided to me.  You may transfer excess funds between any of my accounts (including commodity accounts) for any reason not in conflict with the Commodity Exchange Act or any other applicable law, if any transactions are effected on an exchange in which a foreign currency is used, any profit or loss as a result of a fluctuation in the exchange rate will be charged or credited to my account(s).

4.  Communications may be sent to the mailing address on file with you, or at such other address as I may hereafter give in writing, and all communications so sent, whether by mail, telegraph, messenger or otherwise, shall be deemed given to me personally, whether actually received or not.  I acknowledge that the rules of the Securities and Exchange Commission require that certain communications be sent to me rather than an agent acting on my behalf.  I warrant that the address currently on file with you is an address where I personally receive communications unless it is the address of a qualified custodian as defined by the Securities and Exchange Commission.  Transactions entered into for my account(s) shall be confirmed in writing to me where required by applicable law or regulation.  In addition, SB shall provide me with periodic statements reflecting activity in such account(s).  I agree that transactions reflected on such confirmations and statements shall be conclusively deemed accurate as stated unless I notify SB in writing within three (3) days and ten (10) days of receipt, respectively, that the information contained in such confirmation or statement is inaccurate.  Such notice must be sent by me to SB by telegram or letter directed to the attention of the Branch Office Manager of the office servicing the account.  Failure to so notify SB shall also preclude me from asserting at any later date that such transaction was unauthorized.

I authorize you at your discretion to obtain reports and to provide information to others concerning my credit standing and my business conduct.  You may ask credit reporting agencies for consumer reports of my credit history.  Upon my request you will inform me whether you have obtained any such consumer reports and if you have, you will inform me of the name and address of the consumer reporting agency that furnished the reports to you.

5.  I hereby represent that I am of the age of majority.  Unless I advise you to the contrary, in writing, and provide you with a letter of approval from my employer, where required, I represent that I am not an employee of any exchange, or of any corporation of which any exchange owns a majority of the capital stock, or of a member of any exchange, or of a member firm or member corporation registered on any exchange, or of any corporation, firm or individual engaged in the business of dealing, either as a broker or as principal, in securities, bills of exchange, acceptances or other forms of commercial paper.  I further represent that no one except those signing this agreement has an interest in my account.

If my account has been introduced to you and is carried by you only as a clearing broker, I agree that you are not responsible for the conduct of the introducing broker and your only responsibilities to me relate to the execution, clearing and bookkeeping of transactions in my accounts.

6.  Arbitration

•  Arbitration is final and binding on the parties.

•  The parties are waiving their right to seek remedies in court, including the right to jury trial.

•  Pre-arbitration discovery is generally more limited than and different from court proceedings.

•  The arbitrators’ award is not required to include factual findings or legal reasoning, and any party’s right to appeal or to seek modification of rulings by the arbitrators is strictly limited.

•  The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities Industry.

I agree that all claims or controversies, whether such claims or controversies arose prior, on or subsequent to the date hereof, between me and SB and/or any of its present or former officers, directors, or employees concerning or arising from (i) any account maintained by me with SB Individually or jointly with others in any capacity; (ii) any transaction Involving SB or any predecessor firms by merger, acquisition or other business combination and me,

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whether or not such transaction occurred in such account or accounts; or (III) the construction, performance or breach of this or any other agreement between us, any duty arising from the business of SB or otherwise, shall be determined by arbitration before, and only before, any self-regulatory organization or exchange of which SB is a member.  I may elect which of these arbitration forums shall hear the matter by sending a registered letter or telegram addressed to Smith Barney at 77 Water Street, New York, N.Y. 10005, Attn: Law Department.  If I fail to make such election before the expiration of five (5) days after receipt of a written request from SB to make such election, SB shall have the right to choose the forum.

No person shall bring a putative or certified class action to arbitration, nor seek to enforce any pre-dispute arbitration agreement against any person who has initiated in court a putative class action; or who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (i) the class certification is denied; (ii) the class is decertified; or (iii) the customer is excluded from the class by the court.

Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein.

7.  The provisions of this Agreement shall be continuous, shall cover individually and collectively all accounts which I may open or reopen with SB, and shall inure to the benefit of SB’s present organization, and any successor organization or assigns; and shall be binding upon my heirs, executors, administrators, assigns or successors in interest.  Should any term or provision of this Agreement be deemed or held to be invalid or unenforceable, the remaining terms and provisions shall continue in full force and effect.  Except for statutes of limitation applicable to claims, this Agreement and all the terms herein shall be governed and construed in accordance with the laws of the State of New York without giving effect to principles of conflict of laws.  The statute of limitations applicable to any claim shall be that which would be applied by the courts of the state in which I reside.

