The bank maintains a conservative capital position with an equity-to-assets ratio of 0.14 and minimal holding company debt-to-equity of 0.03%.
| Cash & Short Term Investments | 3.45B | 1.12B | 620.44M | 996.12M | 880.5M | 1.24B | 670.56M | 144.53M |
| Cash & Due from Banks | 413.73M | 652.59M | 615.92M | 479.36M | 343.53M | 668.46M | 201.98M | 144.53M |
| Short Term Investments | 0 | 468.97M | 4.52M | 516.76M | 536.97M | 572.5M | 468.59M | 0 |
| Total Investments | 7.5B | 7.06B | 6.95B | 6.86B | 6.53B | 4.7B | 4.49B | 0 |
| Investments Growth % | 21.78% | 1.51% | 1.38% | 4.95% | 39% | 4.61% | - | - |
| Long-Term Investments | 28.31B | 6.59B | 6.95B | 6.34B | 6B | 4.13B | 4.02B | 0 |
| Accounts Receivables | 33.09M | 33.84M | 32.1M | 37.1M | 28.54M | 14.76M | 15.42M | 0 |
| Goodwill & Intangibles | 97.96M | 98.47M | 185.28M | 181.33M | 183.62M | 89.95M | 71.86M | 73.62M |
| Goodwill | 93.48M | 93.48M | 93.48M | 93.48M | 93.48M | 33.05M | 33.05M | 33.05M |
| Intangible Assets | 4.48M | 4.98M | 91.8M | 87.85M | 90.14M | 56.91M | 38.81M | 40.57M |
| PP&E (Net) | 81.14M | 81.52M | 104.96M | 109.07M | 116.52M | 53.15M | 56.76M | 61.98M |
| Other Assets | 467.87M | 561.61M | 153.31M | 157.82M | 166.99M | 109.81M | 80.11M | 3.91B |
| Total Current Assets | 413.73M | 1.16B | 664.98M | 1.04B | 917.83M | 1.26B | 738.22M | 144.53M |
| Total Non-Current Assets | 8.15B | 7.33B | 7.43B | 6.84B | 6.51B | 4.4B | 4.26B | 4.04B |
| Total Assets | 8.57B | 8.49B | 8.1B | 7.88B | 7.43B | 5.67B | 5B | 4.19B |
| Asset Growth % | 18.88% | 4.79% | 2.76% | 6.05% | 31.12% | 13.44% | 19.35% | - |
| Return on Assets (ROA) | 1.13% | 1.18% | 0.95% | 1.35% | 0.9% | 0.81% | 1.04% | 0.49% |
| Accounts Payable | 0 | 0 | 8.71M | 13.58M | 5.8M | 2.37M | 2.59M | 0 |
| Total Debt | 119.42M | 36.68M | 114.92M | 515.9M | 792.11M | 162.01M | 183.73M | 139.06M |
| Net Debt | -294.31M | -615.91M | -501M | 36.54M | 448.58M | -506.45M | -18.24M | -5.47M |
| Long-Term Debt | 36.75M | 36.68M | 75.84M | 75.31M | 80.23M | 69.46M | 68.36M | 139.06M |
| Short-Term Debt | 82.67M | 0 | 14.7M | 414.16M | 680.61M | 92.09M | 115.37M | 74.11M |
| Other Liabilities | 7.27B | 187.77M | 249.89M | 82.75M | 76.93M | 109.15M | 70.41M | 3.59B |
| Total Current Liabilities | 82.67M | 7.11B | 6.71B | 6.82B | 6.47B | 4.96B | 4.37B | 21.24M |
| Total Non-Current Liabilities | 7.31B | 224.45M | 350.1M | 184.5M | 188.44M | 179.07M | 138.77M | 3.73B |
| Total Liabilities | 7.39B | 7.33B | 7.06B | 7B | 6.66B | 5.14B | 4.51B | 3.76B |
| Total Equity | 1.18B | 1.15B | 1.04B | 877.2M | 774.54M | 524.04M | 485.79M | 430.2M |
| Equity Growth % | 39.74% | 10.75% | 18.72% | 13.25% | 47.8% | 7.87% | 12.92% | - |
| Equity / Assets (Capital Ratio) | 13.72% | 13.59% | 12.86% | 11.13% | 10.42% | 9.25% | 9.72% | 10.28% |
| Return on Equity (ROE) | 8.43% | 8.92% | 7.88% | 12.54% | 9.11% | 8.55% | 10.39% | 4.77% |
| Book Value per Share | 41.51 | 40.81 | 37.10 | 34.55 | 32.49 | 21.06 | 19.53 | 17.29 |
| Tangible BV per Share | 38.05 | 37.32 | 30.50 | 27.41 | 24.79 | 17.45 | 16.64 | 14.33 |
| Common Stock | 3K | 3K | 3K | 2K | 2K | 2K | 2K | 2K |
| Additional Paid-in Capital | 550.71M | 549.62M | 547.33M | 462.68M | 460.72M | 261.9M | 259.36M | 0 |
| Retained Earnings | 652.67M | 631.09M | 533.15M | 457.52M | 357.8M | 298.62M | 255.45M | 207.87M |
