2021 Q4 Form 10-K Financial Statement

#000155837022003657 Filed on March 15, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $95.43M
YoY Change 3.06%
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 $400.0K $1.273M $300.0K
YoY Change 33.33% 13.97% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $5.416M
YoY Change -25.11%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.590M $27.28M $7.100M
YoY Change -63.52% -17.49% 145.67%
Income Tax $670.0K $6.670M $2.230M
% Of Pretax Income 25.87% 24.45% 31.41%
Net Earnings $1.920M $20.61M $4.870M
YoY Change -60.57% -15.99% 89.49%
Net Earnings / Revenue 21.6%
Basic Earnings Per Share $2.58
Diluted Earnings Per Share $229.4K $2.50 $611.8K
COMMON SHARES
Basic Shares Outstanding 8.032M 7.980M 7.952M
Diluted Shares Outstanding 8.235M

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $387.0M $156.0M
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 $23.98M $34.70M $5.320M
YoY Change 350.68% 107.78% 1.95%
Goodwill $30.60M $24.19M
YoY Change 26.49% 22.88%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.000M $7.000M $6.100M
YoY Change 14.75% 14.75% -29.07%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.527B $2.528B $1.974B
YoY Change 28.06% 28.06% 57.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $400.0K $400.0K $500.0K
YoY Change -20.0% -20.0% 66.67%
Accrued Expenses $13.90M $13.90M $14.00M
YoY Change -0.71% -0.71% 3.7%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.30M $14.30M $14.50M
YoY Change -1.38% -1.38% 5.07%
LONG-TERM LIABILITIES
Long-Term Debt $39.00M $39.00M $24.30M
YoY Change 60.49% 60.49% 268.18%
Other Long-Term Liabilities $10.90M $10.90M $10.50M
YoY Change 3.81% 3.81% 52.17%
Total Long-Term Liabilities $49.90M $49.90M $34.80M
YoY Change 43.39% 43.39% 157.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.30M $14.30M $14.50M
Total Long-Term Liabilities $49.90M $49.90M $34.80M
Total Liabilities $2.308B $2.308B $1.819B
YoY Change 26.93% 26.93% 61.8%
SHAREHOLDERS EQUITY
Retained Earnings $30.19M $9.579M
YoY Change 215.16% -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 $219.0M $219.0M $155.0M
YoY Change
Total Liabilities & Shareholders Equity $2.527B $2.528B $1.974B
YoY Change 28.06% 28.06% 57.68%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $1.920M $20.61M $4.870M
YoY Change -60.57% -15.99% 89.49%
Depreciation, Depletion And Amortization $400.0K $1.273M $300.0K
YoY Change 33.33% 13.97% 0.0%
Cash From Operating Activities $29.40M $165.8M -$63.80M
YoY Change -146.08% -277.72% -357.26%
INVESTING ACTIVITIES
Capital Expenditures -$300.0K $2.108M -$500.0K
YoY Change -40.0% 74.94%
Acquisitions -$121.0M
YoY Change -297.33%
Other Investing Activities $21.70M -$44.30M -$23.60M
YoY Change -191.95% -90.26% -65.99%
Cash From Investing Activities $21.50M -$46.36M -$24.10M
YoY Change -189.21% -89.83% -65.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.80M 111.5M -6.400M
YoY Change -503.13% -82.21% -71.93%
NET CHANGE
Cash From Operating Activities 29.40M 165.8M -63.80M
Cash From Investing Activities 21.50M -46.36M -24.10M
Cash From Financing Activities 25.80M 111.5M -6.400M
Net Change In Cash 76.70M 231.0M -94.30M
YoY Change -181.34% 198.63% 39.7%
FREE CASH FLOW
Cash From Operating Activities $29.40M $165.8M -$63.80M
Capital Expenditures -$300.0K $2.108M -$500.0K
Free Cash Flow $29.70M $163.7M -$63.30M
YoY Change -146.92% -273.23% -355.24%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2021Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2021 dei Entity Central Index Key
EntityCentralIndexKey
0001327607
CY2021 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2021 dei Amendment Flag
AmendmentFlag
false
CY2020 us-gaap Income Loss From Affordable Housing Projects Equity Method Investments
IncomeLossFromAffordableHousingProjectsEquityMethodInvestments
0
CY2021 us-gaap Income Loss From Affordable Housing Projects Equity Method Investments
IncomeLossFromAffordableHousingProjectsEquityMethodInvestments
0
CY2021 dei Entity Registrant Name
EntityRegistrantName
First Western Financial Inc
CY2021 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2021 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2021 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7951773
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9419271
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
CY2020Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2020Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0
CY2021 dei Document Type
DocumentType
10-K
CY2021 dei Document Annual Report
DocumentAnnualReport
true
CY2021 dei Document Period End Date
DocumentPeriodEndDate
2021-12-31
CY2021 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021 dei Document Transition Report
DocumentTransitionReport
false
CY2021 dei Entity File Number
EntityFileNumber
001-38595
CY2021 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
CO
CY2021 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
37-1442266
CY2021 dei Entity Address Address Line1
EntityAddressAddressLine1
1900 16th Street
CY2021 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1200
CY2021 dei Entity Address City Or Town
EntityAddressCityOrTown
Denver
CY2021 dei Entity Address State Or Province
EntityAddressStateOrProvince
CO
CY2021 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
80202
CY2021 dei City Area Code
CityAreaCode
303
CY2021 dei Local Phone Number
LocalPhoneNumber
531.8100
CY2021 dei Security12b Title
Security12bTitle
Common Stock, no par value
CY2021 dei Trading Symbol
TradingSymbol
MYFW
CY2021 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2021 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2021 dei Entity Small Business
EntitySmallBusiness
true
CY2021 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2021 dei Entity Ex Transition Period
EntityExTransitionPeriod
true
CY2021 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2021 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Public Float
EntityPublicFloat
166400000
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9430007
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
127678000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
24534000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
844000
CY2021 dei Auditor Firm
AuditorFirmId
173
CY2021 dei Auditor Name
AuditorName
Crowe LLP
CY2021 dei Auditor Location
AuditorLocation
Denver, Colorado
CY2021Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
6487000
CY2020Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
2405000
CY2021Q4 us-gaap Federal Funds Sold
FederalFundsSold
1491000
