M&A
confidence high
sentiment neutral
materiality 0.75
FirstSun Capital Bancorp completes acquisition of Pioneer Bancshares; audited financials filed
FIRSTSUN CAPITAL BANCORP
- Pioneer Bancshares had total assets of $1.58B, loans of $883M, and deposits of $1.24B at Dec 31, 2021.
- Net income for 2021 was $12.3M, up from $11.1M in 2020.
- Pro forma combined financial information for FirstSun as of and for the year ended Dec 31, 2021 filed as Exhibit 99.2.
- Acquisition closed on April 1, 2022; this 8-K/A provides required historical financial statements.