Firstsun Capital Bancorp 8-K, filed Oct 26, 2026

Firstsun Capital Bancorp (FSUN)

8-K 2026-10-26 For: 2026-10-26

Added on October 26, 2026

About this 8-K

Firstsun Capital Bancorp filed this 8-K on October 26, 2026.

FirstSun Capital Bancorp reported third-quarter 2026 net income of $38.4 million, or $0.82 per diluted share, and adjusted net income of $48.2 million, or $1.03 per diluted share. AI summary

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 9.01: Financial statements and exhibits

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Delaware	001-42175	81-4552413
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification Number)


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Exhibit Number						Description
99.1						Earnings Press Release
99.2						Earnings Presentation
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).


	FIRSTSUN CAPITAL BANCORP

Date: October 26, 2026	By:	/s/ Robert A. Cafera, Jr.
	Name:	Robert A. Cafera, Jr.
	Title:	Senior Executive Vice President and Chief Financial Officer
		(Principal Financial Officer)


	As of and for the three months ended
($ in thousands, except per share amounts)	September 30, 2026			June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025
Net interest income	$	140,301		$	143,195		$	82,779		$	83,461		$	80,953
Provision for credit losses	4,400			40,400			8,250			6,200			10,100
Noninterest income	39,382			40,948			27,175			26,744			26,333
Noninterest expense	126,553			171,712			75,341			72,041			68,901
Income (loss) before income taxes	48,730			(27,969)			26,363			31,964			28,285
Provision for (benefit from) income taxes	10,348			(5,119)			4,780			7,157			5,111
Net income (loss)	38,382			(22,850)			21,583			24,807			23,174
Adjusted net income1	48,212			21,021			23,673			26,923			23,412
Weighted average common shares outstanding, basic	46,304,015			46,722,106			27,851,041			27,839,044			27,801,255
Weighted average common shares outstanding, diluted	46,871,679			46,722,106			28,316,608			28,262,530			28,291,778
Diluted earnings (loss) per share	$	0.82		$	(0.49)		$	0.76		$	0.88		$	0.82
Adjusted diluted earnings per share1	1.03			0.45			0.84			0.95			0.83
Return on average total assets	0.98		%	(0.54)		%	1.04		%	1.17		%	1.09		%
Adjusted return on average total assets1	1.23		%	0.50		%	1.14		%	1.27		%	1.10		%
Return on average stockholders' equity	8.23		%	(4.92)		%	7.47		%	8.58		%	8.22		%
Adjusted return on average stockholders' equity1	10.33		%	4.52		%	8.20		%	9.31		%	8.31		%
Return on average tangible stockholders' equity1	9.97		%	(4.69)		%	8.31		%	9.58		%	9.20		%
Adjusted return on average tangible stockholders' equity1	12.32		%	5.86		%	9.10		%	10.38		%	9.30		%
Net interest margin	3.82		%	3.58		%	4.25		%	4.18		%	4.07		%
Net interest margin (FTE basis)1	3.87		%	3.63		%	4.31		%	4.23		%	4.12		%
Efficiency ratio	70.43		%	93.25		%	68.52		%	65.37		%	64.22		%
Adjusted efficiency ratio1	63.06		%	61.99		%	66.08		%	63.36		%	64.00		%
Noninterest income to total revenue2	21.9		%	22.2		%	24.7		%	24.3		%	24.5		%
Total assets	$	15,276,885		$	15,717,985		$	8,565,123		$	8,485,162		$	8,495,437
Loans held-for-sale	120,491			140,706			144,407			100,539			85,250
Loans held-for-investment	11,457,891			11,568,443			6,939,972			6,673,180			6,681,629
Total deposits	12,970,958			13,418,004			7,087,513			7,107,356			7,105,415
Total stockholders' equity	1,810,506			1,837,392			1,175,507			1,153,356			1,127,513
Loan to deposit ratio	88.3		%	86.2		%	97.9		%	93.9		%	94.0		%
Period end common shares outstanding	45,552,676			46,765,434			27,935,888			27,887,337			27,854,764
Book value per share	$	39.75		$	39.29		$	42.08		$	41.36		$	40.48
Tangible book value per share1	35.60			35.16			38.57			37.83			36.92
1 Represents a non-GAAP financial measure. See the tables beginning on page 16 for a reconciliation of each non-GAAP measure to the most comparable GAAP equivalent.
2 Total revenue is net interest income plus noninterest income.


