FirstSun Capital Bancorp Merges with HomeStreet in $175 Million Equity-Raised Deal

FirstSun Capital Bancorp to Merge With First Foundation Inc to Create a $17 Billion Regional Bank

February 25, 2026

Financial Services

FirstSun Capital Bancorp and First Foundation Inc. announced an all-stock merger to combine their bank subsidiaries, with Sunflower Bank, N.A. as the surviving bank. The deal was approved by both boards and is subject to remaining regulatory and shareholder closing conditions, with an expected close in early Q2 2026 (later targeted for April 1, 2026).

FirstSun Capital Bancorp Acquires Pioneer Bancshares, Inc.

April 1, 2022

Financial Services

FirstSun Capital Bancorp completed its merger with Texas-based Pioneer Bancshares, Inc., effective April 1, 2022. Pioneer's subsidiary Pioneer Bank, SSB was merged into Sunflower Bank, expanding FirstSun/Sunflower's branch footprint in Texas and increasing the combined company’s assets to over $7.3 billion pro forma.

Mechanics Bank and HomeStreet Announce and Complete Strategic All-Stock Merger

September 2, 2025

Financial Services

Mechanics Bank and HomeStreet, Inc. (holding company of HomeStreet Bank) entered into a definitive all-stock merger agreement under which HomeStreet Bank would merge into Mechanics Bank, with Mechanics Bank surviving as a California corporation and a wholly owned subsidiary of the renamed public holding company, Mechanics Bancorp. After receiving regulatory approvals, the deal was completed in 2025, creating a West Coast community bank with ~166 branches and over $22 billion in assets.

Castle Creek Capital Acquires $40M Equity Stake in FirstSun Capital Bancorp

December 4, 2025

Financial Services

Affiliates of Castle Creek Capital acquired $40 million of common stock in FirstSun Capital Bancorp from legacy stockholders, becoming one of the company's largest institutional shareholders with roughly a 4% stake. The investment is intended to support FirstSun as it pursues a proposed merger with First Foundation Inc. and Castle Creek expects to join the company's board subject to regulatory and closing conditions.

Hometown Financial Group to Acquire CFSB Bancorp and Colonial Federal Savings Bank

November 1, 2025

Financial Services

Hometown Financial Group, Inc. entered into a definitive merger agreement to acquire CFSB Bancorp, Inc., the holding company for Colonial Federal Savings Bank. The deal, valued at about $44 million, is expected to close in Q4 2025, and Colonial Federal branches will be integrated into North Shore Bank.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.