FirstSun Capital sells $336 million performing municipal loans to third party
FirstSun Capital Bancorp FSUN | 0.00 |
- FirstSun Capital Bancorp’s Sunflower Bank sold about $336 million of performing municipal loans to an unaffiliated third party.
- Transaction closed June 25, 2026; loans were acquired from First Foundation Bank through the First Foundation deal that closed April 1, 2026.
- Proceeds earmarked to pay down certain high-cost brokered and non-brokered deposits acquired from First Foundation Bank.
- Sale completes the balance sheet repositioning strategy tied to the acquisition; management expects results to align with prior disclosed targets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firstsun Capital Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001709442-26-000036), on June 25, 2026, and is solely responsible for the information contained therein.
