First Western Financial
overview of earnings net income available to common shareholders of million or per diluted share second quarter included net of tax impacts of million related to an allowance recorded on individually analyzed loans million of impairment to carrying value of contingent consideration assets and million of losses on loans accounted for under the fair value option with diluted impacts net of tax of and respectively tax provision net income of million stable balance sheet total deposits relatively unchanged from end of prior quarter bearing deposits increased during the month of june loan growth while maintaining conservative underwriting criteria and disciplined pricing strong relationship deposits and declining level of uninsured deposits to from in prudent risk management continued to maintain higher than normal level of cash balances total assets declined to immaterial level of charge offs | First Western Financial
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Deck date
July 2023
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3 of 20
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