FirstSun Capital Bancorp (FSUN) reported a second-quarter 2026 net loss of $22.9 million, or $0.49 per diluted share, compared with net income of $26.4 million, or $0.93 per diluted share, a year earlier. The Denver-based company completed its merger with First Foundation on April 1 and recorded $57.6 million in merger-related expenses during the quarter.
The board authorized a share repurchase program of up to $150 million through June 30, 2027. FirstSun said the First Foundation acquisition added $11.2 billion in total assets, including $6.0 billion of net loans and $8.8 billion in deposits, after purchase accounting adjustments.
- Net interest income totaled $143.2 million, and net interest margin was 3.58%.
- Noninterest income totaled $40.9 million, while noninterest expense totaled $171.7 million.
- The provision for credit losses increased to $40.4 million, and net charge-offs were $42.4 million.
- Total assets were $15.7 billion and total deposits were $13.4 billion at June 30, 2026.
- Capital ratios included an 11.95% common equity tier 1 risk-based capital ratio and a 14.13% total risk-based capital ratio.
