---
schema_version: "secwatch.filing_event.v1"
accession: "0001709442-26-000041"
form_type: "8-K"
ticker: "FSUN"
cik: "0001709442"
company_name: "FIRSTSUN CAPITAL BANCORP"
filed_at: "2026-07-09T20:30:14+00:00"
generated_at: "2026-07-09T20:31:26.044296+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FirstSun Capital warns Q2 charge-offs $42-43M; fraud-related $22M loss on $23.6M loan

## Summary
- Expects $22.0M charge-off on $23.6M asset-based loan to materials distributor due to borrower fraud; minimal recovery anticipated.
- Expects $12.9M charge-off on $16.0M C&I loan to technology company due to deteriorating financial performance.
- Q2 2026 provision for credit losses expected $40-41M; total charge-offs $42-43M.
- Full-year 2026 net charge-offs to average loans guided to high 50s bps; allowance to loans mid-140s to 150s bps.
- Management believes fraud incident isolated; law enforcement notified; no other guidance updated.

## SEC filing metadata
- accession: 0001709442-26-000041
- form_type: 8-K
- ticker: FSUN
- cik: 0001709442
- company_name: FIRSTSUN CAPITAL BANCORP
- filed_at: 2026-07-09T20:30:14+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1709442/000170944226000041/0001709442-26-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709442/000170944226000041/fcb-20260709.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001709442-26-000041
- JSON: https://secwatch.observer/filing/0001709442-26-000041.json
- Plain text: https://secwatch.observer/filing/0001709442-26-000041.txt

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