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CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net income $ 20,610 $ 24,534
Adjustments:    
Depreciation and amortization 1,273 1,117
Income tax provision 6,670 8,529
Stock-based compensation 2,903 2,544
Net cash provided by/(used in) operating activities 165,848 (93,319)
Cash flows from investing activities    
Net cash paid on acquisition 120,997 (61,316)
Net cash used in investing activities (46,358) (456,020)
Cash flows from financing activities    
Proceeds from subordinated notes 14,667 17,719
Proceeds from issuance of common stock, net 1,706  
Repurchase of common stock   (377)
Settlement of restricted stock (501) (261)
Proceeds from the exercise of stock options 1,706  
Net cash provided by financing activities 111,504 626,690
Net change in cash and cash equivalents 230,994 77,351
Cash and cash equivalents, beginning of year 155,989 78,638
Cash and cash equivalents, end of period 386,983 155,989
First Western Financial, Inc    
Cash flows from operating activities    
Net income 20,610 24,534
Adjustments:    
Depreciation and amortization 73 12
Income tax provision 301 (3,003)
Stock-based compensation 2,903 2,544
Undistributed equity in subsidiaries (22,265) (25,742)
Change in other assets 678 (32)
Change in other liabilities 53 (42)
Net cash provided by/(used in) operating activities 2,353 (1,729)
Cash flows from investing activities    
Net cash paid on acquisition (11,501)  
Investment in subsidiaries (2,913) (10,453)
Loan and note receivable originations and principal collections, net 43 70
Net cash used in investing activities (14,371) (10,383)
Cash flows from financing activities    
Proceeds from subordinated notes 14,667 17,719
Proceeds from issuance of common stock, net 1,706  
Repurchase of common stock   (377)
Settlement of restricted stock (501) (261)
Proceeds from the exercise of stock options 1,706  
Net cash provided by financing activities 15,872 17,081
Net change in cash and cash equivalents 3,854 4,969
Cash and cash equivalents, beginning of year 14,270 9,301
Cash and cash equivalents, end of period 18,124 14,270
Supplemental noncash disclosures:    
Common stock issued for Teton acquisition 39,818  
Interest paid on borrowed funds $ 1,549 854
Segment collapse impact to investment in subsidiary   2,454
Segment collapse impact to deferred income tax (benefit)/expense   640
Segment collapse impact to other assets   (3,202)
Segment collapse impact to other liabilities   $ 108