FFWM - Dividend announcements

First Foundation Inc. ("we," "our," "us," "First Foundation" or the "Company") (NYSE:FFWM), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced the reclassification of a portion of its multifamily portfolio totaling $1.9 billion principal balance from loans held to maturity to loans held for sale (the "Loan Reclassification"). "Our decision to transfer these multifamily loans to held for sale marks an important next step in the Company's strategic roadmap to fortify the balance sheet and embrace a more offensive-minded posture," said Scott F. Kavanaugh, CEO of First Foundation Inc. "We believe this

First Foundation Inc. (NASDAQ:FFWM) ("First Foundation" or the "Company"), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank today issued the following updated financial information to reiterate its strong financial position as a regional bank. First Foundation continues to have a resilient core business, with consolidated total assets valued at more than $13.9 billion as of 3/17/23. First Foundation Bank remains in a strong liquidity position with available cash and cash equivalents held on balance sheet of approximately $1.3 billion as of 3/17/23. Importantly, the Company has not had to draw down on any of its

First Foundation Inc. (NASDAQ:FFWM) ("First Foundation" or the "Company"), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank today issued the following updated financial information to reiterate its strong financial position as a regional bank. First Foundation has a resilient core business, with First Foundation Bank managing assets valued at more than $13.2 billion. First Foundation Bank has a strong liquidity position with the following balances: Cash and cash equivalents held on balance sheet of approximately $972 million as of 3/10/23. Fully collateralized credit facility from the Federal Home Loan Bank

No Stockholder Action Required at this Time First Foundation Inc. (NASDAQ:FFWM) ("First Foundation" or the "Company"), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today issued the following statement with respect to actions taken by Driver Opportunity Partners I LP, an affiliate of Driver Management Company LLC (together, "Driver"), as well as Driver's purported intent to nominate two director candidates to stand for election to the First Foundation Board of Directors (the "Board") at the Company's 2023 Annual Meeting of Stockholders (the "2023 Annual Meeting"): First Foundation is committed to acting in t