{"schema_version":"secwatch.filing_event.v1","accession":"0001327607-24-000048","form_type":"8-K/A","ticker":"MYFW","cik":"0001327607","company_name":"First Western Financial Inc","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.793790+00:00","generated_at":"2026-06-05T01:14:41.579392+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Western restates Q4 results: $3.5M charge-off on C&I loan after guarantor bankruptcy","bullets":["Charge-off of $3.5M net of tax reduces Q4 and FY 2023 net income available to common stockholders.","Allowance for credit losses increased by $4.0M; loans decreased by $8.6M due to the charge-off.","Guarantor filed Chapter 7 bankruptcy on Feb 28, 2024; company pursuing all remedies.","Q4 2023 net loss revised to $3.2M (diluted EPS -$0.34) vs. previously reported $3.1M net income."],"urls":{"canonical":"https://secwatch.observer/filing/0001327607-24-000048","json":"https://secwatch.observer/filing/0001327607-24-000048.json","markdown":"https://secwatch.observer/filing/0001327607-24-000048.md","text":"https://secwatch.observer/filing/0001327607-24-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327607/000132760724000048/0001327607-24-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327607/000132760724000048/myfw-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:14:41.579392+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":"36d5b2667a83b0ea1377e1277444dbfbfdeb6eb8","claim":"First Western Financial Inc reported the fiscal year ended December 31, 2023 results: net income $3.5 million, net of tax, decrease to the fourth quarter and annual net income available to common stockholders.","evidence_excerpt":"The charge-off resulted in a $3.5 million, net of tax, decrease to the fourth quarter and annual net income available to common stockholders.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1327607/000132760724000048/0001327607-24-000048-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Net income","value":"$3.5 million, net of tax, decrease to the fourth quarter and annual net income available to common stockholders"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}