U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

(Mark One)

[X]  Annual report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934

For fiscal year ended DECEMBER 31, 2002
                      -----------------

[ ]  Transition report under Section 13 or 15(d) of the Securities Exchange
     Act of 1934

     For the transition period from ______________to _______________

     Commission file number

                       WEST METRO FINANCIAL SERVICES, INC.
                       -----------------------------------
                 (Name of small business issuer in its charter)

                 GEORGIA                                        58-2643181
      ------------------------------                          ---------------
     (State or other jurisdiction of                         (I.R.S. Employer
     incorporation or organization)                         Identification No.)

     2242 MARIETTA HIGHWAY, DALLAS, GEORGIA                       30157
-------------------------------------------                      --------
      (Address of Principal Executive Offices)                  (Zip Code)

Securities registered pursuant to Section 12(b) of the Act:  NONE.

Securities registered pursuant to Section 12(g) of the Act:  NONE.

Check whether the issuer:  (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 12 months (or for such shorter
period  that  registrant  was  required  to file such reports), and (2) has been
subject  to  such  filing  requirements  for past 90 days.  Yes  X    No
                                                                ---      ---

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  is  not  contained  in  this  form,  and  no disclosure will be
contained,  to  the  best  of  registrant's  knowledge, in definitive proxy or a
information statements incorporated by reference in Part III of this Form 10-KSB
or  any  amendment  to  this  Form  10-KSB. [X]

State issuer's revenues for its most recent fiscal year:  $1,887,696
                                                          ----------

State the aggregate market value of the voting and non-voting common equity held
by  non-affiliates  computed  by  reference  to the price at which the stock was
sold,  or  the  average  bid  and  asked  prices  of such common equity, as of a
specified  date  within  the  past  60  days:  $10.33
                                               ------

                    APPLICABLE ONLY TO CORPORATE REGISTRANTS

     State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date.  1,200,000 AS OF  MARCH 10,
                                                   --------------------------
2003
----

                       DOCUMENTS INCORPORATED BY REFERENCE
NONE.

     Transitional Small Business Disclosure format (check one):  Yes     No  X
                                                                     ---    ---


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<TABLE>
<CAPTION>
                                TABLE OF CONTENTS
                                                                                  PAGE
                                                                                 NUMBER
<S>                                                                              <C>
PART I    . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   3

  ITEM 1.   DESCRIPTION OF BUSINESS . . . . . . . . . . . . . . . . . . . . . . . .   3

  ITEM 2.   DESCRIPTION OF PROPERTIES . . . . . . . . . . . . . . . . . . . . . . .  18

  ITEM 3.   LEGAL PROCEEDINGS . . . . . . . . . . . . . . . . . . . . . . . . . . .  18

  ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS . . . . . . . . . .  19

PART II   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  19

  ITEM 5.   MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS .  19

  ITEM 7.   FINANCIAL STATEMENTS. . . . . . . . . . . . . . . . . . . . . . . . . .  30

  ITEM 8.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
            FINANCIAL DISCLOSURE. . . . . . . . . . . . . . . . . . . . . . . . . .  30

PART III  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  30

  ITEM 9.   DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
            COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT . . . . . . . . . . .  30

  ITEM 10.  EXECUTIVE COMPENSATION. . . . . . . . . . . . . . . . . . . . . . . . .  32

  ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT. . . . .  34

  ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS. . . . . . . . . . . . .  35

  ITEM 13.  EXHIBITS, LISTS AND REPORTS ON FORM 10-KSB. . . . . . . . . . . . . . .  37

  ITEM 14.  CONTROLS AND PROCEDURES . . . . . . . . . . . . . . . . . . . . . . . .  37
</TABLE>


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                                     PART I


ITEM 1.     DESCRIPTION OF BUSINESS

             CAUTIONARY NOTICE REGARDING FORWARD-LOOKING STATEMENTS

     Various matters discussed in this Annual Report on Form 10-KSB may
constitute "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act.  Forward-looking statements may involve known
and unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of West Metro Financial Services, Inc. (the
"Company") or First National Bank West Metro ("FNB West Metro" or the "Bank") to
be materially different from the results described in such forward-looking
statements.

     Actual results may differ materially from the results anticipated in these
forward-looking statements due to a variety of factors, including, without
limitation:

     -    The inability of the Bank to achieve and maintain regulatory capital
          standards;

     -    Changes in the legislative and regulatory environment;

     -    The effects of changes in interest rates on the level and composition
          of deposits, loan demand, the value of loan collateral, and interest
          rate risks; and

     -    The effects of competition from commercial banks, thrifts, consumer
          finance companies, and other financial institutions operating in our
          market area and elsewhere.

     All forward-looking statements attributable to the Company or the Bank are
expressly qualified in their entirety by these cautionary statements.  Both the
Company and the Bank disclaim any intent or obligation to update these
forward-looking statements, whether as a result of new information, future
events or otherwise.

                       WEST METRO FINANCIAL SERVICES, INC.

     The Company is a Georgia corporation that was incorporated on May 9, 2001
to organize and serve as the holding company for FNB West Metro, a national
bank.  The Bank operates as a community bank emphasizing prompt, personalized
customer service to the individuals and businesses located in Paulding and
Douglas Counties in Georgia, including the cities of Dallas, Hiram and
Douglasville.

     The Company was organized because we believe it provides flexibility that
would otherwise not be available to the Bank.  For example, the holding company
structure makes it easier to raise capital for the Bank because the Company is
able to issue securities without the need for prior banking regulatory approval,
and the proceeds of debt securities issued by the Company can be invested in the
Bank as primary capital.


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<PAGE>
                                 FNB WEST METRO

GENERAL

     The Bank operates as a full-service commercial bank.  The Bank offers
personal and business checking accounts, money market accounts, savings accounts
and various certificates of deposit and individual retirement accounts.  The
Bank also offers commercial, real estate, installment and other consumer loans.
The Bank's real estate loans include commercial real estate, construction and
development and residential real estate loans.  In addition, the Bank provides
such services as cashier's checks, traveler's checks, banking by mail, direct
deposit and U.S. Savings Bonds.  The Bank also offers Mastercard(R) and Visa(R)
credit card services through a correspondent bank as an agent and offers debit
cards that feature ATM access.

PHILOSOPHY

     We emphasize prompt, personalized customer service.  Through our localized
management and ownership we believe we are uniquely situated to provide
responsive service and quality financial products that are tailored to meet the
needs of the individuals and small- to medium-sized businesses located
throughout Paulding and Douglas Counties, as well as the western part of Cobb
County.  We believe that local ownership and control allows the Bank to serve
its customers more efficiently, helping us to grow both our deposit base and
loan portfolio.  All of the Bank's strategies are based on the philosophy of
"The Customer Comes First."  We have adopted this philosophy in order to attract
customers and acquire market share now controlled by other financial
institutions operating in our market area.

     We believe that it is important for Paulding County to have a locally owned
and locally managed community bank that is sensitive and responsive to the needs
of the community.  Further, we believe that there is an opportunity for the Bank
to acquire significant market share by capitalizing on its position as the only
independent community bank in Paulding County and offering an alternative to the
impersonal service that we believe is offered by many larger banks.

MARKET OPPORTUNITIES

     PRIMARY SERVICE AREA.  The Bank's primary service area is Paulding and
Douglas Counties in Georgia, including the cities of Dallas, Hiram and
Douglasville.  The Bank draws most of its customer deposits and conducts most of
its lending transactions from and within its primary service area.  In addition,
we attract significant business from the western part of Cobb County.

     The primary service area represents a diverse market with a growing
population and economy.  The attractive suburban neighborhoods of Dallas and
Hiram have evolved into classic "bedroom communities" for people who work in
Cobb County and the Atlanta metropolitan area.  In addition, Paulding and
Douglas Counties' tremendous population growth in recent years has lead to
growth in the local service economy and the organizers expect this trend to
continue.


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     The Bank competes with other commercial banks, savings and loan
associations, credit unions, money market mutual funds and other financial
institutions conducting business in the Paulding and Douglas County markets and
elsewhere.  Many of the Bank's competitors have equal or greater financial or
banking related resources than the Company and the Bank.  According to
information provided by the FDIC, as of June 30, 2002, the Paulding and Douglas
County area was served by 16 banking and savings institutions with 46 offices.
These competitors offer the same or similar products and services as the Bank.
Currently, the Bank's three largest competitors in terms of market share are
Regions Bank, Douglas County Bank and Community Trust Bank.

LENDING  SERVICES

     LENDING POLICY.  We place a primary emphasis on real estate related loans
in order to take advantage of the population growth in our primary service area.
We also offer a full range of lending products, including commercial loans to
small- to medium-sized businesses and professional concerns, and consumer loans
to individuals.  We compete for these loans with competitors who are well
established in the Paulding County area and have greater resources and lending
limits.

     The Bank's loan portfolio is comprised of the following:

          LOAN CATEGORY                                    RATIO
          -------------                                    -----

          Real estate related loans . . . . . . . . . . .  94.0%
          Commercial loans. . . . . . . . . . . . . . . .   4.0%
          Consumer loans. . . . . . . . . . . . . . . . .   2.0%

     LOAN APPROVAL AND REVIEW.  The Bank's loan approval policies provide for
various levels of officer lending authority.  When the amount of total loans to
a single borrower exceeds that individual officer's lending authority, an
officer with a higher lending limit or the Bank's Loan Committee determines
whether to approve the loan request.  The Bank does not make any loans to any of
its directors or executive officers unless its board of directors, excluding the
interested party, first approves the loan, and the terms of the loan are no more
favorable than would be available to any comparable borrower.

     LENDING LIMITS.  The Bank's lending activities are subject to a variety of
lending limits imposed by federal law.  Differing limits apply based on the type
of loan or the nature of the borrower, including the borrower's relationship to
the bank.  In general, however, the Bank is able to loan any one borrower a
maximum amount equal to either:

     -    15% of the Bank's capital and surplus; or

     -    25% of its capital and surplus if the amount that exceeds 15% is fully
          secured by readily marketable collateral.

     Our management team has adopted an internal lending limit which will at all
times remain $50,000 lower than the applicable legal limit.  However, based on
either our internal lending limit or our legal lending limit, the Bank sells
participations in its loans to other financial institutions in order to meet all
of the lending needs of our clients requiring extensions of credit above these
limits.  In a participation transaction, the Bank sells the portion of the loan
that exceeds its internal or legal lending limit to an unrelated lender on a
non-recourse basis.  As a result, the participating lender bears all of the risk


                                        5
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of default for the portion of the loan it purchases.  The Bank retains all of
the servicing rights to the loan; therefore, the customer makes all payments to
the Bank, who in turn remits a pro-rata share of the payments to the
participating lender.

     CREDIT RISKS.  The principal economic risk associated with each category of
loans that the Bank makes is the creditworthiness of the borrower.  Borrower
creditworthiness is affected by general economic conditions and the strength of
the relevant business market segment.  General economic factors affecting a
borrower's ability to repay include interest, inflation and employment rates, as
well as other factors affecting a borrower's customers, suppliers and employees.

     The well-established financial institutions in the Paulding and Douglas
County markets make proportionately more loans to medium- to large-sized
businesses than the Bank makes.  Many of the Bank's commercial loans are made to
small- to medium-sized businesses that may be less able to withstand
competitive, economic and financial pressures than larger borrowers.

     REAL ESTATE LOANS.  The Bank makes commercial real estate loans,
construction and development loans, and residential real estate loans.  These
loans include commercial loans where the Bank takes a security interest in real
estate out of an abundance of caution and not as the principal collateral for
the loan, but excludes home equity loans, which are classified as consumer
loans.

     -     COMMERCIAL REAL ESTATE.  The Bank's commercial real estate loan terms
are generally limited to five years or less, although payments may be structured
on a longer amortization basis.  Interest rates may be fixed or adjustable,
although rates are typically not fixed for a period exceeding 60 months.  The
Bank generally charges an origination fee of one percent.  We attempt to reduce
credit risk on our commercial real estate loans by emphasizing loans on
owner-occupied office and retail buildings where the ratio of the loan principal
to the value of the collateral as established by independent appraisal does not
exceed 80% and net projected cash flow available for debt service equals 120% of
the debt service requirement.  In addition, the Bank generally requires personal
guarantees from the principal owners of the property supported by a review by
the Bank's management of the principal owners' personal financial statements.
Risks associated with commercial real estate loans include fluctuations in the
value of real estate, new job creation trends, tenant vacancy rates and the
quality of the borrower's management.  The Bank limits its risk by analyzing
borrowers' cash flow and collateral value on an ongoing basis.

