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FirstSun Capital Bancorp reported net income of $26.5 million for the third quarter of 2022 compared to net income of $8.7 million for the third quarter of 2021. Earnings per diluted share was $1.04 for the third quarter of 2022 compared to $0.46 for the third quarter of 2021.
We're proud to announce our partnership with On the Road Lending, a nonprofit auto lender that provides character-based affordable loans for reliable cars. This $525k investment and $25k in operating support will provide affordable loans for reliable cars in rural markets.
We're pleased to kick off our new quarterly Market Commentary series, Upon Further Review, with a discussion of the Beveridge Curve and its relation to recent rate-setting actions by the Federal Open Market Committee.
The Dallas Housing Opportunity Fund (DHOF), launched by the city to expand affordable housing and economic development, has made its first project investment and closed its first investor, bringing new capital to Dallas communities. DHOF was seeded with $6 million from the City of Dallas and expanded with $7.5 million in debt and equity financing from Sunflower Bank.
FirstSun Capital Bancorp announces the expansion of the Sunflower Bank, N.A. Executive Leadership team to reflect Sunflower Bank’s commitment to ensure its management structure continues to support its geographic and business line investments.