← First Western Financial Inc
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Accrued interest receivable | $2.8m | $3.0m | $6.6m | $7.2m | $10.4m | $11.4m | $10.4m | $11.2m | |
| Accounts receivable | $4.5m | $5.2m | $4.9m | $5.3m | $4.9m | $5.1m | $4.8m | $4.6m | |
| Other receivables | $1.4m | $1.0m | $1.4m | $1.9m | $2.0m | $4.5m | $5.7m | $2.4m | |
| Total cash and cash equivalents | $73.4m | $78.6m | $156.0m | $387.0m | $196.5m | $254.4m | $236.0m | $200.3m | |
| Goodwill and other intangible assets, net | — | $19.7m | $24.3m | $31.9m | $32.1m | $31.9m | $31.6m | $31.4m | |
| Other assets | $3.7m | $16.5m | $32.1m | $22.7m | $21.5m | $24.5m | $35.9m | $38.4m | |
| Cash and due from banks | $1.6m | $4.2m | $2.4m | $6.5m | $4.9m | $7.3m | $9.8m | $9.8m | |
| Interest-bearing deposits in other financial institutions | $71.8m | $74.5m | $153.6m | $379.0m | $191.6m | $247.2m | $226.3m | $190.5m | |
| Available-for-sale debt securities, at fair value (amortized cost of $45,623 and $0, respectively) | — | — | — | $55.6m | $0 | — | $0 | $45.6m | |
| Held-to-maturity debt securities, net of allowance for credit losses of $74 and $71 (fair value of $90,635 and $68,161), respectively | — | — | — | — | — | — | $75.7m | $95.0m | |
| Correspondent bank stock, at cost | $2.5m | $585k | $2.6m | $2.6m | $7.1m | $7.2m | $5.9m | $6.8m | |
| Mortgage loans held for sale, at fair value | $14.8m | $48.3m | $161.8m | $30.6m | $8.8m | $7.3m | $25.5m | $40.2m | |
| Loans held for sale, at fair value | — | — | — | $0 | $2.0m | $0 | $251k | $0 | |
| Loans (includes $3,182 and $7,283 measured at fair value, respectively) | — | — | — | $1.9b | $2.5b | $2.5b | $2.4b | $2.7b | |
| Allowance for credit losses | — | — | — | — | ($17.2m) | ($23.9m) | ($18.3m) | ($21.4m) | |
| Loans, net | — | — | — | $1.9b | $2.5b | $2.5b | $2.4b | $2.6b | |
| Premises and equipment, net | $6.1m | $5.2m | $5.3m | $24.0m | $25.1m | $25.3m | $24.1m | $25.7m | |
| Other real estate owned, net | $658k | $658k | $194k | — | — | $0 | $35.9m | $3.0m | |
| Deferred tax assets, net | $4.3m | $5.0m | $6.1m | $6.8m | $6.9m | $6.4m | $3.1m | $4.0m | |
| Company-owned life insurance | $14.7m | $15.1m | $15.4m | $15.8m | $16.2m | $16.5m | $17.0m | $17.4m | |
| Noninterest-bearing | $202.9m | $240.1m | $481.5m | $636.3m | $583.1m | $482.6m | $375.6m | $345.0m | |
| Interest-bearing | $734.9m | $846.7m | $1.1b | $1.6b | $1.8b | $2.0b | $2.1b | $2.4b | |
| Federal Home Loan Bank and Federal Reserve borrowings | $15.0m | $10.0m | $149.6m | $38.6m | $146.9m | $125.7m | $57.0m | $62.8m | |
| Subordinated notes | $6.6m | $6.6m | $24.3m | $39.0m | $52.1m | $52.3m | $52.6m | $44.8m | |
| Other liabilities | $7.9m | $20.2m | $24.5m | $24.7m | $20.5m | $21.8m | $40.9m | $33.9m | |
| Total deposits | $937.8m | $1.1b | $1.6b | $2.2b | $2.4b | $2.5b | $2.5b | $2.7b | |
| Total shareholders’ equity | $116.9m | $127.7m | $155.0m | $219.0m | $240.9m | $242.7m | $252.3m | $265.6m | |
| Total assets | $1.1b | $1.3b | $2.0b | $2.5b | $2.9b | $3.0b | $2.9b | $3.2b | |
| Accrued interest payable | $231k | $299k | $453k | $355k | $1.1m | $3.8m | $2.0m | $1.3m | |
| Total liabilities | $967.4m | $1.1b | $1.8b | $2.3b | $2.6b | $2.7b | $2.7b | $2.9b | |
| Preferred stock - no par value; 10,000,000 shares authorized; 0 issued and outstanding | — | — | — | 0 | 0 | 0 | 0 | 0 | |
| Common stock - no par value; 90,000,000 shares authorized; 9,725,731 and 9,667,142 shares issued and outstanding as of December 31, 2025 and 2024, respectively | — | — | — | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | $141.4m | $142.8m | $144.7m | $188.6m | $190.5m | $192.9m | $193.6m | $194.2m | |
| Retained earnings | ($23.2m) | ($15.0m) | $9.6m | $30.2m | $51.9m | $51.0m | $59.5m | $72.7m | |
| Accumulated other comprehensive loss | ($1.3m) | ($164k) | $680k | $223k | ($1.5m) | ($1.2m) | ($778k) | ($1.3m) | |
| Total liabilities and shareholders’ equity | $1.1b | $1.3b | $2.0b | $2.5b | $2.9b | $3.0b | $2.9b | $3.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.