First Foundation Inc. reported a strong start to 2021, with record loan originations, growth in core deposits, and peak levels of assets under management. Net income was $22.4 million, or $0.50 per diluted share, for the first quarter of 2021.
First quarter net income of $22.4 million and earnings per share of $0.50.
Total revenues of $66.1 million in first quarter 2021.
Return on average assets of 1.25%.
Return on average tangible equity of 14.9%.
As we head into the second quarter and beyond, we are experiencing unprecedented demand and our loan pipeline is at record levels.
Visualization of income flow from segment revenue to net income
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