secwatch.observer — SEC 8-K summary
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Issuer:     First Western Financial Inc (MYFW)
CIK:        0001327607
Form:       8-K
Filed at:   2026-07-23T20:15:31+00:00
Accession:  0001628280-26-049397
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Western Q2 2026 net income $5.7M ($0.57 EPS); NIM expands to 2.90%
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- Net income available to common shareholders $5.7M ($0.57 diluted EPS) vs $2.5M ($0.26) in Q2 2025.
- Net interest income $21.8M, up 4.3% from Q1 2026; net interest margin 2.90% (+9 bps QoQ).
- Average noninterest-bearing deposits $365.3M, up 5.1% from Q1 2026.
- Provision for credit losses was a release of $469k vs release of $728k in Q1 and provision of $1.8M in Q2 2025.
- Efficiency ratio improved to 74.03% from 78.83% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327607/000162828026049397/0001628280-26-049397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327607/000162828026049397/myfw-20260723.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-049397

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