FirstSun Capital Bancorp Files 8-K

TL;DR

FCBC filed an 8-K on 3/8/24, check for updates.

AI Summary

FirstSun Capital Bancorp filed an 8-K on March 8, 2024, to report other events and financial statements. The filing does not contain specific details about the nature of these events or financial figures within the provided text.

Why It Matters

This filing indicates that FirstSun Capital Bancorp has made a regulatory submission to the SEC, which may contain important updates for investors.

Risk Assessment

Risk Level: low — The filing is a standard procedural document without immediate disclosed financial impact or significant corporate changes.

Key Players & Entities

• FIRSTSUN CAPITAL BANCORP (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• March 8, 2024 (date) — Date of report

FAQ

Filing Documents

• fcb-20240308.htm (8-K) — 39KB
• exhibit231-consentofdeloit.htm (EX-23.1) — 2KB
• exhibit232-consentofcrowel.htm (EX-23.2) — 3KB
• exhibit991unauditedproform.htm (EX-99.1) — 192KB
• exhibit992-homestreetopini.htm (EX-99.2) — 2621KB
• 0001709442-24-000015.txt ( ) — 3151KB
• fcb-20240308.xsd (EX-101.SCH) — 2KB
• fcb-20240308_lab.xml (EX-101.LAB) — 21KB
• fcb-20240308_pre.xml (EX-101.PRE) — 12KB
• fcb-20240308_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. As previously announced, on January 16, 2024, FirstSun Capital Bancorp, which we refer to as "FirstSun," and HomeStreet, Inc., which we refer to as "HomeStreet," entered into an Agreement and Plan of Merger, which we refer to as the "merger agreement," that provides for the combination of FirstSun and HomeStreet. Under the merger agreement, a wholly-owned subsidiary of FirstSun will merge with and into HomeStreet, with HomeStreet remaining as the surviving entity and becoming a wholly-owned subsidiary of FirstSun, in a transaction we refer to as the "merger." This surviving entity, immediately following the merger and as part of a single integrated transaction, will merge with and into FirstSun, in a transaction we refer to as the "second step merger," and together with the merger, as the "mergers." Immediately following the completion of the second step merger, HomeStreet's wholly-owned subsidiary, HomeStreet Bank, a Washington state-chartered, non-member bank, will merge with and into FirstSun's wholly-owned subsidiary, Sunflower Bank, National Association, a national banking association, with Sunflower Bank as the surviving bank, in a transaction we refer to as the "bank merger." In connection with the proposed mergers and bank merger, the following financial statements are provided: Audited consolidated financial statements of HomeStreet, Inc. and its subsidiaries (the Company) as of December 31, 2023 and December 31, 2022, and for each of the years in the three-year period ended December 31, 2023, the notes related thereto, and the reports dated March 6, 2024, relating to such consolidated financial statements of the Company and the effectiveness of the Company's internal control over financial reporting. Unaudited pro forma condensed combined financial statements of FirstSun as of and for the year ended December 31, 2023 and the notes related thereto. The pro forma financial statements give pro forma effect to the mergers and the re

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (a) Financial Statements of Businesses to be Acquired. The audited consolidated financial statements of HomeStreet, Inc. and its subsidiaries (the Company) as of December 31, 2023 and December 31, 2022, and for each of the years in the three-year period ended December 31, 2023, the notes related thereto, and the reports dated March 6, 2024, relating to such consolidated financial statements of the Company and the effectiveness of the Company's internal control over financial reporting, are filed as Exhibit 99 .2 hereto. (b) Pro Forma Financial Information. Unaudited pro forma condensed combined financial statements of FirstSun as of and for the year ended December 31, 2023 and the notes related thereto are filed as Exhibit 99.1 hereto. (d) Exhibits. EXHIBIT INDEX Exhibit Number Description 23.1 Consent of Deloitte & Touche LLP, independent registered public accounting firm of HomeStreet, Inc. 23.2 Consent of Crowe LLP, independent registered public accounting firm of HomeStreet, Inc. 99.1 Unaudited pro forma condensed combined financial statements of FirstSun Capital Bancorp for the year ended December 31, 2023 and the notes related thereto. 99.2 Audited consolidated financial statements of HomeStreet, Inc. and its subsidiaries (the Company) as of December 31, 2023 and December 31, 2022, and for each of the years in the three-year period ended December 31, 2023, the notes related thereto, and the reports dated March 6, 2024, relating to such consolidated financial statements of the Company and the effectiveness of the Company's internal control over financial reporting. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRSTSUN CAPITAL BANCORP Date: March 8, 202

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View this 8-K filing on SEC EDGAR