First Western Financial, Inc. (MYFW)

First Western Financial Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	232.31	236.04	254.44	196.51	386.98	155.99
Investment Securities	45.84	33.27	32.72	30.39	17.4	10.23
Trading Asset Securities	1.78	1.42	1.11	-	-	-
Mortgage-Backed Securities	76.07	51.97	50.23	56.99	43.47	30.37
Total Investments	123.69	86.66	84.06	87.38	60.87	40.6
Gross Loans	2,540	2,426	2,531	2,469	1,949	1,534
Allowance for Loan Losses	-18.99	-18.33	-23.93	-17.18	-13.73	-12.54
Other Adjustments to Gross Loans	-	-	-	-	-	-1.35
Net Loans	2,521	2,407	2,507	2,452	1,935	1,520
Property, Plant & Equipment	44.06	43.29	34.19	33.72	34.7	16.66
Goodwill	30.4	30.4	30.4	30.4	30.59	24.19
Other Intangible Assets	1.12	1.23	1.45	1.7	1.31	0.07
Loans Held for Sale	24.15	25.71	7.25	10.8	30.62	161.84
Accrued Interest Receivable	10.78	10.36	11.43	10.45	7.15	6.62
Other Receivables	9.35	10.47	9.56	6.85	7.22	6.29
Other Current Assets	-	-	-	-	0.12	-
Long-Term Deferred Tax Assets	2.81	3.08	6.41	6.91	6.85	6.06
Other Real Estate Owned & Foreclosed	4.39	35.93	-	-	-	0.19
Other Long-Term Assets	22.63	22.81	22.16	22.71	24.06	32.34
Total Assets	3,027	2,919	2,975	2,867	2,527	1,974
Interest Bearing Deposits	2,031	2,042	1,955	1,744	1,494	1,065
Institutional Deposits	136.33	96.31	91.04	77.97	75.75	73.4
Non-Interest Bearing Deposits	361.66	375.6	482.58	583.09	636.3	481.46
Total Deposits	2,529	2,514	2,529	2,405	2,206	1,620
Short-Term Borrowings	163.27	56.16	42.02	131.7	-	0.1
Current Portion of Long-Term Debt	-	-	81	10	5	-
Current Portion of Leases	1.15	3.05	-	-	-	-
Accrued Interest Payable	1.41	2	3.79	1.13	0.36	0.45
Long-Term Debt	45.96	54.6	55.88	57.52	62.66	158.85
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	10	15
Long-Term Leases	20.12	17.91	10.9	11.16	13.86	13.97
Other Long-Term Liabilities	7.02	18.99	10.2	9.35	10.87	10.51
Total Liabilities	2,768	2,667	2,733	2,626	2,308	1,819
Additional Paid-In Capital	193.4	193.59	192.89	190.49	188.63	144.7
Retained Earnings	66.2	59.52	51.04	51.89	30.19	9.58
Comprehensive Income & Other	-0.75	-0.78	-1.2	-1.52	0.22	0.68
Shareholders' Equity	258.85	252.32	242.74	240.86	219.04	154.96
Total Liabilities & Equity	3,027	2,919	2,975	2,867	2,527	1,974
Total Debt	230.49	131.72	189.79	210.38	91.52	187.92
Net Cash (Debt)	3.6	105.74	65.76	-13.87	295.46	-31.94
Net Cash Growth	-	60.80%	-	-	-	-
Net Cash Per Share	0.37	10.84	6.76	-1.43	35.88	-4.01
Filing Date Shares Outstanding	9.72	9.7	9.62	9.51	9.43	7.96
Total Common Shares Outstanding	9.72	9.67	9.58	9.5	9.42	7.95
Book Value Per Share	26.64	26.10	25.33	25.37	23.25	19.49
Tangible Book Value	227.32	220.7	210.88	208.76	187.14	130.7
Tangible Book Value Per Share	23.39	22.83	22.01	21.99	19.87	16.44

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

SEC Filings: 10-K · 10-Q