First Foundation Inc.: 10-K filed 2020-03-02
What First Foundation Inc. reported in its annual report filed 2020-03-02 (fiscal FY 2019): 33 published measures, 156 facts as tagged in accession 0001564590-20-008063.
This filing
- Form
- 10-K (annual report)
- Filed
- 2020-03-02
- Fiscal period
- fiscal FY 2019
- Accession
- 0001564590-20-008063 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All First Foundation Inc. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 6,314,436,000 | USD | |
| At 2018-12-31 | 5,840,412,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 5,700,567,000 | USD | |
| At 2018-12-31 | 5,281,228,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 613,869,000 | USD | |
| At 2018-12-31 | 559,184,000 | USD | |
| At 2017-12-31 | 394,951,000 | USD | |
| At 2016-12-31 | 284,264,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 65,387,000 | USD | |
| At 2018-12-31 | 67,312,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-10-01 to 2019-12-31 | 15,214,000 | USD | 92 |
| 2019-01-01 to 2019-12-31 | 56,239,000 | USD | 365 |
| 2019-07-01 to 2019-09-30 | 17,356,000 | USD | 92 |
| 2019-04-01 to 2019-06-30 | 12,410,000 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 11,259,000 | USD | 90 |
| 2018-10-01 to 2018-12-31 | 14,129,000 | USD | 92 |
| 2018-01-01 to 2018-12-31 | 42,958,000 | USD | 365 |
| 2018-07-01 to 2018-09-30 | 14,707,000 | USD | 92 |
| 2018-04-01 to 2018-06-30 | 5,146,000 | USD | 91 |
| 2018-01-01 to 2018-03-31 | 8,976,000 | USD | 90 |
| 2017-10-01 to 2017-12-31 | 2,273,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | 27,582,000 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 9,580,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | 9,616,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | 6,113,000 | USD | 90 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 60,437,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 50,981,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 37,872,000 | USD | 365 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 2,229,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 2,710,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 2,235,000 | USD | 365 |
Contract revenue excluding tax
Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 28,658,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 28,748,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 26,710,000 | USD | 365 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 364,677,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 575,487,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 53,557,000 | USD | 365 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | -427,039,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | -679,550,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | -568,981,000 | USD | 365 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 175,773,000 | USD | |
| At 2018-12-31 | 128,461,000 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 44,617,361 | shares | 365 |
| 2018-01-01 to 2018-12-31 | 42,092,361 | shares | 365 |
| 2017-01-01 to 2017-12-31 | 34,482,630 | shares | 365 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 44,911,265 | shares | 365 |
| 2018-01-01 to 2018-12-31 | 42,567,108 | shares | 365 |
| 2017-01-01 to 2017-12-31 | 35,331,059 | shares | 365 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-10-01 to 2019-12-31 | 0.34 | USD/shares | 92 |
| 2019-01-01 to 2019-12-31 | 1.26 | USD/shares | 365 |
| 2019-07-01 to 2019-09-30 | 0.39 | USD/shares | 92 |
| 2019-04-01 to 2019-06-30 | 0.28 | USD/shares | 91 |
| 2019-01-01 to 2019-03-31 | 0.25 | USD/shares | 90 |
| 2018-10-01 to 2018-12-31 | 0.32 | USD/shares | 92 |
| 2018-01-01 to 2018-12-31 | 1.02 | USD/shares | 365 |
| 2018-07-01 to 2018-09-30 | 0.33 | USD/shares | 92 |
| 2018-04-01 to 2018-06-30 | 0.13 | USD/shares | 91 |
| 2018-01-01 to 2018-03-31 | 0.23 | USD/shares | 90 |
| 2017-10-01 to 2017-12-31 | 0.06 | USD/shares | 92 |
| 2017-01-01 to 2017-12-31 | 0.8 | USD/shares | 365 |
| 2017-07-01 to 2017-09-30 | 0.28 | USD/shares | 92 |
| 2017-04-01 to 2017-06-30 | 0.29 | USD/shares | 91 |
| 2017-01-01 to 2017-03-31 | 0.19 | USD/shares | 90 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-10-01 to 2019-12-31 | 0.34 | USD/shares | 92 |
| 2019-01-01 to 2019-12-31 | 1.25 | USD/shares | 365 |
| 2019-07-01 to 2019-09-30 | 0.39 | USD/shares | 92 |
| 2019-04-01 to 2019-06-30 | 0.28 | USD/shares | 91 |
| 2019-01-01 to 2019-03-31 | 0.25 | USD/shares | 90 |
| 2018-10-01 to 2018-12-31 | 0.31 | USD/shares | 92 |
| 2018-01-01 to 2018-12-31 | 1.01 | USD/shares | 365 |
| 2018-07-01 to 2018-09-30 | 0.33 | USD/shares | 92 |
| 2018-04-01 to 2018-06-30 | 0.12 | USD/shares | 91 |
| 2018-01-01 to 2018-03-31 | 0.23 | USD/shares | 90 |
| 2017-10-01 to 2017-12-31 | 0.06 | USD/shares | 92 |
| 2017-01-01 to 2017-12-31 | 0.78 | USD/shares | 365 |
| 2017-07-01 to 2017-09-30 | 0.27 | USD/shares | 92 |
| 2017-04-01 to 2017-06-30 | 0.28 | USD/shares | 91 |
| 2017-01-01 to 2017-03-31 | 0.18 | USD/shares | 90 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-10-01 to 2019-12-31 | 6,505,000 | USD | 92 |
| 2019-01-01 to 2019-12-31 | 23,260,000 | USD | 365 |
| 2019-07-01 to 2019-09-30 | 6,892,000 | USD | 92 |
