FirstSun Capital Bancorp finalized the acquisition of First Foundation Inc. after quarter-end, significantly expanding its footprint into California, Florida, Nevada, and Hawaii. Despite the merger closing post March 31, the bank displayed strong underlying operating trends in Q1 2026, marked by a rising loan-to-deposit ratio reflecting effective balance sheet utilization amid sustained customer deposits. The company’s diversified financial services—from commercial banking to wealth management—underpin a resilient business model with stable funding sources and growth-driven by geographic expansion and product cross-selling. However, credit risk management and competitive pressures remain material considerations as integration progresses. Upcoming milestones include full financial integration of First Foundation’s results and assessment of synergy capture.