Here are the 10-Q quarterly reports from First Foundation Inc. (FFWM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FFWM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FFWM filings page.
First Foundation Inc. reported a net loss for the quarter ended September 30, 2025. The company posted a Q3 2025 net loss of $146.3 million as a sharp provision for credit losses of $65.0 million drove negative results despite $46.1 million in net interest income. A tax expense of $87.4 million further widened the loss.
Total assets were $11.91 billion, down from $12.65 billion at year-end. Loans held for investment, net, declined to $7.20 billion from $7.91 billion, while the allowance for credit losses increased to $101.9 million from $32.3 million. Deposits fell to $9.29 billion from $9.87 billion. Cash and cash equivalents rose to $1.73 billion, and securities available-for-sale increased to $1.56 billion.
Shareholders’ equity decreased to $917.9 million from $1.05 billion, with retained earnings moving to a $(22.1) million deficit. For the nine months, net loss was $147.1 million. As of November 5, 2025, 82,884,401 common shares were outstanding.
First Foundation Inc. (FFWM) reported a contracting balance sheet in the quarter: total assets fell to $11.59 billion from $12.65 billion at year-end, driven by a $1.28 billion decline in deposits to $8.59 billion and a reduction in loans held for sale to $476.7 million from $1.29 billion. The bank generated stronger core margin performance as net interest income rose to $50.08 million for the quarter (up from $43.83 million), but the period produced a net loss of $7.69 million due largely to a $10.41 million loss on sale of loans and higher noninterest expense. Trading and investment portfolios show unrealized and unrecognized losses (HTM unrecognized loss ~$59.44 million) while the allowance for loan losses increased to $37.56 million. Cash and equivalents ended at $1.056 billion, with significant loan-sale proceeds of $806.9 million supporting investing cash inflows.