Welcome to our dedicated page for First Foundation SEC filings (Ticker: FFWM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
First Foundation Inc.'s SEC filings document its financial-services operations, common stock registration and the corporate transition that ended its separate public-company reporting status. The record includes Form 8-K disclosures for operating and financial results, material agreements, shareholder voting matters, governance items and capital-structure information involving the company and its banking subsidiary.
Later filings document the completed merger of First Foundation into FirstSun Capital Bancorp, the related bank merger into Sunflower Bank, National Association, removal of FFWM common stock from New York Stock Exchange listing and Form 15 termination of Exchange Act registration for the common stock. These documents provide the formal record of the issuer's delisting, deregistration and successor corporate status.
Initial Form 3 filed for First Foundation Inc. (FFWM). Stuart Daniel Bernstein, listed at an Irving, TX address, is reported as both a director and an officer with the title Chief Banking Officer. The filing records the event date as 08/11/2025 and states no securities are beneficially owned by the reporting person. The form is signed by Erica Dorsett as attorney-in-fact on 09/08/2025.
James Britton, Chief Financial Officer of First Foundation Inc. (FFWM), reported a sale of 974 shares of the issuer's common stock on 08/29/2025 at a price of $5.95 per share. After the transaction he beneficially owned 69,657 shares in total. The filing states the sale related to the payment of tax liability by delivering shares in connection with the vesting of 4,000 restricted stock units on the same date; the total reported holdings include 63,605 restricted stock units (4,000 previously reported in Table II) and 6,052 shares of common stock. The Form 4 was signed by Paul Newton as attorney-in-fact on 09/03/2025.
Simone Lagomarsino, President and a director of First Foundation Inc. (FFWM), reported a grant of 33,784 time-vested restricted stock units (RSUs) on 08/26/2025. Each RSU represents a contingent right to one share of common stock and the grant was reported at a price of $0.00. After the award, Ms. Lagomarsino beneficially owns 52,581 shares directly and 121,951 shares indirectly through a trust. The Form 4 was signed by attorney-in-fact Paul Newton on 08/27/2025.
First Foundation Inc.'s common stock is reported to be beneficially owned by North Reef Capital entities and James H. Hanna, III. The Reporting Persons disclose an aggregate holding of 7,615,000 shares, representing approximately 9.2% of the class. The filing shows shared voting and shared dispositive power over the entire block and reports zero sole voting or dispositive power.
The statement is submitted as a joint filing by North Reef Capital Management LP, its general partner and Mr. Hanna and is labeled as an amendment. The filing specifies that the shares are held in the ordinary course of business and asserts they were not acquired to change or influence control of the issuer. The report does not disclose any pledges, exclusions, or holdings on behalf of another person and reports no group affiliation.
First Foundation Inc. appointed Stuart Bernstein as Chief Banking Officer of its wholly owned subsidiary, First Foundation Bank, effective August 11, 2025. Mr. Bernstein, age 54, brings multi-bank experience across consumer and business banking, wealth management, investments and residential lending, including senior roles at Santander NA and MUFG Union Bank. He will receive an annual base salary of $450,000 and may receive a discretionary bonus of up to 100% of base salary, payable half in cash and half in restricted stock units or performance stock units. The Company will enter into its standard indemnification agreement and attached a press release as Exhibit 99.1. The filing states there are no family relationships or Item 404 disclosures required.
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.