First Foundation Inc. Income Statement

Income Statement Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 2.06M2.40M0.23M2.67M4.68M2.76M4.22M2.64M6.75M10.55M0.53M0.87M22.15M
Revenue 44.35M55.50M67.56M86.96M24.38M26.71M28.75M28.66M29.46M36.02M38.79M35.27M36.23M
Interest income
Interest income - Loans 30.55M37.92M44.14M57.48M85.08M121.71M186.21M220.95M216.80M224.82M370.08M488.72M474.32M
Interest income - Investments 0.73M1.08M0.53M0.18M0.11M1.51M0.31M
Interest Income - Debt Securities 3.42M4.30M5.64M6.25M12.78M12.41M16.86M25.00M25.69M20.43M26.41M39.91M81.95M
Interest Income - Deposits 0.13M0.40M0.71M1.76M2.78M2.69M4.24M2.81M1.41M1.96M7.39M45.06M54.73M
Interest Income - Total 30.87M39.18M47.40M64.47M100.64M136.80M207.31M248.76M243.89M247.22M403.88M573.69M611.00M
Interest expenses
Interest Expense - Deposits 2.92M3.17M3.59M4.89M8.92M17.44M38.78M64.18M39.43M13.45M61.84M310.76M358.51M
Interest Expense - Debt 0.23M0.34M1.00M1.40M2.28M5.74M12.92M14.62M7.82M0.25M6.39M6.83M6.85M
Interest Expenses 3.15M3.51M4.58M6.28M11.19M23.18M51.70M78.81M47.25M13.93M85.19M371.39M428.35M
Interest Income - Net 27.73M35.67M42.81M58.19M89.45M113.62M155.61M169.95M196.64M233.28M318.69M202.31M182.64M
Non-interest income
Interest Income - Total 25.66M33.28M42.58M55.52M84.77M110.86M151.39M167.32M189.90M229.42M318.16M202.79M161.94M
Financial Services Fees 15.33M18.24M21.80M0.10M0.10M0.10M
Investment Gain (Loss) 1.31M-0.32M2.30M1.20M
Investment Banking Income 2.94M7.81M7.03M5.90M4.22M15.14M21.46M5.10M
Asset Management 18.24M21.80M23.49M24.38M26.71M
Investment Advisory 0.10M0.40M0.40M0.40M
Trading Income 2.30M1.20M
Other Non-Interest Income 1.29M1.58M2.95M2.35M3.41M4.98M6.60M8.90M10.04M12.97M9.45M48.70M50.00M
Non-Interest Income 16.62M19.82M24.75M28.77M34.56M38.72M35.77M41.78M54.65M70.45M48.23M49.35M-65.87M
Operating Items
Wages, Salaries and Other 23.27M28.76M33.55M40.46M48.57M56.56M67.51M69.93M73.87M87.91M110.22M84.30M83.92M
Rent Expense 5.07M6.56M7.33M9.26M11.98M15.40M19.78M20.91M23.89M24.98M36.24M36.81M37.50M
Other Operating Expenses 4.66M37.07M45.18M52.20M69.02M83.58M107.30M108.69M101.89M123.11M180.35M415.39M195.95M
Operating Expenses 34.48M43.62M52.51M61.46M80.99M98.98M127.08M129.59M125.78M148.09M216.59M452.20M233.45M
Operating Income 2.65M3.22M5.07M7.99M13.42M17.71M12.62M16.70M24.94M31.88M31.46M-42.01M-28.85M
EBIT 2.65M3.22M5.07M7.99M13.42M17.71M12.62M16.70M24.94M31.88M31.46M-42.01M-28.85M
Non-operating items
Non Operating Investment Income -1.04M0.68M
Net income details
EBT 7.81M9.48M14.82M22.83M38.33M50.60M60.09M79.50M118.77M151.78M149.80M-200.06M-137.38M
Tax Provisions 3.30M2.50M6.43M9.45M15.03M23.02M17.13M23.26M34.40M42.27M39.29M-1.00M-44.97M
Profit After Tax 5.80M7.85M8.39M13.38M23.30M27.58M42.96M56.24M84.37M109.51M110.51M-199.06M-92.41M
Equity Income 5.70M9.88M11.05M25.50M31.55M48.15M59.66M86.91M112.55M123.41M-189.74M-82.01M
Income from Continuing Operations 4.51M6.98M8.39M13.38M23.30M27.58M42.96M56.24M84.37M109.51M110.51M-199.06M-92.41M
Consolidated Net Income 4.51M6.98M8.39M13.38M23.30M27.58M42.96M56.24M84.37M109.51M110.51M-199.06M-92.41M
Income towards Parent Company 4.51M6.98M8.39M13.38M23.30M27.58M42.96M56.24M84.37M109.51M110.51M-199.06M-92.41M
Net Income towards Common Stockholders 5.80M7.85M8.39M13.38M23.30M27.58M42.96M56.24M84.37M109.51M110.51M-199.06M-92.41M
Additional items
EPS (Basic) 0.881.060.540.600.720.801.021.261.892.421.96-3.53-1.41
EPS (Weighted Average and Diluted) 0.851.010.510.580.700.781.011.251.882.411.96-3.53-1.41
Shares Outstanding (Weighted Average) 15.47M15.47M15.47M31.93M32.66M35.23M44.44M44.65M44.63M45.07M56.39M56.47M82.35M
Tax Rate 42.29%26.42%43.36%41.41%39.21%45.49%28.51%29.26%28.96%27.85%26.23%0.50%32.74%