$MYFW
First Western Financial Inc

2020 Q4 Form 10-Q Financial Statement

#000155837020012953 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $29.45M $16.63M
YoY Change 77.13%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $300.0K $200.0K $400.0K
YoY Change 0.0% -50.0% -20.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.492M $3.533M
YoY Change -57.77%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $7.100M $12.82M $3.186M
YoY Change 145.67% 302.45% 42.87%
Income Tax $2.230M $3.200M $800.0K
% Of Pretax Income 31.41% 24.96% 25.11%
Net Earnings $4.870M $9.630M $2.406M
YoY Change 89.49% 300.25% 42.37%
Net Earnings / Revenue 32.7% 14.47%
Basic Earnings Per Share $1.22 $0.30
Diluted Earnings Per Share $611.8K $1.20 $0.30
COMMON SHARES
Basic Shares Outstanding 7.952M 7.912M 7.891M
Diluted Shares Outstanding 8.019M 7.915M

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $156.0M $250.4M $146.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $5.320M $5.116M $16.40M
YoY Change 1.95% -68.8% 160.32%
Goodwill $24.19M $24.19M $19.69M
YoY Change 22.88% 22.88%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.100M $9.400M $8.300M
YoY Change -29.07% 13.25% 80.43%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.974B $1.973B $1.272B
YoY Change 57.68% 55.11% 20.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $500.0K $300.0K $400.0K
YoY Change 66.67% -25.0% 100.0%
Accrued Expenses $14.00M $11.70M $14.30M
YoY Change 3.7% -18.18%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.50M $12.00M $14.70M
YoY Change 5.07% -18.37% 7250.0%
LONG-TERM LIABILITIES
Long-Term Debt $24.30M $14.40M $6.600M
YoY Change 268.18% 118.18% 0.0%
Other Long-Term Liabilities $10.50M $11.00M $6.100M
YoY Change 52.17% 80.33% -17.57%
Total Long-Term Liabilities $34.80M $25.40M $12.70M
YoY Change 157.78% 100.0% -9.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.50M $12.00M $14.70M
Total Long-Term Liabilities $34.80M $25.40M $12.70M
Total Liabilities $1.819B $1.823B $1.146B
YoY Change 61.8% 59.08% 22.27%
SHAREHOLDERS EQUITY
Retained Earnings $9.579M $4.705M
YoY Change -164.05%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $155.0M $149.6M $125.7M
YoY Change
Total Liabilities & Shareholders Equity $1.974B $1.973B $1.272B
YoY Change 57.68% 55.11% 20.96%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $4.870M $9.630M $2.406M
YoY Change 89.49% 300.25% 42.37%
Depreciation, Depletion And Amortization $300.0K $200.0K $400.0K
YoY Change 0.0% -50.0% -20.0%
Cash From Operating Activities -$63.80M -$20.30M -$28.70M
YoY Change -357.26% -29.27% -265.9%
INVESTING ACTIVITIES
Capital Expenditures -$500.0K -$200.0K -$100.0K
YoY Change 100.0% -66.67%
Acquisitions
YoY Change
Other Investing Activities -$23.60M -$77.20M $4.500M
YoY Change -65.99% -1815.56% -148.91%
Cash From Investing Activities -$24.10M -$77.40M $4.500M
YoY Change -65.32% -1820.0% -146.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.400M 156.4M 77.60M
YoY Change -71.93% 101.55% 1704.65%
NET CHANGE
Cash From Operating Activities -63.80M -20.30M -28.70M
Cash From Investing Activities -24.10M -77.40M 4.500M
Cash From Financing Activities -6.400M 156.4M 77.60M
Net Change In Cash -94.30M 58.70M 53.40M
YoY Change 39.7% 9.93% 345.0%
FREE CASH FLOW
Cash From Operating Activities -$63.80M -$20.30M -$28.70M
Capital Expenditures -$500.0K -$200.0K -$100.0K
Free Cash Flow -$63.30M -$20.10M -$28.60M
YoY Change -355.24% -29.72% -262.5%

Facts In Submission

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dei Security12b Title
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OtherNoninterestExpense
2747000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
1873000
CY2020Q3 us-gaap Noninterest Expense
NoninterestExpense
16632000
CY2019Q3 us-gaap Noninterest Expense
NoninterestExpense
13442000
us-gaap Noninterest Expense
NoninterestExpense
43923000
us-gaap Noninterest Expense
NoninterestExpense
40701000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12822000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3186000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
25961000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7302000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3192000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
780000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6301000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1865000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9630000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2406000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19660000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5437000
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2020Q3 us-gaap Profit Loss
ProfitLoss
9630000
CY2019Q3 us-gaap Profit Loss
ProfitLoss
2406000
us-gaap Profit Loss
ProfitLoss
19660000
us-gaap Profit Loss
ProfitLoss
5437000
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-28000
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
321000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1305000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2364000
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-7000
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
83000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
318000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
611000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-21000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
238000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
987000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1753000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
9609000
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2644000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
20647000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
7190000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
122157000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
2406000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1879000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
149576000
us-gaap Profit Loss
ProfitLoss
19660000
us-gaap Profit Loss
ProfitLoss
5437000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
826000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1363000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1699000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
238000
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
939000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
125732000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
139417000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
9630000
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-88000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-21000
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
638000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
149576000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
116875000
us-gaap Net Income Loss
NetIncomeLoss
5437000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-110000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1753000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1785000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
125732000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
127678000
us-gaap Net Income Loss
NetIncomeLoss
19660000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
987000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-258000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
370000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-727000
us-gaap Share Based Compensation
ShareBasedCompensation
1879000
us-gaap Share Based Compensation
ShareBasedCompensation
1785000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
3987000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
216000
myfw Amortization Of Investment Securities
AmortizationOfInvestmentSecurities
346000
myfw Amortization Of Investment Securities
AmortizationOfInvestmentSecurities
118000
us-gaap Investment Income Dividend
InvestmentIncomeDividend
12000
us-gaap Investment Income Dividend
InvestmentIncomeDividend
25000
myfw Gain Loss Due To Increase Decrease In Cash Surrender Value Of Company Owned Life
GainLossDueToIncreaseDecreaseInCashSurrenderValueOfCompanyOwnedLife
273000
myfw Gain Loss Due To Increase Decrease In Cash Surrender Value Of Company Owned Life
GainLossDueToIncreaseDecreaseInCashSurrenderValueOfCompanyOwnedLife
284000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
24958000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
8009000
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
917524000
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
442790000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
889208000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
393886000
us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
119000
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-553000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1572000
us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
100000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-492000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
468000
myfw Increase Decrease In Accrued Interest Receivable And Other Assets
IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
5531000
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
110000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
113000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
370000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8000
myfw Increase Decrease In Accrued Interest Receivable And Other Assets
IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
81000
myfw Increase Decrease In Accrued Interest Payable And Other Liabilities
IncreaseDecreaseInAccruedInterestPayableAndOtherLiabilities
-3394000
myfw Increase Decrease In Accrued Interest Payable And Other Liabilities
IncreaseDecreaseInAccruedInterestPayableAndOtherLiabilities
-1847000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-29552000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-46279000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
20890000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
6202000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
7506000
myfw Payments To Acquire Available For Sale Securities Purchases
PaymentsToAcquireAvailableForSaleSecuritiesPurchases
2000000
myfw Payments To Acquire Available For Sale Securities Purchases
PaymentsToAcquireAvailableForSaleSecuritiesPurchases
29750000
myfw Redemption Purchase Of Correspondent Bank Stock
RedemptionPurchaseOfCorrespondentBankStock
-698000
myfw Redemption Purchase Of Correspondent Bank Stock
RedemptionPurchaseOfCorrespondentBankStock
-1237000
myfw Proceeds From Redemption Of Correspondent Bank Stock
ProceedsFromRedemptionOfCorrespondentBankStock
3168000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
708000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
380000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
10000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
61316000
myfw Payments To Loan And Note Receivable Originations And Principal Collections Net
PaymentsToLoanAndNoteReceivableOriginationsAndPrincipalCollectionsNet
388048000
myfw Payments To Loan And Note Receivable Originations And Principal Collections Net
PaymentsToLoanAndNoteReceivableOriginationsAndPrincipalCollectionsNet
32439000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-431870000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46930000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
413808000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
171146000
us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
8000000
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
258000
myfw Payments To Federal Reserve Borrowings
PaymentsToFederalReserveBorrowings
238000
myfw Proceeds From Federal Reserve Borrowings
ProceedsFromFederalReserveBorrowings
204313000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
27000000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
72346000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
35000000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
67346000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
633142000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
166028000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
171720000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
72819000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
78638000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73357000
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
250358000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
146176000
us-gaap Interest Paid Net
InterestPaidNet
5699000
us-gaap Interest Paid Net
InterestPaidNet
9702000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6417000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1562000
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
4267000
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
4091000
myfw New Accounting Pronouncement Adoption Reclassification Of Stranded Tax Effect
NewAccountingPronouncementAdoptionReclassificationOfStrandedTaxEffect
235000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1305000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2364000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
649000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16580000
myfw Reclass Of Held For Sale Assets Net Of Liabilities
ReclassOfHeldForSaleAssetsNetOfLiabilities
10000
myfw Reclass Of Held For Sale Assets Net Of Liabilities
ReclassOfHeldForSaleAssetsNetOfLiabilities
3442000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="text-decoration:underline;text-decoration-color:#000000;">Use of Estimates</span>:  To prepare financial statements in conformity with GAAP, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the consolidated financial statements and the disclosures provided, and actual results could differ. Information available which could affect these judgments include, but are not limited to, changes in interest rates, changes in the performance of the economy, including the impact of the COVID-19 pandemic, and changes in the financial condition of borrowers. Material estimates that are particularly susceptible to significant change include: the determination of the allowance for loan losses, the evaluation of goodwill impairment, and the fair value of financial instruments. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:6pt 0pt 6pt 0pt;">The Company could experience a material adverse effect on its business as a result of the impact of the COVID-19 pandemic, and the resulting governmental actions to curtail its spread. It is at least reasonably possible that information which was available at the date of the financial statements will change in the near term due to the COVID-19 pandemic and that the effect of the change would be material to the financial statements. The extent to which the COVID-19 pandemic will impact our estimates and assumptions is highly uncertain.</p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 6pt 0pt;"><span style="text-decoration:underline;text-decoration-color:#000000;">Concentration of Risk</span>:  Most of the Company’s lending activity is to clients located in and around Denver, Colorado; Phoenix and Scottsdale, Arizona; and Jackson Hole, Wyoming. The Company does not believe it has significant concentrations in any one industry or client. At September 30, 2020 and December 31, 2019, 62.8%, and 71.7%, respectively, of the Company’s loan portfolio was secured by real estate collateral. Declines in real estate values in the primary markets the Company operates in could negatively impact the Company.</p>
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1553000
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
54000
CY2020Q3 myfw Financial Receivables Loans Covenant Violation And Downgrade Minimum Percent
FinancialReceivablesLoansCovenantViolationAndDowngradeMinimumPercent
0.50
CY2020Q3 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1507484000
CY2019Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
996559000
CY2020Q3 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-1408000
CY2019Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
1448000
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
39546000
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1181000
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
73000
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
40654000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
59100000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
212000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
409000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
58903000
CY2020Q3 myfw Debt Securities Available For Sale Carrying Value Pledged As Collateral
DebtSecuritiesAvailableForSaleCarryingValuePledgedAsCollateral
4200000
CY2019Q4 myfw Debt Securities Available For Sale Carrying Value Pledged As Collateral
DebtSecuritiesAvailableForSaleCarryingValuePledgedAsCollateral
5500000
myfw Threshold Percentage Of Shareholders Equity Amount Held As Securities By One Issuer
ThresholdPercentageOfShareholdersEquityAmountHeldAsSecuritiesByOneIssuer
0.10
CY2019 myfw Threshold Percentage Of Shareholders Equity Amount Held As Securities By One Issuer
ThresholdPercentageOfShareholdersEquityAmountHeldAsSecuritiesByOneIssuer
0.10
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
100000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
400000
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
590000
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
19000
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
2143000
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
73000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
35983000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
238000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
6797000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
171000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
42780000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
409000
CY2020Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
11845000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7875000
CY2020Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1494231000
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
990132000
myfw Financing Receivable Modification Number Of Contracts
FinancingReceivableModificationNumberOfContracts
44
CY2020Q3 myfw Financing Receivable Loan Modification Not Treated As Troubled Debt Restructuring
FinancingReceivableLoanModificationNotTreatedAsTroubledDebtRestructuring
66700000
CY2020Q3 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1507484000
myfw Financing Receivable Modification Number Of Contracts
FinancingReceivableModificationNumberOfContracts
44
CY2020Q3 myfw Financing Receivable Loan Modification Not Treated As Troubled Debt Restructuring
FinancingReceivableLoanModificationNotTreatedAsTroubledDebtRestructuring
66738000
CY2020Q3 myfw Financial Receivables Loan Modification Percent
FinancialReceivablesLoanModificationPercent
0.0443
CY2020Q3 myfw Financial Receivables Loans Minimum Reduction In Collateral Position
FinancialReceivablesLoansMinimumReductionInCollateralPosition
0.20
myfw Financial Receivables Maximum Percent High Risk Industry Loans
FinancialReceivablesMaximumPercentHighRiskIndustryLoans
3.0
CY2020Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
11399000
CY2020Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1496085000
CY2020Q3 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1507484000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
10230000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
986329000
CY2019Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
996559000
CY2020Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3745000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
7215000
CY2020Q3 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
3700000
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
7200000
CY2020Q3 myfw Impaired Financing Receivable Net Recorded Investment
ImpairedFinancingReceivableNetRecordedInvestment
8458000
CY2019Q4 myfw Impaired Financing Receivable Net Recorded Investment
ImpairedFinancingReceivableNetRecordedInvestment
11437000
CY2020Q3 myfw Financing Receivable Additional Funds To Loans Classified As Tdrs
FinancingReceivableAdditionalFundsToLoansClassifiedAsTdrs
1300000
CY2019Q4 myfw Financing Receivable Additional Funds To Loans Classified As Tdrs
FinancingReceivableAdditionalFundsToLoansClassifiedAsTdrs
200000
CY2020Q3 myfw Cash Collateral Received
CashCollateralReceived
1500000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1
CY2019 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
CY2020Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
3421000
CY2020Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
3421000
CY2020Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1423000
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
4412000
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
4412000
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
833000
CY2020Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
6460000
CY2020Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
6460000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
7858000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
7858000
CY2020Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
9881000
CY2020Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
9881000
CY2020Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1423000
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
12270000
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
12270000
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
833000
CY2020Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
3428000
CY2019Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
1220000
CY2020Q3 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
7241000
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
10354000
CY2020Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1496000
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
6000
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1000
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
11845000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7875000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
3987000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
30000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
13000
CY2019Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
996559000
CY2020Q3 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1507484000
CY2020Q3 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
85000
CY2019Q3 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
12233000
CY2019Q3 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
164000
CY2020Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
10669000
CY2020Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
85000
CY2019Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
13453000
CY2019Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
164000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
3463000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
1495000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
7551000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
250000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
14764000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
403000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
11014000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
250000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
16259000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
403000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4000000.0
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
200000
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
11845000
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1423000
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
10422000
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
11845000
CY2020Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
9881000
CY2020Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1497603000
CY2020Q3 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1507484000
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7575000
CY2019Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
100000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7675000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7451000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
216000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
8000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7675000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
833000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
7042000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7875000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
12270000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
984289000
CY2019Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
996559000
CY2019Q4 us-gaap Goodwill
Goodwill
19686000
CY2018Q4 us-gaap Goodwill
Goodwill
24811000
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1572000
CY2019 myfw Reclass Of Goodwill Held For Sale
ReclassOfGoodwillHeldForSale
-3553000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4505000
CY2020Q3 us-gaap Goodwill
Goodwill
24191000
CY2019Q4 us-gaap Goodwill
Goodwill
19686000
CY2020Q3 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
4500000
CY2019 myfw Reclass Of Goodwill Held For Sale
ReclassOfGoodwillHeldForSale
-3600000
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9000000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10308000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
11731000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13480000
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y4M28D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M28D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0365
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0371
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
786000
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
810000
us-gaap Operating Lease Cost
OperatingLeaseCost
2401000
us-gaap Operating Lease Cost
OperatingLeaseCost
2382000
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
557000
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
395000
us-gaap Variable Lease Cost
VariableLeaseCost
1516000
us-gaap Variable Lease Cost
VariableLeaseCost
1168000
CY2020Q3 us-gaap Sublease Income
SubleaseIncome
33000
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
99000
us-gaap Sublease Income
SubleaseIncome
232000
us-gaap Sublease Income
SubleaseIncome
298000
CY2020Q3 us-gaap Lease Cost
LeaseCost
1310000
CY2019Q3 us-gaap Lease Cost
LeaseCost
1106000
us-gaap Lease Cost
LeaseCost
3685000
us-gaap Lease Cost
LeaseCost
3252000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3082000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2804000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2586000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2369000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1835000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
26000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
12702000
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
971000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
11731000
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2020Q3 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
805634000
CY2019Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
615575000
CY2020Q3 us-gaap Time Deposits
TimeDeposits
177391000
CY2019Q4 us-gaap Time Deposits
TimeDeposits
134913000
CY2020Q3 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
101708000
CY2019Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
91921000
CY2020Q3 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
5976000
CY2019Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
4307000
CY2020Q3 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1090709000
CY2019Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
846716000
CY2020Q3 myfw Time Deposits Of250000 Or More
TimeDepositsOf250000OrMore
67496000
CY2019Q4 myfw Time Deposits Of250000 Or More
TimeDepositsOf250000OrMore
61596000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2020Q3 us-gaap Profit Loss
ProfitLoss
9630000
CY2019Q3 us-gaap Profit Loss
ProfitLoss
2406000
us-gaap Profit Loss
ProfitLoss
19660000
us-gaap Profit Loss
ProfitLoss
5437000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9630000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2406000
CY2020Q3 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
18000000
CY2019Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
10000000
myfw Number Of Unsecured Federal Funds Lines Of Credit
NumberOfUnsecuredFederalFundsLinesOfCredit
3
CY2019 myfw Number Of Unsecured Federal Funds Lines Of Credit
NumberOfUnsecuredFederalFundsLinesOfCredit
3
CY2020Q3 myfw Stock Surrendered During Period Shares
StockSurrenderedDuringPeriodShares
6196
myfw Stock Surrendered During Period Shares
StockSurrenderedDuringPeriodShares
19852
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
15446
CY2019Q3 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
15446
myfw Stock Surrendered During Period Shares
StockSurrenderedDuringPeriodShares
7835
myfw Stock Surrendered During Period Value
StockSurrenderedDuringPeriodValue
100000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
62569
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
600000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
9630000
CY2019Q3 us-gaap Profit Loss
ProfitLoss
2406000
us-gaap Profit Loss
ProfitLoss
19660000
us-gaap Profit Loss
ProfitLoss
5437000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9630000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2406000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19660000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5437000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7911871
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7890794
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7888675
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7882221
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
19660000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5437000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7911871
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7890794
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7888675
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7882221
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
107136
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
24000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
73833
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
18340
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8019007
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7914794
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7962508
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7900561
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
638902
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
670714
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
618787
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
732226
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3200000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6300000
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.249
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.243
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1900000
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.245
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.255
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
5675000
CY2018Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
2659000
us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
6808000
CY2019 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
11618000
us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
7161000
CY2019 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
8602000
CY2020Q3 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
5322000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
5675000
CY2020Q3 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
21800000
CY2019Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
28500000
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
222000
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
7482000
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
191000
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
39000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
1066000
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-38000
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
