First Western Financial, Inc.

First Western Financial, Inc. reported net income of $13.2 million for fiscal year 2025, with earnings per share of $1.00 (basic and diluted). The company generated total interest and dividend income of $159.8 million and total non-interest income of $26.6 million, resulting in total income before non-interest expense of $96.9 million. Net interest income was $75.4 million, with a provision for credit losses of $5.0 million reducing net interest income after provision to $70.3 million. Total non-interest expense was $79.8 million, with salaries and employee benefits being the largest component at $46.1 million. The company ended the year with total assets of $3.15 billion, total liabilities of $2.89 billion, and shareholders' equity of $265.6 million. Cash flow from operations was negative $1.8 million, while financing activities provided $228.6 million in cash, primarily from net deposit growth of $232.4 million.

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