FIRSTSUN CAPITAL BANCORP Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1400 16TH STREET DENVER, CO 80202 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 344 | 668 | ||
| Cash and cash equivalents | 344 | 668 | ||
| Receivables | 1 | 1 | ||
| Total current assets: | 345 | 669 | ||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 28 | |||
| Property, plant and equipment | 87 | 53 | ||
| Intangible assets, net (including goodwill) | 109 | 41 | ||
| Goodwill | 93 | 33 | ||
| Intangible assets, net (excluding goodwill) | 16 | 8 | ||
| Deferred income tax assets | 48 | 23 | ||
| Total noncurrent assets: | 273 | 117 | ||
| Other undisclosed assets | 6,813 | 4,880 | ||
| TOTAL ASSETS: | 7,430 | 5,667 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Debt | 37 | 102 | ||
| Total current liabilities: | 37 | 102 | ||
| Noncurrent Liabilities | ||||
| Other undisclosed liabilities | 6,619 | 5,041 | ||
| Total liabilities: | 6,656 | 5,143 | ||
| Equity | ||||
| Equity, attributable to parent | 775 | 524 | ||
| Common stock | 0 | 0 | ||
| Treasury stock, value | (38) | |||
| Additional paid in capital | 461 | 262 | ||
| Accumulated other comprehensive income (loss) | (44) | 2 | ||
| Retained earnings | 358 | 299 | ||
| Total equity: | 775 | 524 | ||
| TOTAL LIABILITIES AND EQUITY: | 7,430 | 5,667 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Revenues | 12 | 10 | |
| Investment banking revenue | ✕ | 8 | |
| Net investment income | 6 | 2 | |
| Revenues, excluding interest and dividends | 7 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (18) | (3) | |
| Gross profit: | (6) | 7 | |
| Operating expenses | (87) | (59) | |
| Other operating income, net | 3 | 4 | |
| Noninterest income, other operating income | 7 | 7 | |
| Other expenses | (4) | (3) | |
| Operating loss: | (90) | (48) | |
| Nonoperating income (expense) (gains on Sales of Other Real Estate) | 0 | 1 | |
| Interest and debt expense | (25) | (14) | |
| Loss from continuing operations before equity method investments, income taxes: | (115) | (61) | |
| Other undisclosed income from continuing operations before income taxes | 189 | 113 | |
| Income from continuing operations before income taxes: | 74 | 52 | |
| Income tax expense | (15) | (9) | |
| Income from continuing operations: | 59 | 43 | |
| Income before gain (loss) on sale of properties: | ✕ | 43 | |
| Net income available to common stockholders, diluted: | 59 | 43 | |
Comprehensive Income ($ in millions)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Net income: | 59 | 43 | |
| Comprehensive income: | 59 | 43 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (46) | (7) | |
| Comprehensive income, net of tax, attributable to parent: | 14 | 36 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.