midfirstprivatebank.com Private Invitation For select clientele, a higher level of financial service and personalized attention is required. MidFirst Private Bank clients enjoy an invitation extended to a select few. It is our privilege to extend this invitation to you. MidFirst Private Bank clients enjoy an invitation extended to a select few. It is our privilege to extend this invitation to you.

midfirstprivatebank.com Who We Are MidFirst occupies a rare position within the banking industry. We are one of the largest privately owned banks in the United States. The combination of size and private ownership provides our clients with a special brand of financial services. We are able to compete effectively with larger financial institutions in terms of services and products while offering clients a community bank experience that reflects pride of ownership. Family owned since inception One of the largest privately owned banks in the United States Headquartered in Oklahoma City, OK Full range of private banking, trust, portfolio management, commercial, personal banking, and mortgage banking products and services

midfirstprivatebank.com As one of the largest privately held financial institutions in the United States, MidFirst Bank is well-capitalized with a diversified asset portfolio. MidFirst Bank Financial Information

MidFirst Bank 2012 Market Forecast

midfirstprivatebank.com Looking back on 2011 Whether it was the BRIC markets, or Italy of late, many saw declines of 20% or more. Compare that with global GDP 3.8% in 2011, then world equity markets underperformed. It is rare for global growth to be so strong and have equity markets be so weak.

midfirstprivatebank.com Looking back on 2011 One of the most difficult markets to invest in recent memory. While the S&P was flat for the year, it was one of the best markets to invest in. Unless you were a firm believer in Mongolia (up 45%), or Indonesia and the Philippines (modest gains). Excluding the U.S., global stock markets returned - 14% in 2011.

midfirstprivatebank.com Looking back on 2011 We had the tragic earthquake in Japan and the significant disruptions to many industries. And, we had the global obsession with all matters European Union. We had the downgrade of US Debt in late summer. Currently, we have Iranian missile tests and ongoing threats of attacks in the strait of Hormuz. Plus, president Ahmadinejad states he will wipe out Israel with a nuclear weapon.

midfirstprivatebank.com Looking back on 2011 Oil ending the year at the high for the year (inflationary). The U.S. dollar strengthened markedly against the Euro over the past few months. More companies have issued negative guidance recently than at any other time over the past year (over 2 -1 negative). Yet, most companies are making record profits (net margin).

midfirstprivatebank.com 2012 Market Forecast 3 Overriding Themes for 2012 Domestically consumer savings have improved and banks have been recapitalized, but globally, banks must deleverage balance sheets while governments must address fiscal imbalances.

midfirstprivatebank.com 2012 Market Forecast Secondly, political leadership is at a crossroads not only in the United States, but also in France, India, Iran, Korea, Russia, Taiwan and China

midfirstprivatebank.com 2012 Market Forecast And third, never before have the economic fundamentals and market valuations become so dependent on the wisdom of policy choices and the politicians who make them.

midfirstprivatebank.com Global Deleveraging The multi-tiered deleveraging process will continue to have a dampening effect on global growth prospects. In the U.S., consumer debt has declined by about $690 billion dollars over the past 3 years. And, personal incomes have risen while borrowing costs have declined.

midfirstprivatebank.com Global Deleveraging We believe unemployment will trend lower over the course of the year. Yet, we sense the current caution on the part of employers suggest both payroll and salary gains will be limited.

midfirstprivatebank.com Global Deleveraging Due to the necessary deleveraging the European banks must have, we anticipate a recession in Europe. But, if the deleveraging process accelerates (more funding problems) the recession could be deeper and more severe than we forecast.

midfirstprivatebank.com 2012 Political Landscape One of the most striking events of 2011 was the magnitude of the political leadership changes in the middle east and Africa. We saw regime changes in Tunisia, Egypt, Libya and Yemen. We saw both Greek and Italian Prime Ministers step down, while voters in Spain swept the governing powers from office.

midfirstprivatebank.com 2012 Political Landscape Political battles loom in the United States, France, India, Iran, Korea, Russia, Taiwan coupled with a leadership transition in China. Be aware that these countries represent close to 50% of the world’s GDP.

midfirstprivatebank.com 2012 Political Landscape January 1– EU: Denmark assumes presidency of the European Council January- Egypt, Taiwan, Finland February- Greece March-Russia and Iran April-South Korea and France May-Algeria

midfirstprivatebank.com 2012 Political Landscape June- Egypt and France, plus the G20 summit in Los Cabos July 1: EU Cyprus assumes presidency of the European Council. July-Mexico and India September-Hong Kong October-Ukraine and China November-United States December-Kazakhstan, South Korea and Venezuela

midfirstprivatebank.com 2012 Strategy Major firms differ greatly on the domestic market outlook. Negative-Morgan Stanley, UBS Positive-Citigroup, Goldman Sachs Consensus forecast 2% GDP

midfirstprivatebank.com 2012 Strategy As you counsel your clients, remember these truths: Have a plan, follow that plan. Income matters. Capital preservation matters. Taxes are second biggest threat to the above. Inflation is the biggest threat.

midfirstprivatebank.com 2012 Strategy Can you articulate the details of your plan to your clients? Do you have conviction in your plan? Do you know your portfolio managers? Truly, do you really know them??? Are they bringing value to your clients?

midfirstprivatebank.com 2012 Strategy Get better! Bring more value to your clients…truly serve them. Eat your own cooking. It will make you a better trust officer, attorney, CPA or portfolio manager.