FFWM · As filed with the SEC
First Foundation balance sheet, 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 BALANCE SHEETS · USD
| USD | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Cash and cash equivalents | 1,624,870,000 | 1,726,969,000 | 1,055,614,000 | 1,013,855,000 | 1,016,132,000 | 1,106,422,000 | 1,421,486,000 | 1,588,036,000 |
| Securities available-for-sale ("AFS"), at fair value (amortized cost of $2,426,995 and $1,335,225 at December 31, 2025 and December 31, 2024 respectively; net of allowance for credit losses of $557 and $4,134 at December 31, 2025 and December 31, 2024 respectively) | 2,430,475,000 | 1,555,139,000 | 1,469,122,000 | 1,517,953,000 | 1,313,885,000 | 1,306,120,000 | 1,105,801,000 | 797,215,000 |
| Securities held-to-maturity ("HTM") (fair value of $587,289 and $636,840 at December 31, 2025 and December 31, 2024, respectively) | 634,333,000 | 647,619,000 | 663,807,000 | 691,931,000 | 712,105,000 | 734,863,000 | 755,033,000 | 775,702,000 |
| Loans held for sale ("LHFS") | 261,448,000 | 467,277,000 | 476,727,000 | 1,312,206,000 | 1,285,819,000 | 1,788,395,000 | — | — |
| Loans held for investment | 6,729,178,000 | 7,302,415,000 | 7,548,323,000 | 7,684,580,000 | 7,941,393,000 | 8,088,863,000 | 10,087,268,000 | 10,086,346,000 |
| Less: Allowance for credit losses | (93,850,000) | (101,913,000) | (37,560,000) | (35,200,000) | (32,302,000) | (29,300,000) | (29,295,000) | (29,295,000) |
| Total loans held for investment, net | 6,635,328,000 | 7,200,502,000 | 7,510,763,000 | 7,649,380,000 | 7,909,091,000 | 8,059,563,000 | 10,057,973,000 | 10,057,051,000 |
| Investment in Federal Home Loan Bank ("FHLB") stock | 43,616,000 | 43,616,000 | 50,077,000 | 44,619,000 | 37,869,000 | 37,810,000 | 37,810,000 | 36,668,000 |
| Accrued interest receivable | 45,822,000 | 45,103,000 | 50,538,000 | 51,132,000 | 54,804,000 | 53,766,000 | 58,325,000 | 53,446,000 |
| Deferred taxes, net | — | 0 | 87,006,000 | 80,000,000 | 76,650,000 | 65,131,000 | 36,493,000 | 33,565,000 |
| Premises and equipment, net | 34,663,000 | 35,420,000 | 35,890,000 | 36,647,000 | 35,806,000 | 36,605,000 | 37,035,000 | 40,019,000 |
| Real estate owned ("REO") | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 |
| Bank owned life insurance | 51,405,000 | 51,044,000 | 50,686,000 | 50,336,000 | 49,993,000 | 49,650,000 | 49,309,000 | 48,978,000 |
| Core deposit intangibles | 2,400,000 | 2,672,000 | 2,947,000 | 3,245,000 | 3,558,000 | 3,888,000 | 4,222,000 | 4,578,000 |
| Derivative assets | 8,785,000 | — | — | 205,000 | 5,086,000 | — | 6,267,000 | 6,035,000 |
| Other assets | 124,722,000 | 128,473,000 | 128,975,000 | 130,678,000 | 138,257,000 | 128,138,000 | 138,459,000 | 138,772,000 |
| Total Assets | 11,904,077,000 | 11,910,044,000 | 11,588,362,000 | 12,588,397,000 | 12,645,265,000 | 13,376,561,000 | 13,714,423,000 | 13,586,275,000 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||
| Liabilities: | ||||||||
| Deposits | 9,284,570,000 | 9,293,071,000 | 8,593,693,000 | 9,561,645,000 | 9,870,279,000 | 10,304,604,000 | 10,756,344,000 | 10,638,970,000 |
| Borrowings | 1,430,518,000 | 1,422,063,000 | 1,669,315,000 | 1,674,314,000 | 1,425,369,000 | 1,691,453,000 | 1,716,552,000 | 1,705,493,000 |
| Subordinated debt | 173,521,000 | 173,506,000 | 173,490,000 | 173,475,000 | 173,459,000 | 173,444,000 | 173,428,000 | 173,413,000 |
| Derivative liabilities | 6,938,000 | 9,081,000 | 8,689,000 | 10,453,000 | — | 5,124,000 | — | — |
| Accounts payable and other liabilities | 95,943,000 | 94,412,000 | 92,549,000 | 107,899,000 | 122,795,000 | 132,139,000 | 134,855,000 | 139,665,000 |
| Total Liabilities | 10,991,490,000 | 10,992,133,000 | 10,537,736,000 | 11,527,786,000 | 11,591,902,000 | 12,306,764,000 | 12,781,179,000 | 12,657,541,000 |
| Shareholders' Equity | ||||||||
| Preferred stock, $0.001 par value, 29,521 shares issued and outstanding at December 31, 2025 and 29,811 shares issued and outstanding at December 31, 2024 | 86,797,000 | 86,797,000 | 87,649,000 | 87,649,000 | 87,649,000 | 130,252,000 | — | — |
| Common stock, $0.001 par value; 200,000,000 shares authorized at December 31, 2025 and December 31, 2024; 82,884,401 shares and 82,365,388 shares issued and outstanding, respectively | 83,000 | 83,000 | 82,000 | 82,000 | 82,000 | 68,000 | 57,000 | 57,000 |
| Additional paid-in-capital | 855,270,000 | 854,880,000 | 852,982,000 | 851,146,000 | 849,509,000 | 805,819,000 | 721,814,000 | 721,362,000 |
| Retained (deficit) earnings | (30,119,000) | (22,079,000) | 124,244,000 | 131,935,000 | 125,038,000 | 139,148,000 | 221,321,000 | 218,802,000 |
| Accumulated other comprehensive income (loss) | 556,000 | (1,770,000) | (14,331,000) | (10,201,000) | (8,915,000) | (5,490,000) | (9,948,000) | (11,487,000) |
| Total Shareholders' Equity | 912,587,000 | 917,911,000 | 1,050,626,000 | 1,060,611,000 | 1,053,363,000 | 1,069,797,000 | 933,244,000 | 928,734,000 |
| Total Liabilities and Shareholders' Equity | 11,904,077,000 | 11,910,044,000 | 11,588,362,000 | 12,588,397,000 | 12,645,265,000 | 13,376,561,000 | 13,714,423,000 | 13,586,275,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.