FirstSun and HomeStreet merger stalled; regulators asked to withdraw applications

FIRSTSUN CAPITAL BANCORP

Fed and Texas Dept. of Banking have not approved merger; FirstSun/Sunflower asked to withdraw applications.
Parties discussing alternative regulatory structure; may terminate if no feasible alternative.
HomeStreet regulators said no concerns specific to HomeStreet would have prevented approval.
FirstSun CEO cites challenging external regulatory environment for bank mergers.

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