Short answer
First Foundation Inc. (FFWM) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $9M (down 5.7% year over year) with net income of −$146M.
Q3 2025 key financials · XBRL
- Revenue
- $9M
- −5.7% YoY · +0.4% QoQ
- Net income
- −$146M
- −78.1% YoY · −1802.8% QoQ
- EPS (diluted)
- −$1.78
- −29.9% YoY · −1877.8% QoQ
Source: XBRL data from the First Foundation Inc. (FFWM) Q3 2025 10-Q on SEC EDGAR. USD.
First Foundation Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Cash and equivalents up $0.7B at September 30, 2025 versus December 31, 2024
- AFS securities $1.6B, up from $1.3B; net unrealized losses improved to $1.1M from $17.2M
- Loans held for investment $7.3B, down $639M; loan fundings $700M versus $1.4B in payments and payoffs
- Deposits $9.3B, down $577M; average deposit rate 3.05% versus 3.09% at December 31, 2024
- ACL $101.9M, or 1.40% of loans versus 0.41% at December 31, 2024; economic uncertainty drove a $64.4M quarterly increase
Risk Factors
- Newly added merger risk triggered by October 27, 2025 FirstSun agreement
- Regulatory approval risk involving Federal Reserve Board and OCC conditions, delays, or denial
- $19.515 million Hedge Strategy cost reducing net income during the merger pendency
- $31.4 million termination fee potentially discouraging competing acquisition proposals
- Balance-sheet repositioning risk threatening standalone earnings and strategic flexibility before closing
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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