SUBSEQUENT EVENT |
9 Months Ended |
|---|---|
Sep. 30, 2025 | |
| SUBSEQUENT EVENT | |
| SUBSEQUENT EVENT | NOTE 16: SUBSEQUENT EVENT On October 27, 2025, FFI and FirstSun Capital Bancorp (“FirstSun”) issued a joint press release announcing the execution of an Agreement and Plan of Merger, dated as of October 27, 2025, by and between FFI and FirstSun, pursuant to which, upon the terms and subject to the conditions set forth therein, FFI will merge with and into FirstSun, with FirstSun continuing as the surviving entity (the “Merger”). Immediately following the Merger, First Foundation Bank will merge with and into Sunflower Bank, National Association (“Sunflower Bank”), with Sunflower Bank continuing as the surviving bank. The transaction is expected to close early in the second quarter of 2026, subject to the receipt of regulatory approvals, the approval of FFI’s and FirstSun’s shareholders and the satisfaction of customary closing conditions. |