An auditing client applied for a bank loan from First Bank. In connection with the loan applications, the client engaged its auditor to audit its financial statements, and the auditor issued and unqualified opinion. Based on those statements, First Bank loaned money to the client. Shortly thereafter, the client filed for bankruptcy, and Fist Bank sued the auditor for damages. The audit documentation showed negligence and possible other misconduct in performing the audit,

Under what circumstances is First Bank and identified users?

What exceptions to the identified user test might First Bank argue?