	As of and for the nine months ended
($ in thousands, except per share amounts)		September 30, 2026			September 30, 2025
Net interest income		$	366,275		$	233,930
Provision for credit losses		53,050			18,400
Noninterest income		107,505			75,135
Noninterest expense		373,606			199,733
Income before income taxes		47,124			90,932
Provision for income taxes		10,009			17,803
Net income		37,115			73,129
Adjusted net income1		92,906			73,655
Weighted average common shares outstanding, basic		40,343,797			27,769,320
Weighted average common shares outstanding, diluted		40,901,707			28,274,134
Diluted earnings per share		$	0.91		$	2.59
Adjusted diluted earnings per share1		$	2.27		$	2.61
Return on average total assets		0.36		%	1.19		%
Adjusted return on average total assets1		0.91		%	1.20		%
Return on average stockholders' equity		3.04		%	8.99		%
Adjusted return on average stockholders’ equity1		7.61		%	9.05		%
Return on average tangible stockholders' equity1		4.02		%	10.08		%
Adjusted return on average tangible stockholders' equity1		9.10		%	10.16		%
Net interest margin		3.81		%	4.07		%
Net interest margin (FTE basis)1		3.86		%	4.13		%
Efficiency ratio		78.86		%	64.62		%
Adjusted efficiency ratio1		63.35		%	64.45		%
Noninterest income to total revenue2		22.7		%	24.3		%
Total assets		$	15,276,885		$	8,495,437
Loans held-for-sale		120,491			85,250
Loans held-for-investment		11,457,891			6,681,629
Total deposits		12,970,958			7,105,415
Total stockholders' equity		1,810,506			1,127,513
Loan to deposit ratio		88.3		%	94.0		%
Period end common shares outstanding		45,552,676			27,854,764
Book value per share		$	39.75		$	40.48
Tangible book value per share1		$	35.60		$	36.92
1 Represents a non-GAAP financial measure. See the tables beginning on page 16 for a reconciliation of each non-GAAP measure to the most comparable GAAP equivalent.
2 Total revenue is net interest income plus noninterest income.


	For the three months ended		For the nine months ended
($ in thousands, except per share amounts)	September 30, 2026			September 30, 2025		September 30, 2026		September 30, 2025
Total interest income	$	216,662		$	121,128	$	562,804	$	348,496
Total interest expense	76,361			40,175		196,529		114,566
Net interest income	140,301			80,953		366,275		233,930
Provision for credit losses	4,400			10,100		53,050		18,400
Net interest income after credit loss expense	135,901			70,853		313,225		215,530
Noninterest income:
Deposit account service fees	2,371			2,162		6,759		6,205
Treasury management service fees	5,096			4,402		14,776		12,929
Credit and debit card fees	3,060			2,671		8,725		7,985
Trust and investment advisory fees	9,881			1,536		20,783		4,430
Mortgage banking services, net	12,743			12,641		43,016		34,970

Other noninterest income	6,231			2,921		13,446		8,616
Total noninterest income	39,382			26,333		107,505		75,135
Noninterest expense:
Salary and employee benefits	63,344			44,822		179,444		128,304
Occupancy, equipment and software	15,532			9,591		41,042		28,668
Customer service costs	2,762			—		5,504		—
Amortization and impairment of intangible assets	4,238			578		8,982		1,784
Merger related expenses	13,246			241		73,486		526
Other noninterest expenses	27,431			13,669		65,148		40,451
Total noninterest expense	126,553			68,901		373,606		199,733
Income before income taxes	48,730			28,285		47,124		90,932
Provision for income taxes	10,348			5,111		10,009		17,803
Net income	$	38,382		$	23,174	$	37,115	$	73,129
Earnings per share - basic	$	0.83		$	0.83	$	0.92	$	2.63
Earnings per share - diluted	0.82			0.82		$	0.91	$	2.59


