SEC Form 10-Q filed by FirstSun Capital Bancorp

FirstSun Capital Bancorp (NASDAQ:FSUN) ("FirstSun") and HomeStreet, Inc. (NASDAQ:HMST) ("HomeStreet") announced that, based on discussions FirstSun and its subsidiary, Sunflower Bank, N.A. ("Sunflower") have had with the Federal Reserve and the Texas Department of Banking, that regulatory approvals necessary for the mergers with HomeStreet and its subsidiary, HomeStreet Bank to proceed have not been obtained and FirstSun and Sunflower have been asked to withdraw their merger applications. FirstSun and HomeStreet are discussing the pursuit of an alternative regulatory structure for the merger. The parties are also discussing terms on which they would terminate the merger agreement if no alte

Third Quarter 2024 Highlights: Net income of $22.4 million, $0.79 per diluted share (excluding merger costs, $23.7 million, $0.84 per diluted share, see the "Non-GAAP Financial Measures and Reconciliations" below) Net interest margin of 4.10% Return on average total assets of 1.13% (excluding merger costs, 1.19%, see the "Non-GAAP Financial Measures and Reconciliations" below) Return on average stockholders' equity of 8.79% (excluding merger costs, 9.27%, see the "Non-GAAP Financial Measures and Reconciliations" below) Loan growth of 6.7% annualized Deposit growth of 1.8% annualized 22.5% noninterest income to total revenue1 FirstSun Capital Bancorp ("FirstSun") (NASDAQ:FSUN

Second Quarter 2024 Highlights: Net income of $24.6 million, $0.88 per diluted share (excluding merger costs, $25.2 million, $0.90 per diluted share, see the "Non-GAAP Financial Measures and Reconciliations" below) Net interest margin of 4.02% Return on average total assets of 1.26% (excluding merger costs, 1.29%, see the "Non-GAAP Financial Measures and Reconciliations" below) Return on average stockholders' equity of 10.03% (excluding merger costs, 10.28%, see the "Non-GAAP Financial Measures and Reconciliations" below) Loan growth of 3.3% annualized Deposit growth of 10.8% annualized 24.2% noninterest income to total revenue1 FirstSun Capital Bancorp ("FirstSun")

SC 13G - FIRSTSUN CAPITAL BANCORP (0001709442) (Subject)

SC 13G - FIRSTSUN CAPITAL BANCORP (0001709442) (Subject)

SC 13G - FIRSTSUN CAPITAL BANCORP (0001709442) (Subject)