     -     CONSTRUCTION AND DEVELOPMENT LOANS.  The Bank makes construction and
development loans both on a pre-sold and speculative basis.  If the borrower has
entered into an agreement to sell the property prior to beginning construction,
then the loan is considered to be on a pre-sold basis.  If the borrower has not
entered into an agreement to sell the property prior to beginning construction,
then the loan is considered to be on a speculative basis.  Construction and
development loans are generally made with a term of six to twelve months and
interest is paid quarterly.  The ratio of the loan principal to the value of the
collateral as established by independent appraisal typically does not exceed
80%.  Speculative loans are based on the borrower's financial strength and cash
flow position.  Loan proceeds are disbursed based on the percentage of
completion and only after the project has been inspected by an experienced
construction lender or independent appraiser.  Risks associated with
construction loans include fluctuations in the value of real estate and new job
creation trends.

     -     RESIDENTIAL REAL ESTATE.  The Bank's residential real estate loans
consist of residential second mortgage loans, residential construction loans and
traditional mortgage lending for one to four family residences.  We originate
and maintain fixed rate mortgages with long-term maturity not exceeding 20 years
and a balloon payment or call feature of three or five years.  The amortization
of second mortgages generally do not exceed 15 years and the rates generally are
not fixed for over 60 months.  All loans are made in accordance with the Bank's
appraisal policy and with the ratio of the loan principal to the value of


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collateral as established by independent appraisal not exceeding 95%. We expect
that these loan-to-value ratios will be sufficient to compensate for
fluctuations in real estate market value and to minimize losses that could
result from a downturn in the residential real estate market.

     COMMERCIAL LOANS.  Loans for commercial purposes in various lines of
businesses are one of the primary components of the Bank's loan portfolio.  The
terms of these loans vary by purpose and by type of underlying collateral, if
any.  The Bank typically makes equipment loans for a term of five years or less
at fixed or variable rates, with the loan fully amortized over the term.
Equipment loans are generally secured by the financed equipment, and the ratio
of the loan principal to the value of the financed equipment or other collateral
is generally 80% or less.  Loans to support working capital typically have terms
not exceeding one year and are usually secured by accounts receivable, inventory
or personal guarantees of the principals of the business.  For loans secured by
accounts receivable or inventory, principal is typically repaid as the assets
securing the loan are converted into cash, and for loans secured with other
types of collateral, principal is typically due at maturity.  The quality of the
commercial borrower's management and its ability both to properly evaluate
changes in the supply and demand characteristics affecting its markets for
products and services and to effectively respond to such changes are significant
factors in a commercial borrower's creditworthiness.

     CONSUMER LOANS.  The Bank makes a variety of loans to individuals for
personal, family and household purposes, including secured and unsecured
installment and term loans, home equity loans and home equity lines of credit.
Consumer loan repayments depend upon the borrower's financial stability and are
more likely to be adversely affected by divorce, job loss, illness and personal
hardships.  Because many consumer loans are secured by depreciable assets such
as boats, cars and trailers the loan should be amortized over the useful life of
the asset.  To minimize the risk that the borrower cannot afford the monthly
payments, all fixed monthly obligations should not exceed 40% of the borrower's
gross monthly income.  The borrower should also be continuously employed for at
least 12 months prior to obtaining the loan.  The loan officer reviews the
borrower's past credit history, past income level, debt history and, when
applicable, cash flow and determine the impact of all these factors on the
ability of the borrower to make future payments as agreed.  Our principal
competitors for consumer loans are the established banks in the Bank's market.

INVESTMENTS

     In addition to loans, the Bank makes other investments primarily in
obligations of the United States or obligations guaranteed as to principal and
interest by the United States and other taxable securities.  No investment in
any of those instruments exceeds any applicable limitation imposed by law or
regulation.  The Loan & Asset/Liability Committee reviews the investment
portfolio on an ongoing basis in order to ensure that the investments conform to
the Bank's policy as set by the board of directors.

ASSET AND LIABILITY MANAGEMENT

     The Loan & Asset/Liability Committee manages the Bank's assets and
liabilities and strives to provide a stable and optimized net interest margin,
adequate liquidity and a profitable after-tax return on assets and return on
equity.  The committee conducts these management functions within the framework
of the Bank's written loan and investment policies.  The committee attempts to
maintain a balanced position between rate sensitive assets and rate sensitive
liabilities. Specifically, it charts assets and liabilities on a matrix by
maturity, effective duration and interest adjustment period and attempt to
manage any gaps in maturity ranges.


                                        7
<PAGE>
DEPOSIT SERVICES

     The Bank seeks to establish a broad base of core deposits, including
savings accounts, checking accounts, money market accounts, a variety of
certificates of deposit and IRA accounts.   To attract deposits, the Bank
employs an aggressive marketing plan in its overall service area and features a
broad product line and competitive rates and services.  The primary sources of
deposits are residents of, and businesses and their employees located in, the
Bank's primary service area.  The Bank obtains these deposits through personal
solicitation by its officers and directors, direct mail solicitations and
advertisements published in the local media.  In order to attract its initial
deposit base, the Bank offers higher interest rates on various deposit accounts.

OTHER BANKING SERVICES

     Other anticipated banking services include limited cash management
services, on-line banking services, discount brokerage services, travelers
checks, direct deposit of payroll and social security checks, courier service,
night depository and debit cards.  The Bank is associated with InterCept.  Our
clients are able to use InterCept's automated teller machines throughout Georgia
and other regions.  However, other financial institutions may charge our
customers for the use of their automated teller machines.  We also offer
MasterCard(R) and VISA(R) credit card services through a correspondent bank as
an agent for the Bank.  The Bank does not exercise trust powers.  In the future,
we may offer a full-service trust department, but cannot do so without the prior
approval of the Office of the Comptroller of the Currency.

                                    EMPLOYEES

     The Bank has 21 full-time equivalent employees.  When we occupy our
permanent facility, we expect that the Bank will have 26 full-time equivalent
employees.  The Company does not have any employees who are not also employees
of the Bank.

                           SUPERVISION AND REGULATION

     Both the Company and the Bank are subject to extensive state and federal
banking regulations that impose restrictions on and provide for general
regulatory oversight of their operations.  These laws are generally intended to
protect depositors and not shareholders.  The following discussion describes the
material elements of the regulatory framework that applies to us.

WEST METRO FINANCIAL SERVICES, INC.

     Since the Company owns all of the capital stock of the Bank, it is a bank
holding company under the federal Bank Holding Company Act of 1956.  As a
result, the Company is primarily subject to the supervision, examination, and
reporting requirements of the Bank Holding Company Act and the regulations of
the Federal Reserve.

     ACQUISITIONS OF BANKS.  The Bank Holding Company Act requires every bank
holding company to obtain the Federal Reserve's prior approval before:

     -    acquiring direct or indirect ownership or control of any voting shares
          of any bank if, after the acquisition, the bank holding company will
          directly or indirectly own or control more than 5% of the bank's
          voting shares;

     -    acquiring all or substantially all of the assets of any bank; or


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     -    merging or consolidating with any other bank holding company.

     Additionally, the Bank Holding Company Act provides that the Federal
Reserve may not approve any of these transactions if it would result in or tend
to create a monopoly or, substantially lessen competition or otherwise function
as a restraint of trade, unless the anti-competitive effects of the proposed
transaction are clearly outweighed by the public interest in meeting the
convenience and needs of the community to be served.  The Federal Reserve is
also required to consider the financial and managerial resources and future
prospects of the bank holding companies and banks concerned and the convenience
and needs of the community to be served.  The Federal Reserve's consideration of
financial resources generally focuses on capital adequacy, which is discussed
below.

     Under the Bank Holding Company Act, if adequately capitalized and
adequately managed, the Company or any other bank holding company located in
Georgia may purchase a bank located outside of Georgia.  Conversely, an
adequately capitalized and adequately managed bank holding company located
outside of Georgia may purchase a bank located inside Georgia.  In each case,
however, restrictions may be placed on the acquisition of a bank that has only
been in existence for a limited amount of time or will result in specified
concentrations of deposits.  For example, Georgia law prohibits a bank holding
company from acquiring control of a financial institution until the target
financial institution has been incorporated for three years.  As a result, no
bank holding company may acquire control of the Company until after the third
anniversary date of the Bank's incorporation.

     CHANGE IN BANK CONTROL.  Subject to various exceptions, the Bank Holding
Company Act and the Change in Bank Control Act, together with related
regulations, require Federal Reserve approval prior to any person or company
acquiring "control" of a bank holding company.  Control is conclusively presumed
to exist if an individual or company acquires 25% or more of any class of voting
securities of the bank holding company.  Control is refutably presumed to exist
if a person or company acquires 10% or more, but less than 25%, of any class of
voting securities and either:

     -    the bank holding company has registered securities under Section 12 of
          the Securities Act of 1934; or
     -    no other person owns a greater percentage of that class of voting
          securities immediately after the transaction.

Our common stock is registered under the Securities Exchange Act of 1934.  The
regulations provide a procedure for challenging any rebuttable presumption of
control.

          PERMITTED ACTIVITIES.  A bank holding company is generally permitted
under the Bank Holding Company Act, to engage in or acquire direct or indirect
control of more than 5% of the voting shares of any company engaged in the
following activities:

     -    Banking or managing or controlling banks; and
     -    Any activity that the Federal Reserve determines to be so closely
          related to banking as to be a proper incident to the business of
          banking.

     Activities that the Federal Reserve has found to be so closely related to
     banking as to be a proper incident to the business of banking include:

     -    Factoring accounts receivable;
     -    Making, acquiring, brokering or servicing loans and usual related
          activities;

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     -    Leasing personal or real property;

     -    Operating a non-bank depository institution, such as a savings
          association;

     -    Trust company functions;

     -    Financial and investment advisory activities;

     -    Conducting discount securities brokerage activities;

     -    Underwriting and dealing in government obligations and money market
          instruments;

     -    Providing specified management consulting and counseling activities;

     -    Performing selected data processing services and support services;

     -    Acting as agent or broker in selling credit life insurance and other
          types of insurance in connection with credit transactions; and

     -    Performing selected insurance underwriting activities.

     Despite prior approval, the Federal Reserve may order a bank holding
company or its subsidiaries to terminate any of these activities or to terminate
its ownership or control of any subsidiary when it has reasonable cause to
believe that the bank holding company's continued ownership, activity or control
constitutes a serious risk to the financial safety, soundness, or stability of
it or any of its bank subsidiaries.

     In addition to the permissible bank holding company activities listed
above, a bank holding company may qualify and elect to become a financial
holding company, permitting the bank holding company to engage in additional
activities that are financial in nature or incidental or complementary to
financial activity.  The Bank Holding Company Act expressly lists the following
activities as financial in nature:

     -    Lending, trust and other banking activities;

     -    Insuring, guaranteeing, or indemnifying against loss or harm, or
          providing and issuing annuities, and acting as principal, agent, or
          broker for these purposes, in any state;

     -    Providing financial, investment, or advisory services;

     -    Issuing or selling instruments representing interests in pools of
          assets permissible for a bank to hold directly;

     -    Underwriting, dealing in or making a market in securities;

     -    Other activities that the Federal Reserve may determine to be so
          closely related to banking or managing or controlling banks as to be a
          proper incident to managing or controlling banks;

     -    Foreign activities permitted outside of the United States if the
          Federal Reserve has determined them to be usual in connection with
          banking operations abroad;

     -    Merchant banking through securities or insurance affiliates; and

     -    Insurance company portfolio investments.

     To qualify to become a financial holding company, the Bank and any other
depository institution subsidiary of the Company must be well capitalized and
well managed and must have a Community Reinvestment Act rating of at least
"satisfactory."  Additionally, the Company must file an election with the
Federal Reserve to become a financial holding company and must provide the
Federal Reserve with 30 days' written notice prior to engaging in a permitted
financial activity. While the Company meets the qualification standards


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applicable to financial holding companies, the Company has not elected to become
a financial holding company at this time.

     SUPPORT OF SUBSIDIARY INSTITUTIONS.  Under Federal Reserve policy, the
Company is expected to act as a source of financial strength for the Bank and to
commit resources to support the Bank.  This support may be required at times
when, without this Federal Reserve policy, the Company might not be inclined to
provide it.  In addition, any capital loans made by the Company to the Bank will
be repaid only after its deposits and various other obligations are repaid in
full.  In the unlikely event of the Company's bankruptcy, any commitment by it
to a federal bank regulatory agency to maintain the capital of the Bank will be
assumed by the bankruptcy trustee and entitled to a priority of payment.

