First Western Financial, Inc. SEC filings document the regulatory record of a financial services holding company and its First Western Trust private trust bank platform. Form 8-K reports cover quarterly results, Regulation FD investor presentations, and capital actions such as common stock repurchase authorizations, including related banking regulatory notices when applicable.
Proxy materials disclose board matters, shareholder voting items, executive compensation, equity awards, and governance practices. Together, the filings describe the company's operating performance, capital structure, public-company controls, and recurring disclosure obligations tied to its wealth management, banking, lending, trust, investment management, and mortgage activities.
First Western Financial, Inc. Schedule 13G discloses that Wellington Management Group LLP and related Wellington entities report shared voting power of 382,328 shares and shared dispositive power of 520,329 shares, representing 5.34% of First Western Financial common stock as of 03/31/2026.
The filing states these shares are owned of record by clients of Wellington Investment Advisers and lists the chain of holding entities. The filing is signed by Matthew Revell as Compliance Manager on 05/15/2026.
First Western Financial Inc's chief operating officer, Julie A. Courkamp, reported routine equity compensation and related tax withholding transactions in company common stock.
On May 1, 2026, she acquired 3,940 shares of common stock at $0.00 per share as a stock grant, representing restricted stock units that will vest in five substantially equal annual installments beginning on May 1, 2027, subject to her continued service. On the same date and on May 4, 2026, a total of 1,489 shares were disposed of at $28.55 per share through tax-withholding dispositions to cover exercise price or tax liabilities, not open-market sales. After these transactions, she directly held 59,680 shares of First Western Financial common stock.
First Western Financial Inc Chief Financial Officer David R. Weber reported routine equity compensation and related tax-withholding transactions in common stock. He received a grant of 668 restricted stock units at $0.00 per share, which vest in five substantially equal annual installments beginning on May 1, 2027, subject to continued service.
To cover tax liabilities, 240 shares and 102 shares of common stock were disposed of at $28.55 per share on May 1, 2026 and May 4, 2026, respectively, as tax-withholding dispositions rather than open-market sales. After these transactions, Weber directly owns 6,365 shares of common stock.
First Western Financial Inc chief revenue officer Matthew C. Cassell reported routine equity compensation activity in the company’s common stock. He received a grant of 862 restricted stock units at a stated price of $0.00 per share, increasing his direct equity-based compensation stake.
The restricted stock units vest in five substantially equal annual installments beginning on May 1, 2027, subject to his continued service. To cover tax obligations, 388 shares on May 1, 2026 and 36 shares on May 4, 2026 were disposed of through tax-withholding transactions at $28.55 per share. After these events, he directly holds 16,240 shares of common stock.
First Western Financial Inc Chairman, CEO and President Scott C. Wylie reported a mix of equity compensation, tax withholding, and a small open-market sale of common stock. On May 1, 2026, he received 7,005 shares as a grant, described as restricted stock units that vest in five substantially equal annual installments beginning on May 1, 2027, subject to continued service.
Also on May 1 and May 4, a total of 3,347 shares were disposed of in tax-withholding transactions at $28.55 per share to cover obligations tied to equity awards. On May 5, 2026, he executed an open-market sale of 7,500 shares at $28.70 per share. Following these transactions, Wylie directly holds 757,812 shares of common stock and has an additional 2,000 shares reported as indirectly held by the Wylie Family Foundation, where he serves as President and Trustee while disclaiming beneficial ownership beyond his pecuniary interest.
First Western Financial, Inc. is launching a new stock repurchase plan, authorizing buybacks of up to $5,000,000 of its common stock. The Board approved the plan on April 22, 2026, and the Federal Reserve Board stated on April 29, 2026 that it has no objection.
The repurchase plan will be effective for one year beginning June 12, 2026, when the company’s current active repurchase plan expires. The company may buy shares in open-market trades, privately negotiated deals, or through Rule 10b5-1 trading plans, but is not required to repurchase any specific amount and can change or end the plan at any time.
First Western Financial, Inc. outlines strong recent performance and strategy in an investor presentation furnished with this report. As of March 31, 2026, the company had $3.24 billion in assets, $2.69 billion in loans, $2.84 billion in deposits, and $7.24 billion in assets under management.
For 1Q26, net income available to common shareholders was $6.2 million, or $0.63 per diluted share, up sharply from prior periods. Net interest margin improved to 2.81% and gross revenue rose to $27.6 million, while the efficiency ratio improved to 73.11% and tangible book value per share increased to $24.87.
The presentation highlights growth in loans and deposits, rising trust and investment management fees, consistently low net charge-offs, a diversified commercial real estate portfolio with low loan-to-value ratios, ample liquidity funding sources, and capital ratios above internal targets. Management also emphasizes technology investments, expansion in attractive Western markets, and a long-term goal of driving higher returns through operating leverage, selective acquisitions, and continued balance sheet growth.
First Western Financial, Inc. reported net income of $6,208 thousand for the three months ended March 31, 2026, higher than $4,185 thousand a year earlier. Basic earnings per common share were $0.64, compared with $0.43.
Total assets reached $3,240,717 thousand as of March 31, 2026, up from $3,154,981 thousand at year-end 2025, driven largely by loan and securities balances and higher cash and cash equivalents. Loans, net of the allowance for credit losses, were $2,669,314 thousand, while total deposits were $2,841,615 thousand, reflecting growth in both noninterest-bearing and interest-bearing deposit categories.
Net interest income rose to $20,883 thousand, and a $728 thousand release of provision for credit losses further supported results. Non-interest income was $6,656 thousand, led by trust and investment management fees and gains on mortgage loans. The allowance for credit losses on loans decreased to $20,801 thousand, and non-accrual and collateral-dependent loan disclosures show continued credit monitoring. Shareholders’ equity increased to $273,365 thousand, aided by earnings and improved other comprehensive income.