First Western Financial IncMYFW
| Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
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Cash and due from banks | 2 | 4 | 2 | 6 | 5 |
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Federal funds sold | - | - | - | 1 | - |
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Interest-bearing deposits in other financial institutions | 72 | 74 | 154 | 379 | 192 |
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Total cash and cash equivalents | - | - | - | 387 | 197 |
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Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss | - | - | - | - | 81 |
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Correspondent bank stock, at cost | 2 | 1 | 3 | 3 | 7 |
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Mortgage loans held for sale, at fair value | 15 | 48 | 162 | 31 | 9 |
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Loans held for sale, at fair value | - | - | - | - | 2 |
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Loans and Leases Receivable, Gross | - | - | - | - | 2,469 |
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Allowance for loan losses | - | - | - | - | 17 |
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Loans, net | - | - | 1,520 | 1,935 | 2,452 |
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Premises and equipment, net | 6 | 5 | 5 | 24 | 25 |
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Interest Receivable | 3 | 3 | 7 | 7 | 10 |
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Accounts receivable | 4 | - | - | 5 | 5 |
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Other receivables | 1 | 1 | 1 | 2 | 2 |
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Goodwill and other intangible assets, net | - | - | 24 | 32 | 32 |
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Deferred tax assets, net | - | 5 | 6 | 7 | 7 |
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Bank Owned Life Insurance | 15 | 15 | 15 | 16 | 16 |
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Other assets | 3 | 17 | 32 | 23 | 21 |
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Assets held for sale | - | 4 | - | 0 | - |
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Total assets | 1,084 | 1,252 | 1,974 | 2,527 | 2,867 |
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Noninterest-bearing | 203 | 240 | 481 | 636 | 583 |
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Interest-bearing | 735 | 847 | 1,138 | 1,569 | 1,822 |
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Total deposits | 938 | 1,087 | 1,620 | 2,206 | 2,405 |
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Federal Funds Purchased | 15 | 10 | 150 | 39 | 147 |
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Subordinated notes | 7 | 7 | 24 | 39 | 52 |
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Accrued interest payable | 0 | 0 | 0 | 0 | 1 |
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Other liabilities | 8 | 20 | 24 | 25 | 21 |
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Total liabilities | 967 | 1,124 | 1,819 | 2,308 | 2,626 |
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Additional paid-in capital | 141 | 143 | 145 | 189 | 190 |
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Retained earnings | -23 | -15 | 10 | 30 | 52 |
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Accumulated other comprehensive (loss)/income | -1 | -0 | 1 | 0 | -2 |
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Total shareholders’ equity | 117 | 128 | 155 | 219 | 241 |
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Total liabilities and shareholders’ equity | 1,084 | 1,252 | 1,974 | 2,527 | 2,867 |
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