($ in thousands)	September 30, 2026		June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025
Assets
Cash and cash equivalents	$	729,157	$	989,511	$	413,732	$	652,592	$	659,899
Securities available-for-sale, at fair value	1,827,344		1,907,374		458,543		468,970		476,114
Securities held-to-maturity	32,213		33,274		33,553		33,839		34,247
Loans held-for-sale, at fair value	120,491		140,706		144,407		100,539		85,250
Loans	11,457,891		11,568,443		6,939,972		6,673,180		6,681,629
Allowance for credit losses	(174,638)		(173,551)		(82,955)		(85,016)		(84,040)
Loans, net	11,283,253		11,394,892		6,857,017		6,588,164		6,597,589
Mortgage servicing rights, at fair value	107,405		99,736		88,993		86,651		85,695
Premises and equipment, net	118,751		118,967		81,138		81,523		81,886
Other real estate owned and foreclosed assets, net	20,502		16,808		10,908		11,514		13,418
Goodwill	102,536		102,536		93,483		93,483		93,483
Core deposits and other intangible assets, net	86,215		90,452		4,476		4,983		5,650
Other assets	849,018		823,729		378,873		362,904		362,206
Total assets	$	15,276,885	$	15,717,985	$	8,565,123	$	8,485,162	$	8,495,437
Liabilities and Stockholders' Equity
Liabilities:
Deposits:
Noninterest-bearing accounts	$	2,671,066	$	2,673,289	$	1,599,919	$	1,651,373	$	1,674,497
Interest-bearing accounts:
Demand and NOW	3,181,848		2,869,439		1,569,910		1,483,841		1,457,886
Savings	1,747,226		1,961,598		387,140		378,631		386,235
Money market	3,436,362		3,902,069		2,318,768		2,301,837		2,233,309
Certificates of deposit	1,934,456		2,011,609		1,211,776		1,291,674		1,353,488
Total deposits	12,970,958		13,418,004		7,087,513		7,107,356		7,105,415
Securities sold under agreements to repurchase	18,687		17,475		7,670		11,160		9,824
Federal Home Loan Bank advances	—		—		75,000		—		—
Subordinated debt, net	206,222		205,256		36,754		36,680		76,163
Other liabilities	270,512		239,858		182,679		176,610		176,522
Total liabilities	13,466,379		13,880,593		7,389,616		7,331,806		7,367,924
Stockholders' equity:
Preferred stock	—		—		—		—		—
Common stock	5		5		3		3		3
Additional paid-in capital	1,189,456		1,238,000		550,709		549,617		548,952

Retained earnings	668,201		629,819		652,669		631,086		606,279
Accumulated other comprehensive loss, net	(47,156)		(30,432)		(27,874)		(27,350)		(27,721)
Total stockholders' equity	1,810,506		1,837,392		1,175,507		1,153,356		1,127,513
Total liabilities and stockholders' equity	$	15,276,885	$	15,717,985	$	8,565,123	$	8,485,162	$	8,495,437


	For the three months ended						For the nine months ended
	September 30, 2026		September 30, 2025				September 30, 2026			September 30, 2025
(In thousands)	Average Balance		Average Yield/Rate		Average Balance			Average Yield/Rate		Average Balance		Average Yield/Rate		Average Balance		Average Yield/Rate
Interest Earning Assets

Loans1	$	11,650,322	6.33	%	$	6,667,158		6.49	%	$	10,418,262	6.27	%	$	6,570,356	6.43	%
Investment securities	1,912,990		4.52	%	505,999			3.43	%	1,507,230		4.52	%	506,068		3.48	%
Interest-bearing cash and other assets	1,015,170		3.49	%	714,885			4.25	%	935,974		3.34	%	604,936		4.29	%
Total earning assets	14,578,482		5.90	%	7,888,042			6.09	%	12,861,466		5.85	%	7,681,360		6.07	%
Other assets	953,709				540,079					814,541				542,038
Total assets	$	15,532,191			$	8,428,121				$	13,676,007			$	8,223,398

Interest-bearing liabilities
Demand and NOW deposits	$	2,782,453	2.05	%	$	1,437,298		1.89	%	$	2,445,045	1.98	%	$	1,475,608	1.77	%
Savings deposits	1,917,139		2.82	%	391,444			0.59	%	1,410,811		2.62	%	397,745		0.58	%
Money market deposits	3,896,991		2.90	%	2,211,754			3.28	%	3,443,184		2.88	%	1,947,606		3.23	%
Certificates of deposit	1,935,244		3.37	%	1,397,371			3.64	%	1,982,827		3.35	%	1,482,529		3.77	%
Total deposits	10,531,827		2.75	%	5,437,867			2.81	%	9,281,867		2.70	%	5,303,488		2.78	%
Repurchase agreements	19,963		2.50	%	8,055			1.82	%	17,752		2.40	%	8,892		1.66	%
Total deposits and repurchase agreements	10,551,790		2.75	%	5,445,922			2.81	%	9,299,619		2.70	%	5,312,380		2.77	%
FHLB borrowings	—		—	%	—			—	%	50,154		3.95	%	10,491		4.61	%
Other long-term borrowings	205,786		6.38	%	76,117			8.41	%	149,676		6.37	%	76,017		7.02	%
Total interest-bearing liabilities	10,757,576		2.82	%	5,522,039			2.89	%	9,499,449		2.77	%	5,398,888		2.84	%
Noninterest-bearing deposits	2,665,398				1,642,346					2,307,562				1,587,670
Other liabilities	257,967				145,730					237,672				148,675
Stockholders' equity	1,851,250				1,118,006					1,631,324				1,088,165
Total liabilities and stockholders' equity	$	15,532,191			$	8,428,121				$	13,676,007			$	8,223,398


