For the year ending 2025-12-31, FFWM had $608,738K increase in cash & cash equivalents over the period. -$35,221K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -155,157 |
| Provision for credit losses - loans and other liabilities | 65,483 |
| Provision (reversal) for credit losses - securities afs | -216 |
| Stock-based compensation expense | 5,342 |
| Depreciation and amortization | 4,374 |
| Deferred tax benefit | -25,051 |
| Valuation allowance on deferred tax asset | 98,664 |
| Amortization of premium (discount) on securities | -4,104 |
| Amortization of core deposit intangible | 1,158 |
| Amortization of mortgage servicing rights - net | 2,114 |
| Amortization of sub debt - net | 62 |
| Loss (gain) on sale of loans | -9,566 |
| Gain on sale of securities available-for-sale | 5,930 |
| Loss (gain) from hedging activities | -11,899 |
| Change in fair value of lhfs | 21,197 |
| Amortization of oci - securities transfer to htm | 600 |
| Decrease in accrued interest receivable and other assets | -9,120 |
| Decrease in accounts payable and other liabilities | -35,640 |
| Net cash (used in) provided by operating activities | -31,905 |
| Net decrease in loans | -1,242,213 |
| Proceeds from sale of loans | 1,003,933 |
| Purchase of premises and equipment | 3,316 |
| Disposals of premises and equipment | 86 |
| Purchases of securities afs | 2,031,746 |
| Proceeds from sale of securities available-for-sale | 668,515 |
| Maturities of securities afs | 274,633 |
| Maturities of securities htm | 76,425 |
| Impairment of securities afs | 3,361 |
| Net (increase) decrease in fhlb stock | 5,747 |
| Net cash provided by (used in) investing activities | 1,221,635 |
| Increase (decrease) in deposits | 585,709 |
| Proceeds from fhlb & frb advances | -1,600,100 |
| Repayments on fhlb & frb advances | 1,600,100 |
| Net increase (decrease) in line of credit | 12,500 |
| Net decrease in repurchase agreements | -7,351 |
| Proceeds from issuance of common stock | 1 |
| Repurchase of stock | 433 |
| Net cash (used in) provided by financing activities | -580,992 |
| Increase (decrease) in cash and cash equivalents | 608,738 |
| Cash and cash equivalents at beginning of year | 1,016,132 |
| Cash and cash equivalents at end of period | 1,624,870 |
First Foundation Inc. (FFWM)
First Foundation Inc. (FFWM)