{"schema_version":"secwatch.filing_event.v1","accession":"0001327607-23-000003","form_type":"8-K","ticker":"MYFW","cik":"0001327607","company_name":"First Western Financial Inc","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.438039+00:00","generated_at":"2026-06-20T08:00:48.650152+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Western Q4 net income $5.5M ($0.56 EPS); deposits grow 43.9% annualized, NPAs rise to $12.3M","bullets":["Net income available to common shareholders $5.5M, diluted EPS $0.56, vs $6.2M ($0.64) Q3 2022 and $1.9M ($0.23) Q4 2021.","Deposits grew $237.8M (43.9% annualized) to $2.41B; loans held for investment rose $121.2M (20.6% annualized) to $2.48B.","Net interest margin 3.32% vs 3.76% Q3 2022; efficiency ratio 67.7% vs 64.9% Q3 2022.","Non-performing assets increased to $12.3M (0.43% of total assets) from $3.9M; CECL adoption Jan 2023 with expected ACL 75-90 bps.","Completed $20M subordinated notes issuance at 7.00% due 2032; FHLB borrowings reduced by $126.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001327607-23-000003","json":"https://secwatch.observer/filing/0001327607-23-000003.json","markdown":"https://secwatch.observer/filing/0001327607-23-000003.md","text":"https://secwatch.observer/filing/0001327607-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327607/000132760723000003/0001327607-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327607/000132760723000003/myfw-20230126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T08:00:48.650152+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a85fa9822a970096aa622c2f02f0846cb89254f","claim":"First Western Financial Inc reported financial results for the fourth quarter ended December 31, 2022.","evidence_excerpt":"On January 26, 2023, First Western Financial, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1327607/000132760723000003/0001327607-23-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}