| 2019-04-01 to 2019-06-30 | 5,095,000 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 4,768,000 | USD | 90 |
| 2018-10-01 to 2018-12-31 | 5,726,000 | USD | 92 |
| 2018-01-01 to 2018-12-31 | 17,128,000 | USD | 365 |
| 2018-07-01 to 2018-09-30 | 6,147,000 | USD | 92 |
| 2018-04-01 to 2018-06-30 | 1,657,000 | USD | 91 |
| 2018-01-01 to 2018-03-31 | 3,598,000 | USD | 90 |
| 2017-10-01 to 2017-12-31 | 10,767,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | 23,017,000 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 4,629,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | 4,671,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | 2,950,000 | USD | 90 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 8,355,000 | USD | |
| At 2018-12-31 | 9,145,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 1,633,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 2,637,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 1,838,000 | USD | 365 |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-10-01 to 2019-12-31 | 18,406,000 | USD | 92 |
| 2019-01-01 to 2019-12-31 | 78,806,000 | USD | 365 |
| 2019-07-01 to 2019-09-30 | 19,482,000 | USD | 92 |
| 2019-04-01 to 2019-06-30 | 21,421,000 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 19,497,000 | USD | 90 |
| 2018-10-01 to 2018-12-31 | 16,077,000 | USD | 92 |
| 2018-01-01 to 2018-12-31 | 51,696,000 | USD | 365 |
| 2018-07-01 to 2018-09-30 | 14,321,000 | USD | 92 |
| 2018-04-01 to 2018-06-30 | 12,247,000 | USD | 91 |
| 2018-01-01 to 2018-03-31 | 9,051,000 | USD | 90 |
| 2017-10-01 to 2017-12-31 | 6,686,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | 23,183,000 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 6,438,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | 5,757,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | 4,302,000 | USD | 90 |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 23,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 497,000 | USD | 365 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 44,670,743 | shares | |
| At 2018-12-31 | 44,496,007 | shares |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 4,276,000 | USD | |
| At 2018-12-31 | -1,153,000 | USD |
Operating lease right-of-use asset
Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 16,433,000 | USD |
Operating lease liability
Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 17,916,000 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 20,362,000 | USD | |
| At 2018-12-31 | 18,390,000 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-12-31 | 12,007,000 | USD | |
| At 2018-12-31 | 9,245,000 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-10-01 to 2019-12-31 | 21,719,000 | USD | 92 |
| 2019-01-01 to 2019-12-31 | 79,499,000 | USD | 365 |
| 2019-07-01 to 2019-09-30 | 24,248,000 | USD | 92 |
| 2019-04-01 to 2019-06-30 | 17,505,000 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 16,027,000 | USD | 90 |
| 2018-10-01 to 2018-12-31 | 19,855,000 | USD | 92 |
| 2018-01-01 to 2018-12-31 | 60,086,000 | USD | 365 |
| 2018-07-01 to 2018-09-30 | 20,854,000 | USD | 92 |
| 2018-04-01 to 2018-06-30 | 6,803,000 | USD | 91 |
| 2018-01-01 to 2018-03-31 | 12,574,000 | USD | 90 |
| 2017-10-01 to 2017-12-31 | 13,040,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | 50,599,000 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 14,209,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | 14,287,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | 9,063,000 | USD | 90 |
Profit or loss including noncontrolling interests
Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 56,239,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 42,958,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 27,582,000 | USD | 365 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 61,668,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 46,896,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 28,592,000 | USD | 365 |
Net income available to common stockholders
Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 56,239,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 42,958,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 27,582,000 | USD | 365 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | -73,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 1,192,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 4,511,000 | USD | 365 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 75,149,000 | USD | 365 |
| 2018-01-01 to 2018-12-31 | 46,043,000 | USD | 365 |
| 2017-01-01 to 2017-12-31 | 21,704,000 | USD | 365 |
Operating lease payments
Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-12-31 | 5,950,000 | USD | 365 |
Inspect the source
- Entity
- First Foundation Inc. / CIK 0001413837
- Captured
- 2026-09-21T17:19:31.640Z
- SEC response SHA-256
2f2edab26e014220f9c46ba0c72044ef646cf0e7ee616114bbeb5377a9a7b0e3
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.
Use this in research
A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.
These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.
Research methodology · Execution and cost assumptions · Check backtest overfitting
Build with the open-source tools
Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001413837.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))