8.  I understand that you may in your sole discretion prohibit or restrict trading of securities or substitution of securities in any of my accounts.  You have the right to terminate any of my accounts (including multiple owner accounts) at any time by notice to me.  The provisions of this agreement shall survive the termination of any account.

9.  Your failure to insist at any time upon strict compliance with any term of this Agreement, or any delay or failure on your part to exercise any power or right given to you in this Agreement, or a continued course of such conduct on your part shall at no time operate as a waiver of such power or right, nor shall any single or partial exercise preclude any other further exercise.  All rights and remedies given to you in this Agreement are cumulative and not exclusive of any other rights or remedies which you otherwise have.

10.  I understand that SB shall not be liable for loss caused directly or indirectly by government restrictions, exchange or market rulings, suspension of trading, war, terrorist acts, strikes or other conditions, commonly known as “acts of God,” beyond SB’s control.

11.  From time to time you may at your discretion, make loans to me for a purpose other than purchasing, carrying or trading in securities (“Express Credit Loans”).  Express Credit Loans will be made in a nonsecurities credit account (“Express Credit Account”).  The minimum and maximum amount of any particular loan may be established by you in your discretion regardless of the amount of collateral delivered to you and you may change such minimum and maximum amounts from time to time.

I agree not to use the proceeds of any Express Credit Loan to purchase, carry or trade in securities.  I also agree not to use Express Credit Loan proceeds directly or Indirectly to repay other debt that I incur for the purpose of purchasing, carrying or trading in securities.

12.  If I have designated another individual to receive my communications from you pursuant to the Alternate Mail Instruction on Page 1, I agree that the instruction is applicable to all communications including but not limited to proxies, prospectuses, confirmations and statements of account.  In consideration of your accepting and acting upon that instruction, I agree that all such communications shall be deemed for all purposes to have been personally received by me on the date indicated in such communication.  I further agree to indemnify and hold harmless you, your officers, directors and employees from any and all liabilities arising from your compliance with these instructions and I hereby specifically waive any claims arising from my election to not promptly review transactions posted to my account.

Additional Terms for Multiple Party Accounts

Paragraphs 13 through 15 apply only to multiple party accounts.

13.  If this is a multiple party account, In consideration of you and your successors carrying a multiple party account on margin or otherwise for the undersigned, each of us agrees to be jointly and severally liable for said account and to pay on demand any debit balance or losses at any time due in this account.  Any of us has full power and authority to make purchases and sales, including short sales, to withdraw monies and securities from, or to do anything else with reference to our account, either individually or in our joint names, and you and your successors are authorized and directed to act upon instructions received from any of us and to accept payment and securities from any of us for the credit of this account.  Notwithstanding the ability of each of us to control the account individually, we understand and agree that you may, at your sole option, require written instructions signed by all account owners when payments or transfers are requested.  Any and all notices, communications, or any demands for margin sent to any of us shall be binding upon all, and may be given by mail or other means of communication.  We hereby declare this account to be a joint tenancy with rights of survivorship unless we instruct you to establish another form of multiple ownership by executing a tenancy in common agreement, community property agreement, partnership agreement or other applicable agreement evidencing the desired form of ownership.

14. Each of us agrees to hold SB harmless from and indemnify SB against any losses, causes of action, damages and expenses arising from or as the result of SB following the instructions of either or any of us.  SB, in its sole discretion, may at any time suspend all activity in the multiple party account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the multiple party account or the property therein be in writing signed by both or all of us.  SB shall be entitled to recover from the account or from any of us prior to distribution of the funds or properly therein such costs as it may incur, including reasonable attorney’s fees, as the result of any dispute between or among us relating to or arising from the account.

15. Each of us agrees that, in the event of the death of either or any of us, the survivor or survivors shall immediately give you written notice thereof, and you may, before or after receiving such notice, take such actions, require such papers, inheritance or estate tax waivers, retain such portion of the account and restrict transactions in the account as you may deem advisable to protect you against any tax, liability, penalty or loss under any present or future laws or otherwise.  The estate of either or any of us who shall have died shall be liable and each survivor shall continue liable, jointly and severally, to you for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by you of the written notice of the death of the decedent, or incurred in the liquidation of the account or the adjustment of the interests of the respective parties.

If this account contains rights of survivorship, in the event of the death of either or any of US, all assets in the account shall pass to and be vested in the survivor or survivors on the same terms and conditions as previously held, without in any manner releasing the decedent’s estate from the liabilities provided for herein.  The estate of the decedent(s) and the survivors hereby jointly and severally agree to fully indemnify and hold harmless SB from all liability for any taxes which may be owed in connection therewith or any claims by third parties.

