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First Foundation (FFWM) - 2024 Q3 - Quarterly Results
FFWMFirst Foundation (FFWM)2024-10-29 11:00

First Foundation Inc. (NYSE: FFWM) October 29, 2024 Graphic (a) Non-GAAP measure. See "Non-GAAP Financial Measures" below (b) Dollars in thousands, except per share data and ratios Exhibit 99.1 FIRST FOUNDATION INC. REPORTS THIRD QUARTER 2024 RESULTS ● Raised approximately 228millionofgrossproceedsinanequitycapitalraise.Reclassifiedaportionofthemultifamilyloanportfoliototaling228 million of gross proceeds in an equity capital raise. ● Reclassified a portion of the multifamily loan portfolio totaling 1.9 billion in principal balance from loans held for investment to loans held for sale and recorded an associa ...