FIRST NATIONAL BANK WEST METRO

     Since the Bank is chartered as a national bank, it is primarily subject to
the supervision, examination and reporting requirements of the National Bank Act
and the regulations of the Office of the Comptroller of the Currency.  The
Office of the Comptroller of the Currency regularly examines the Bank's
operations and has the authority to approve or disapprove mergers, the
establishment of branches and similar corporate actions.  The Office of the
Comptroller of the Currency also has the power to prevent the continuance or
development of unsafe or unsound banking practices or other violations of law.
Additionally, the Bank's deposits are insured by the FDIC to the maximum extent
provided by law.  The Bank is also subject to numerous state and federal
statutes and regulations that affect its business, activities and operations.

     BRANCHING.  National banks are required by the National Bank Act to adhere
to branching laws applicable to state banks in the states in which they are
located.  Under current Georgia law, the Bank may open branch offices throughout
Georgia with the prior approval of the Office of the Comptroller of the
Currency.  In addition, with prior regulatory approval, the Bank may acquire
branches of existing banks located in Georgia.  The Bank and any other national
or state-chartered bank generally may branch across state lines by merging with
banks in other states if allowed by the applicable states' laws.  Georgia law,
with limited exceptions, currently permits branching across state lines through
interstate mergers.

     Under the Federal Deposit Insurance Act, states may "opt-in" and allow
out-of-state banks to branch into their state by establishing a new start-up
branch in the state.  Currently, Georgia has not opted-in to this provision.
Therefore, interstate merger is the only method through which a bank located
outside of Georgia may branch into Georgia.  This provides a limited barrier of
entry into the Georgia banking market, which protects us from an important
segment of potential competition.  However, because Georgia has elected not to
opt-in, our ability to establish a new start-up branch in another state may be
limited.  Many states that have elected to opt-in have done so on a reciprocal
basis, meaning that an out-of-state bank may establish a new start-up branch
only if their home state has also elected to opt-in.  Consequently, until
Georgia changes its election, the only way we will be able to branch into states
that have elected to opt-in on a reciprocal basis will be through interstate
merger.

     PROMPT CORRECTIVE ACTION.  The Federal Deposit Insurance Corporation
Improvement Act of 1991 establishes a system of prompt corrective action to
resolve the problems of undercapitalized financial institutions.  Under this
system, the federal banking regulators have established five capital categories
(well capitalized, adequately capitalized, undercapitalized, significantly
undercapitalized and critically undercapitalized) in which all institutions are
placed.  Federal banking regulators are required to take various mandatory
supervisory actions and are authorized to take other discretionary actions with
respect to institutions in the three undercapitalized categories.  The severity
of the action depends upon the capital category in which the institution is
placed.  Generally, subject to a narrow exception, the banking regulator must
appoint a receiver or conservator for an institution that is critically


                                       11
<PAGE>
undercapitalized.  The federal banking agencies have specified by regulation the
relevant capital level for each category.

     An institution that is categorized as undercapitalized, significantly
undercapitalized, or critically undercapitalized is required to submit an
acceptable capital restoration plan to its appropriate federal banking agency.
A bank holding company must guarantee that a subsidiary depository institution
meets its capital restoration plan, subject to various limitations.  The
controlling holding company's obligation to fund a capital restoration plan is
limited to the lesser of 5% of an undercapitalized subsidiary's assets at the
time it became undercapitalized or the amount required to meet regulatory
capital requirements.  An undercapitalized institution is also generally
prohibited from increasing its average total assets, making acquisitions,
establishing any branches or engaging in any new line of business, except under
an accepted capital restoration plan or with FDIC approval.  The regulations
also establish procedures for downgrading an institution to a lower capital
category based on supervisory factors other than capital.

     FDIC INSURANCE ASSESSMENTS.  The FDIC has adopted a risk-based assessment
system for insured depository institutions that takes into account the risks
attributable to different categories and concentrations of assets and
liabilities.  The system assigns an institution to one of three capital
categories: (1) well capitalized; (2) adequately capitalized; and (3)
undercapitalized.  These three categories are substantially similar to the
prompt corrective action categories described above, with the "undercapitalized"
category including institutions that are undercapitalized, significantly
undercapitalized, and critically undercapitalized for prompt corrective action
purposes.  The FDIC also assigns an institution to one of three supervisory
subgroups based on a supervisory evaluation that the institution's primary
federal regulator provides to the FDIC and information that the FDIC determines
to be relevant to the institution's financial condition and the risk posed to
the deposit insurance funds.  Assessments range from 0 to 27 cents per $100 of
deposits, depending on the institution's capital group and supervisory subgroup.
In addition, the FDIC imposes assessments to help pay off the $780 million in
annual interest payments on the $8 billion Financing Corporation bonds issued in
the late 1980s as part of the government rescue of the thrift industry.  This
assessment rate is adjusted quarterly and is set at 1.68 cents per $100 of
deposits for the first quarter of 2003.

     The FDIC may terminate its insurance of deposits if it finds that the
institution has engaged in unsafe and unsound practices, is in an unsafe or
unsound condition to continue operations, or has violated any applicable law,
regulation, rule, order, or condition imposed by the FDIC.

     COMMUNITY REINVESTMENT ACT.  The Community Reinvestment Act requires that,
in connection with examinations of financial institutions within their
respective jurisdictions, the Federal Reserve, the FDIC, or the Office of the
Comptroller of the Currency, shall evaluate the record of each financial
institution in meeting the credit needs of its local community, including low
and moderate-income neighborhoods.  These facts are also considered in
evaluating mergers, acquisitions, and applications to open a branch or facility.
Failure to adequately meet these criteria could impose additional requirements
and limitations on the Bank.  Since our aggregate assets are not more than $250
million, under the Gramm-Leach-Bliley Act, we are generally subject to a
Community Reinvestment Act examination only once every 60 months if we receive
an "outstanding" rating, once every 48 months if we receive a "satisfactory"
rating and as needed if our rating is "less than satisfactory."  Additionally,
we must publicly disclose the terms of various Community Reinvestment
Act-related agreements.

     OTHER REGULATIONS.  Interest and other charges collected or contracted for
by the Bank are subject to state usury laws and federal laws concerning interest
rates.  For example, under the Soldiers' and Sailors' Civil Relief Act of 1940,
a lender is generally prohibited from charging an annual interest rate in excess
of 6% on any obligation for which the borrower is a person on active duty with
the United States military.


                                       12
<PAGE>
     The Bank's loan operations are also subject to federal laws applicable to
credit transactions, such as the:

     -    federal Truth-In-Lending Act, governing disclosures of credit terms to
          consumer borrowers;

     -    Home Mortgage Disclosure Act of 1975, requiring financial institutions
          to provide information to enable the public and public officials to
          determine whether a financial institution is fulfilling its obligation
          to help meet the housing needs of the community it serves;

     -    Equal Credit Opportunity Act, prohibiting discrimination on the basis
          of race, creed or other prohibited factors in extending credit;

     -    Fair Credit Reporting Act of 1978, governing the use and provision of
          information to credit reporting agencies;

     -    Fair Debt Collection Act, governing the manner in which consumer debts
          may be collected by collection agencies;

     -    Soldiers' and Sailors' Civil Relief Act of 1940, governing the
          repayment terms of, and property rights underlying, secured
          obligations of persons in military service; and

     -    the rules and regulations of the various federal agencies charged with
          the responsibility of implementing these federal laws.

In addition to the federal and state laws noted above, the Georgia Fair Lending
Act ("GFLA") imposes restrictions and procedural requirements on most mortgage
loans made in Georgia, including home equity loans and lines of credit.  GFLA
became effective on October 1, 2002 and was amended on March 7, 2003.  While
selected provisions of GFLA apply regardless of the interest rate or charges on
the loan, the majority of the requirements apply only to "high cost home loans,"
as defined by GFLA.

     We have implemented procedures to comply with all GFLA requirements.

     The deposit operations of the Bank are subject to:

     -    The Right to Financial Privacy Act, which imposes a duty to maintain
          confidentiality of consumer financial records and prescribes
          procedures for complying with administrative subpoenas of financial
          records; and

     -    The Electronic Funds Transfer Act and Regulation E issued by the
          Federal Reserve to implement that act, which govern automatic deposits
          to and withdrawals from deposit accounts and customers' rights and
          liabilities arising from the use of automated teller machines and
          other electronic banking services.

CAPITAL ADEQUACY

     The Company and the Bank are required to comply with the capital adequacy
standards established by the Federal Reserve, in the case of the Company, and
the Office of the Comptroller of the Currency, in the case of the Bank.  The
Federal Reserve has established a risk-based and a leverage measure of capital
adequacy for bank holding companies.  Since the Company's consolidated total
assets are less than $150 million, under the Federal Reserve's capital
guidelines, our capital adequacy is measured on a bank-only basis, as opposed to
a consolidated basis.  The Bank is also subject to risk-based and leverage


                                       13
<PAGE>
capital requirements adopted by the Office of the Comptroller of the Currency,
which are substantially similar to those adopted by the Federal Reserve for bank
holding companies.

     The risk-based capital standards are designed to make regulatory capital
requirements more sensitive to differences in risk profiles among banks and bank
holding companies, to account for off-balance-sheet exposure, and to minimize
disincentives for holding liquid assets.  Assets and off-balance-sheet items,
such as letters of credit and unfunded loan commitments, are assigned to broad
risk categories, each with appropriate risk weights.  The resulting capital
ratios represent capital as a percentage of total risk-weighted assets and
off-balance-sheet items.

     The minimum guideline for the ratio of total capital to risk-weighted
assets is 8%.  Total capital consists of two components, Tier 1 Capital and Tier
2 Capital.  Tier 1 Capital generally consists of common stock, minority
interests in the equity accounts of consolidated subsidiaries, noncumulative
perpetual preferred stock, and a limited amount of qualifying cumulative
perpetual preferred stock, less goodwill and other specified intangible assets.
Tier 1 Capital must equal at least 4% of risk-weighted assets.  Tier 2 Capital
generally consists of subordinated debt, other preferred stock, and a limited
amount of loan loss reserves.  The total amount of Tier 2 Capital is limited to
100% of Tier 1 Capital.  At December 31, 2002 our ratio of total capital to
risk-weighted assets was 27.3% and our ratio of Tier 1 Capital to risk-weighted
assets was 26.1%.

     In addition, the Federal Reserve has established minimum leverage ratio
guidelines for bank holding companies.  These guidelines provide for a minimum
ratio of Tier 1 Capital to average assets, less goodwill and other specified
intangible assets, of 3% for bank holding companies that meet specified
criteria, including having the highest regulatory rating and implementing the
Federal Reserve's risk-based capital measure for market risk.  All other bank
holding companies generally are required to maintain a leverage ratio of at
least 4%.  At December 31, 2002, our leverage ratio was 25.1%.  The guidelines
also provide that bank holding companies experiencing internal growth or making
acquisitions will be expected to maintain strong capital positions substantially
above the minimum supervisory levels without reliance on intangible assets.  The
Federal Reserve considers the leverage ratio and other indicators of capital
strength in evaluating proposals for expansion or new activities.

     Failure to meet capital guidelines could subject a bank or bank holding
company to a variety of enforcement remedies, including issuance of a capital
directive, the termination of deposit insurance by the FDIC, a prohibition on
accepting brokered deposits, and certain other restrictions on its business. As
described above, significant additional restrictions can be imposed on
FDIC-insured depository institutions that fail to meet applicable capital
requirements.  See "-First National Bank West Metro-Prompt Corrective Action."

PAYMENT OF DIVIDENDS

     The Company is a legal entity separate and distinct from the Bank.  The
principal sources of the Company's cash flow, including cash flow to pay
dividends to its shareholders, are dividends that the Bank pays to its sole
shareholder, the Company.  Statutory and regulatory limitations apply to the
Bank's payment of dividends to the Company as well as to the Company's payment
of dividends to its shareholders.

     The Bank is required by federal law to obtain prior approval of the Office
of the Comptroller of the Currency for payments of dividends if the total of all
dividends declared by our board of directors in any year will exceed (1) the
total of the Bank's net profits for that year, plus (2) the Bank's retained net
profits of the preceding two years, less any required transfers to surplus.


                                       14
<PAGE>
     The payment of dividends by the Company and the Bank may also be affected
by other factors, such as the requirement to maintain adequate capital above
regulatory guidelines.  If, in the opinion of the Office of the Comptroller of
the Currency, the Bank were engaged in or about to engage in an unsafe or
unsound practice, the Office of the Comptroller of the Currency could require,
after notice and a hearing, that the Bank stop or refrain engaging in the
practice.  The federal banking agencies have indicated that paying dividends
that deplete a depository institution's capital base to an inadequate level
would be an unsafe and unsound banking practice.  Under the Federal Deposit
Insurance Corporation Improvement Act of 1991, a depository institution may not
pay any dividend if payment would cause it to become undercapitalized or if it
already is undercapitalized.  Moreover, the federal agencies have issued policy
statements that provide that bank holding companies and insured banks should
generally only pay dividends out of current operating earnings.  See "-First
National Bank West Metro-Prompt Corrective Action" above.

