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CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY - Condensed statements of cash flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Adjustments:    
Depreciation and amortization $ 2,377 $ 2,012
Deferred income tax expense 1,836 7,130
Net cash provided by operating activities 21,880 48,278
Cash flows from investing activities    
Net cash used in investing activities (66,391) (558,798)
Cash flows from financing activities    
Payments on subordinated notes 0 (6,575)
Settlement of restricted stock (439) (876)
Proceeds from the exercise of stock options 245 179
Net cash provided by financing activities 102,441 320,049
Cash and cash equivalents, beginning of year 196,512 386,983
Cash and cash equivalents, end of period 254,442 196,512
Supplemental cash and noncash disclosures:    
Stock-based compensation 1,843 2,562
First Western Financial, Inc    
Cash flows from operating activities    
Net income 5,225 21,698
Adjustments:    
Depreciation and amortization 225 167
Deferred income tax expense (3,856) 941
Undistributed equity in subsidiaries (8,762) (23,114)
Change in other assets 2,050 235
Change in other liabilities (77) 115
Net cash provided by operating activities (5,195) 42
Cash flows from investing activities    
Investment in subsidiaries 0 (6,009)
Loan and note receivable originations and principal collections 0 1,978
Net cash used in investing activities 0 (4,031)
Cash flows from financing activities    
Proceeds from subordinated notes, net of issuance costs 0 19,509
Payments on subordinated notes 0 (6,575)
Settlement of restricted stock (439) (876)
Proceeds from the exercise of stock options 245 179
Net cash provided by financing activities (194) 12,237
Net change in cash and cash equivalents (5,389) 8,248
Cash and cash equivalents, beginning of year 26,372 18,124
Cash and cash equivalents, end of period 20,983 26,372
Supplemental cash and noncash disclosures:    
Interest paid on borrowed funds 2,928 1,609
Stock-based compensation $ 1,843 $ 2,562