FirstSun and First Foundation receive OCC approval for bank merger

FirstSun Capital Bancorp (NASDAQ: FSUN) and First Foundation Inc. (NYSE: FFWM) announced that the Office of the Comptroller of the Currency has approved the merger of their respective bank subsidiaries, according to a press release statement.

The approval covers the merger of Sunflower Bank, N.A. and First Foundation Bank, with Sunflower Bank, N.A. continuing as the surviving bank.

The completion of the merger between First Foundation and FirstSun remains subject to several conditions. These include regulatory approval from the Board of Governors of the Federal Reserve System, approval by stockholders of both companies at their respective stockholder meetings scheduled for February 27, 2026, and the satisfaction or waiver of other closing conditions.

The companies expect the merger to be completed early in the second quarter of 2026.

FirstSun Capital Bancorp, headquartered in Denver, Colorado, is the financial holding company for Sunflower Bank, N.A. The bank operates as Sunflower Bank and First National 1870, providing banking services through depository branches in seven states and mortgage capabilities in 44 states. FirstSun reported total consolidated assets of $8.5 billion as of December 31, 2025.

First Foundation Inc. offers personal banking, business banking, and private wealth management services through offices in California, Nevada, Florida, Texas, and Hawaii.

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