First Western Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	153.53	145.69	140.63	136.76	96.52	60.76
Interest Income on Investments	14.5	14.1	12.02	8.79	4.68	1.25
Total Interest Income	168.04	159.79	152.65	145.56	101.2	62.01
Interest Paid on Deposits	80.73	79.46	82.54	65.46	13.01	3.48
Interest Paid on Borrowings	4.62	4.96	5.79	8.99	4.26	1.93
Total Interest Expense	85.36	84.42	88.33	74.45	17.27	5.42
Net Interest Income	82.68	75.37	64.32	71.11	83.93	56.6
Net Interest Income Growth	21.92%	17.17%	-9.54%	-15.28%	48.29%	22.76%
Trust Income	18.76	18.45	19.19	18.79	18.94	20.2
Gain (Loss) on Sale of Assets	-0.01	0.46	-	-	0.05	-
Gain (Loss) on Sale of Investments	-0.01	0.01	-0.03	-0.02	0.35	0.47
Other Non-Interest Income	2.72	2.98	4.71	2.54	4.72	3.31
Total Non-Interest Income	25.96	26.57	27.68	21.95	27.74	40.04
Non-Interest Income Growth	-4.13%	-4.01%	26.12%	-20.87%	-30.73%	-20.91%
Revenues Before Loan Losses	108.64	101.94	92	93.05	111.66	96.64
Provision for Loan Losses	1.98	5.03	1.93	10.36	3.68	1.23
Revenue	106.67	96.91	90.07	82.7	107.98	95.41
Revenue Growth	14.06%	7.60%	8.92%	-23.41%	13.18%	3.65%
Salaries and Employee Benefits	46.83	43.95	43.55	43.36	45.69	37.3
Occupancy Expenses	2.82	2.83	2.63	2.68	2.27	1.19
Amortization of Goodwill & Intangibles	0.2	0.21	0.23	0.25	0.31	0.02
Selling, General & Administrative	25.79	25.53	24.65	23.97	26.35	22.27
Other Non-Interest Expense	7.12	7.34	7.44	5.37	4.55	3.25
Total Non-Interest Expense	82.76	79.84	78.49	75.64	79.15	64.03
EBT Excluding Unusual Items	23.9	17.07	11.58	7.06	28.83	31.38
Pretax Income	23.9	17.07	11.58	7.06	28.83	27.28
Income Tax Expense	5.47	3.89	3.11	1.84	7.13	6.67
Net Income	18.44	13.19	8.47	5.23	21.7	20.61
Net Income to Common	18.44	13.19	8.47	5.23	21.7	20.61
Net Income Growth	59.35%	55.65%	62.16%	-75.92%	5.28%	-15.99%
Basic Shares Outstanding	10	10	10	10	9	8
Diluted Shares Outstanding	10	10	10	10	10	8
Shares Change	0.86%	0.76%	0.31%	0.13%	17.95%	3.43%
EPS (Basic)	1.90	1.36	0.88	0.55	2.29	2.58
EPS (Diluted)	1.86	1.34	0.87	0.54	2.23	2.50
EPS Growth	57.85%	54.02%	61.11%	-75.78%	-10.80%	-18.83%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Effective Tax Rate	22.87%	22.76%	26.82%	26.00%	24.73%	24.45%

SEC Filings: 10-K · 10-Q