Industry & Services >> Analyst Interviews >> June 11, 2001

Outlook For Global Utilities: Richard Smith – Deutsche Banc Alex. Brown

RICHARD SMITH has been President, Chief Executive Officer, and a Director of Tri Counties Bank and TriCo Bancshares since November 1999. TCB is a community bank founded 20 years ago that has grown from an initial $1 million investment to $630 million in assets by predominately serving rural communities throughout Northern California. Mr. Smith joined the Bank in 1993 as Vice President- Supermarket Banking. In 1994, he served as Vice President and Chief Information Officer of the Bank. He then became Senior Vice President ' Customer/Employee Support and Control in 1995 and became Executive Vice President in the same capacity in October 1997. Mr. Smith then advanced to President and Chief Operating Officer of the Bank in September 1998. Profile
TWST: What is the current state of affairs for global utilities and what

are your expectations for the group in general, looking out over 12 or

18 months?

Mr. Smith: In terms of our coverage,