FFWM · As filed with the SEC
First Foundation income statement, by quarter
The statement as First Foundation presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD, except per-share amounts
| USD, except per-share amounts | Q4 2025 3 months ended Dec 31, 2025 | Q3 2025 3 months ended Sep 30, 2025 | Q2 2025 3 months ended Jun 30, 2025 | Q1 2025 3 months ended Mar 31, 2025 |
|---|---|---|---|---|
| Interest income: | ||||
| Loans | — | 93,054,000 | 100,166,000 | 106,500,000 |
| Securities | — | 24,933,000 | 23,646,000 | 21,095,000 |
| FHLB Stock, fed funds sold and interest-bearing deposits | — | 16,750,000 | 13,313,000 | 14,147,000 |
| Total interest income | — | 134,737,000 | 137,125,000 | 141,742,000 |
| Interest expense: | ||||
| Deposits | — | 71,942,000 | 67,318,000 | 73,319,000 |
| Borrowings | — | 14,744,000 | 18,020,000 | 14,934,000 |
| Subordinated debt | — | 1,973,000 | 1,705,000 | 1,690,000 |
| Total interest expense | — | 88,659,000 | 87,043,000 | 89,943,000 |
| Net interest income | — | 46,078,000 | 50,082,000 | 51,799,000 |
| Provision (reversal) for credit losses | — | 65,045,000 | 2,366,000 | 3,417,000 |
| Net interest income after provision for credit losses | — | (18,967,000) | 47,716,000 | 48,382,000 |
| Noninterest income: | ||||
| Asset management, consulting and other fees | — | 8,638,000 | 8,601,000 | 8,919,000 |
| (Loss) gain on sale of loans | — | — | (10,405,000) | 0 |
| Gain on sale of securities available-for-sale | — | 1,228,000 | — | 4,702,000 |
| Capital market activities | — | 4,698,000 | (289,000) | 2,831,000 |
| Other income | — | 2,955,000 | 3,431,000 | 3,150,000 |
| Total noninterest income | — | 17,519,000 | 1,338,000 | 19,602,000 |
| Noninterest expense: | ||||
| Compensation and benefits | — | 23,713,000 | 22,890,000 | 25,108,000 |
| Occupancy and depreciation | — | 8,939,000 | 8,333,000 | 8,445,000 |
| Professional services and marketing costs | — | 6,838,000 | 7,238,000 | 5,907,000 |
| Customer service costs | — | 9,068,000 | 12,983,000 | 15,051,000 |
| Other expenses | — | 8,924,000 | 8,480,000 | 7,210,000 |
| Total noninterest expense | — | 57,482,000 | 59,924,000 | 61,721,000 |
| Loss before income taxes | — | (58,930,000) | (10,870,000) | 6,263,000 |
| Income tax expense (benefit) | — | 87,393,000 | (3,180,000) | (633,000) |
| Net loss | — | (146,323,000) | (7,690,000) | 6,896,000 |
| Net loss per share: | ||||
| Basic (in dollars per share) | — | (1.78) | (0.09) | 0.08 |
| Diluted (in dollars per share) | — | (1.78) | (0.09) | 0.08 |
| Shares used in computation: | ||||
| Basic (in shares) | — | 82,424,884 | 82,386,071 | 82,373,616 |
| Diluted (in shares) | — | 82,424,884 | 82,386,071 | 83,484,754 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.