Net interest spread			3.08	%				3.20	%			3.08	%			3.23	%
Net interest margin			3.82	%				4.07	%			3.81	%			4.07	%
Net interest margin (on FTE basis)2			3.87	%				4.12	%			3.86	%			4.13	%
1 Includes loans held-for-investment, including nonaccrual loans, and loans held-for-sale.
2 Represents a non-GAAP financial measure. See the tables beginning on page 16 for a reconciliation of each non-GAAP measure to the most comparable GAAP equivalent.


	For the three months ended
	September 30, 2026		June 30, 2026				March 31, 2026			December 31, 2025		September 30, 2025
(In thousands)	Average Balance		Average Yield/Rate		Average Balance			Average Yield/Rate		Average Balance		Average Yield/Rate		Average Balance		Average Yield/Rate		Average Balance		Average Yield/Rate
Interest Earning Assets

Loans1	$	11,650,322	6.33	%	$	12,694,317		6.16	%	$	6,857,477	6.36	%	$	6,825,404	6.37	%	$	6,667,158	6.49	%
Investment securities	1,912,990		4.52	%	2,093,214			4.80	%	499,792		3.30	%	506,964		3.35	%	505,999		3.43	%
Interest-bearing cash and other assets	1,015,170		3.49	%	1,244,337			3.20	%	543,396		3.36	%	583,717		3.68	%	714,885		4.25	%
Total earning assets	14,578,482		5.90	%	16,031,868			5.75	%	7,900,665		5.96	%	7,916,085		5.98	%	7,888,042		6.09	%
Other assets	953,709				962,089					523,094				519,607				540,079
Total assets	$	15,532,191			$	16,993,957				$	8,423,759			$	8,435,692			$	8,428,121

Interest-bearing liabilities
Demand and NOW deposits	$	2,782,453	2.05	%	$	3,012,754		2.06	%	$	1,526,124	1.69	%	$	1,464,053	1.75	%	$	1,437,298	1.89	%
Savings deposits	1,917,139		2.82	%	1,970,300			2.84	%	382,025		0.50	%	381,978		0.55	%	391,444		0.59	%
Money market deposits	3,896,991		2.90	%	4,069,523			2.87	%	2,291,494		2.84	%	2,247,034		2.99	%	2,211,754		3.28	%
Certificates of deposit	1,935,244		3.37	%	2,798,815			3.35	%	1,206,411		3.32	%	1,284,200		3.49	%	1,397,371		3.64	%
Total deposits	10,531,827		2.75	%	11,851,392			2.77	%	5,406,054		2.46	%	5,377,265		2.60	%	5,437,867		2.81	%
Repurchase agreements	19,963		2.50	%	23,468			2.61	%	9,712		1.70	%	9,146		1.71	%	8,055		1.82	%
Total deposits and repurchase agreements	10,551,790		2.75	%	11,874,860			2.77	%	5,415,766		2.46	%	5,386,411		2.60	%	5,445,922		2.81	%
FHLB borrowings	—		—	%	149,374			3.97	%	1,100		3.12	%	—		—	%	—		—	%
Other long-term borrowings	205,786		6.38	%	204,667			6.46	%	36,719		5.72	%	36,650		5.82	%	76,117		8.41	%
Total interest-bearing liabilities	10,757,576		2.82	%	12,228,901			2.85	%	5,453,585		2.48	%	5,423,061		2.62	%	5,522,039		2.89	%
Noninterest-bearing deposits	2,665,398				2,622,311					1,623,528				1,698,126				1,642,346
Other liabilities	257,967				278,849					175,292				167,658				145,730
Stockholders' equity	1,851,250				1,863,896					1,171,354				1,146,847				1,118,006
Total liabilities and stockholders' equity	$	15,532,191			$	16,993,957				$	8,423,759			$	8,435,692			$	8,428,121


