FirstSun's boosts outlook on impact of First Foundation deal

['John Reosti Is A Reporter Covering Community Banks In Particular', 'The Financial Services Industry In General. He Also Focuses On The Small...', 'Managing Editor', 'National Reporter', 'Staff Writer'] The Latest 2026-07-28 21:42:16

Forward look: FirstSun is predicting a sharp decline in net charge-offs during the second half of 2026 after experiencing a second-quarter surge. FirstSun is predicting a sharp decline in net charge-offs during the second half of 2026 after experiencing a second-quarter surge. — FirstSun CEO Neal Arnold"The reality is we have no loans anywhere close to our legal lending limit, and we take concentration seriously." FirstSun completed its $785 million, all-stock acquisition of Dallas-based First Foundation Inc. on April 1. So far, FirstSun has shed $3.9 billion of loans, $2.5 billion of deposits and $1.4 billion of Federal Home Loan Bank borrowings.