| Accumulated OCI | -27.87M | -27.35M | -39.11M | -43.01M | -43.98M | 1.66M | 9.12M | 1.86M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -38.15M | -38.15M | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE Concentration and Provisioning
According to reported financial statements, FirstSun's total assets grew from $7.8 billion in 2024Q1 to $8.6 billion by 2026Q1, indicating a consistent expansionary trajectory driven by the bank's focus on capturing middle-market commercial lending opportunities within its targeted high-growth Sunbelt and Mountain West geographic corridors.
The steady increase in asset volume suggests that the bank is successfully executing its hub-and-spoke model by deploying capital from its stable Kansas deposit base into higher-yielding commercial markets. Investors should monitor whether this growth remains organic or if future expansion requires additional capital raises to maintain regulatory ratios.
Based on the provided figures, FirstSun maintained an equity-to-assets ratio of 0.14 as of 2026Q1, which, when viewed alongside the minimal holding company debt-to-equity ratio of 0.03%, suggests a conservative capital structure that provides a meaningful buffer against potential credit volatility in its commercial loan portfolio.
This capital position appears sufficient to support current growth initiatives without immediate dilution, though the lack of dividend payments indicates that management is prioritizing internal capital accumulation. The bank's ability to maintain this ratio while expanding its loan book suggests a disciplined approach to risk-weighted asset management.
As reported in quarterly filings, FirstSun held $7.5 billion in investment securities as of 2026Q1, representing a significant portion of its $8.6 billion asset base, which serves as a primary liquidity lever for managing cash flow fluctuations and potential deposit outflows in a competitive rate environment.
The high concentration of securities relative to total assets implies that the bank relies heavily on its investment portfolio to manage duration and liquidity gaps. Analysts should scrutinize the composition of this portfolio for unrealized losses that could impact future capital adequacy if interest rates remain elevated for an extended period.
Based on historical data, FirstSun's provision for loan losses reached $8.2 million in 2026Q1, following a volatile period that saw a peak of $16.5 million in 2024Q1, which underscores the bank's vulnerability to credit quality deterioration within its concentrated commercial real estate and C&I lending segments.
The fluctuation in provision expenses suggests that the bank's earnings are highly sensitive to subjective CECL modeling and the underlying economic health of its Sunbelt markets. Continued monitoring of non-performing asset trends is essential to determine if these provisions are sufficient to cover potential losses in the CRE portfolio.
Quick answers to the most common questions about buying FSUN stock.
As of 2025, FirstSun Capital Bancorp (FSUN) had total assets of $8.49B including $1.16B in current assets.
FirstSun Capital Bancorp (FSUN) carries total debt of $36.7M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
FirstSun Capital Bancorp (FSUN) has total shareholders' equity (book value) of $1.15B ($40.81 book value per share). Book value represents the net worth of the company belonging to common stock holders.
FirstSun Capital Bancorp (FSUN) reported a current ratio of 0.16x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.