FirstSun Capital Bancorp (FSUN)

FirstSun Capital Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	421.96	385.64	247.99	159.3	145.26
Interest Income on Investments	37.58	28.05	18.83	10.05	11.58
Total Interest Income	459.54	413.68	266.82	169.35	156.84
Interest Paid on Deposits	150.65	101.36	13.15	8.54	15.64
Interest Paid on Borrowings	11.98	18.9	12.03	5.58	5.24
Total Interest Expense	162.63	120.25	25.19	14.12	20.88
Net Interest Income	296.91	293.43	241.63	155.23	135.95
Net Interest Income Growth (YoY)	1.19%	21.44%	55.66%	14.18%	6.86%
Trust Income	20.62	17.42	15.63	7.8	5.2
Mortgage Banking Activities	39.01	31.38	46.29	86.41	122.17
Gain (Loss) on Sale of Investments	-	-	-	-	0.15
Other Non-Interest Income	9.54	8.78	6.59	7.17	3.09
Total Non-Interest Income	89.79	79.09	89.57	124.24	148.39
Non-Interest Income Growth (YoY)	13.53%	-11.69%	-27.91%	-16.27%	109.09%
Revenues Before Loan Losses	386.7	372.52	331.2	279.48	284.34
Provision for Loan Losses	27.55	18.25	18.05	3	23.1
Revenue	359.15	354.28	313.15	276.48	261.24
Revenue Growth (YoY)	1.38%	13.13%	13.26%	5.83%	35.96%
Salaries and Employee Benefits	152.61	131.1	132.91	148.93	137.65
Occupancy Expenses	36.28	33.43	31.34	21.01	19.46
Amortization of Goodwill & Intangibles	3.55	4.82	4.22	1.42	1.49
Selling, General & Administrative	5.63	4.94	4.04	12.75	11.99
Other Non-Interest Expense	52.79	48.5	47.87	37.46	33.5
Total Non-Interest Expense	250.86	222.79	220.38	221.55	204.07
EBT Excluding Unusual Items	108.29	131.48	92.77	54.93	57.17
Pretax Income	95.11	131.48	74.02	51.84	57.17
Income Tax Expense	19.48	27.95	14.84	8.68	9.58
Net Income	75.63	103.53	59.18	43.16	47.59
Net Income to Common	75.63	103.53	59.18	43.16	47.59
Net Income Growth	-26.95%	74.94%	37.11%	-9.29%	132.09%
Basic Shares Outstanding	27	25	23	18	18
Diluted Shares Outstanding	28	25	24	19	18
Shares Change (YoY)	10.56%	6.50%	27.00%	1.60%	-6.99%
EPS (Basic)	2.76	4.15	2.55	2.36	2.60
EPS (Diluted)	2.69	4.08	2.48	2.30	2.58
EPS Growth	-34.07%	64.52%	7.83%	-10.85%	150.49%
Effective Tax Rate	20.48%	21.26%	20.05%	16.74%	16.76%

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q