First Western Trust Bank
Denver, Colorado, Denver County
$3.2B in total assets, the 408th largest of 4,309 US banks and 4th of 63 headquartered in Colorado.
- FDIC certificate
- 57607
- Established
- 2004
- Owned by
- First Western Financial Inc
- Primary regulator
- FDIC
- Website
- www.myfw.com
At a glance
Compared with 901 US banks with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $3.2B | 73% | $2.0B | |
| Loans | $2.7B | 79% | $1.4B | |
| Deposits | $2.9B | 76% | $1.7B | |
| Return on assets | 0.66% | 14% | 1.23% | |
| Net interest margin | 2.90% | 12% | 3.71% | |
| Efficiency ratio | 73.3% | 84% | 59.1% | |
| Equity to assets | 9.78% | 38% | 10.38% | |
| Loans to deposits | 96% | 74% | 88% |
Growth
Total assets grew 10.1% a year over the last 5 years and 13.9% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2021 | Rocky Mountain Bank Jackson, WY | $450M |
| Sep 2011 | First Western Trust Bank Scottsdale, AZ, an affiliate under the same holding company | $79M |
Where they operate
15 branches in 12 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Denver County, CO | $1.5B | 2.5% | 9 of 45 |
| Larimer County, CO | $548M | 5.3% | 7 of 28 |
| Boulder County, CO | $189M | 1.6% | 14 of 32 |
| Teton County, WY | $161M | 5.8% | 4 of 10 |
| Maricopa County, AZ | $130M | 0.1% | 38 of 55 |
| Sublette County, WY | $91M | 22.6% | 3 of 5 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 6 branches since 2016 (9 to 15, +66.7%). 8 opened, 3 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 9 | |||
| 2016 | Opened Aspen | 1 | 0 | +1 | 10 |
| 2019 | Opened Avon | 1 | 0 | +1 | 11 |
| 2020 | Opened 4 in ColoradoClosed Englewood and Highlands Ranch | 4 | 2 | +2 | 13 |
| 2021 | Acquired Rocky Mountain BankOpened Avon, closed Avon and Lone Tree | 4 | 2 | +2 | 15 |
| 2022 | Closed Jackson | 0 | 1 | −1 | 14 |
| 2023 | Opened Bozeman | 1 | 0 | +1 | 15 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 41% | 25% | |
| Commercial real estate | 28% | 32% | |
| Business (C&I) | 10% | 14% | |
| Multifamily | 8% | 8% | |
| Construction and land | 7% | 8% | |
| Consumer | 5% | 4% | |
| Farmland | 0% | 3% | |
| Agricultural | 0% | 2% | |
| Other | 1% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 74% | 52% | |
| Noninterest-bearing | 14% | 21% | |
| Time deposits | 12% | 27% |
Brokered deposits are 12.3% of deposits (peers 6.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.60% | 0.51% |
| Net charge-offs, annualized | -0.00% | 0.04% |
| Reserves to loans | 0.74% | 1.15% |
| Leverage ratio | 9.22% | 10.52% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Colorado
Largest competitors in Denver County, CO
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-western-trust-bank-denver-co