FirstSun Capital Bancorp and First Foundation Inc. have entered into a merger agreement under which First Foundation will merge into FirstSun, with FirstSun as the surviving corporation. Following the merger, First Foundation's subsidiary, First Foundation Bank, will also merge with FirstSun's subsidiary, Sunflower Bank, which will continue as the surviving bank. The boards of directors of both companies have unanimously approved the agreement. First Foundation shareholders will receive 0.16083 shares of FirstSun common stock for each share they own. The transaction is expected to close early in the second quarter of 2026, pending required approvals and customary closing conditions. Additionally, FirstSun will amend its certificate of incorporation to increase authorized common stock and create a new class of non-voting common stock, which may be issued to certain former First Foundation stockholders.