Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 66

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 66
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    | $ |     -1.41 | ​ | ​ | ​ | ​    | $ |      -3.53 | ​ | ​ | ​ | ​    | $ |       1.96 | ​ | ​ |
| Non-performing assets to total assets       | ​ | ​ | ​    | ​ |     0.37% | ​ | ​ | ​ | ​    | ​ |      0.15% | ​ | ​ | ​ | ​    | ​ |      0.13% | ​ | ​ |
| Loans, including loans held for sale        | ​ | ​ | ​    | $ | 9,227,212 | ​ | ​ | ​ | ​    | $ | 10,177,802 | ​ | ​ | ​ | ​    | $ | 10,726,193 | ​ | ​ |
| Deposits                                    | ​ | ​ | ​    | $ | 9,870,279 | ​ | ​ | ​ | ​    | $ | 10,688,932 | ​ | ​ | ​ | ​    | $ | 10,362,612 | ​ | ​ |
| Return on average tangible common equity(1) | ​ | ​ | ​    | ​ |    (0.7)% | ​ | ​ | ​ | ​    | ​ |       1.9% | ​ | ​ | ​ | ​    | ​ |      13.0% | ​ | ​ |
| Tangible book value per share(2)            | ​ | ​ | ​    | $ |     12.75 | ​ | ​ | ​ | ​    | $ |      16.30 | ​ | ​ | ​ | ​    | $ |      16.20 | ​ | ​ |

(1) Return on average tangible common equity is a non-GAAP financial measure. Return on average tangible common equity is calculated by excluding average goodwill and intangible assets from the average shareholders’ equity during the associated periods. Adjusted net income available to common shareholders includes various adjustments to net income and the associated tax effect of those adjustments during the associated periods. (2) Tangible book value per share is a non-GAAP financial measure. Tangible book value per share is calculated by dividing tangible common equity by basic common shares outstanding, as compared to book value per share, which is calculated by dividing shareholders’ equity by basic common shares outstanding. Tangible common equity is equal to shareholders’ equity