CY2021Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
379005000
CY2020Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
153584000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
386983000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
155989000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
56211000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
36666000
CY2021Q4 myfw Correspondent Bank Stock At Cost
CorrespondentBankStockAtCost
2584000
CY2020Q4 myfw Correspondent Bank Stock At Cost
CorrespondentBankStockAtCost
2552000
CY2021Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
30620000
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
161843000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
13732000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12539000
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1935405000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1520294000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23976000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5320000
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
7151000
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
6618000
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
5267000
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
4865000
CY2021Q4 us-gaap Other Receivables
OtherReceivables
1949000
CY2020Q4 us-gaap Other Receivables
OtherReceivables
1422000
CY2020Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
194000
CY2021Q4 myfw Goodwill And Other Intangible Assets Net
GoodwillAndOtherIntangibleAssetsNet
31902000
CY2020Q4 myfw Goodwill And Other Intangible Assets Net
GoodwillAndOtherIntangibleAssetsNet
24258000
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
6845000
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
6056000
CY2021Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
15803000
CY2020Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
15449000
CY2021Q4 us-gaap Other Assets
OtherAssets
22678000
CY2020Q4 us-gaap Other Assets
OtherAssets
32129000
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
115000
CY2021Q4 us-gaap Assets
Assets
2527489000
CY2020Q4 us-gaap Assets
Assets
1973655000
CY2021Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
636304000
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
481457000
CY2021Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1569399000
CY2020Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1138453000
CY2021Q4 us-gaap Deposits
Deposits
2205703000
CY2020Q4 us-gaap Deposits
Deposits
1619910000
CY2021Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
38629000
CY2020Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
149563000
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9419271
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7951773
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
188629000
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
144703000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
30189000
CY2021Q4 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
39031000
CY2020Q4 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
24291000
CY2021Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
355000
CY2020Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
453000
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
24730000
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
24476000
CY2021Q4 us-gaap Liabilities
Liabilities
2308448000
CY2020Q4 us-gaap Liabilities
Liabilities
1818693000
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9579000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
223000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
680000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
219041000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
154962000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2527489000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1973655000
CY2021 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
60758000
CY2020 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
51998000
CY2021 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
770000
CY2020 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
878000
CY2021 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
397000
CY2020 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
458000
CY2021 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
61925000
CY2020 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
53334000
CY2021 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3482000
CY2020 us-gaap Interest Expense Deposits
InterestExpenseDeposits
5794000
CY2021 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1934000
CY2020 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1438000
CY2021 us-gaap Interest Expense
InterestExpense
5416000
CY2020 us-gaap Interest Expense
InterestExpense
7232000
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
56509000
CY2020 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
46102000
CY2021 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
1230000
CY2020 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
4682000
CY2020 us-gaap Noninterest Income
NoninterestIncome
51180000
CY2021 us-gaap Revenues
Revenues
95429000
CY2020 us-gaap Revenues
Revenues
92600000
CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
40746000
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
34785000
CY2021 us-gaap Occupancy Net
OccupancyNet
5990000
CY2020 us-gaap Occupancy Net
OccupancyNet
6009000
CY2021 us-gaap Professional Fees
ProfessionalFees
6473000
CY2020 us-gaap Professional Fees
ProfessionalFees
5035000
CY2021 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
55279000
CY2020 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
41420000
CY2021 us-gaap Investment Banking Revenue
InvestmentBankingRevenue
20220000
CY2020 us-gaap Investment Banking Revenue
InvestmentBankingRevenue
19022000
CY2021 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
16060000
CY2020 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
29276000
CY2021 myfw Bank Fees
BankFees
1847000
CY2020 myfw Bank Fees
BankFees
1320000
CY2021 myfw Risk Management And Insurance Fees
RiskManagementAndInsuranceFees
1120000
CY2020 myfw Risk Management And Insurance Fees
RiskManagementAndInsuranceFees
1199000
CY2021 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
354000
CY2020 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
363000
CY2021 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
489000
CY2021 us-gaap Noninterest Income Other
NoninterestIncomeOther
60000
CY2021 us-gaap Noninterest Income
NoninterestIncome
40150000
CY2021 myfw Technology Information Systems
TechnologyInformationSystems
3707000
CY2020 myfw Technology Information Systems
TechnologyInformationSystems
4035000
CY2021 myfw Data Processing
DataProcessing
6327000
CY2020 myfw Data Processing
DataProcessing
4000000
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1613000
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1478000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000
CY2020 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-553000
CY2020 us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
176000
CY2021 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3276000
CY2020 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3452000
CY2021 us-gaap Noninterest Expense
NoninterestExpense
68149000
CY2020 us-gaap Noninterest Expense
NoninterestExpense
59537000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
27280000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
33063000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6670000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8529000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20610000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24534000
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.58
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.11
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.50
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.08
CY2020 us-gaap Profit Loss
ProfitLoss
24534000
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-457000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
844000
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
20153000
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
25378000
CY2021 us-gaap Profit Loss
ProfitLoss
20610000
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-261000
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
377000
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2544000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
154962000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
20610000
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-457000
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-501000
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
39818000
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1706000
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2903000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
219041000
CY2021 us-gaap Profit Loss
ProfitLoss
20610000
CY2020 us-gaap Profit Loss
ProfitLoss
24534000
CY2021 myfw Amortization Of Investment Securities
AmortizationOfInvestmentSecurities
131000
CY2020 myfw Amortization Of Investment Securities
AmortizationOfInvestmentSecurities
442000
CY2021 us-gaap Investment Income Dividend
InvestmentIncomeDividend
76000
CY2020 us-gaap Investment Income Dividend
InvestmentIncomeDividend
17000
CY2021 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
1230000
CY2020 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
4682000
CY2021 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
16060000
CY2020 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
29276000
CY2021 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1263346000
CY2020 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1331989000
CY2021 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1417808000
CY2020 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1238881000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1273000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1117000
CY2020 us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
176000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-668000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1300000
CY2021 myfw Gain Loss Due To Increase Decrease In Cash Surrender Value Of Company Owned Life
GainLossDueToIncreaseDecreaseInCashSurrenderValueOfCompanyOwnedLife
354000
CY2020 myfw Gain Loss Due To Increase Decrease In Cash Surrender Value Of Company Owned Life
GainLossDueToIncreaseDecreaseInCashSurrenderValueOfCompanyOwnedLife
363000
CY2020 myfw Gain Loss On Held For Sale Assets
GainLossOnHeldForSaleAssets
-553000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2903000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
2544000
CY2021 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
489000
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-27000
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
43000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
247000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-355000
CY2021 myfw Increase Decrease In Accrued Interest Receivable And Other Assets
IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
-1254000
CY2020 myfw Increase Decrease In Accrued Interest Receivable And Other Assets
IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
4473000
CY2021 myfw Increase Decrease In Accrued Interest Payable And Other Liabilities
IncreaseDecreaseInAccruedInterestPayableAndOtherLiabilities
-1852000
CY2020 myfw Increase Decrease In Accrued Interest Payable And Other Liabilities
IncreaseDecreaseInAccruedInterestPayableAndOtherLiabilities
-858000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
165848000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-93319000
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
16241000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
28639000
CY2021Q4 myfw Debt Securities Available For Sale Carrying Value Pledged As Collateral
DebtSecuritiesAvailableForSaleCarryingValuePledgedAsCollateral
17300000
CY2021 myfw Payments To Acquire Available For Sale Securities Purchases
PaymentsToAcquireAvailableForSaleSecuritiesPurchases
17667000
CY2020 myfw Payments To Acquire Available For Sale Securities Purchases
PaymentsToAcquireAvailableForSaleSecuritiesPurchases
6000000
CY2021 myfw Redemption Purchase Of Correspondent Bank Stock
RedemptionPurchaseOfCorrespondentBankStock
-1000
CY2020 myfw Redemption Purchase Of Correspondent Bank Stock
RedemptionPurchaseOfCorrespondentBankStock
-1950000
CY2021 myfw Proceeds From Redemption Of Correspondent Bank Stock
ProceedsFromRedemptionOfCorrespondentBankStock
973000
CY2021 myfw Payments Made To Low Income Housing Tax Credit Investments
PaymentsMadeToLowIncomeHousingTaxCreditInvestments
2087000
CY2021 myfw Payments To Loan And Note Receivable Originations And Principal Collections Net
PaymentsToLoanAndNoteReceivableOriginationsAndPrincipalCollectionsNet
162900000
CY2020 myfw Payments To Loan And Note Receivable Originations And Principal Collections Net
PaymentsToLoanAndNoteReceivableOriginationsAndPrincipalCollectionsNet
414486000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2108000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1205000
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10000
CY2021 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
194000
CY2020 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
288000
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-120997000
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
61316000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46358000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-456020000
CY2021 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
206566000
CY2020 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
470046000
CY2020 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
30000000
CY2020 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
35000000
CY2021 myfw Payments To Federal Reserve Borrowings
PaymentsToFederalReserveBorrowings
194608000
CY2020 myfw Payments To Federal Reserve Borrowings
PaymentsToFederalReserveBorrowings
69750000
CY2021 myfw Proceeds From Federal Reserve Borrowings
ProceedsFromFederalReserveBorrowings
83674000
CY2020 myfw Proceeds From Federal Reserve Borrowings
ProceedsFromFederalReserveBorrowings
204313000
CY2021 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
14667000
CY2020 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
17719000
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1706000
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
377000
CY2021 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
501000
CY2020 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
261000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
111504000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
626690000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
230994000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
77351000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
155989000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
78638000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
386983000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
155989000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
5514000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
7078000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6336000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11763000
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
5287000
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
5659000
CY2021 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
39818000
CY2020 myfw Reclass Of Held For Sale Assets Net Of Liabilities
ReclassOfHeldForSaleAssetsNetOfLiabilities
-2990000
CY2020 us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
3062000
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
620000
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1113000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2262000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3600000
CY2020Q4 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
3100000
CY2020Q4 myfw Business Combination Period Of Quarterly Payments
BusinessCombinationPeriodOfQuarterlyPayments
P3Y
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:36pt;margin:0pt;"><span style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">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;line-height:1.19;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 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>
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Concentration of Credit Risk</span>: Most of the Company’s lending activity is to clients located in and around metro Denver, Aspen, Fort Collins, and Vail, Colorado; Phoenix and Scottsdale, Arizona; and Jackson Hole, Wyoming. The Company does not believe it has significant concentrations in any one industry or customer. As of December 31, 2021 and December 31, 2020, 76.1% and 66.9%, 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>
CY2020 myfw Number Of Securities Determined To Be Other Than Temporarily Impaired
NumberOfSecuritiesDeterminedToBeOtherThanTemporarilyImpaired
0
CY2021 myfw Number Of Securities Determined To Be Other Than Temporarily Impaired
NumberOfSecuritiesDeterminedToBeOtherThanTemporarilyImpaired
0
CY2020 myfw Impairment Of Correspondent Bank Stock
ImpairmentOfCorrespondentBankStock
0
CY2021 myfw Impairment Of Correspondent Bank Stock
ImpairmentOfCorrespondentBankStock
0
CY2021Q4 myfw Financial Receivables Loans Covenant Violation And Downgrade Minimum Percent
FinancialReceivablesLoansCovenantViolationAndDowngradeMinimumPercent
0.50
CY2021Q4 myfw Financial Receivables Loans Minimum Reduction In Collateral Position
FinancialReceivablesLoansMinimumReductionInCollateralPosition
0.20
CY2021Q4 myfw Financial Receivables Maximum Percent High Risk Industry Loans
FinancialReceivablesMaximumPercentHighRiskIndustryLoans
0.043
CY2020 myfw Performance Based Incentive Fees
PerformanceBasedIncentiveFees
0
CY2021 myfw Performance Based Incentive Fees
PerformanceBasedIncentiveFees
0
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
6400000
CY2021Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
4101000
CY2020Q2 us-gaap Goodwill
Goodwill
4500000
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
68019000
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
56465000
CY2021 myfw Business Acquisition Pro Forma Non Interest Income
BusinessAcquisitionProFormaNonInterestIncome
41206000
CY2020 myfw Business Acquisition Pro Forma Non Interest Income
BusinessAcquisitionProFormaNonInterestIncome
52926000
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
23234000
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
23689000
CY2021 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
2.49
CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
2.55
CY2021 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.43
CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.55
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
55915000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
478000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
182000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
56211000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
35750000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
980000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
64000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
36666000
CY2021 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
100000
CY2020 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
400000
CY2020 myfw Threshold Percentage Of Shareholders Equity Amount Held As Securities By One Issuer
ThresholdPercentageOfShareholdersEquityAmountHeldAsSecuritiesByOneIssuer
0.10
CY2021 myfw Threshold Percentage Of Shareholders Equity Amount Held As Securities By One Issuer
ThresholdPercentageOfShareholdersEquityAmountHeldAsSecuritiesByOneIssuer
0.10
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
200000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
100000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
17937000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
164000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
521000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
18000
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
18458000
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
182000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
4369000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
51000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
566000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
13000
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
4935000
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
64000
CY2021Q4 myfw Correspondent Bank Stock At Cost
CorrespondentBankStockAtCost
2584000
CY2020Q4 myfw Correspondent Bank Stock At Cost
CorrespondentBankStockAtCost
2552000
CY2021Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1954168000
CY2020Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1534185000
CY2021Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-5031000
CY2020Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-1352000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
13732000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12539000
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1935405000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1520294000
CY2021Q4 myfw Financial Receivables Loans Covenant Violation And Downgrade Minimum Percent
FinancialReceivablesLoansCovenantViolationAndDowngradeMinimumPercent
0.50
CY2021Q4 myfw Financial Receivables Loans Minimum Reduction In Collateral Position
FinancialReceivablesLoansMinimumReductionInCollateralPosition
0.20
CY2021Q4 myfw Financial Receivables Maximum Percent High Risk Industry Loans
FinancialReceivablesMaximumPercentHighRiskIndustryLoans
0.043
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
12329000
CY2021Q4 myfw Financing Receivables Recorded Investment Current
FinancingReceivablesRecordedInvestmentCurrent
1941839000
CY2021Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1954168000
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
6362000
CY2020Q4 myfw Financing Receivables Recorded Investment Current
FinancingReceivablesRecordedInvestmentCurrent
1527823000
CY2020Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1534185000
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4262000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4058000
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
4300000
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
3600000
CY2021Q4 myfw Impaired Financing Receivable Net Recorded Investment
ImpairedFinancingReceivableNetRecordedInvestment
2564000
CY2020Q4 myfw Impaired Financing Receivable Net Recorded Investment
ImpairedFinancingReceivableNetRecordedInvestment
1958000
CY2020Q4 myfw Financing Receivable Additional Funds To Loans Classified As Tdrs
FinancingReceivableAdditionalFundsToLoansClassifiedAsTdrs
0
CY2021Q4 myfw Financing Receivable Additional Funds To Loans Classified As Tdrs
FinancingReceivableAdditionalFundsToLoansClassifiedAsTdrs
0
CY2021 myfw Number Of Loans Classified As Troubled Debt Restructuring
NumberOfLoansClassifiedAsTroubledDebtRestructuring
3
CY2021 myfw Interest Only Payments Period For Modified Loans
InterestOnlyPaymentsPeriodForModifiedLoans
P6M
CY2020 myfw Number Of Loans Classified As Troubled Debt Restructuring
NumberOfLoansClassifiedAsTroubledDebtRestructuring
1
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2192000
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2192000
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1753000
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
3421000
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
3421000
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1621000
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
2070000
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
2070000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
637000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
637000
CY2021Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
4262000
CY2021Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
4262000
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1753000
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
4058000
CY2020Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
4058000
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1621000
CY2021 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2415000
CY2021 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
21000
CY2020 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
3454000
CY2021 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
485000
CY2021 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
313000
CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
6169000
CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
336000
CY2021 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
2900000
CY2021 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
334000
CY2020 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
9623000
CY2020 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
336000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
12539000
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1230000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
44000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
7000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
13732000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1753000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
11979000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
13732000
CY2021Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
4262000
CY2021Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1949906000
CY2021Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1954168000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7875000
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
4682000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
31000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
13000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
12539000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1621000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
10918000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
12539000
CY2020Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
4058000
CY2020Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1530127000
CY2020Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1534185000
CY2021Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1954168000
CY2020Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
1534185000
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M3D
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
34778000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14944000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10802000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9624000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23976000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5320000
CY2020 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
1100000
CY2021 us-gaap Depreciation
Depreciation
1200000
CY2020 us-gaap Depreciation
Depreciation
1100000
CY2020Q4 us-gaap Goodwill
Goodwill
24191000
CY2019Q4 us-gaap Goodwill
Goodwill
19686000
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
6397000
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4505000
CY2021Q4 us-gaap Goodwill
Goodwill
30588000
CY2020Q4 us-gaap Goodwill
Goodwill
24191000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M14D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0267
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0304
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5857000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4593000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4543000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4526000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1314000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
67000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
241000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
165000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
145000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
130000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
122000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
511000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1314000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10720000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11341000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13863000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13970000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3461000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
3040000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
3162000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
1756000
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
1894000
CY2020 us-gaap Sublease Income
SubleaseIncome
232000
CY2021 us-gaap Lease Cost
LeaseCost
4796000
CY2020 us-gaap Lease Cost
LeaseCost
4824000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3210000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3064000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2073000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
703000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2168000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14679000
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
816000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13863000
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
0
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
286000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
221000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
199000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
706000
CY2021Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1056669000
CY2020Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
847430000
CY2021Q4 us-gaap Time Deposits
TimeDeposits
170491000
CY2020Q4 us-gaap Time Deposits
TimeDeposits
172682000
CY2021Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
309940000
CY2020Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
113052000
CY2021Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
32299000
CY2020Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
5289000
CY2021Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1569399000
CY2020Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1138453000
CY2021Q4 myfw Time Deposits Of250000 Or More
TimeDepositsOf250000OrMore
75747000
CY2020Q4 myfw Time Deposits Of250000 Or More
TimeDepositsOf250000OrMore
73401000
CY2021 myfw Business Combination Recognized Identifiable Asset Acquired And Liability Assumed Deposits
BusinessCombinationRecognizedIdentifiableAssetAcquiredAndLiabilityAssumedDeposits
379200000
CY2020Q2 myfw Business Combination Recognized Identifiable Asset Acquired And Liability Assumed Deposits
BusinessCombinationRecognizedIdentifiableAssetAcquiredAndLiabilityAssumedDeposits
63100000
CY2020Q4 myfw Overdrafts Classified As Loans
OverdraftsClassifiedAsLoans
100000
CY2021Q4 myfw Overdrafts Classified As Loans
OverdraftsClassifiedAsLoans
100000
CY2021Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
114073000
CY2021Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
31597000
CY2021Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
4461000
CY2021Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
1909000
CY2021Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
18428000
CY2021Q4 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
23000
CY2021Q4 us-gaap Time Deposits
TimeDeposits
170491000
CY2021Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
15000000
CY2020Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
15000000
CY2021 myfw Number Of Unsecured Federal Funds Lines Of Credit
NumberOfUnsecuredFederalFundsLinesOfCredit
3
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
1500000
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
800000
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0
CY2021 myfw Stock Surrendered During Period Shares
StockSurrenderedDuringPeriodShares
20693
CY2021 myfw Stock Surrendered During Period Value
StockSurrenderedDuringPeriodValue
500000
CY2020 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
34710
CY2020 myfw Stock Surrendered During Period Shares
StockSurrenderedDuringPeriodShares
20043
CY2020 myfw Stock Surrendered During Period Value
StockSurrenderedDuringPeriodValue
300000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20610000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24534000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7980491
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7899278
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.58
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.11
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
20610000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
24534000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7980491
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7899278
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
254687
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
62626
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8235178
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7961904
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.50
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.08
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
210476
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
614116
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6228000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7970000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1110000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1859000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7338000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9829000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-734000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1392000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
66000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-280000
CY2020 myfw Deferred Income Tax Expense Benefit Valuation Allowances
DeferredIncomeTaxExpenseBenefitValuationAllowances
372000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-668000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1300000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6670000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8529000
CY2020 myfw Deferred Income Tax Expense Benefit Valuation Allowances
DeferredIncomeTaxExpenseBenefitValuationAllowances
372000
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-399000
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
157000
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
5729000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6943000
CY2021 myfw Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
169000
CY2020 myfw Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
-57000
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1018000
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1150000
CY2021 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
386000
CY2020 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
36000
CY2021 myfw Income Tax Reconciliation Tax Credits Investment Amortization
IncomeTaxReconciliationTaxCreditsInvestmentAmortization
-539000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6670000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8529000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
395000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
577000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
3385000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
3054000
CY2021Q4 myfw Deferred Tax Assets Assets Acquired
DeferredTaxAssetsAssetsAcquired
976000
CY2021Q4 myfw Deferred Tax Assets Acquisition Related Basis Adjustment
DeferredTaxAssetsAcquisitionRelatedBasisAdjustment
226000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
753000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
635000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1800000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1613000
CY2021Q4 myfw Deferred Tax Assets Tax Deferred Expense Allowance For Losses On Other Real Estate Owned
DeferredTaxAssetsTaxDeferredExpenseAllowanceForLossesOnOtherRealEstateOwned
463000
CY2020Q4 myfw Deferred Tax Assets Tax Deferred Expense Allowance For Losses On Other Real Estate Owned
DeferredTaxAssetsTaxDeferredExpenseAllowanceForLossesOnOtherRealEstateOwned
484000
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
279000
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
615000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
868000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
898000
CY2020Q4 myfw Deferred Tax Assets Loan Fees
DeferredTaxAssetsLoanFees
244000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
821000
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
382000
CY2020Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
200000
CY2020Q4 us-gaap Other Real Estate
OtherRealEstate
2100000
CY2020Q4 us-gaap Real Estate Owned Valuation Allowance
RealEstateOwnedValuationAllowance
1900000
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
553000
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
10348000
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
8673000
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
1137000
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
1013000
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1636000
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
904000
CY2021Q4 us-gaap Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
73000
CY2020Q4 us-gaap Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
236000
CY2021Q4 myfw Deferred Tax Liabilities Loan Fees
DeferredTaxLiabilitiesLoanFees
155000
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
130000
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
92000
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3131000
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2245000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
372000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
372000
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
6845000
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
6056000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2021 myfw Period With In Which Unrecognized Tax Benefits Will Increase Decrease
PeriodWithInWhichUnrecognizedTaxBenefitsWillIncreaseDecrease
P12M
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
1
CY2021 myfw Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
1000000.0
CY2020 myfw Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
900000
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
100000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
14321000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
5675000
CY2021 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
11294000
CY2020 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
17348000
CY2021 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
12782000
CY2020 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
8702000
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
12833000
CY2021 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
61925000
CY2021 us-gaap Interest Expense
InterestExpense
5416000
CY2021 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
1230000
CY2021 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
55279000
CY2021 us-gaap Noninterest Income
NoninterestIncome
40150000
CY2021 us-gaap Revenues
Revenues
95429000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1200000
CY2021 myfw Noninterest Expense Excluding Depreciation And Amortization
NoninterestExpenseExcludingDepreciationAndAmortization
66949000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
27280000
CY2021Q4 us-gaap Goodwill
Goodwill
30588000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
14321000
CY2021Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
51000000.0
CY2020Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
26200000
CY2021Q4 myfw Related Party Assets Under Management
RelatedPartyAssetsUnderManagement
103100000
CY2020Q4 myfw Related Party Assets Under Management
RelatedPartyAssetsUnderManagement
92100000
CY2021Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2021Q4 us-gaap Assets
Assets
2527489000
CY2020 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
53334000
CY2020 us-gaap Interest Expense
InterestExpense
7232000
CY2020 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
4682000
CY2020 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
41420000
CY2020 us-gaap Noninterest Income
NoninterestIncome
51180000
CY2020 us-gaap Revenues
Revenues
92600000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1105000
CY2020 myfw Noninterest Expense Excluding Depreciation And Amortization
NoninterestExpenseExcludingDepreciationAndAmortization
58432000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
33063000
CY2020Q4 us-gaap Goodwill
Goodwill
24191000
CY2020Q4 us-gaap Assets
Assets
1973655000
CY2021Q4 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
200000
CY2020Q4 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
2200000
CY2021 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
500000
CY2020 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
100000
CY2021 myfw Corporate Development And Related Non Interest Expense
CorporateDevelopmentAndRelatedNonInterestExpense
1769000
CY2020 myfw Corporate Development And Related Non Interest Expense
CorporateDevelopmentAndRelatedNonInterestExpense
1517000
CY2021 myfw Loan And Deposit Related Non Interest Expense
LoanAndDepositRelatedNonInterestExpense
1016000
CY2020 myfw Loan And Deposit Related Non Interest Expense
LoanAndDepositRelatedNonInterestExpense
1453000
CY2021 myfw Miscellaneous Non Interest Expense
MiscellaneousNonInterestExpense
491000
CY2020 myfw Miscellaneous Non Interest Expense
MiscellaneousNonInterestExpense
482000
CY2021 myfw Other Non Interest Expense Based On Aggregate Total Interest And Other Income
OtherNonInterestExpenseBasedOnAggregateTotalInterestAndOtherIncome
3276000
CY2020 myfw Other Non Interest Expense Based On Aggregate Total Interest And Other Income
OtherNonInterestExpenseBasedOnAggregateTotalInterestAndOtherIncome
3452000
CY2021 myfw Capital Injection
CapitalInjection
2900000
CY2020 myfw Capital Injection
CapitalInjection
10000000.0
CY2021 myfw Minimum Capital Conservation Buffer Percentage
MinimumCapitalConservationBufferPercentage
0.025
CY2021Q4 myfw Common Equity Tier One Risk Based Capital Required For Minimum Capital Adequacy With Capital Conservation Buffer Purposes Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForMinimumCapitalAdequacyWithCapitalConservationBufferPurposesRiskWeightedAssets
0.070
CY2021Q4 myfw Tier One Risk Based Capital Required For Capital Adequacy With Capital Conservation Buffer To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyWithCapitalConservationBufferToRiskWeightedAssets
0.085
CY2021Q4 myfw Capital Required For Capital Adequacy With Capital Conservation Buffer To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyWithCapitalConservationBufferToRiskWeightedAssets
0.105
CY2021 myfw Number Of Conditions
NumberOfConditions
0
CY2021Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
188777000
CY2021Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
10.54
CY2021Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
188777000
CY2021Q4 myfw Common Equity Tier One Capital To Risk Weighted Assets Ratio
CommonEquityTierOneCapitalToRiskWeightedAssetsRatio
0.1054
CY2021Q4 us-gaap Capital
Capital
242388000
CY2021Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
13.54
CY2021Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
188777000
CY2021Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
9.31
CY2020Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
131507000
CY2020Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
9.96
CY2020Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
131507000
CY2020Q4 myfw Common Equity Tier One Capital To Risk Weighted Assets Ratio
CommonEquityTierOneCapitalToRiskWeightedAssetsRatio
0.0996
CY2020Q4 us-gaap Capital
Capital
168957000
CY2020Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
12.80
CY2020Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
131507000
CY2020Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
7.45

Files In Submission

Name View Source Status
0001558370-22-003657-index-headers.html Edgar Link pending
0001558370-22-003657-index.html Edgar Link pending
0001558370-22-003657.txt Edgar Link pending
0001558370-22-003657-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
myfw-20211231.xsd Edgar Link pending
myfw-20211231x10k.htm Edgar Link pending
myfw-20211231x10k007.jpg Edgar Link pending
myfw-20211231x10k008.jpg Edgar Link pending
myfw-20211231x10k009.jpg Edgar Link pending
myfw-20211231x10k_htm.xml Edgar Link completed
myfw-20211231xex21d1.htm Edgar Link pending
myfw-20211231xex23d1.htm Edgar Link pending
myfw-20211231xex31d1.htm Edgar Link pending
myfw-20211231xex31d2.htm Edgar Link pending
myfw-20211231xex32d1.htm Edgar Link pending
myfw-20211231xex32d2.htm Edgar Link pending
myfw-20211231xex4d7.htm Edgar Link pending
myfw-20211231_cal.xml Edgar Link unprocessable
myfw-20211231_def.xml Edgar Link unprocessable
myfw-20211231_lab.xml Edgar Link unprocessable
myfw-20211231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending