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Press Release

First Foundation Bank Appoints Larry Scarpone as Vice President, Credit Manager of Equipment Finance

IRVINE, Calif.--(BUSINESS WIRE)-- First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today they have hired Larry Scarpone as Vice President, Credit Manager of the bank’s Equipment Finance department.

In his role, Scarpone will be responsible for reviewing, recommending, and monitoring all equipment loans and leases. He will work closely with the team to continue to maintain the response and service standards with all clients. His experience and industry knowledge will be essential in helping to serve and attract new and existing client relationships.

“We are very pleased to have Larry join our team,” said Lorrie Asker, Commercial Banking Executive of First Foundation Bank. “As the bank continues to grow, Larry’s leadership and knowledge will allow our team to maintain focus on client service and providing valuable solutions.”

Scarpone brings over 25 years of experience in equipment finance, and prior to joining First Foundation, he was the Business Development Manager at Engs Commercial Finance Co., where he was responsible for facilitating all Southern California transactions from inception to close. He was previously the Director of Finance for Rush Enterprises, Inc. and Vice President at USA Capital LLC/Global Vantage.

About First Foundation

First Foundation, a financial institution founded in 1990, provides private wealth management, personal banking, and business banking. The Company has offices in California, Nevada, and Hawaii, with headquarters in Irvine, California. For more information, please visit www.ff-inc.com.

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Deposit and loan products offered by First Foundation Bank, Member FDIC and Equal Housing Lender. NMLS #793235.

Investment and Advisory Services provided by First Foundation Advisors, an SEC-Registered Investment Advisor. Trust Services and Insurance Services are offered through First Foundation Bank. First Foundation Insurance Services license number #0H38553.

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