First Western Financial INC 8-K filings

First Western Financial, Inc. has adopted a new discretionary incentive compensation plan for its Named Executive Officers (NEOs), effective January 1, 2024, designed to align executive pay with company performance.

First Western Financial reported a net income of $2.5 million for Q1 2024, a significant improvement from the net loss in the previous quarter.

First Western Financial has amended its fourth-quarter and full-year 2023 financial results to reflect a $3.5 million charge-off, net of tax, due to a borrower's bankruptcy filing.

First Western Financial, Inc. reports the resignation of its Chief Investment Officer, John E. Sawyer, effective March 5, 2024.

First Western Financial, a regional wealth manager, presented its growth strategies, financial performance, and market positioning to investors, highlighting its focus on high-net-worth clients and expansion in attractive markets.

First Western Financial, Inc. has formalized an employment agreement with its Chief Financial Officer, David R. Weber, effective February 14, 2024, outlining his compensation, benefits, and termination conditions.

First Western Financial reported a decrease in net income for the fourth quarter of 2023, despite significant deposit growth and a reduced loan-to-deposit ratio.