For the quarter ending 2025-09-30, MYFW has $3,240,424K in assets. $2,978,929K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 13,889 | 12,353 | ||
| Interest-bearing deposits in other financial institutions | 341,750 | 219,961 | ||
| Total cash and cash equivalents | 355,639 | 232,314 | ||
| Available-for-sale debt securities, at fair value (amortized cost of 49,407 and 0, respectively) | 49,177 | - | ||
| Held-to-maturity debt securities, net of allowance for credit losses of 71 and 71 (fair value of 93,589 and 68,161), respectively | 98,205 | - | ||
| Correspondent bank stock, at cost | 6,481 | 11,254 | ||
| Mortgage loans held for sale, at fair value | 21,806 | 24,151 | ||
| Loans held at fair value | 0 | 0 | ||
| Loans (includes 4,208 and 7,283 measured at fair value, respectively) | 2,590,846 | 2,540,096 | ||
| Allowance for credit losses | 20,967 | 18,994 | ||
| Total, net | 2,569,879 | 2,521,102 | ||
| Premises and equipment, net | 24,963 | 24,488 | ||
| Accrued interest receivable | 11,907 | 10,783 | ||
| Accounts receivable | 4,687 | 4,435 | ||
| Other receivables | 3,736 | 4,915 | ||
| Other real estate owned, net | 4,389 | 4,385 | ||
| Goodwill and other intangible assets, net | 31,473 | 31,524 | ||
| Deferred tax assets, net | 3,500 | 2,809 | ||
| Held-to-maturity debt securities, net of allowance for credit losses of 71 and 71 (fair value of 93,979 and 68,161), respectively | - | 99,825 | ||
| Company-owned life insurance | 17,299 | 17,184 | ||
| Other assets | 37,283 | 37,628 | ||
| Total assets | 3,240,424 | 3,026,797 | ||
| Noninterest-bearing | 375,708 | 361,656 | ||
| Money market deposit accounts | 1,988,336 | - | ||
| Time deposits | 349,533 | - | ||
| Interest checking accounts | 121,901 | - | ||
| Savings accounts | 13,433 | - | ||
| Interest-bearing | 2,473,203 | 2,167,473 | ||
| Total deposits | 2,848,911 | 2,529,129 | ||
| Federal home loan bank and federal reserve borrowings | 50,867 | 163,416 | ||
| Subordinated notes | 44,724 | 44,673 | ||
| Accrued interest payable | 1,689 | 1,406 | ||
| Other liabilities | 32,738 | 29,326 | ||
| Total liabilities | 2,978,929 | 2,767,950 | ||
| Preferred stock - no par value 10,000,000 shares authorized 0 issued and outstanding | 0 | 0 | ||
| Common stock - no par value 90,000,000 shares authorized 9,714,711 and 9,667,142 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively | 0 | 0 | ||
| Additional paid-in capital | 193,715 | 193,398 | ||
| Retained earnings | 69,389 | 66,203 | ||
| Accumulated other comprehensive loss | -1,609 | -754 | ||
| Total shareholders equity | 261,495 | 258,847 | ||
| Total liabilities and shareholders equity | 3,240,424 | 3,026,797 | ||
First Western Financial Inc (MYFW)
First Western Financial Inc (MYFW)