First Western Financial
non interest income non interest income decreased to million or from million in primarily due to a million impairment to carrying value of contingent consideration assets related to the sale of first western capital management in the decrease to non interest income was further driven by losses of million on loans accounted for under carrying value option trust and investment management fees were consistent with prior quarter net gain on mortgage loans decreased to million or from million in as higher rates continue to impact loan demand | First Western Financial
Company
Deck Type
Sector
Industry
Deck date
August 2023
Slide
29 of 50
Similar slides by First Western Financial
See diffirences between slides (animation)
Results
January 2024
asset quality increased million due primarily to the downgrade of two loans million provision for credit losses driven primarily by reserve on individually analyzed loans previously downgraded to with small reserves established for two loans downgraded to in adjusted total loans increased to in from in continue to experience immaterial amount of credit losses non performing assets total assets net charge offs average loans | First Western Financial
Results
January 2024
non interest expense and efficiency ratio non interest expense remained flat at million compared to disciplined expense management resulted in non interest expense coming in below targeted range total non interest expense operating efficiency ratio | First Western Financial
Results
January 2024
non interest income non interest income remained flat compared to prior quarter slight decline in net gains on mortgage loans which reflects impact of higher rates and seasonal decline in mortgage loan demand slight declines in trust and investment management fees compared to prior quarter however fees increased million or year over year increase in risk management and insurance fees reflects seasonal impact that occurs in the fourth quarter each year total non interest income trust and investment management fees bank | First Western Financial
Results
January 2024
net interest income and net interest margin net interest income decreased to million or from million in due primarily to higher deposit costs net interest margin decreased to driven by the increase in interest bearing deposit costs strategic decision made to add short term higher cost deposits to improve near term liquidity which will be replaced with lower cost funding as market conditions normalize and interest rates decrease net interest income net interest margin | First Western Financial
Related slides by other companies
Independent Bank Corp
Results
January 2023
strong non interest income thousands highlights million in and independent | Independent Bank Corp
Main Street Capital
Investor Presentation
May 2023
main financial performance | Main Street Capital
Main Street Capital
Investor Presentation
February 2024
main financial performance soe aye | Main Street Capital
Independent Bank Corp
Results
April 2021
strong non interest income highlights trends | Independent Bank Corp
Other recent decks by First Western Financial
See all presentations (4 decks)
Results
January 2024
Investor Presentation
October 2023
Results
July 2023
Search Thousands of Presentations by World Leading Companies
Trending:
Addressable Market
Ecosystem
Beauty Market
WACC
NFT
Management Team
Investment Highlights

Stay in the loop

Join our mailing list to stay in the loop with updates and newest feature releases

Presentations

Start Up
IPO
SPAC
M&A
Investor Day
Results
ESG
Credit
Investment Banking

Explore

Presentation Collections
Slide Collections

Company

Blog
Contact us
© 2021-2023 Slidebook.io