secwatch.observer — SEC 8-K summary
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Issuer:     First Western Financial Inc (MYFW)
CIK:        0001327607
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001628280-26-026845
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Western Q1 net income $6.2M; EPS $0.63, up 85% QoQ; NIM expands to 2.81%
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- Net income available to common shareholders $6.2M ($0.63 diluted EPS), up from $3.3M ($0.34) in Q4 2025.
- Net interest margin expanded 10 bps to 2.81%; net interest income rose 1.5% to $20.9M.
- Non-interest income up 9.8% to $6.7M; total deposits increased $95M to $2.84B.
- Provision for credit losses was a $728K release vs a $915K charge in Q4 2025.
- Efficiency ratio improved to 73.11% from 74.88% in Q4 2025 and 79.16% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327607/000162828026026845/0001628280-26-026845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327607/000162828026026845/myfw-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-026845

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer