First Foundation and FirstSun Secure OCC Approval for Bank Merger, Advancing Towards Q2 Close

summarizeSummary

First Foundation Inc. and FirstSun Capital Bancorp announced receipt of regulatory approval from the Office of the Comptroller of the Currency for the merger of their bank subsidiaries, a key step towards completing their overall merger.

check_boxKey Events

• Regulatory Approval Received

  First Foundation Inc. and FirstSun Capital Bancorp jointly announced that the Office of the Comptroller of the Currency (OCC) has approved the merger of their respective bank subsidiaries, First Foundation Bank and Sunflower Bank, N.A.

• Merger Progresses

  This approval is a critical step towards the completion of the overall merger between First Foundation and FirstSun, which was previously amended on February 6, 2026.

• Remaining Conditions

  The merger remains subject to approval from the Board of Governors of the Federal Reserve System, stockholder approvals at meetings on February 27, 2026, and other customary closing conditions.

• Expected Completion Timeline

  The companies anticipate completing the merger early in the second quarter of 2026.

auto_awesomeAnalysis

This filing signals significant progress for First Foundation's pending merger with FirstSun Capital Bancorp. The OCC approval for the bank subsidiary merger removes a major regulatory hurdle. While Federal Reserve approval and shareholder votes are still required, this development reduces uncertainty and keeps the transaction on track for an early Q2 2026 completion. Investors should monitor the upcoming shareholder meetings on February 27, 2026, and the Federal Reserve's decision for further updates on the merger's progression.