FirstSun Capital Bancorp to Acquire HomeStreet in Definitive Merger; Raises $175 Million Equity

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).

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.

FirstSun Capital Bancorp Completes Merger with Pioneer Bancshares, Inc.

April 1, 2022

Financial Services

FirstSun Capital Bancorp (holding company of Sunflower Bank) completed its previously announced merger with Texas-based Pioneer Bancshares, Inc. (holding company of Pioneer Bank, SSB) effective April 1, 2022. Pioneer Bank, SSB’s subsidiary bank merged into Sunflower Bank, and the combined company now operates under the FirstSun and Sunflower Bank trade names with an expanded Southwest footprint.

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.

The First Bancshares Acquires Heritage Southeast Bancorporation

July 27, 2022

Financial Services

The First Bancshares, Inc. executed a definitive merger agreement to acquire Heritage Southeast Bancorporation, Inc. (HSBI). Upon closing, Heritage Southeast Bank will merge into The First Bank, expanding the acquirer’s presence in Georgia and Florida.

Smith Financial Corporation Acquires Home Capital Group Inc

November 21, 2022

Financial Services

Smith Financial Corporation entered into a definitive court-approved plan of arrangement to acquire all outstanding shares of Home Capital Group Inc that it did not already own for $44.00 cash per share (subject to an increase based on deal timing). The arrangement closed after May 20, 2023, raising the consideration to $44.28 per share.