First Western Trust hires Heat

DENVER, May 10, 2022 (GLOBE NEWSWIRE) — First Western Trust Bank (“First Western Trust”), a wholly owned subsidiary of First Western Financial, Inc. (MYFW), has announced the hiring of Heath Kinsland as Market President with Focus on the Denver Tech Center (DTC), CO area.

Mr. Kinsland enables First Western Trust to help clients in DTC build their best lives for generations by building trusting relationships, providing superior personal service and providing trusted expertise with access to bespoke banking and wealth management services.

“We are excited to extend our highly personalized, client-centric approach and comprehensive offering of wealth management and private banking products and services to the DTC market,” said Suzanne Johnson, Denver Metro regional president. “Heath comes to us with over 20 years of banking experience and an extensive track record of providing high net worth clients with sophisticated solutions that help them achieve their goals. His leadership experience, expertise in listening to his clients’ needs and finding solutions that help them achieve their goals will serve him as a trusted advisor. We are thrilled to have Heath leading our talented team at DTC and look forward to him expanding our presence in the Denver metro area market. We believe Heath’s proven track record is aligned with our desire to build the best private bank for Western wealth management clients in generations.”

Mr. Kinsland moved to Colorado in 2019 after moving from North Carolina. His professional credentials include several senior positions in the sales team at Flatirons Bank in Boulder, CO, which includes retail, consumer and mortgage sales teams. His experience also includes various leadership positions in wealth management, commercial lending and private banking at Truist (formerly BB&T and SunTrust). His community involvement has included the PLAY Boulder Foundation, the official nonprofit partner of the City of Boulder Parks and Recreation Department, and the Boy Scouts of America. Mr. Kinsland, who recently relocated to Highlands Ranch from Arvada, looks forward to finding meaningful ways to get involved in his new community.

For more information, please contact Heath Kinsland at (303) 640-2404 or [email protected].

Athrough First Western Financial, Inc.

First Western is a financial services holding company headquartered in Denver, Colorado with offices in Colorado, Arizona, Wyoming and California. First Western and its subsidiaries offer a fully integrated suite of wealth management services on a private trust banking platform that includes a comprehensive selection of deposit, loan, trust, wealth planning, and investment management products and services. First Western common stock trades on the Nasdaq Global Select Market under the symbol “MYFW”. Visit www.myfw.com for more information. Member FDIC. Equal Housing Lender. NMLS ID 477166.

Forward-Looking Statements

Statements in this press release regarding our expectations and beliefs regarding our future financial performance and condition and trends in our business and markets are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “project”, “outlook” or words with similar meanings or verbs in the future or with conditions such as “will”, “would” , “should”, “opportunity”, “could” or “can”. The forward-looking statements in this press release are based on current information and assumptions we make about future events and circumstances that involve a number of risks and uncertainties that are often difficult to predict and are beyond our control. As a result of these risks and uncertainties, our actual financial results in the future could differ, or be implied, materially from the forward-looking statements contained in this press release, and could cause us to make changes to our plans for the future. These risks and uncertainties include, but are not limited to, the COVID-19 pandemic and its impact; integration risks and projected cost savings related to acquisitions; geographic concentration risk in Colorado, Arizona, Wyoming and California; the risk of changes in the economy affecting property values ​​and liquidity; the risk of our ability to continue to make residential real estate loans and to sell such loans; risks specific to commercial loans and borrowers; the risk of claims and litigation relating to our fiduciary responsibilities; the risk of competition for investment managers and professionals; the risk of fluctuations in the value of our securities; interest rate risk; and the risk of the adequacy of our allowance for credit losses and the risk of our ability to maintain a strong core deposit base or other low-cost funding sources. Additional information on these and other risks and uncertainties affecting our business and future financial performance is included in our Annual Report on Form 10-K filed with the US Securities and Exchange Commission (“SEC”) on March 15, 2022 (“Form 10-K”) and other documents we file with the SEC from time to time. We urge readers of this press release to read the “Risk Factors” section on our Form 10-K and any updates to those risk factors included in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and our other filings with the SEC. In addition, our actual financial results in the future may differ from those currently anticipated as a result of additional risks and uncertainties that are not currently known to us or that we do not currently consider material to our business or operations but which may become material to our business or operations in the future results could become relevant. Because of these and other potential uncertainties and risks, readers are cautioned not to place undue reliance on the forward-looking statements contained in this press release, which speak only as of the current date, or to make any predictions based solely on historical financial results. Any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as is required as of Law.

Media contact:

Theodore Gerbick
[email protected]
303.531.8120

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2ab2c66-8df7-42ce-897e-5249ac815bb1

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