RESTRICTIONS ON TRANSACTIONS WITH AFFILIATES

     The Company and the Bank are subject to the provisions of Section 23A of
the Federal Reserve Act.  Section 23A places limits on the amount of:

     -    a bank's loans or extensions of credit to affiliates;

     -    a bank's investment in affiliates;

     -    assets a bank may purchase from affiliates, except for real and
          personal property exempted by the Federal Reserve;

     -    loans or extensions of credit to third parties collateralized by the
          securities or obligations of affiliates; and

     -    a bank's guarantee, acceptance or letter of credit issued on behalf of
          an affiliate.

     The total amount of the above transactions is limited in amount, as to any
one affiliate, to 10% of a bank's capital and surplus and, as to all affiliates
combined, to 20% of a bank's capital and surplus.  In addition to the limitation
on the amount of these transactions, each of the above transactions must also
meet specified collateral requirements.  The Bank must also comply with other
provisions designed to avoid the taking of low-quality assets.

     The Company and the Bank are also subject to the provisions of Section 23B
of the Federal Reserve Act which, among other things, prohibit an institution
from engaging in the above transactions with affiliates unless the transactions
are on terms substantially the same, or at least as favorable to the institution
or its subsidiaries, as those prevailing at the time for comparable transactions
with nonaffiliated companies.

     The Bank is also subject to restrictions on extensions of credit to its
executive officers, directors, principal shareholders and their related
interests.  These extensions of credit (1) must be made on substantially the
same terms, including interest rates and collateral, as those prevailing at the
time for comparable transactions with third parties, and (2) must not involve
more than the normal risk of repayment or present other unfavorable features.

PRIVACY

     Financial institutions are required to disclose their policies for
collecting and protecting confidential information.  Customers generally may
prevent financial institutions from sharing nonpublic personal financial
information with nonaffiliated third parties except under narrow circumstances,


                                       15
<PAGE>
such as the processing of transactions requested by the consumer or when the
financial institution is jointly sponsoring a product or service with a
nonaffiliated third party.  Additionally, financial institutions generally may
not disclose consumer account numbers to any nonaffiliated third party for use
in telemarketing, direct mail marketing or other marketing to consumers.

ANTI-TERRORISM LEGISLATION

     In the wake of the tragic events of September 11th, on October 26, 2001,
the President signed the Uniting and Strengthening America by Providing
Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act
of 2001.  Under the USA PATRIOT Act, financial institutions are subject to
prohibitions against specified financial transactions and account relationships
as well as enhanced due diligence and "know your customer" standards in their
dealings with foreign financial institutions and foreign customers.  For
example, the enhanced due diligence policies, procedures and controls generally
require financial institutions to take reasonable steps:

     -    to conduct enhanced scrutiny of account relationships to guard against
          money laundering and report any suspicious transaction;

     -    to ascertain the identity of the nominal and beneficial owners of, and
          the source of funds deposited into, each account as needed to guard
          against money laundering and report any suspicious transactions;

     -    to ascertain for any foreign bank, the shares of which are not
          publicly traded, the identity of the owners of the foreign bank and
          the nature and extent of the ownership interest of each such owner;
          and

     -    to ascertain whether any foreign bank provides correspondent accounts
          to other foreign banks and, if so, the identity of those foreign banks
          and related due diligence information.

     Under the USA PATRIOT Act, financial institutions must establish anti-money
laundering programs.  The USA PATRIOT Act sets forth minimum standards for these
programs, including:

     -    the development of internal policies, procedures and controls;

     -    the designation of a compliance officer;

     -    an ongoing employee training program; and

     -    an independent audit function to test the programs.

     Pursuant to the mandate of the USA PATRIOT Act, the Secretary of the
Treasury issued regulations effective April 24, 2002 applicable to financial
institutions.  Because all federally insured depository institutions are
required to have anti-money laundering programs, the regulations provide that a
financial institution which is subject to regulation by a "federal functional"
is in compliance with the regulations if it complies with the rules of its
primary federal regulator governing the establishment and maintenance of
anti-money laundering programs.

     Under the authority of the USA PATRIOT Act, the Secretary of the Treasury
adopted rules on September 26, 2002 increasing the cooperation and information
sharing between financial institutions, regulators and law enforcement
authorities regarding individuals, entities and organizations engaged in, or
reasonably suspected based on credible evidence of engaging in, terrorist acts
or money laundering activities.  Under the new rules, a financial institution is
required to:


                                       16
<PAGE>
     -    expeditiously search its records to determine whether it maintains or
          has maintained accounts, or engaged in transactions with individuals
          or entities, listed in a request submitted by the Financial Crimes
          Enforcement Network ("FinCEN");

     -    notify FinCEN if an account or transaction is identified;

     -    designate a contact person to receive information requests;

     -    limit use of information provided by FinCEN to: (1) reporting to
          FinCEN, (2) determining whether to establish or maintain an account or
          engage in a transaction and (3) assisting the financial institution in
          complying with the Bank Secrecy Act; and

     -    maintain adequate procedures to protect the security and
          confidentiality of FinCEN requests.

     Under the new rules, a financial institution may also share information
regarding individuals, entities, organizations and countries for purposes of
identifying and, where appropriate, reporting activities that it suspects may
involve possible terrorist activity or money laundering.  Such
information-sharing is protected under a safe harbor if the financial
institution:

     -    notifies FinCEN of its intention to share information, even when
          sharing with an affiliated financial institution;

     -    takes reasonable steps to verify that, prior to sharing, the financial
          institution or association of financial institutions with which it
          intends to share information has submitted a notice to FinCEN;

     -    limits the use of shared information to identifying and reporting on
          money laundering or terrorist activities, determining whether to
          establish or maintain an account or engage in a transaction, or
          assisting it in complying with the Bank Security Act; and

     -    maintains adequate procedures to protect the security and
          confidentiality of the information.


     Any financial institution complying with these rules will not be deemed to
have violated the privacy requirements discussed above.

     The Secretary of the Treasury also adopted a new rule on September 26, 2002
intended to prevent money laundering and terrorist financing through
correspondent accounts maintained by U.S. financial institutions on behalf of
foreign banks.  Under the new rule, financial institutions:

     -    are prohibited from providing correspondent accounts to foreign shell
          banks;

     -    are required to obtain a certification from foreign banks for which
          they maintain a correspondent account stating the foreign bank is not
          a shell bank and that it will not permit a foreign shell bank to have
          access to the U.S. account;

     -    must maintain records identifying the owner of the foreign bank for
          which they may maintain a correspondent account and its agent in the
          Unites States designated to accept services of legal process;

     -    must terminate correspondent accounts of foreign banks that fail to
          comply with or fail to contest a lawful request of the Secretary of
          the Treasury or the Attorney General of the United States, after being
          notified by the Secretary or Attorney General.

     The new rule applies to correspondent accounts established after October
28, 2002.


                                       17
<PAGE>
PROPOSED LEGISLATION AND REGULATORY ACTION

     New regulations and statutes are regularly proposed that contain
wide-ranging proposals for altering the structures, regulations and competitive
relationships of financial institutions operating and doing business in the
United States.  We cannot predict whether or in what form any proposed
regulation or statute will be adopted or the extent to which our business may be
affected by any new regulation or statute.

EFFECT OF GOVERNMENTAL MONETARY POLICES

     Our earnings are affected by domestic economic conditions and the monetary
and fiscal policies of the United States government and its agencies.  The
Federal Reserve Bank's monetary policies have had, and are likely to continue to
have, an important impact on the operating results of commercial banks through
its power to implement national monetary policy in order, among other things, to
curb inflation or combat a recession.  The monetary policies of the Federal
Reserve affect the levels of bank loans, investments and deposits through its
control over the issuance of United States government securities, its regulation
of the discount rate applicable to member banks and its influence over reserve
requirements to which member banks are subject.  We cannot predict the nature or
impact of future changes in monetary and fiscal policies.

ITEM 2.     DESCRIPTION OF PROPERTIES

     Our main office is presently a temporary modular facility located on a
3-acre site on the south side of Georgia Highway 120, just east of the
intersection of Macland Road.  This site is centrally located between Dallas and
Hiram, and we believe it is well suited to serve the Bank's target customers.
We will be able to offer a full array of banking services from the temporary
facility which is approximately 2,500 square feet and includes one drive-up
teller window and an ATM.  A permanent facility will be located on the same site
next to the temporary facility.  We plan to break ground in April 2003 and
expect to open the facility in the first quarter of 2004.  The permanent
facility will be approximately 12,000 square feet and will include three
drive-up windows and an automated teller machine.

     We opened a full service branch on Bankhead Highway and Church Street in
downtown Douglasville, Georgia on January 6, 2003.  We believe the branch will
allow us to provide more personal and convenient service to our many customers
in Douglas County.  The branch is located at 6559 E. Church Street and consists
of 2,388 square feet of office space.  The facility has a drive through station
consisting of three teller lanes and one with a drive through automated teller
service machine.

     In addition, we operate a mortgage branch in Douglasville, Georgia.  The
mortgage branch opened on August 1, 2002 and is approximately 1,200 square feet.
It is located at 8601 Baldwin Parkway, Suite 101, Douglasville, Douglas County,
Georgia.  The lease for the mortgage branch expires on June 30, 2003.


ITEM 3.     LEGAL PROCEEDINGS

     There are no material pending legal proceedings to which the Company is a
party or of which any of its properties are subject, nor are there material
proceedings known to the Company to be contemplated by any governmental
authority.   Additionally, the Company is unaware of any material proceedings,
pending or contemplated, in which any existing or proposed director, officer or
affiliate, or any principal security holder of the Company or any associate of
any of the foregoing, is a party or has an interest adverse to the Company.


                                       18
<PAGE>
ITEM  4.     SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

     None.


                                     PART II

ITEM 5.     MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS

     (a)     The Company closed its initial public offering of securities on
February 28, 2002.  All sales of securities by the Company in 2001 were
registered under the Securities Act.  There is currently no established market
for the Company's common stock, and an active trading market is not likely to
develop.  The Company does not have any plans to list its common stock on any
stock exchange or on the over-the-counter market.  As a result, investors who
need or wish to dispose of all or any part of their common stock may be unable
to do so except in private, directly negotiated sales.

     (b)     On March 10, 2003, the Company had 441 shareholders of record who
owned an aggregate of 1,200,000 shares.

     (c)     The Company has paid no dividends on its common stock since its
organization. The principal source of the Company's cash flow, including cash
flow to pay dividends to its shareholders, will be dividends that the Bank pays
to the Company as its sole shareholder.  Statutory and regulatory limitations
will apply to the Bank's payment of dividends to the Company, as well as to the
Company's payment of dividends to its shareholders.  For a complete discussion
of restrictions on dividends, see "Part I-Item 1. Description of
Business-Supervision and Regulation-Payment of Dividends."


ITEM 6.     MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
            RESULTS OF OPERATIONS

                                     GENERAL

     West Metro Financial Services, Inc. is a bank holding company headquartered
in Dallas, Georgia organized to own all of the common stock of its bank
subsidiary, First National Bank West Metro.  The principal activity of the bank
is to provide banking services to domestic markets, principally in Paulding
County and Douglas County, Georgia.  The bank is primarily regulated by the
Office of the Comptroller of the Currency ("OCC") and undergoes periodic
examinations by this regulatory agency.  Our bank holding company is regulated
by the Federal Reserve Bank and also is subject to periodic examinations.

     In 2001, we commenced an initial public offering of up to 1,200,000 shares
of our common stock.  The stock sale resulted in the issuance of 1,200,000
shares at a price of $10.00 per share.  The offering resulted in capital of
$11,866,858, net of offering expenses of $113,964.  The bank opened for business
on March 25, 2002 at the Intersection of Macland Road and Highway 120, Dallas,
Georgia 30132.

     The following discussion focuses on significant changes in the financial
condition and results of operations during the year ended December 31, 2002.
Since our bank did not open until March 25, 2002, comparison of 2002 amounts to
prior periods would not be meaningful.  We reported our company as developmental
stage entity as of December 31, 2001.  This discussion and the financial
information contained herein are presented to assist the reader in understanding
and evaluating our financial condition, results of operations, and future


                                       19
<PAGE>
prospects and should be read as a supplement to and in conjunction with the
Consolidated Financial Statements and Related Notes.

                           FORWARD-LOOKING STATEMENTS

     This report contains "forward-looking statements" relating to, without
limitation, future economic performance, plans and objectives of management for
future operations, and projections of revenues and other financial items that
are based on the beliefs of management, as well as assumptions made by and
information currently available to management.  The words "may," "will,"
"anticipate," "should," "would," "believe," "contemplate," "expect," "estimate,"
"continue," "may," and "intend," as well as other similar words and expressions
of the future, are intended to identify forward-looking statements.  Our actual
results may differ materially from the results discussed in the forward-looking
statements, and our operating performance each quarter is subject to various
risks and uncertainties that are discussed in detail in our filings with the
Securities and Exchange Commission, including, without limitation:

     -    the effects of future economic conditions;
     -    governmental monetary and fiscal policies, as well as legislative and
          regulatory changes;
     -    changes in interest rates and their effect on the level and
          composition of deposits, loan demand, and the values of loan
          collateral, securities and other interest-sensitive assets and
          liabilities;
     -    our ability to control costs, expenses, and loan delinquency rates;
          and
     -    the effects of competition from other commercial banks, thrifts,
          mortgage banking firms, consumer finance companies, credit unions,
          securities brokerage firms, insurance companies, money market and
          other mutual funds and other financial institutions operating in our
          market area and elsewhere, including institutions operating
          regionally, nationally, and internationally, together with such
          competitors offering banking products and services by mail, telephone,
          computer and the Internet.

                              RESULTS OF OPERATIONS

     A comparison between 2002 and 2001 is not relevant due to the fact that the
bank was only open for business for a portion of the year during 2002 and was
not open during 2001.

     Net loss for 2002 was $524,910 or $.44 per common share.  Our operational
results depend to a large degree on net interest income, which is the difference
between the interest income received from investments (such as loans, investment
securities, federal funds sold, etc.) and the interest expense, which is paid on
deposit liabilities.  Net interest income was $1,144,245 for the year ended
December 31, 2002.

     The provision for loan losses in 2002 was $500,000. The provision for loan
losses reflects management's estimate of potential losses inherent in the loan
portfolio and the creation of an allowance for loan losses adequate to absorb
such losses.

     Other operating income for the year ended December 31, 2002, totaled
$312,227.  Other operating income includes services charges on deposit accounts
and mortgage origination fee income.  Declining interest rates during 2002
provided us with an opportunity to derive significant income from the
origination of mortgage loans.  Other operating expenses in 2002 were
$1,481,382.  The largest component of other operating expenses is salaries and
benefits, which totaled $996,040 for the year ended December 31, 2002.


                                       20
<PAGE>
     In 2002, we recognized no income tax benefit due to the fact that
realization of such a benefit is dependent upon future earnings or our company.

NET  INTEREST  INCOME

     For the year ended December 31, 2002, net interest income totaled
$1,144,245.  Interest income from loans, including fees was $1,411,462,
representing a yield of 8.04%.  Interest expense totaled $431,224 for the year
ended December 31, 2002.  The net interest margin realized on earning assets and
the interest rate spread were 5.25% and 4.18%, respectively, for the year ended
December 31, 2002.

AVERAGE BALANCES AND INTEREST RATES

     The table below shows the average balance outstanding for each category of
interest earning assets and interest-bearing liabilities for 2002 and the
average rate of interest earned or paid thereon.  Average balances have been
derived from the daily balances throughout the period indicated.  Yields and
rates have been annualized based on the date that the bank opened, March 25,
2002.  A rate volume analysis is not presented due to the fact that the bank was
not open in 2001.

<TABLE>
<CAPTION>
                                                                        AVERAGE                YIELD/
                                                                        BALANCE     INTEREST    RATE
                                                                      ------------  ---------  -------
<S>                                                                   <C>           <C>        <C>
Assets:
  Interest earning assets:
    Loans (including loan fees)                                       $ 22,710,122  1,411,462    8.04%
    Investment securities                                                2,270,340     92,095    5.25%
    Federal funds sold                                                   2,474,547     51,672    2.70%
    Other                                                                  748,120     20,240    3.50%
                                                                      ------------  ---------
  Total interest earning assets                                         28,203,129  1,575,469    7.23%
  Other non-interest earning assets                                      3,582,583
                                                                      ------------
        Total assets                                                  $ 31,785,712
                                                                      ============
Liabilities and stockholders' equity:
  Interest-bearing liabilities:
    Deposits:
      Interest-bearing demand                                         $  1,872,653     39,420    2.72%
      Savings and money market                                           5,464,598     98,325    2.33%
      Time                                                              10,749,368    286,612    3.45%
      Other                                                                242,402      6,867    3.77%
                                                                      ------------  ---------
        Total interest-bearing liabilities                              18,329,021    431,224    3.05%
Other non-interest bearing liabilities                                   2,749,801
Stockholders' equity                                                    10,706,890
                                                                      ------------
        Total liabilities and stockholders' equity                    $ 31,785,712
                                                                      ============
Excess of interest-earning assets over interest bearing liabilities   $  9,874,108
                                                                      ============
Ratio of interest-earning assets to interest-bearing liabilities              154%
Net interest income                                                                 1,144,245
                                                                                    =========
Net interest spread                                                                              4.18%
Net interest margin                                                                              5.25%
</TABLE>

     There were no non-accrual loans during 2002.


                                       21
<PAGE>
INTEREST RATE SENSITIVITY AND ASSET LIABILITY MANAGEMENT

     Interest rate sensitivity measures the timing and magnitude of the
repricing of assets compared with the repricing of liabilities and is an
important part of asset/liability management of a financial institution.  The
objective of interest rate sensitivity management is to generate stable growth
in net interest income, and to control the risks associated with interest rate
movements.  Management constantly reviews interest rate risk exposure and the
expected interest rate environment so that adjustments in interest rate
sensitivity can be timely made.  Since the assets and liabilities of a bank are
primarily monetary in nature (payable in fixed, determinable amounts), the
performance of a bank is affected more by changes in interest rates than by
inflation.  Interest rates generally increase as the rate of inflation
increases, but the magnitude of the change in rates may not be the same.

     Net interest income is the primary component of net income for financial
institutions.  Net interest income is affected by the timing and magnitude of
repricing of as well as the mix of interest sensitive and noninterest sensitive
assets and liabilities.  "Gap" is a static measurement of the difference between
the contractual maturities or repricing dates of interest sensitive assets and
interest sensitive liabilities within the following twelve months.  Gap is an
attempt to predict the behavior of the bank's net interest income in general
terms during periods of movement in interest rates.  In general, if the bank is
asset sensitive, more of its interest sensitive assets are expected to reprice
within twelve months than its interest sensitive liabilities over the same
period.  In a rising interest rate environment, assets repricing more quickly is
expected to enhance net interest income.  Alternatively, decreasing interest
rates would be expected to have the opposite effect on net interest income since
assets would theoretically be repricing at lower interest rates more quickly
than interest sensitive liabilities.  Although it can be used as a general
predictor, Gap as a predictor of movements in net interest income has
limitations due to the static nature of its definition and due to its inherent
assumption that all assets will reprice immediately and fully at the
contractually designated time.  At December 31, 2002, the bank, as measured by
Gap, is in an asset sensitive position.  Management has several tools available
to it to evaluate and affect interest rate risk, including deposit pricing
policies and changes in the mix of various types of assets and liabilities.

     The following table summarizes the amounts of interest-earning assets and
interest-bearing liabilities outstanding at December 31, 2002, that are expected
to mature, prepay, or reprice in each of the future time periods shown. Except
as stated below, the amount of assets or liabilities that mature or reprice
during a particular period was determined in accordance with the contractual
terms of the asset or liability. Adjustable rate loans are included in the
period in which interest rates are next scheduled to adjust rather than in the
period in which they are due, and fixed rate loans and mortgage-backed
securities are included in the periods in which they are anticipated to be
repaid based on scheduled maturities. The bank's savings accounts and
interest-bearing demand accounts (NOW and money market deposit accounts), which
are generally subject to immediate withdrawal, are included in the "Three Months
or Less" category, although historical experience has proven these deposits to
be more stable over the course of a year.


                                       22
<PAGE>
<TABLE>
<CAPTION>
                                             AT DECEMBER 31, 2002
                                           MATURING OR REPRICING IN
                                           ------------------------
                                            (DOLLARS IN THOUSANDS)
                                                         4 MONTHS
                                             3 MONTHS       TO      1 TO 5   OVER 5
                                             OR LESS    12 MONTHS    YEARS    YEARS   TOTAL
                                            ----------  ----------  -------  -------  ------
<S>                                         <C>         <C>         <C>      <C>      <C>
Interest-earning assets:
  Federal funds sold                        $   1,710           -        -        -    1,710
  Investment securities                             -           -        -    2,121    2,121
  Loans                                         8,204      22,635    8,432      442   39,713
                                            ----------  ----------  -------  -------  ------
Total interest-bearing assets:                  9,914      22,635    8,432    2,563   43,544
                                            ----------  ----------  -------  -------  ------
Interest-bearing liabilities:
  Deposits:
    Savings and demand                         12,661           -        -        -   12,661
    Time deposits                                 148      10,135    9,826        -   20,109
                                            ----------  ----------  -------  -------  ------
Total interest-bearing liabilities             12,809      10,135    9,826        -   32,770
                                            ----------  ----------  -------  -------  ------
Interest sensitive difference per period    $  (2,895)     12,500   (1,394)   2,563   10,774
                                            ==========  ==========  =======  =======  ======
Cumulative interest sensitivity difference  $  (2,895)      9,605    8,211   10,774
                                            ==========  ==========  =======  =======
Cumulative difference to total assets             (6)%         21%      18%      23%
                                            ==========  ==========  =======  =======
</TABLE>

     At December 31, 2002, the difference between the bank's liabilities and
assets repricing or maturing within one year was $9,605,000. Due to an excess of
assets repricing or maturing within one year, a drop in interest rates would
cause the bank's net interest income to decline.

     Certain shortcomings are inherent in the method of analysis presented in
the foregoing table. For example, although certain assets and liabilities may
have similar maturities or periods of repricing, they may reflect changes in
market interest rates differently. Additionally, certain assets, such as
adjustable-rate mortgages, have features that restrict changes in interest
rates, both on a short-term basis and over the life of the asset. Other factors
which may affect the assumptions made in the table include changes in interest
rates, pre-payment rates, early withdrawal levels, and the ability of borrowers
to service their debt.

PROVISION AND ALLOWANCE FOR LOAN LOSSES

     The provision for loan losses is the charge to operating earnings that
management believes is necessary to maintain the allowance for loan losses at an
adequate level.  The provision charged to expense was $500,000 for the year
ended December 31, 2002.  The provision has been a result of management's
efforts to increase the allowance to match the growth in the loan portfolio.
The allowance for loan losses was 1.26% of gross loans at December 31, 2002.
There are risks inherent in making all loans, including risks with respect to
the period of time over which loans may be repaid, risks resulting from changes
in economic and industry conditions, risks inherent in dealing with individual
borrowers, and, in the case of a collateralized loan, risks resulting from
uncertainties about the future value of the collateral.  We anticipate
maintaining an allowance for loan losses based on, among other things,
historical experience, an evaluation of economic conditions, and regular reviews
of delinquencies and loan portfolio quality.  Our judgment about the adequacy of
the allowance is based upon a number of assumptions about future events, which
we believe to be reasonable, but which may not prove to be accurate.  Thus,
there is a risk that charge-offs in future periods could exceed the allowance
for loan losses or that substantial additional increases in the allowance for
loan losses could be required.  Additions to the allowance for loan losses would
result in a decrease of our net income and, possibly, our capital.  We have not


                                       23
<PAGE>
experienced any charge-offs in 2002.  We had no past due and non-accrual loans,
other real estate and repossessions as of December 31, 2002.

NONINTEREST  INCOME  AND  EXPENSE

     Noninterest income for the year ended December 31, 2002 totaled $312,227.
The largest component of other income is residential mortgage origination fees,
which totaled $197,106 during 2002.  Lower market interest rates created
significant refinancing volume in the residential mortgage market and we were
able to facilitate the origination of a substantial amount of mortgage loans in
2002.  Service charges on deposit accounts totaled $113,711 during the year
ended December 31, 2002.

     Total noninterest expense for the year ended December 31, 2002 was
$1,481,382.  Salaries and benefits, the largest component of noninterest
expense, totaled $996,040 for the year ended December 31, 2002. Net occupancy
and equipment expense was $115,524 during 2002 and other operating expenses
totaled $369,818 during 2002.

                               FINANCIAL CONDITION

     Total assets were $45,987,265 as of December 31, 2002. The primary source
of growth in assets was net loans, which totaled $39,212,970 or 85% of total
assets as of December 31, 2002.  Investment securities available-for-sale
totaled $1,795,320 at December 31, 2002.  Total deposits were $34,719,753 or 75%
of total assets as of December 31, 2002.

INTEREST-EARNING ASSETS

LOANS

     Gross loans totaled $39,712,970 at December 31, 2002.  The largest
classification of loans was in real estate construction loans, which totaled
$29,440,594 or 74.13% at December 31, 2002.  Balances within the major loans
receivable categories as of December 31, 2002 are as follows:


     Commercial, financial and agricultural  $1,649,160        4.15%
     Real estate - mortgage                   7,909,475       19.92%
     Real estate - construction              29,440,594       74.13%
     Consumer and other                         713,741        1.80%
                                             -----------  ----------
                                             $39,712,970     100.00%
                                             ===========  ==========


                                       24
<PAGE>
As of December 31, 2002, maturities of loans in the indicated classifications
were as follows:

                                 REAL ESTATE
                    COMMERCIAL   CONSTRUCTION    TOTAL
                    -----------  ------------  ----------
     Maturity
     --------
     Within 1 year  $   855,175    26,544,707  27,399,882
     1 to 5 years       793,985     2,895,887   3,689,872
     Over 5 years             -             -           -
                    -----------  ------------  ----------
       Totals       $ 1,649,160    29,440,594  31,089,754
                    ===========  ============  ==========

     As of December 31, 2002, the interest terms of loans in the indicated
classification for the indicated maturity ranges are as follows (amounts are
presented in thousands):

                                      FIXED          VARIABLE
                                 INTEREST RATES   INTEREST RATES    TOTAL
                                 ---------------  --------------  ---------
     Commercial
       1 to 5 years              $       707,528          86,457    793,985
       Over 5 years                            -               -          -
     Real estate - construction
       1 to 5 years                      218,933       2,676,954  2,895,887
       Over 5 years                            -               -          -
                                 ---------------  --------------  ---------

                                 $       926,461       2,763,411  3,689,872
                                 ===============  ==============  =========

INVESTMENT SECURITIES

     Investment securities available-for-sale totaled $1,795,320 at December 31,
2002.  All of the bank's marketable investment securities were designated as
available-for-sale at December 31, 2002 and consisted of mortgage-backed
securities.  The amortized cost of these investment securities was $1,772,515 at
December 31, 2002.

     The following table presents the maturities of investment securities at
carrying value and the weighted average yields for each range of maturities
presented.

                                      MORTGAGE-BACKED   WEIGHTED AVERAGE
                                         SECURITIES          YIELDS
                                      ----------------  -----------------
     Maturities at December 31, 2002
     -------------------------------
     Within 1 year                    $              -                 -%
     After 1 through 5 years                         -                 -%
     After 5 through 10 years                        -                 -%
     After 10 years                   $      1,795,320              4.61%
                                      ----------------  -----------------

        Totals                        $      1,795,320              4.61%
                                      ================  =================

DEPOSITS

     At December 31, 2002, deposits totaled $34,719,753. Noninterest-bearing
demand deposits were $1,949,670 or 6% of total deposits and interest-bearing
deposits were $32,770,083 or 94% of total deposits.


                                       25
<PAGE>
     Balances within the major deposit categories as of December 31, 2002 are as
follows:

     Noninterest-bearing demand deposits        $ 1,949,670       5.62%
     Interest-bearing demand deposits            11,664,692      33.60%
     Savings deposits                               996,258       2.87%
     Certificates of deposit $100,000 and over   11,259,441      32.43%
     Other time deposits                          8,849,692      25.48%
                                                -----------  ----------
                                                $34,719,753     100.00%
                                                ===========  ==========

     The average balance of deposits and the average rates paid on such deposits
are summarized for 2002 in the following table.  Interest costs have been
annualized based on the bank's opening date of March 25, 2002.

                                   Amount     Rate
                                 -----------  -----

     Noninterest-bearing demand  $ 2,156,573     -
     Interest-bearing demand       1,872,653  2.72%
     Savings and money market      5,464,598  2.33%
     Time deposits                10,749,368  3.45%
                                 -----------

         Totals                  $20,243,192
                                 ===========

     Maturities of time certificates of deposit of $100,000 or more outstanding
at December 31, 2002, are summarized as follows:

     Within 3 months            $         -
     After 3 through 12 months    5,752,229
     After 12 months              5,507,212
                                -----------

         Total                  $11,259,441
                                ===========

CAPITAL  RESOURCES

     Shareholders' equity totaled $11,123,082 at December 31, 2002.  We raised
capital in the amount of $11,866,858 during our initial public offering, which
was completed in March 2002.   Our net loss for the year ended December 31, 2002
was $524,910 and other comprehensive income, net of tax, increased $14,139.

     Bank holding companies, such as us, and their banking subsidiaries are
required by banking regulators to meet certain minimum levels of capital
adequacy, which are expressed in the form of certain ratios.  Capital is
separated into Tier 1 capital (essentially common shareholders' equity less
intangible assets) and Tier 2 capital (essentially the allowance for loan losses
limited to 1.25% of risk-weighted assets).  The first two ratios, which are
based on the degree of credit risk in our assets, provide the weighting of
assets based on assigned risk factors and include off-balance sheet items such
as loan commitments and stand-by letters of credit.  The ratio of Tier 1 capital
to risk-weighted assets must be at least 4.0% and the ratio of total capital
(Tier 1 capital plus Tier 2 capital) to risk-weighted assets must be at least
8.0%.  The capital leverage ratio supplements the risk-based capital guidelines.

     Banks and bank holding companies are required to maintain a minimum ratio
of Tier 1 capital to adjusted quarterly average total assets of 3.0%.


                                       26
<PAGE>
     The following table summarizes the bank's risk-based capital ratios at
December 31, 2002:

        Tier 1 capital (to risk-weighted assets)       26.07%
        Total capital (to risk-weighted assets)        27.28%
        Tier 1 capital (to total average assets)       25.14%

LIQUIDITY

     The bank must maintain, on a daily basis, sufficient funds to cover the
withdrawals from depositors' accounts and to supply new borrowers with funds. To
meet these obligations, the bank keeps cash on hand, maintains account balances
with its correspondent banks, and purchases and sells federal funds and other
short-term investments. Asset and liability maturities are monitored in an
attempt to match the maturities to meet liquidity needs. It is the policy of the
bank to monitor its liquidity to meet regulatory requirements and their local
funding requirements.

     We are a party to financial instruments with off-balance-sheet risk in the
normal course of business to meet the financing needs of our customers.  These
financial instruments consist of commitments to extend credit and standby
letters of credit.  Commitments to extend credit are agreements to lend to a
customer as long as there is no violation of any condition established in the
contract. Standby letters of credit are written conditional commitments issued
by the bank to guarantee the performance of a customer to a third party. Those
guarantees are primarily issued to support public and private borrowing
arrangements. Most letters of credit extend for less than one year. The credit
risk involved in issuing letters of credit is essentially the same as that
involved in extending loan facilities to customers.  Commitments generally have
fixed expiration dates or other termination clauses and may require payment of a
fee.  A commitment involves, to varying degrees, elements of credit and interest
rate risk in excess of the amount recognized in the balance sheets.  Our
exposure to credit loss in the event of non-performance by the other party to
the instrument is represented by the contractual notional amount of the
instrument.

     Since certain commitments are expected to expire without being drawn upon,
the total commitment amounts do not necessarily represent future cash
requirements.  We use the same credit policies in making commitments to extend
credit as we do for on-balance-sheet instruments.  Collateral held for
commitments to extend credit varies but may include accounts receivable,
inventory, property, plant, equipment, and income-producing commercial
properties.

     The following table summarizes our off-balance-sheet financial instruments
whose contract amounts represent credit risk as of December 31, 2002:

          Commitments to extend credit       $10,458,000
          Standby letters of credit          $   127,000

     Management is not aware of any significant concentrations of loans to
classes of borrowers or industries that would be affected similarly by economic
conditions.  Although the bank's loan portfolio is diversified, a substantial
portion of its borrowers' ability to honor the terms of their loans is dependent
on the economic conditions in Paulding and Douglas Counties and surrounding
areas.

     The bank maintains relationships with correspondent banks that can provide
funds to it on short notice, if needed. Presently, the bank has arrangements
with commercial banks for short term unsecured advances up to $2,000,000.  The
Bank also has arrangements with another financial institution for secured
advances up to 10% of the Bank's assets.  At December 31, 2002, this credit
availability totaled $4,599,610.


                                       27
<PAGE>
     Cash and cash equivalents as of December 31, 2002 increased $2,293,213 from
December 31, 2001. Cash used by operating activities totaled $101,551 in 2002,
while inflows from financing activities totaled $46,080,424, which were
attributable to net deposit increases and raising of our initial capital.

     During 2002, investing activities used $43,685,660.  Investing activities
included net loans made to customers of $39,712,970, purchases of investment
securities available-for-sale of $14,114,818 and purchases of premises and
equipment of $1,882,442, partially offset by maturities of investment securities
available-for-sale of $12,350,420.

INFLATION

     Inflation impacts the growth in total assets in the banking industry and
causes a need to increase equity capital at higher than normal rates to meet
capital adequacy requirements. We cope with the effects of inflation through the
management of interest rate sensitivity gap position, by periodically reviewing
and adjusting its pricing of services to consider current costs and through
managing our level of net income relative to our dividend payout policy.

SELECTED RATIOS

     The following table sets out certain ratios of the Company for the year
ended December 31, 2002.

       Net loss to:
         Average stockholders' equity    (6.43)%
         Average assets                  (2.22)%
       Dividends to net income                -
       Average equity to average assets   34.50%


                                       28
<PAGE>
<TABLE>
<CAPTION>
                       WEST METRO FINANCIAL SERVICES, INC.

                             SELECTED FINANCIAL DATA
                      (in thousands except per share data)


                                         2002        2001
<S>                                  <C>           <C>
FOR THE YEAR
  Net interest income expense        $ 1,144,245       (77)
  Provision for loan losses              500,000         -
  Noninterest income                     312,227         -
  Noninterest expense                  1,481,382   252,106
  Net loss                           $   524,910   252,183

PER COMMON SHARE
  Basic earnings (loss)              $      (.44)     (.21)
  Diluted earnings (loss)                   (.44)     (.21)
  Cash dividends declared                      -         -
  Book value                         $      9.27       N/A

AT YEAR END
  Loans, net                         $39,212,970
  Earnings assets                     43,544,140
  Assets                              45,987,265
  Deposits                            34,719,753
  Shareholders' equity               $11,123,082
  Common shares outstanding            1,200,000

AVERAGE BALANCES
  Loans                              $22,710,122
  Earnings assets                     28,203,129
  Assets                              31,785,712
  Deposits                            20,243,192
  Stockholders' equity               $10,706,890
  Weighted average shares
    outstanding                        1,200,000

KEY PERFORMANCE RATIOS
  Return on average assets                (2.22)%
  Return on average stockholders'
    equity                                (6.43)%
  Net interest margin                       5.25%
  Dividend payout ratio                        -         -
  Average equity to average assets         33.68%
</TABLE>


ITEM 7.     CONSOLIDATED FINANCIAL STATEMENTS

     The Consolidated Financial Statements of the Company are incorporated
herein by reference to Exhibit 13.1 of this Annual Report on Form 10-KSB for the
year ended December 31, 2002.


                                       29
<PAGE>
ITEM 8.     CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
            FINANCIAL DISCLOSURE

     None.

                                    PART III

ITEM 9.     DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
            COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

     Set forth below is information regarding the directors and executive
officers of the Company.  Each of the directors of the Company also serves as
directors of the Bank.  The Company, as the sole shareholder of the Bank, will
nominate each of the following individuals to serve as a director of the Bank at
the Bank's shareholders' meeting.  Directors of the Bank serve for a term of one
year and are elected by the Company each year at the Bank's annual meeting of
shareholders.  The Bank's officers are appointed by and hold office at the will
of its board of directors.

     The following table sets forth for each director and executive officer of
the Company (1) the person's name, (2) his or her age at December 31, 2002, (3)
the year he or she was first elected as a director of the Company, and (4) his
or her positions with the Company other than as a director and his or her other
business experience for the past five years.


                                       30
<PAGE>
<TABLE>
<CAPTION>
                              DIRECTOR  POSITION WITH THE COMPANY
NAME (AGE)                     SINCE    AND BUSINESS EXPERIENCE
----------------------------  --------  ------------------------------------------------------
<S>                           <C>       <C>
J. Michael Womble (50)            2001  President, Chief Executive Officer and Chairman of
                                        the Company and Chief Executive Officer and
                                        Chairman of the Board of the Bank; previously Chief
                                        Executive Officer of First National Bank of Paulding
                                        County and Chairman of the Board of Directors;
                                        Organizer/Owner of Southlife Homes, Inc. (residential
                                        building and development)

Johnny L. Blankenship (44)        2001  President and Owner of Blankenship Homes
                                        (residential building and development)

William A. Carruth, Jr. (44)      2001  Vice Chairman of the Board of Directors of the
                                        Company and the Bank; President and Owner of
                                        Carruth Wood Products (engineer and survey
                                        supplies) and Aiken Grading Company (construction
                                        contractors)

Harold T. Echols (52)             2001  Project Manager for AT&T Communications

Kathy Hulsey (49)                       Chief Financial Officer and Senior Vice President of
                                        the Company and the Bank; previously Chief
                                        Financial Officer and Senior Vice President of
                                        Premier National Bank of Dalton and Vice President
                                        and Controller of First National Bank of Paulding
                                        County

G. Wayne Kirby (64)               2001  President, Chief Executive Officer and Owner of
                                        PKW Supply Company, Inc. (building supplies)

Claude K. Rainwater (64)          2001  Owner of Rainwater Motor Company (used car
                                        company), Style Financial Acceptance (automobile
                                        financing), and Independent Car Rental

James C. Scott, Jr. (57)          2001  Executive Vice President of MATSCO, Inc., parent
                                        company of C.W. Matthews Contracting Company
                                        (construction company)

Joey Tidwell (45)                 2002  Owner of JMC Development, Inc. (real estate
                                        development)
</TABLE>

     The Company is filing this Annual Report on Form 10-KSB pursuant to Section
15(d) of the Securities and Exchange Act and is not subject to filings required
by Section 16 of the Securities and Exchange Act.


                                       31
<PAGE>
ITEM  10.  EXECUTIVE  COMPENSATION

COMPENSATION OF EXECUTIVE OFFICERS

     SUMMARY COMPENSATION TABLE. The following table presents the total
compensation of the Company paid during fiscal years 2001 and 2002 to its chief
executive officer.  No other executive officer of the Company earned over
$100,000 in salary and bonus during fiscal years 2001 and 2002.

<TABLE>
<CAPTION>
                                                     Annual Compensation             Long Term Compensation
                                             -----------------------------------  ----------------------------
                                                                      Other
                                                                      Annual      Number of      All Other
                                              Salary     Bonus     Compensation   Securities  Compensation(1)
Name and Position                      Year     ($)       ($)          ($)        Underlying        ($)
                                                                                   Options
--------------------------------------------------------------------------------------------------------------
<S>                                    <C>   <C>        <C>        <C>            <C>         <C>
James M. ("Mickey") Womble,
President and Chief Executive Officer  2002  $150,000   $10,000         $0          21,000           $0
                                       2001  $ 77,575   $     0         $0               0           $0
<FN>
     (1)  We have omitted information on "perks" and other personal benefits
          because the aggregate value of these items does not meet the minimum
          amount required for disclosure under the Securities and Exchange
          Commission's regulations.
</TABLE>

     EMPLOYMENT AGREEMENTS.

     J. MICHAEL WOMBLE.  The Company entered into an employment agreement with
J. Michael Womble on May 1, 2001 pursuant to which Mr. Womble serves as
President and Chief Executive Officer of the Company and the Bank, for a term of
three years.  At the end of the initial three-year term of Mr. Womble's
employment agreement, and at the end of each succeeding day, the agreement will
be extended for an additional day, so that the unexpired term is always three
years, unless either of the parties gives notice of intent not to extend the
agreement.

     Mr. Womble's annual base salary under the agreement is $150,000.  Beginning
with the year ending December 31, 2002, he may be entitled to receive a bonus
equal to 25% of his base salary if the Bank meets or exceeds the board of
directors' performance targets for the Bank.  Furthermore, based on the same
eligibility criteria, Mr. Womble may receive a separate bonus in an amount equal
to 15% of the Bank's pre-tax profits, up to 25% of his base salary.  In
addition, Mr. Womble will be entitled to a one-time, cash bonus in an amount
equal to 10% of his annual base salary, if and when the Bank first becomes and
remains cumulatively profitable for a period of three consecutive months.  Mr.
Womble also receives health insurance, membership fees to a country club and a
monthly automobile allowance in the amount of $750.

     Pursuant to Mr. Womble's employment agreement, the Company granted him a
non-qualified option to purchase 21,000 shares of the Company's common stock at
$10.00 per share on March 25, 2002, the date the Bank opened for business.  Mr.
Womble's option was issued under our stock incentive plan and constitutes
approximately 38% of the shares reserved for issuance under the plan.  Mr.
Womble's option generally becomes exercisable in equal one-third annual
increments over a three-year period beginning on the one-year anniversary of the
Bank opening for business.  In addition, the Company will grant Mr. Womble an
annual option to purchase 3,000 shares of our common stock if the Bank


                                       32
<PAGE>
successfully reaches its designated performance targets for the fiscal year.
The annual option will be granted at an exercise price per share no greater than
fair market value as determined on the grant date.

     We will be obligated to pay Mr. Womble his base salary for 12 months if one
of the following terminating events occurs:

     -    Mr. Womble becomes permanently disabled;

     -    the Bank terminates Mr. Womble's employment without cause; or

     -    Mr. Womble terminates his employment for cause.

     Additionally, upon a change of control of the Company, Mr. Womble will be
entitled to severance compensation in an amount equal to three times his then
effective base salary if the Company or its successor terminates his employment
other than for cause.  Cause for terminating employment is defined in the
agreement.

     The agreement also generally provides that, for a period of 12 months
following the termination of Mr. Womble's employment, he will not compete with
the Bank in the banking business nor solicit our customers nor our employees.
The non-competition and non-solicitation provisions of the agreement only apply
if Mr. Womble terminates his employment without cause or in connection with a
change of control, or if we terminate his employment with cause.

DIRECTOR COMPENSATION

     Neither the Company nor the Bank will separately compensate its directors
for their service as directors until the Bank earns a cumulative profit.
Thereafter, the Bank will adopt compensatory policies for its directors that
conform to applicable law.

OPTION GRANTS IN FISCAL YEAR 2002

     The following table sets forth information at December 31, 2002, and for
the fiscal year then ended, concerning stock options granted to the executive
officer listed below.  The listed executive officer did not exercise any options
to purchase common stock of the Company during 2002.  We have not granted any
stock appreciation rights, restricted stock or stock incentives other than stock
options.

<TABLE>
<CAPTION>
                                      Percent of
                      Number of     Total Options
                     Securities       Granted to
                     Underlying      Employees in   Exercise Price
NAME               Options Granted   Fiscal Year       Per Share     Expiration Date
-----------------  ---------------  --------------  ---------------  ---------------
<S>                <C>              <C>             <C>              <C>
J. Michael Womble
                            21,000          100.0%  $         10.00        3/25/2012
</TABLE>

OPTIONS EXERCISED IN FISCAL YEAR 2002

     No options were exercised by our named executive officers in fiscal year
2002.


                                       33
<PAGE>
ITEM 11.     SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

     The following table sets forth the number of shares of the Company's common
stock beneficially owned as of March 1, 2002 by (a) each executive officer and
director of the Company, (b) all executive officers and directors, as a group,
and (c) the shareholders owning more than 5% of the Company's outstanding common
stock.  The information shown below is based upon information furnished to the
Company by the named persons.  Unless otherwise indicated, each person is the
record owner and has sole voting and investment power with respect to his or her
shares.  The Company is unaware of any other shareholder owning more than 5% of
the Company's outstanding common stock.

     Information relating to beneficial ownership of the Company is based upon
"beneficial ownership" concepts set forth in the rules promulgated under the
Securities Exchange Act.  Under these rules a person is deemed to be a
"beneficial owner" of a security if that person has or shares "voting power,"
which includes the power to vote or to direct the voting of a security, or
"investment power," which includes the power to dispose or to direct the
disposition of a security.  Under the rules, more than one person may be deemed
to be a beneficial owner of the same securities.  A person is also deemed to be
a beneficial owner of any security as to which that person has the right to
acquire beneficial ownership within sixty (60) days of the date of this Annual
Report on Form 10-KSB.

<TABLE>
<CAPTION>
NAME OF BENEFICIAL OWNER                  NUMBER OF SHARES   PERCENT OF CLASS
----------------------------------------  -----------------  -----------------
<S>                                       <C>                <C>
J. Michael Womble (50)
2900 Rome Road                                   217,265(1)              18.1%
Cedartown, Georgia 30125

Johnny L. Blankenship (44)
5303 Slater Mill Circle                             40,000                3.3%
Douglasville, Georgia 30135

William A. Carruth, Jr. (44)
980 Hiram-Acworth Highway                         75,900(2)               6.3%
Hiram, Georgia 30141

Harold T. Echols (52)
4645 Macland Road                                   20,000                1.7%
Hiram, Georgia 30141

Kathy Hulsey (49)
502 Zion Church Road                               3,200(3)                 *
Dallas, Georgia 30157

G. Wayne Kirby (64)
8274 Cartersville Highway                         21,500(4)               1.8%
Dallas, Georgia 30132


                                       34
<PAGE>
NAME OF BENEFICIAL OWNER                  NUMBER OF SHARES   PERCENT OF CLASS
----------------------------------------  -----------------  -----------------

Claude K. Rainwater, Jr. (64)
4019 Cole Road                                      20,000                1.7%
Villa Rica, Georgia 30180

James C. Scott, Jr. (57)
5080 Due West Road                                42,500(5)               3.4%
Powder Springs, Georgia 30127

Joey Tidwell (45)
82 River Ridge Church Road                          90,000                7.5%
Dallas, Georgia 30157

All organizers, directors and executive
 officers as a group (9 persons)                   530,365               44.2%
                                          =================  =================


ADDITIONAL 5% SHAREHOLDERS
----------------------------------------

Wayne Tibbits                                     62,500(6)               5.2%

The Crestwood Suites Trust                          60,000                5.0%

<FN>
_______________________
*    Less than 1% of class

(1)  Includes 200 shares owned by Mr. Womble's spouse as a joint tenant with his
     spouse's parent. Also includes 7,000 shares that Mr. Womble has the right
     to acquire by exercising options that are exercisable within 60 days after
     the record date.

(2)  Includes 900 shares owned by Mr. Carruth's spouse.

(3)  Includes 200 shares owned by Ms. Hulsey's spouse.

(4)  Includes 1,500 shares owned by Mr. Mr. Kirby's spouse.

(5)  Includes 10,000 shares owned by MATSCO, Inc., of which Mr. Scott is
     Executive Vice President.

(6)  Includes 10,000 shares owned by Mr. Tibbits spouse.
</TABLE>

     The  following  table sets forth information regarding the Company's equity
compensation  plans  under  which  shares  of  the  Company's  common  stock are
authorized  for  issuance.  The  only equity compensation plan maintained by the
Company  is  the  West Metro Financial Services, Inc. 2001 Stock Incentive Plan.

<TABLE>
<CAPTION>
                                                                                       Number of shares
                                                                                   remaining available for
                           Number of securities to be  Weighted-average exercise  future issuance under the
                            issued upon exercise of            price of                 Plan (excludes
                              outstanding options         outstanding options        outstanding options)
                           --------------------------  -------------------------  --------------------------
<S>                        <C>                         <C>                        <C>
Equity compensation plans
approved by security
holders                                    21,000                          10.00                      34,000

Equity compensation plans
not approved by security
holders                                   300,000 (1)                      10.00                           0

Total                                     321,000                          10.00                      34,000
<FN>
(1)  Each of our organizing directors devoted substantial time and effort to the
     activities  necessary  to  organize the Company and the Bank. Additionally,
     each  of  them  agreed  to  guarantee  indebtedness  of  the  Company.  In
     consideration of these efforts and in recognition of their financial risks,
     each of our organizing directors received a warrant to purchase a number of
     shares of common stock equal to the number of shares he or she purchased in
     the  offering,  up to an aggregate maximum of 300,000. Since our organizing
     directors  purchased  an  aggregate of more than 300,000 shares the initial
     public  offering,  the  aggregate  maximum  number of shares subject to the
     warrants  was  allocated among our organizing directors on a pro rata basis
     based  on the number of shares the director purchased in the initial public
     offering.
</TABLE>


ITEM 12.     CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     Our directors, officers and their affiliates, including members of their
families or businesses and other organizations with which they are associated,
make banking and other transactions in the ordinary course of business with the
Bank.  It is the policy of the Bank that any loans or other transactions with
those persons or entities (a) are made in accordance with applicable law and the
Bank's lending policies, (b) are made on substantially the same terms, including
price, interest rates and collateral, as those prevailing at the time for
comparable transactions with other unrelated parties of similar standing, and
(c) are not expected to involve more than the normal risk of collectibility or
present other unfavorable features to the Company and the Bank.  In addition,


                                       35
<PAGE>
all transactions with our directors, officers and their affiliates are on terms
no less favorable than could be obtained from an unaffiliated third party, and
must be approved by a majority of our directors, including a majority of the
directors who do not have an interest in the transaction.