-16000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
3074000
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
245000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
11622000
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
153000
CY2019Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
1184000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
245000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
244000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
55000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
1713000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-91000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
-55000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
8725000
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
245000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
11622000
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
153000
CY2020Q3 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
600000
CY2019Q4 us-gaap Other Real Estate
OtherRealEstate
2400000
CY2019Q4 us-gaap Real Estate Owned Valuation Allowance
RealEstateOwnedValuationAllowance
1800000
CY2019 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
200000
CY2020Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
14410000
CY2020Q3 us-gaap Interest Expense
InterestExpense
1492000
CY2020Q3 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
1496000
CY2020Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
11422000
CY2020Q3 us-gaap Noninterest Income
NoninterestIncome
18032000
CY2020Q3 us-gaap Revenues
Revenues
29454000
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
274000
CY2020Q3 myfw Noninterest Expense Excluding Depreciation And Amortization
NoninterestExpenseExcludingDepreciationAndAmortization
16358000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12822000
CY2020Q3 us-gaap Goodwill
Goodwill
24191000
CY2020Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
3000000
CY2020Q3 us-gaap Assets
Assets
1972897000
CY2019Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11473000
CY2019Q3 us-gaap Interest Expense
InterestExpense
3533000
CY2019Q3 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
100000
CY2019Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7840000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1347000
myfw Noninterest Expense Excluding Depreciation And Amortization
NoninterestExpenseExcludingDepreciationAndAmortization
39354000
CY2019Q3 us-gaap Noninterest Income
NoninterestIncome
8788000
CY2019Q3 us-gaap Revenues
Revenues
16628000
CY2019Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
351000
CY2019Q3 myfw Noninterest Expense Excluding Depreciation And Amortization
NoninterestExpenseExcludingDepreciationAndAmortization
13091000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3186000
CY2019Q3 us-gaap Goodwill
Goodwill
19686000
CY2019Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
3553000
CY2019Q3 us-gaap Assets
Assets
1271925000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
38392000
us-gaap Interest Expense
InterestExpense
5747000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
3987000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
28658000
us-gaap Noninterest Income
NoninterestIncome
41226000
us-gaap Revenues
Revenues
69884000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
826000
myfw Noninterest Expense Excluding Depreciation And Amortization
NoninterestExpenseExcludingDepreciationAndAmortization
43097000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
25961000
CY2020Q3 us-gaap Goodwill
Goodwill
24191000
CY2020Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
3000000
CY2020Q3 us-gaap Assets
Assets
1972897000
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-600000
myfw Other Expenses Penalty
OtherExpensesPenalty
200000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
33698000
us-gaap Interest Expense
InterestExpense
9827000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
216000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
23655000
us-gaap Noninterest Income
NoninterestIncome
24348000
us-gaap Revenues
Revenues
48003000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7302000
CY2019Q3 us-gaap Goodwill
Goodwill
19686000
CY2019Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
3553000
CY2019Q3 us-gaap Assets
Assets
1271925000
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
1600000
myfw Capital Injection
CapitalInjection
10000000.0
myfw Minimum Capital Conservation Buffer Percentage
MinimumCapitalConservationBufferPercentage
0.070
CY2020Q3 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.085
CY2020Q3 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.105
CY2020Q3 myfw Common Equity Tier One Risk Based Capital Required For Minimum Capital Adequacy With Capital Conservation Buffer Purposes Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForMinimumCapitalAdequacyWithCapitalConservationBufferPurposesRiskWeightedAssets
0.070
CY2020Q3 myfw Tier One Risk Based Capital Required For Capital Adequacy With Capital Conservation Buffer To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyWithCapitalConservationBufferToRiskWeightedAssets
0.085
CY2020Q3 myfw Capital Required For Capital Adequacy With Capital Conservation Buffer To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyWithCapitalConservationBufferToRiskWeightedAssets
0.105
myfw Number Of Conditions
NumberOfConditions
0
CY2020Q3 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
122987000
CY2020Q3 myfw Common Equity Tier One Capital To Risk Weighted Assets Ratio
CommonEquityTierOneCapitalToRiskWeightedAssetsRatio
0.0988
CY2020Q3 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
122987000
CY2020Q3 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.0988
CY2020Q3 us-gaap Capital
Capital
149753000
CY2020Q3 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1203
CY2020Q3 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
122987000
CY2020Q3 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0752
CY2019Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
105821000
CY2019Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1131
CY2019Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
105821000
CY2019Q4 myfw Common Equity Tier One Capital To Risk Weighted Assets Ratio
CommonEquityTierOneCapitalToRiskWeightedAssetsRatio
0.1131
CY2019Q4 us-gaap Capital
Capital
120429000
CY2019Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1287
CY2019Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
105821000
CY2019Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0858

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