The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 3,186 | 6,688 |
| Net amortization of investment securities | 7 | -28 |
| Stock dividends received on correspondent bank stock | 154 | 283 |
| Provision for credit losses | 2,257 | 1,853 |
| Net gain on loans held for sale | 0 | 222 |
| Net gain on mortgage loans | 1,394 | 2,254 |
| Origination of mortgage loans held for sale | 85,574 | 162,424 |
| Proceeds from mortgage loans | 88,739 | 166,042 |
| Depreciation and amortization | 645 | 1,365 |
| Net amortization of purchase accounting adjustments | 190 | 222 |
| Deferred income tax expense | -79 | 253 |
| Purchase of solar tax credits | 0 | 945 |
| Gain (loss) due to increase (decrease) in cash surrender value of company-owned life | 116 | 222 |
| Stock-based compensation | 690 | 930 |
| Net gain on other real estate owned | 0 | 459 |
| Unrealized gain recognized on equity securities | 6 | 14 |
| Proceeds (payments) from change in fair value of loans accounted for under the fair value option | -18 | -32 |
| Change in accounts receivable | 158 | -103 |
| Change in accrued interest receivable and other assets | 2,698 | -1,281 |
| Change in accrued interest payable and other liabilities | -4,508 | 12,926 |
| Net cash provided by (used in) operating activities, total | 10,025 | -1,072 |
| Maturities, prepayments, and calls | 553 | - |
| Purchases | 49,947 | - |
| Maturities, prepayments, and calls | 2,663 | 4,006 |
| Purchases | 1,000 | 27,946 |
| Purchases of correspondent bank stock | -12 | -5,247 |
| Redemption of correspondent bank stock | 4,939 | 140 |
| Contributions to low-income housing tax credit investments | 483 | 959 |
| Loan and note receivable originations and principal collections, net | 48,829 | 112,888 |
| Purchases of premises and equipment | 1,069 | 1,616 |
| Proceeds from sale, loan and lease, held-for-investment | 0 | 0 |
| Purchases of loans | 2,271 | 2,329 |
| Proceeds from sale of other real estate owned | -4 | 32,003 |
| Net cash (used in) provided by investing activities | -95,460 | -114,836 |
| Net change in deposits | 319,782 | 14,920 |
| Payments to federal home loan bank borrowings | 112,131 | 67,603 |
| Proceeds from federal home loan bank borrowings | 0 | 174,734 |
| Payments to federal reserve borrowings | 418 | 753 |
| Proceeds from federal reserve borrowings | 0 | 0 |
| Payments to subordinated note holders | 0 | 8,000 |
| Repurchase of common stock | 301 | 483 |
| Cash paid for withholding taxes on share-based awards | 72 | 634 |
| Net cash provided by (used in) financing activities | 206,860 | 112,181 |
| Net change in cash and cash equivalents | 121,425 | -3,727 |
| Cash and cash equivalents at beginning of period | 237,941 | - |
| Cash and cash equivalents at end of period | 355,639 | - |
First Western Financial Inc (MYFW)
First Western Financial Inc (MYFW)