Margin Agreement

Paragraphs 16 through 18 apply only to Margin Accounts

16. You are hereby authorized, without notice to me, and without regard as to whether or not you have in your possession or under your control at the time thereof other property of the same kind and amount, to pledge, repledge, hypothecate or rehypothecate my property or any part thereof, either separately or together with other property of other clients, either for the amount due you from me or for a greater sum.

17. I agree to pay ON DEMAND any balance owing with respect to any of my accounts, including interest and commissions and any costs of collection (including attorney’s fees, if incurred by you).  I understand that you may demand full payment of the balance due in my account plus any interest charges accrued thereon, at your sole option, at any time without cause and whether or not such demand is made for your protection.  I understand that all loans made are not for any specific term or duration but are due and payable at your discretion upon a demand for payment made to me.  I agree that all payments received for my account(s) including interest, dividends, premiums, principal or other payments may be applied by you to any balances due in my account(s).  If I maintain both a cash and a margin account with you, you are authorized in your discretion to utilize the equity in either type of account in satisfaction of any maintenance margin requirement without the actual transference of funds or securities between such accounts.

Whenever you deem it necessary or appropriate for your protection, you are authorized, in your sole discretion, to sell, assign, transfer and deliver all or any part of my property which may be in your possession or control in any manner you deem appropriate, make any necessary purchases to cover short sales and/or any open commodity contract positions and/or to cancel any outstanding orders in order to close out the account.  Without limiting the generality of the foregoing, such sale, purchase or cancellation may be made, in your sole discretion, on the exchange or other market where such business is then usually transacted, at public auction or at private sale without advertising the same.  All of the above may be done without demand for margin or notice of purchase, sale or cancellation to me.  No demand for margin, or notice given to me of intent to purchase or sell property or to cancel orders in my account, shall impose on you any obligation to make such demand or provide such notice to me.  Any such notice or demand is hereby expressly waived, and no specific demand or notice shall invalidate this waiver.  After deducting all costs and expenses of the purchase and/or sale and deliveries, including, but not limited to, commissions and transfer and stamp taxes, you shall apply the residue of the proceeds to the payment of any and all of my liabilities to you, and I shall remain liable for any deficiency.  Upon any such sale, you may purchase the whole or any part thereof free from any right of redemption.  In the event of my death or incompetency, the authority given by this Paragraph shall continue effective and shall be binding upon my personal representatives and heirs.

18.  I will at all times maintain such margin for my account maintained by SB, as SB may require from time to time, and any debit balances arising in such account shall be charged interest in accordance with the terms described in the SB literature previously provided to me and any subsequent modifications thereto which will be provided to me.  I am aware that interest charges , if not paid, will be added to the debit balance in my account for the next interest period.  I am aware and agree that you may impose, for my account(s), margin requirements more stringent than those required by law or exchange regulations.  I further understand and agree that such margin requirements may be changed and modified by you from time to time without prior notice to me.  I further agree that any waiver by you or failure to promptly enforce, as to my account or that of others, such margin requirements shall not in any way prevent you from subsequently enforcing said margin requirements with regard to my account.

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EX-3

Exhibit 3

During the past sixty days, Crescent purchased a total of 75,800 shares of Common Stock on the dates and at the prices set forth below.

Date of purchase	Number of shares purchased	Price per share
1/21/2004	2,000	$	30.50
1/21/2004	1,000	$	30.45
1/15/2004	2,000	$	30.275
1/13/2004	4,000	$	30.320
1/12/2004	6,000	$	30.483
1/8/2004	1,000	$	30.150
1/7/2004	4,000	$	30.188
1/6/2004	2,000	$	30.500
1/5/2004	3,000	$	30.391
12/24/2003	3,000	$	30.650
12/23/2003	2,000	$	30.500
12/10/2003	5,000	$	30.788
12/9/2003	14,200	$	30.799
12/8/2003	10,000	$	30.783
12/5/2003	100	$	30.500
11/26/2003	5,500	$	30.199
11/25/2003	11,000	$	29.990

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JOINT FILING AGREEMENT

Dated as of January 22, 2004

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing of Crescent Capital VI, L.L.C. and Jeffery D. Gow on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to shares of Common Stock, par value $.01 per share, of FirstBank NW Corp., and that this Agreement be included as an Exhibit to such joint filing.  This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 22nd day of January 2004.

Crescent Capital VI, L.L.C.
By	/s/ Jeffery D. Gow
Name:  Jeffery D. Gow
Title:  Managing Member
/s/ Jeffery D. Gow
Jeffery D. Gow

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