← First Western Financial Inc
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total interest and dividend income | $38.8m |
$45.1m
+16.12%
|
$53.3m
+18.39%
|
$61.9m
+16.11%
|
$100.5m
+62.25%
|
$145.6m
+44.87%
|
$152.7m
+4.87%
|
$159.8m
+4.67%
|
— | |
| Total non-interest income | $27.2m | $32.6m | $51.2m | $40.1m | $28.4m | $21.9m | $27.7m | $26.6m | — | |
| Net interest income | $30.6m |
$32.1m
+4.69%
|
$46.1m
+43.79%
|
$56.5m
+22.57%
|
$83.2m
+47.24%
|
$71.1m
-14.54%
|
$64.3m
-9.54%
|
$75.4m
+17.17%
|
$82.1m
+8.94%
|
|
| Salaries and employee benefits | $29.8m | $31.8m | $34.8m | $40.7m | $48.2m | $45.2m | $45.0m | $46.1m | — | |
| Total income before non-interest expense | $57.6m | $64.0m | $92.6m | $95.4m | $107.9m | $82.7m | $90.1m | $96.9m | — | |
| Total non-interest expense | $50.2m | $53.8m | $59.5m | $68.1m | $79.1m | $75.6m | $78.5m | $79.8m | — | |
| Total interest expense | $8.2m | $13.0m | $7.2m | $5.4m | $17.3m | $74.5m | $88.3m | $84.4m | — | |
| Net interest income, after provision for credit losses | $30.4m |
$31.4m
+3.14%
|
$41.4m
+31.92%
|
$55.3m
+33.46%
|
$79.5m
+43.86%
|
$60.8m
-23.61%
|
$62.4m
+2.70%
|
$70.3m
+12.75%
|
$82.1m
+16.72%
|
|
| Net gain (loss) on loans held for sale | — | — | — | — | ($12k) | ($178k) | ($105k) | $222k | — | |
| Net gain (loss) on loans accounted for under the fair value option | — | — | — | $0 | ($891k) | ($2.0m) | ($999k) | $6k | — | |
| Unrealized gain (loss) recognized on equity securities | — | — | — | $469k | $342k | ($22k) | ($33k) | $14k | — | |
| Income before income taxes | — | — | $33.1m | $27.3m | $28.8m | $7.1m | $11.6m | $17.1m | $23.9m | |
| Income tax expense | $1.8m | $2.2m | $8.5m | $6.7m | $7.1m | $1.8m | $3.1m | $3.9m | $5.5m | |
| Net income | $5.6m |
$8.0m
+41.83%
|
$24.5m
+206.33%
|
$20.6m
-15.99%
|
$21.7m
+5.28%
|
$5.2m
-75.92%
|
$8.5m
+62.16%
|
$13.2m
+55.65%
|
$18.4m
+39.80%
|
|
| Basic (in dollars per share) | $0.64 | $1.02 | $3.11 | $2.58 | $2.29 | $0.55 | $0.88 | $1.36 | — | |
| Diluted (in dollars per share) | $0.63 | $1.01 | $3.08 | $2.50 | $2.23 | $0.54 | $0.87 | $1.34 | — | |
| Loans, including fees | $37.0m | $42.0m | $52.0m | $60.8m | $94.4m | $135.4m | $140.1m | $145.4m | — | |
| Loans accounted for under the fair value option | — | — | — | $0 | $1.3m | $1.3m | $636k | $311k | — | |
| Investment securities | $1.1m | $1.3m | $878k | $770k | $2.1m | $2.5m | $2.7m | $4.5m | — | |
| Interest-bearing deposits in other financial institutions | $689k | $1.7m | $458k | $397k | $2.2m | $5.7m | $8.8m | $9.0m | — | |
| Dividends, restricted stock | — | — | — | $86k | $381k | $620k | $463k | $576k | — | |
| Deposits | $6.5m | $12.3m | $5.8m | $3.5m | $13.0m | $65.5m | $82.5m | $79.5m | — | |
| Other borrowed funds | $1.7m | $727k | $1.4m | $1.9m | $4.3m | $9.0m | $5.8m | $5.0m | — | |
| Less: Provision for credit losses | $180k | $662k | $4.7m | $1.2m | $3.7m | $10.4m | $1.9m | $5.0m | — | |
| Trust and investment management fees | $19.2m | $18.9m | $19.0m | $20.2m | $18.9m | $18.8m | $19.2m | $18.5m | — | |
| Net gain on mortgage loans | $4.6m | $10.6m | $29.3m | $16.1m | $5.3m | $2.8m | $4.9m | $4.4m | — | |
| Bank fees | $1.8m | $1.2m | $1.3m | $1.8m | $2.7m | $2.0m | $2.0m | $1.3m | — | |
| Risk management and insurance fees | $1.3m | $1.2m | $1.2m | $1.1m | $1.2m | $919k | $1.7m | $551k | — | |
| Income on company-owned life insurance | $393k | $377k | $363k | $354k | $349k | $378k | $431k | $455k | — | |
| Net gain on other real estate owned | — | — | — | — | — | — | $0 | $459k | — | |
| Other | $2.4m | $2.6m | $3.5m | $3.3m | $4.5m | $5.4m | $7.4m | $7.3m | — | |
| Occupancy and equipment | $5.9m | $5.6m | $6.0m | $6.0m | $7.5m | $7.6m | $8.3m | $8.2m | $7.7m | |
| Professional services | $3.5m | $3.5m | $5.0m | $6.5m | $7.9m | $7.6m | $8.0m | $7.7m | — | |
| Technology and information systems | $4.0m | $4.0m | $4.0m | $3.7m | $4.5m | $3.5m | $4.2m | $4.3m | — | |
| Data processing | $2.7m | $3.1m | $4.0m | $6.3m | $4.3m | $4.5m | $4.2m | $4.8m | — | |
| Marketing | $1.3m | $1.3m | $1.5m | $1.6m | $1.9m | $1.5m | $1.2m | $1.2m | — | |
| Amortization of other intangible assets | $831k | $374k | $14k | $17k | $308k | $250k | $226k | $206k | — |