Welcome to our dedicated page for First Western Financial SEC filings (Ticker: MYFW), 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 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. filed its 2025 Annual Report on Form 10-K describing a year of execution amid a challenging operating environment. Management reports higher book and tangible book value per share, stronger net interest margin, loan and deposit growth, stable expenses, and maintained capital ratios. The company reported total assets of $3.15 billion, loans (excluding mortgage loans held for sale) of $2.65 billion, deposits of $2.75 billion, and fiduciary and advisory AUM of $7.28 billion as of December 31, 2025. Management emphasizes continued disciplined underwriting, deposit gathering, and business development to support further improvement in 2026.
First Western Financial, Inc. reported significantly stronger results for the first quarter ended March 31, 2026. Net income available to common shareholders rose to $6.2 million, or $0.63 diluted EPS, up from $3.3 million, or $0.34, in the prior quarter and $4.2 million, or $0.43, a year earlier.
Net interest margin improved to 2.81% from 2.71% in Q4 2025 and 2.61% in Q1 2025, as funding costs fell faster than asset yields. Net interest income increased to $20.9 million, while non-interest income grew to $6.7 million, helped by higher mortgage gains and risk management and insurance fees.
Total loans held for investment grew to $2.69 billion, up 1.5% from year-end, and total deposits increased to $2.84 billion, up 3.5% quarter over quarter, with notable growth in noninterest-bearing balances. Asset quality strengthened, with non-performing assets declining to $16.3 million, or 0.50% of total assets, and other real estate owned falling to zero. The allowance for credit losses stood at 0.77% of total loans, reflecting a $0.7 million provision release.
Capital levels remained solid, with the bank subsidiary classified as “well capitalized.” Book value per share increased to $28.10, and tangible book value per share rose to $24.87. Management highlighted continued momentum in loan and deposit pipelines, ongoing margin improvement efforts, disciplined expenses, and stable credit metrics as factors supporting further performance improvement through 2026.
First Western Financial, Inc. provides a detailed overview of its private trust bank and wealth management business for the year ended December 31, 2025. The company reported total assets of $3.15 billion, loans of $2.65 billion, deposits of $2.75 billion, and shareholders’ equity of $265.6 million.
First Western focuses on high net worth clients in Colorado, Arizona, Wyoming, Montana, and California, offering integrated banking, lending, trust, and investment services through 19 boutique offices. As of year-end 2025, it managed $7.28 billion in trust and investment assets. Revenue is diversified, with non-interest income of $26.6 million and net interest income before credit losses of $75.4 million. Deposits grew 9.2% year over year, while AUM declined slightly. The company employs 320 associates and emphasizes a relationship-based, high-touch service model.
First Western Financial, Inc. highlights steady growth and improving profitability, furnishing an investor presentation that showcases its niche wealth-focused banking model in affluent Rocky Mountain and Western markets. As of 12/31/2025, the company reports assets of $3.15 billion, loans of $2.65 billion, deposits of $2.75 billion, and $7.28 billion of assets under management.
For 4Q25, net income available to common shareholders was $3.3 million, or $0.34 per diluted share, up 6% from the prior quarter and 21% from 4Q24, despite a $1.4 million write-down in other real estate owned. Net interest income rose to $20.6 million and net interest margin improved to 2.71%, helped by a 20 basis point drop in cost of funds.
The presentation emphasizes long-term value creation via tangible book value per share growth from $8.71 at 12/31/2017 to $24.07 at 12/31/2025, stable credit quality with average annual net charge-offs below 10 basis points over the last 10 years, and an ACL/total loans ratio of 0.81%. Deposits remain relationship-driven and relatively stable, with cumulative new deposits reaching $828 million and 2,214 new deposit accounts from 2018 to 2025.
Management points to continued organic and acquisition-driven balance sheet expansion, a growing commercial and wealth management platform, efficiency ratio improvement to 74.88% in 4Q25, and strong capital and liquidity, including $234.1 million of tangible common equity and $1.33 billion of available liquidity funding sources. The near-term outlook calls for ongoing loan and deposit growth, further net interest margin expansion, disciplined expense control, and no meaningful deterioration in asset quality based on current portfolio trends.
The Banc Funds Company, L.L.C. and related funds report a 3.4% passive ownership stake in First Western Financial Inc. common stock. The group discloses beneficial ownership of 346,090 shares, with sole voting and dispositive power over this amount.
The filing is an amended Schedule 13G that confirms the holders own 5 percent or less of the MYFW common stock class and states the shares are not held for the purpose of changing or influencing control of the company.
North Reef Capital Management LP and affiliates reported a sizable stake in First Western Financial, Inc. (MYFW). They beneficially own 685,954 shares of common stock, representing 7.06% of the company as of the event date.
The group, including North Reef Capital Management GP LLC and James H. Hanna III, has shared power to vote and dispose of all 685,954 shares and no sole voting or dispositive power. They state the shares were acquired and are held in the ordinary course of business, not to change or influence control of First Western Financial.
First Western Financial director Mitchell Scott C reported sales of company common stock in several market transactions. On January 26, 2026, he sold multiple blocks of shares at prices between $23.56 and $24.83. On February 4, 2026, he sold an additional 915 shares at $26.00 per share. Across these trades, he disposed of 4,093 shares and now directly owns 4,508 shares of First Western Financial common stock.
First Western Financial director-related trust reports stock sales. A revocable trust associated with director David R. Duncan sold a total of 8,626 shares of First Western Financial common stock on February 3, 2026 in three open market transactions at prices between $25.50 and $25.61 per share.
After these sales, the trust reported holding zero shares, while Duncan separately reported 43,678 shares held directly. The filing notes Duncan is trustee of the trust and disclaims beneficial ownership of the trust’s shares except to the extent of his pecuniary interest.
First Western Financial director David R. Duncan, through trusts for which he serves as trustee, reported sales of First Western Financial Inc. common stock. On January 28, 2026, the Sara C. Duncan GST Exempt Marital Trust sold 1,674 shares at $24.95 per share, and the Sara C. Duncan Revocable Trust sold 1,994 shares at $24.95 per share. Following these transactions, the Revocable Trust held 8,626 shares, and Duncan also reported 43,678 shares of common stock held directly. The filing notes that he reports the trust-held shares in his capacity as trustee and disclaims beneficial ownership except to the extent of his pecuniary interest.
First Western Financial director reports trust-related stock sales. On January 27, 2026, a trust for which director David R. Duncan serves as trustee, the Sara C. Duncan GST Exempt Marital Trust, sold 1,381 First Western Financial common shares at $24.99 and 3,025 shares at $25.17. After these transactions, that trust held 1,674 shares. Separately, 10,620 shares were reported as held by the Sara C. Duncan Revocable Trust, and 43,678 shares were held directly. The filing notes that Duncan disclaims beneficial ownership of the trust-held shares except to the extent of his pecuniary interest.