Net interest spread			3.08	%				2.90	%			3.48	%			3.36	%			3.20	%
Net interest margin			3.82	%				3.58	%			4.25	%			4.18	%			4.07	%
Net interest margin (on FTE basis)2			3.87	%				3.63	%			4.31	%			4.23	%			4.12	%
1 Includes loans held-for-investment, including nonaccrual loans, and loans held-for-sale.
2 Represents a non-GAAP financial measure. See the tables beginning on page 16 for a reconciliation of each non-GAAP measure to the most comparable GAAP equivalent.


Non-GAAP Financial Measures and Reconciliations:

	As of and for the three months ended															As of and for the nine months ended
($ in thousands, except share and per share amounts)	September 30, 2026			June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			September 30, 2026			September 30, 2025
Tangible stockholders’ equity to tangible assets:
Total stockholders' equity (GAAP)	$	1,810,506		$	1,837,392		$	1,175,507		$	1,153,356		$	1,127,513		$	1,810,506		$	1,127,513
Less: Goodwill and other intangible assets
Goodwill	(102,536)			(102,536)			(93,483)			(93,483)			(93,483)			(102,536)			(93,483)
Other intangible assets	(86,215)			(90,452)			(4,476)			(4,983)			(5,650)			(86,215)			(5,650)
Tangible stockholders' equity (non-GAAP)	$	1,621,755		$	1,644,404		$	1,077,548		$	1,054,890		$	1,028,380		$	1,621,755		$	1,028,380
Total assets (GAAP)	$	15,276,885		$	15,717,985		$	8,565,123		$	8,485,162		$	8,495,437		$	15,276,885		$	8,495,437
Less: Goodwill and other intangible assets
Goodwill	(102,536)			(102,536)			(93,483)			(93,483)			(93,483)			(102,536)			(93,483)
Other intangible assets	(86,215)			(90,452)			(4,476)			(4,983)			(5,650)			(86,215)			(5,650)
Tangible assets (non-GAAP)	$	15,088,134		$	15,524,997		$	8,467,164		$	8,386,696		$	8,396,304		$	15,088,134		$	8,396,304
Total stockholders' equity to total assets (GAAP)	11.85		%	11.69		%	13.72		%	13.59		%	13.27		%	11.85		%	13.27		%
Less: Impact of goodwill and other intangible assets	(1.10)		%	(1.10)		%	(0.99)		%	(1.01)		%	(1.02)		%	(1.10)		%	(1.02)		%
Tangible stockholders' equity to tangible assets (non-GAAP)	10.75		%	10.59		%	12.73		%	12.58		%	12.25		%	10.75		%	12.25		%
Tangible stockholders’ equity to tangible assets, reflecting net unrealized losses on HTM securities, net of tax:
Tangible stockholders' equity (non-GAAP)	$	1,621,755		$	1,644,404		$	1,077,548		$	1,054,890		$	1,028,380		$	1,621,755		$	1,028,380
Less: Net unrealized losses on HTM securities, net of tax	(4,315)			(3,553)			(3,407)			(3,320)			(3,432)			(4,315)			(3,432)
Tangible stockholders’ equity less net unrealized losses on HTM securities, net of tax (non-GAAP)	$	1,617,440		$	1,640,851		$	1,074,141		$	1,051,570		$	1,024,948		$	1,617,440		$	1,024,948
Tangible assets (non-GAAP)	$	15,088,134		$	15,524,997		$	8,467,164		$	8,386,696		$	8,396,304		$	15,088,134		$	8,396,304
Less: Net unrealized losses on HTM securities, net of tax	(4,315)			(3,553)			(3,407)			(3,320)			(3,432)			(4,315)			(3,432)
Tangible assets less net unrealized losses on HTM securities, net of tax (non-GAAP)	$	15,083,819		$	15,521,444		$	8,463,757		$	8,383,376		$	8,392,872		$	15,083,819		$	8,392,872
Tangible stockholders’ equity to tangible assets (non-GAAP)	10.75		%	10.59		%	12.73		%	12.58		%	12.25		%	10.75		%	12.25		%
Less: Impact of net unrealized losses on HTM securities, net of tax	(0.03)		%	(0.02)		%	(0.04)		%	(0.04)		%	(0.04)		%	(0.03)		%	(0.04)		%
Tangible stockholders’ equity to tangible assets reflecting net unrealized losses on HTM securities, net of tax (non-GAAP)	10.72		%	10.57		%	12.69		%	12.54		%	12.21		%	10.72		%	12.21		%



