QUALIFICATIONS OF THE APPRAISER

ROY N. METZGER, CBA
STATE CERTIFIED GENERAL APPRAISER C000914; Expiration November 30, 2009

EDUCATION AND TRAINING
Certified by the Institute of Business Appraisers as Certified Business Appraiser 
Financial Management Diploma - University Of Wisconsin (BAI School)
Northwest Intermediate Banking School in Operation & Lending - Lewis & Clark College
Arthur Andersen San Francisco Junior Accountant to complete CPA requirements 1975
Graduate work School of Business for MBA - Leland Stanford Junior University 1975
Degrees in Accounting (AA / BA) - Oregon Institute of Technology 1973

CONTINUING EDUCATION –NASBA CPE
American College of Appraisal:
Residential Case Studies and Narrative Report Writing - 2005                 
Uniform Standards of Professional Appraisal Practices - 2004               
Real Estate Appraisal Basic and Income Property – 2004
Institute of Business Appraisers:                   
Fractional Interest Premiums and Discounts - 2004                                    
Forecasting Net Cash Flow – 2004
Appraising Closely Held Business Workshop - 1997                   
Valuing Mid-sized and Smaller Business – 1996                           
Oregon Society of Certified Public Accountants
Real Estate Construction
Uniform Standards of Professional Appraisal Practices:  
Uniform Standards of Professional Appraisal Practices – 1995 thru 2007             
Seminars:
The Oregon Society of CPA, on Construction Financial Management and Tax Updates Oregon, Federal and Washington
American Society of Appraisers
The Institute of Business Appraisers

PROFESSIONAL EXPERIENCE
Associate / Appraisal Assistant at Marineau and Associates 6/04 to present
Controller / CFO - Construction Contractor 8/99 to 10/03
VP Commercial Business Loan Officer – US Bank 6/95 to 10/98
Business and Equipment Appraiser / Consultant – Metzger Consulting 5/92 to present
VP Controller & CFO - Security Bank Holding Company 8/89 to 4/92
Profitability Analyst - Western Bank of Oregon 10/81 to 5/89
Operations Manager of Western Bank's largest branch 6/77 to 10/81
Roy Metzger CPA 6/75 to 81 (CA inactive) prior Arthur Anderson

PROFESSIONAL PAPERS AND RESEARCH
Asset / Liability Management Policy - BAI School / UW Madison, Madison, Wisconsin
Non - Interest Expenses Control - BAI School / UW Madison, Madison, Wisconsin
Residential Real Estate Mortgage Loans as Security of the Future - OIT and Stanford University
Management's Control of Cash - OIT Klamath Falls, Oregon
Other publications on cost accounting, and USPAP - business valuation / analysis; classes taught, and seminars

Consulting engagements from April 1992 to present
Financial Management & Accounting                                            Manufacture, Construction, and Service
Business Plan Writing and Monitoring                                          Manufacture, Construction, and Service
Business Valuation and Damage Assessment                               Manufacture, Construction, and Service
Liquidation of Assets                                                                 Loan Packaging SBA        
Cost Accounting                                                                       Manufacture, Construction, and Service
Break Even Analysis                                                                  Manufacture, Construction, and Service
Forecasting                                                                              Manufacture, Construction, and Service
Budgeting                                                                                Manufacture, Construction, and Service
11/07

Appraisal Experience – business valuation and equipment appraisal
Industrial:        Wood products, manufacturing plants, Warehouses, Ship yards, Seafood processing plants, Log yards, bulb and orchid plants, Special Effects / Gaffers Movie business etc  
Commercial:    Retail store buildings, Office buildings, Restaurants, Service stations, Supermarkets, Shopping centers, etc.
Special Purpose:  Recreational vehicle parks, Ranch and farm land, Subdivisions, etc

PROFESSIONAL AFFILIATIONS / CERTIFICATIONS
Oregon State Certified General Appraiser C000914; Expiration November 30, 2009
The Oregon Society of Certified Public Accountants (15473)
Oregon Society of Tax Consultants (93-1251)
American Society of Appraisers (11544)
The Institute of Business Appraisers (6723-01)

REPRESENTATIVE LIST OF APPRAISAL/CONSULTATION CLIENTS

Court Appearances
District Court - Coos and Curry County         Federal Bankruptcy Court - Eugene
Circuit Court - Coos, and Curry County         IRS – US Department of Treasury
US Department of Justice
Corporate Clients 
Weyerhaeuser Corporation                          Laskey-Clifton Corporation
Georgia Pacific Corporation                          HE, Incorporated
South Coast Office Supply                           Chevron Corporation
Financial Clients
Wells Fargo Bank                                        Security Bank Holding Company
U.S. Bancorp                                              Chetco Federal Credit Union
Bank of America                                          Sterling Bank was (WAMU and Western Bank)
Klamath First Federal                                   Siuslaw Valley Bank
Public Clients and Institutions
City of Coos Bay                                         U. S. Bureau of Land Management
City of North Bend                                      City of Florence
State of Oregon                                          Federal Deposit & Insurance Corp. (FDIC)
Oregon State University                               U. S. Small Business Administration
City of Florence                                           Port of Bookings
IRS – US Department of Treasury