**FirstSun Capital Bancorp Reports Increased Net Income and Strategic Growth in 2025**

FirstSun Capital Bancorp (FSUN) reported a net income of $97.9 million, or $3.47 per diluted share, for the year ended December 31, 2025. This represents an increase compared to the $75.6 million, or $2.69 per diluted share, reported in 2024. Adjusted net income, a non-GAAP measure, was $100.5 million, or $3.56 per diluted share, compared to $87.7 million, or $3.13 per adjusted diluted share, in the previous year. The company's return on average total assets was 1.18%, and the return on average stockholders' equity was 8.88%, both showing improvements from the prior year.

The company's net interest income increased to $317.4 million in 2025, up from $296.9 million in 2024. This growth was primarily driven by lower interest expense due to a decrease in balances and rates for certificates of deposit, partially offset by an increase in promotional rate money market deposit balances. Noninterest income also saw an increase, reaching $101.9 million compared to $89.8 million in the previous year, attributed to higher treasury management service fees and loan syndication and swap fees. The company's noninterest expense rose to $271.8 million, primarily due to increased salary and employee benefits related to expanded staffing and higher variable compensation.

Strategic developments for FirstSun in 2025 included the pending merger with First Foundation Inc., expected to close early in the second quarter of 2026, which will expand the company's markets in California and Texas, and add new markets in Florida, Nevada, and Hawaii. The company also rebranded its mortgage division as Sunflower Bank Mortgage Lending and its registered investment advisor as Sunflower Wealth Advisors LLC. In November 2025, Sunflower Insurance Solutions Inc. was established as a wholly-owned subsidiary of Sunflower Bank, N.A.

Key operational developments included loan growth of 4.7% and average deposit growth of 6.6%. The company's loan portfolio totaled $6.7 billion, with commercial and industrial loans comprising 44.0% and commercial real estate loans comprising 28.8%. The allowance for credit losses to total loans was 1.27% at year-end. The company employed 1,177 full-time equivalent employees as of December 31, 2025, serving customers throughout Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington. The company anticipates continued growth in its Texas loan and deposit customer base and plans to explore opportunities to serve the Southern California market.

About FIRSTSUN CAPITAL BANCORP

FirstSun Capital Bancorp is a financial holding company that owns Sunflower Bank, a community bank offering deposit, lending, treasury management, wealth management, and mortgage services across multiple states. The company focuses on relationship-driven banking, serving small to medium-sized businesses and individuals, with core strengths in commercial and residential loans, deposit franchise, and strategic growth through acquisitions and market expansion.

This description was generated via AI from an annual report. Updated 8 months ago.

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