     In addition to the transactions in the ordinary course of business, we have
entered into the following transactions with the directors indicated:

-    GRADING OF MAIN OFFICE SITE. We employed Aiken Grading Company to provide
     grading services for our main office site. William A. Carruth, Jr., our
     Vice Chairman of the Board of Directors, is president and owner of Aiken
     Grading. We paid Aiken Grading $146,521 for these services. We believe that
     the price of the grading services provided by Aiken Grading was no more
     expensive than what we could have obtained from an unrelated third party.

-    PAVING OF MAIN OFFICE SITE. We employed C.W. Mathews Contracting Company to
     pave our main office site. James C. Scott, one of our directors serves as
     executive vice president of MATSCO, Inc., the parent company of C.W.
     Mathews. We paid C.W. Mathews $62,589 to pave our main office site. We do
     not believe that we could have received a better price from an unrelated
     third party.

ITEM 13.     EXHIBITS, LISTS AND REPORTS ON FORM 8-K

(a)     Exhibits

<TABLE>
<CAPTION>
Exhibit
Number   Exhibit
-------  ------------------------------------------------------------------------
<C>      <S>
3.1      Articles of Incorporation(1)

3.2      Bylaws(1)

4.1      Specimen Common Stock Certificate(1)

4.2      See Exhibits 3.1, 3.2 and 3.3 for provisions of the Articles of
         Incorporation and Bylaws defining rights of holders of the Common
         Stock

10.1     Purchase Agreement by and between West Metro Financial Services,
         Inc. and J. Michael Womble and Thomas Aiken dated May 30, 2001
         (permanent facility)(1)

10.2     Purchase Agreement by and between West Metro Financial Services,
         Inc. and Southern Bank Supplies, Inc. dated August 21, 2001
         (temporary facility)(3)

10.3     Form of West Metro Financial Services, Inc. Organizers' Warrant
         Agreement (1)

10.4     West Metro Financial Services, Inc. 2001 Stock Incentive Plan(1) (2)

10.5     Form of Non-Qualified Option and form of an Incentive Stock
         Option(1) (2)


                                       36
<PAGE>
Exhibit
Number   Exhibit
-------  ------------------------------------------------------------------------

10.6     Employment Agreement dated as of June 1, 2001 by and between First
         National Bank West Metro (In Organization), West Metro Financial
         Services, Inc. and J. Michael Womble(1) (2)

10.7     Employment Agreement dated as of June 29, 2001 by and between First
         National Bank West Metro (In Organization), West Metro Financial
         Services, Inc. and Kathy Hulsey(1) (2)

13.1     West Metro Financial Services Inc. Consolidated Financial Statements
         as of December 31, 2002

22.1     Subsidiaries of Registrant

24.1     Power of Attorney (appears on the signature pages to this Annual Report
         on Form 10-KSB)

99.1     Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to
         Section 906 of the Sarbanes-Oxley Act of 2002

99.2     Proxy Statement for 2003 Annual Meeting to be held on April 24,2003
<FN>
_________________________
(1)  Previously filed as an exhibit of the same number to the Registration
     Statement on Form SB-2 (Registration No. 333-67494), as filed with the SEC
     on August 14, 2001.

(2)  Indicates a compensatory plan or contract.

(3)  Previously filed as an exhibit of the same number to Amendment No. 1 to the
     Registration Statement on Form SB-2 (Registration No. 333-67494), as filed
     with the SEC on September 26, 2001.
</TABLE>

(b)     Reports on Form 8-K filed in the fourth quarter of 2002:  None.


SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED
PURSUANT TO SECTION 15(D) OF THE EXCHANGE ACT BY NON-REPORTING ISSUERS.

     The Company plans to provide its audited financial statements to
shareholders.  The Company's financial statements are included in this Annual
Report on Form 10-KSB.  See "Part II--Item7.  Financial Statements."

ITEM 14.     CONTROLS AND PROCEDURES

     Within 90 days prior to the date of this report, the Company carried out an
evaluation,  under  the  supervision and with the participation of the Company's
management,  including the Company's Chief Executive Officer and Chief Financial
Officer,  of  the  effectiveness  of  the  design and operation of the Company's
disclosure  controls and procedures pursuant to Exchange Act Rule 13a-14.  Based
upon  that evaluation, the Company's Chief Executive Officer and Chief Financial
Officer  concluded  that  the  Company's  disclosure controls and procedures are
effective  in  timely  alerting  them  to  material  information relating to the
Company  (including  its  consolidated  subsidiaries)  that  is  required  to be


                                       37
<PAGE>
included  in  the  Company's  periodic  filings with the Securities and Exchange
Commission.  There  have  been  no significant changes in the Company's internal
controls  or,  to  the  Company's  knowledge,  in  other  factors  that  could
significantly  affect those internal controls subsequent to the date the Company
carried  out  its  evaluation,  and  there  have been no corrective actions with
respect  to  significant  deficiencies  and  material  weaknesses.


                                       38
<PAGE>
                                   SIGNATURES

     Pursuant  to  the  requirements  of  Section  13 or 15(d) of the Securities
Exchange  Act  of  1934, the Company has duly caused this Report to be signed on
its  behalf  by  the  undersigned,  thereunto  duly  authorized.


                                     WEST METRO FINANCIAL SERVICES, INC.


                                     By:   /s/J. Michael Womble
                                           -------------------------------------
                                           J. Michael Womble
                                           President and Chief Executive Officer

                                     Date: March 20, 2003



                               POWER OF ATTORNEY

     KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears on
the signature page to this Report constitutes and appoints J. Michael Womble and
William A. Carruth, Jr., his or her true and lawful attorneys-in-fact and
agents, with full power of substitution and resubstitution, for him or her and
in his or her name, place, and stead, in any and all capacities, to sign any and
all amendments to this Report, and to file the same, with all exhibits hereto,
and other documents in connection herewith with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, full power and
authority to do and perform each and every act and thing requisite and necessary
to be done in and about the premises, as fully to all intents and purposes as
they might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents or their substitute or substitutes, may lawfully do
or cause to be done by virtue hereof.

     Pursuant to the requirements of the Securities Exchange Act of 1934, this
Report has been signed below by the following persons on behalf of the Company
and in the capacities and on the dates indicated.

SIGNATURE                                 TITLE                  DATE
-----------------------------  ---------------------------  --------------

                               President, Chief Executive
                               Officer and Chairman of the
 /s/ J. Michael Womble         Board of Directors           March 20, 2003
-----------------------------
J. Michael Womble*


 /s/ Johnny L. Blankenship     Director                     March 20, 2003
-----------------------------
Johnny L. Blankenship


                                       39
<PAGE>
SIGNATURE                                 TITLE                  DATE
-----------------------------  ---------------------------  --------------

 /s/ William A. Carruth, Jr.   Director                     March 20, 2003
-----------------------------
William A. Carruth, Jr.


 /s/Harold T. Echols           Director                     March 20, 2003
-----------------------------
Harold T. Echols


 /s/ Kathy Hulsey              Chief Financial Officer      March 20, 2003
-----------------------------
Kathy Hulsey**


 /s/ G. Wayne Kirby            Director                     March 20, 2003
-----------------------------
G. Wayne Kirby


 /s/ Claude K. Rainwater, Jr.  Director                     March 20, 2003
-----------------------------
Claude K. Rainwater, Jr.


 /s/ James C. Scott, Jr.       Director                     March 20, 2003
-----------------------------
James C. Scott, Jr.



 /s/ Joey Tidwell              Director                     March 20, 2003
-----------------------------
Joey Tidwell

____________________________
*   Principal executive officer.
**  Principal financial and accounting officer.


                                       40
<PAGE>
                                  CERTIFICATION


     I, J. Michael Womble, certify that:

     1.  I have reviewed this annual report on Form 10-KSB of West Metro
Financial Services, Inc. (the "Registrant");

     2.  Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

     3.  Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
Registrant as of, and for, the periods presented in this annual report;

     4.  The Registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and have:

     a)  designed such disclosure controls and procedures to ensure that
material information relating to the Registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this annual report is being prepared;

     b)  evaluated the effectiveness of the Registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and

     c)  presented in this annual report our conclusions about the effectiveness
of the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

     5.  The Registrant's other certifying officers and I have disclosed, base
on our most recent evaluation, to the Registrant's auditors and the audit
committee of Registrant's board of directors (or persons performing the
equivalent functions):

     a)  all significant deficiencies in the design or operation of internal
controls which could adversely affect the Registrant's ability to record,
process, summarize and report financial data and have identified for the
Registrant's auditors any material weaknesses in internal controls; and

     b)  any fraud, whether or not material, that involves management or other
employees who have a significant role in the Registrant's internal controls; and

     6.  The Registrant's other certifying officers and I have indicated in this
annual report whether there were significant changes in internal controls or in
other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


Date: March 31, 2003                         J. Michael Womble
                                             ----------------------------
                                             J. Michael Womble
                                             Chief Executive Officer


                                       41
<PAGE>
                                  CERTIFICATION


     I, Kathy Hulsey, certify that:

     1.  I have reviewed this annual report on Form 10-KSB of West Metro
Financial Services, Inc. (the "Registrant");

     2.  Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

     3.  Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
Registrant as of, and for, the periods presented in this annual report;

     4.  The Registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and have:

     a)  designed such disclosure controls and procedures to ensure that
material information relating to the Registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this annual report is being prepared;

     b)  evaluated the effectiveness of the Registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and

     c)  presented in this annual report our conclusions about the effectiveness
of the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

     5.  The Registrant's other certifying officers and I have disclosed, base
on our most recent evaluation, to the Registrant's auditors and the audit
committee of Registrant's board of directors (or persons performing the
equivalent functions):

     a)  all significant deficiencies in the design or operation of internal
controls which could adversely affect the Registrant's ability to record,
process, summarize and report financial data and have identified for the
Registrant's auditors any material weaknesses in internal controls; and

     b)  any fraud, whether or not material, that involves management or other
employees who have a significant role in the Registrant's internal controls; and

     6.  The Registrant's other certifying officers and I have indicated in this
annual report whether there were significant changes in internal controls or in
other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


Date: March 31, 2003                         /s/ Kathy Hulsey
                                             ----------------------------
                                             Kathy Hulsey
                                             Chief Financial Officer


                                       42
<PAGE>
                                  EXHIBIT INDEX
                                  -------------

(a)     Exhibits

<TABLE>
<CAPTION>
Exhibit
Number   Exhibit
-------  ------------------------------------------------------------------------
<C>      <S>

3.1      Articles of Incorporation(1)

3.2      Bylaws(1)

4.1      Specimen Common Stock Certificate(1)

4.2      See Exhibits 3.1, 3.2 and 3.3 for provisions of the Articles of
         Incorporation and Bylaws defining rights of holders of the Common
         Stock

10.1     Purchase Agreement by and between West Metro Financial Services,
         Inc. and J. Michael Womble and Thomas Aiken dated May 30, 2001
         (permanent facility)(1)

10.2     Purchase Agreement by and between West Metro Financial Services,
         Inc. and Southern Bank Supplies, Inc. dated August 21, 2001
         (temporary facility)(3)

10.3     Form of West Metro Financial Services, Inc. Organizers' Warrant
         Agreement (1)

10.4     West Metro Financial Services, Inc. 2001 Stock Incentive Plan(1) (2)

10.5     Form of Non-Qualified Option and form of an Incentive Stock
         Option(1) (2)

10.6     Employment Agreement dated as of June 1, 2001 by and between First
         National Bank West Metro (In Organization), West Metro Financial
         Services, Inc. and J. Michael Womble(1) (2)

10.7     Employment Agreement dated as of June 29, 2001 by and between First
         National Bank West Metro (In Organization), West Metro Financial
         Services, Inc. and Kathy Hulsey(1) (2)

13.1     West Metro Financial Services Inc. Consolidated Financial Statements
         as of December 31, 2002


                                       43
<PAGE>
Exhibit
Number   Exhibit
-------  ------------------------------------------------------------------------

22.1     Subsidiaries of Registrant

24.1     Power of Attorney (appears on the signature pages to this Annual Report
         on Form 10-KSB)

99.1     Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to
         Section 906 of the Sarbanes-Oxley Act of 2002

99.2     Proxy Statement for 2003 Annual Meeting of Shareholders to be held
         on April 24, 2003
<FN>
_________________________
(1)  Previously filed as an exhibit of the same number to the Registration
     Statement on Form SB-2 (Registration No. 333-67494), as filed with the SEC
     on August 14, 2001.

(2)  Indicates a compensatory plan or contract.

(3)  Previously filed as an exhibit of the same number to Amendment No. 1 to the
     Registration Statement on Form SB-2 (Registration No. 333-67494), as filed
     with the SEC on September 26, 2001.
</TABLE>


                                       44
<PAGE>