First Western Financial, Inc. (MYFW)

First Western Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	141.52	140.69	136.76	96.52	60.76	52
Interest Income on Investments	14.08	11.96	8.79	4.68	1.25	1.34
Total Interest Income	155.59	152.65	145.56	101.2	62.01	53.33
Interest Paid on Deposits	78.82	82.54	65.46	13.01	3.48	5.79
Interest Paid on Borrowings	5.07	5.79	8.99	4.26	1.93	1.44
Total Interest Expense	83.89	88.33	74.45	17.27	5.42	7.23
Net Interest Income	71.7	64.32	71.11	83.93	56.6	46.1
Net Interest Income Growth (YoY)	12.47%	-9.54%	-15.28%	48.29%	22.76%	43.80%
Trust Income	18.48	19.19	18.79	18.94	20.2	19.02
Gain (Loss) on Sale of Assets	0.46	-	-	0.05	-	-0.55
Gain (Loss) on Sale of Investments	-0.03	-0.03	-0.02	0.35	0.47	-
Other Non-Interest Income	4.12	4.71	2.54	4.72	3.31	2.88
Total Non-Interest Income	26.95	27.68	21.95	27.74	40.04	50.63
Non-Interest Income Growth (YoY)	-1.29%	26.12%	-20.87%	-30.73%	-20.91%	55.41%
Revenues Before Loan Losses	98.65	92	93.05	111.66	96.64	96.73
Provision for Loan Losses	3.14	1.93	10.36	3.68	1.23	4.68
Revenue	95.51	90.07	82.7	107.98	95.41	92.05
Revenue Growth (YoY)	19.92%	8.92%	-23.41%	13.18%	3.65%	43.88%
Salaries and Employee Benefits	43.66	43.55	43.36	45.69	37.3	32.23
Occupancy Expenses	2.73	2.63	2.68	2.27	1.19	0.85
Amortization of Goodwill & Intangibles	0.21	0.23	0.25	0.31	0.02	0.01
Selling, General & Administrative	25.16	24.65	23.97	26.35	22.27	21.61
Other Non-Interest Expense	7.2	7.44	5.37	4.55	3.25	3.43
Total Non-Interest Expense	78.96	78.49	75.64	79.15	64.03	58.3
EBT Excluding Unusual Items	16.55	11.58	7.06	28.83	31.38	33.75
Pretax Income	16.55	11.58	7.06	28.83	27.28	33.06
Income Tax Expense	3.93	3.11	1.84	7.13	6.67	8.53
Earnings From Continuing Operations	-	8.47	5.23	21.7	20.61	24.53
Net Income	12.62	8.47	5.23	21.7	20.61	24.53
Net Income to Common	12.62	8.47	5.23	21.7	20.61	24.53
Net Income Growth	403.67%	62.16%	-75.92%	5.28%	-15.99%	206.33%
Basic Shares Outstanding	10	10	10	9	8	8
Diluted Shares Outstanding	10	10	10	10	8	8
Shares Change (YoY)	0.78%	0.31%	0.13%	17.95%	3.43%	0.59%
EPS (Basic)	1.30	0.88	0.55	2.29	2.58	3.11
EPS (Diluted)	1.28	0.87	0.54	2.23	2.50	3.08
EPS Growth	391.62%	61.11%	-75.78%	-10.80%	-18.83%	204.95%
Effective Tax Rate	23.75%	26.82%	26.00%	24.73%	24.45%	25.80%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q