($ in thousands)	September 30, 2026		June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025
Consumer
Noninterest-bearing deposit accounts	$	1,093,197	$	1,000,584	$	410,296	$	404,666	$	412,568
Interest-bearing deposit accounts:
Demand and NOW	1,048,086		937,796		607,465		590,535		598,499
Savings	1,233,040		1,469,618		313,910		308,655		314,954
Money market	2,144,717		2,488,103		1,397,890		1,400,593		1,416,258
Certificates of deposit	938,097		1,044,959		793,503		809,401		869,077
Total interest-bearing deposit accounts	5,363,940		5,940,476		3,112,768		3,109,184		3,198,788
Total consumer deposits	$	6,457,137	$	6,941,060	$	3,523,064	$	3,513,850	$	3,611,356
Business
Noninterest-bearing deposit accounts	$	1,577,869	$	1,672,705	$	1,189,623	$	1,246,707	$	1,261,929
Interest-bearing deposit accounts:
Demand and NOW	2,133,750		1,905,387		962,445		893,306		859,387
Savings	478,534		434,076		73,230		69,976		71,281
Money market	1,291,645		1,413,966		920,878		901,244		817,051
Certificates of deposit	126,640		103,360		51,940		57,349		57,225
Total interest-bearing deposit accounts	4,030,569		3,856,789		2,008,493		1,921,875		1,804,944
Total business deposits	$	5,608,438	$	5,529,494	$	3,198,116	$	3,168,582	$	3,066,873
Wholesale1	$	905,383	$	947,450	$	366,333	$	424,924	$	427,186
Total deposits	$	12,970,958	$	13,418,004	$	7,087,513	$	7,107,356	$	7,105,415
1 Wholesale deposits primarily consist of brokered deposits included in our condensed consolidated balance sheets within certificates of deposit.



	September 30, 2026		June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025
Cash to total assets1	4.7	%	6.2	%	4.7	%	7.6	%	7.7	%
Loan to deposit ratio	88.3	%	86.2	%	97.9	%	93.9	%	94.0	%
Uninsured deposits to total deposits2	33.2	%	31.6	%	35.4	%	36.6	%	36.2	%
Uninsured and uncollateralized deposits to total deposits2	25.8	%	28.0	%	28.6	%	29.0	%	28.3	%

Wholesale deposits and borrowings to total liabilities3	6.7	%	6.8	%	6.0	%	5.8	%	5.8	%


1 Cash consists of unencumbered cash and amounts due from banks and interest-bearing deposits with other financial institutions. 2 Uninsured deposits and uninsured and uncollateralized deposits are reported for our wholly-owned subsidiary Sunflower Bank, N.A. and are estimated. 3 Wholesale deposits primarily consist of brokered deposits included in our condensed consolidated balance sheets within certificates of deposit. Wholesale borrowings consist of FHLB overnight and term advances.



($ in thousands)	September 30, 2026		June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025
Commercial and industrial	$	3,663,661	$	3,579,772	$	3,160,777	$	2,937,867	$	2,945,697
Commercial real estate:
Non-owner occupied	1,136,193		1,195,172		778,778		742,002		725,425
Owner occupied	919,091		951,226		694,190		700,774		668,172
Construction and land	256,561		218,441		280,781		268,652		343,803
Multifamily	2,543,964		2,613,194		227,980		210,368		183,504
Total commercial real estate	4,855,809		4,978,033		1,981,729		1,921,796		1,920,904
Residential real estate1	1,891,223		1,913,575		1,216,810		1,221,086		1,209,742
Public Finance	929,074		957,556		494,539		501,582		516,247
Consumer	36,815		29,569		31,875		32,651		38,931
Other	100,905		114,047		54,242		58,198		50,108
Loans, excluding loan hedge fair value	11,477,487		11,572,552		6,939,972		6,673,180		6,681,629
Loan hedge fair value2	(19,596)		(4,109)		—		—		—
Loans	$	11,457,891	$	11,568,443	$	6,939,972	$	6,673,180	$	6,681,629
1 Includes 1-4 family residential construction. 2 Represents fair value hedge basis adjustments related to active portfolio layer method hedges, which are not allocated to individual loans.