---
schema_version: "secwatch.filing_event.v1"
accession: "0001709442-24-000015"
form_type: "8-K"
ticker: "FSUN"
cik: "0001709442"
company_name: "FIRSTSUN CAPITAL BANCORP"
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:37:54.268328+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FirstSun Capital files pro forma financials for HomeStreet merger; bargain purchase gain of $25.6M

## Summary
- Pro forma combined net income for 2023: $150.5M vs FirstSun standalone $103.5M; HomeStreet had a net loss of $27.5M.
- HomeStreet shareholders receive 0.4345 FSUN shares per HMST share; total consideration $295.3M at $35/FSUN.
- Bargain purchase gain of $25.6M; total merger costs est. $86.8M pre-tax with $14.6M due at closing.
- Pro forma total assets $16.57B; pro forma EPS $3.87 basic, $3.82 diluted.
- Loan fair value mark $432.2M; core deposit intangible $82.8M (10-yr amort); Fannie Mae DUS license $15M indefinite-lived.

## SEC filing metadata
- accession: 0001709442-24-000015
- form_type: 8-K
- ticker: FSUN
- cik: 0001709442
- company_name: FIRSTSUN CAPITAL BANCORP
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1709442/000170944224000015/0001709442-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709442/000170944224000015/fcb-20240308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001709442-24-000015
- JSON: https://secwatch.observer/filing/0001709442-24-000015.json
- Plain text: https://secwatch.observer/filing/0001709442-24-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.