Regulatory Alerts2026-03-11
Federal Reserve Board Approves FirstSun Capital Bancorp Merger Application
The Federal Reserve Board approved the proposed merger between Denver-based FirstSun Capital Bancorp and Irving, Texas-based First Foundation Inc., which will result in the acquisition of First Foundation Bank and its subsequent merger into Sunflower Bank. The Board determined that the combined organization meets capital, managerial, and money-laundering requirements while maintaining a satisfactory Community Reinvestment Act rating and adequate resources to absorb transaction costs. Competitive analysis confirmed that the merger will not significantly adversely affect competition or increase market concentration in the Los Angeles, San Diego, and Dallas banking markets, satisfying all statutory factors under Section 3 of the Bank Holding Company Act.