---
schema_version: "secwatch.filing_event.v1"
accession: "0001327607-24-000177"
form_type: "8-K"
ticker: "MYFW"
cik: "0001327607"
company_name: "First Western Financial Inc"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:23:13.366091+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Western Q3 net income $2.1M ($0.22 EPS); deposits up 3.7%, loan-to-deposit ratio down to 95.2%

## Summary
- Net income $2.1M ($0.22 diluted EPS) vs $1.1M ($0.11) in Q2 2024 and $3.1M ($0.32) in Q3 2023.
- Total deposits grew 3.7% to $2.50B; noninterest-bearing deposits up 19% to $474M.
- Loan-to-deposit ratio improved to 95.2% from 101.9% in Q2 2024.
- Provision for credit losses fell to $0.5M from $2.3M in Q2 2024, reflecting improved credit quality.
- CEO expects loan growth in 2025, net interest margin expansion, and higher mortgage income as rates decline.

## SEC filing metadata
- accession: 0001327607-24-000177
- form_type: 8-K
- ticker: MYFW
- cik: 0001327607
- company_name: First Western Financial Inc
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327607/000132760724000177/0001327607-24-000177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327607/000132760724000177/myfw-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327607-24-000177
- JSON: https://secwatch.observer/filing/0001327607-24-000177.json
- Plain text: https://secwatch.observer/filing/0001327607-24-000177.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.