FIRSTSUN CAPITAL BANCORP
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
FSUN$39.35+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
As of
| (Unaudited) | ||
|---|---|---|
| (In thousands, except par and share amounts) | September 30,2024 | December 31,2023 |
| Assets | ||
| Cash and cash equivalents | $573,674 | $479,362 |
| Securities available-for-sale, at fair value | 496,811 | 516,757 |
| Securities held-to-maturity, fair value of $32,111 and $32,181, respectively | 35,885 | 36,983 |
| Loans held-for-sale, at fair value | 72,247 | 54,212 |
| Loans, net of allowance for credit losses of $83,159 and $80,398, respectively | 6,360,597 | 6,186,698 |
| Mortgage servicing rights, at fair value | 78,799 | 76,701 |
| Premises and equipment, net | 82,532 | 84,842 |
| Other real estate owned and foreclosed assets, net | 4,478 | 4,100 |
| Bank-owned life insurance | 80,583 | 79,851 |
| Restricted equity securities | 32,394 | 38,072 |
| Goodwill | 93,483 | 93,483 |
| Core deposits and other intangible assets, net | 8,866 | 10,984 |
| Accrued interest receivable | 35,711 | 37,099 |
| Deferred tax assets, net | 39,514 | 46,259 |
| Prepaid expenses and other assets | 142,913 | 134,321 |
| Total assets | $8,138,487 | $7,879,724 |
| Liabilities and Stockholders’ Equity | ||
| Liabilities: | ||
| Deposits: | ||
| Noninterest-bearing accounts | $1,554,762 | $1,530,506 |
| Interest-bearing accounts | 5,095,118 | 4,843,597 |
| Total deposits | 6,649,880 | 6,374,103 |
| Securities sold under agreements to repurchase | 10,913 | 24,693 |
| Federal Home Loan Bank advances | 215,000 | 389,468 |
| Subordinated debt, net | 75,709 | 75,313 |
| Accrued interest payable | 9,018 | 13,580 |
| Accrued expenses and other liabilities | 143,882 | 125,370 |
| Total liabilities | 7,104,402 | 7,002,527 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued or outstanding, respectively | — | — |
| Common stock, $0.0001 par value; 50,000,000 shares authorized; 27,665,918 and 24,960,639 shares issued and outstanding, respectively | 3 | 2 |
| Additional paid-in capital | 547,271 | 462,680 |
| Retained earnings | 516,800 | 457,522 |
| Accumulated other comprehensive loss, net | (29,989) | (43,007) |
| Total stockholders’ equity | 1,034,085 | 877,197 |
| Total liabilities and stockholders’ equity | $8,138,487 | $7,879,724 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.