FirstSun Capital Bancorp (FSUN) 10-Q 12 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Aug. 11, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	333-258176
Entity Registrant Name	FIRSTSUN CAPITAL BANCORP
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	81-4552413
Entity Address, Address Line One	1400 16th Street
Entity Address, Address Line Two	Suite 250
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80202
City Area Code	303
Local Phone Number	831-6704
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		24,877,718
Entity Central Index Key	0001709442
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Current Fiscal Year End Date	--12-31

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 510,701	$ 668,462
Securities available-for-sale	578,751	572,501
Securities held-to-maturity, fair value of $35,855 and $18,599, respectively	39,803	18,007
Loans held-for-sale, at fair value	61,253	103,939
Loans, net of allowance for loan losses of $56,077 and $47,547, respectively	5,331,851	3,989,576
Mortgage servicing rights, at fair value	66,047	47,392
Premises and equipment, net	89,674	53,147
Other real estate owned and foreclosed assets, net	5,391	5,487
Bank-owned life insurance	77,005	54,858
Restricted equity securities	27,839	16,239
Goodwill	93,483	33,050
Core deposits and other intangible assets, net	18,760	8,250
Accrued interest receivable	20,304	14,761
Deferred tax assets, net	55,483	23,030
Prepaid expenses and other assets	84,347	58,115
Total assets	7,060,692	5,666,814
Deposits:
Noninterest-bearing accounts	1,942,078	1,566,113
Interest-bearing accounts	3,990,944	3,288,835
Total deposits	5,933,022	4,854,948
Securities sold under agreements to repurchase	70,838	92,093
Federal Home Loan Bank advances	159,968	40,000
Convertible notes payable, net	5,279	19,442
Subordinated debt, net	74,680	50,016
Accrued interest payable	2,731	2,369
Accrued expenses and other liabilities	86,632	83,908
Total liabilities	6,333,150	5,142,776
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued or outstanding, respectively	0	0
Common stock, $0.0001 par value; 50,000,000 shares authorized; 24,850,954 and 19,903,342 shares issued; 24,850,954 and 18,346,288 shares outstanding, respectively	2	2
Additional paid-in capital	460,263	261,905
Treasury stock, — and 1,557,054 shares, respectively	0	(38,148)
Retained earnings	306,714	298,615
Accumulated other comprehensive income (loss), net	(39,437)	1,664
Total stockholders’ equity	727,542	524,038
Total liabilities and stockholders’ equity	$ 7,060,692	$ 5,666,814

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Securities held-to-maturity, fair value	$ 35,855	$ 18,599
Loans, allowance for loan losses	$ 56,077	$ 47,547
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	24,850,954	19,903,342
Common stock, shares outstanding (in shares)	24,850,954	18,346,288
Treasury stock shares (in shares)	0	1,557,054

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest and fee income on loans:
Taxable	$ 53,749	$ 31,320	$ 90,640	$ 64,843
Tax exempt	4,836	6,405	9,803	13,141
Interest and dividend income on securities:
Taxable	3,340	1,873	5,611	3,685
Tax exempt	(7)	4	(3)	7
Other interest income	1,310	467	1,838	839
Total interest income	63,228	40,069	107,889	82,515
Interest expense:
Interest expense on deposits	2,172	2,349	3,746	4,753
Interest expense on securities sold under agreements to repurchase	15	18	23	36
Interest expense on other borrowed funds	2,456	1,302	4,250	2,909
Total interest expense	4,643	3,669	8,019	7,698
Net interest income	58,585	36,400	99,870	74,817
Provision for (reversal of) loan losses	5,000	(1,400)	8,700	(1,750)
Net interest income after provision for (reversal of) loan losses	53,585	37,800	91,170	76,567
Noninterest income:
Service charges on deposit accounts	4,379	2,645	8,304	5,188
Credit and debit card fees	2,990	2,544	5,405	4,668
Trust and investment advisory fees	1,909	1,992	3,856	3,897
Income from mortgage banking services, net	11,671	22,936	26,232	47,993
Gain (loss) on other real estate owned and foreclosed assets activity, net	(11)	498	9	498
Other noninterest income	1,364	1,668	2,189	3,920
Total noninterest income	22,302	32,283	45,995	66,164
Noninterest expense:
Salary and employee benefits	35,248	38,449	69,473	77,068
Occupancy and equipment	7,753	6,527	14,586	13,224
Amortization of intangible assets	935	354	1,262	708
Merger related expenses	18,448	1,279	18,751	1,279
Other noninterest expenses	13,284	10,015	24,063	19,525
Total noninterest expense	75,668	56,624	128,135	111,804
Income (loss) before income taxes	219	13,459	9,030	30,927
Provision for (benefit from) income taxes	(211)	2,178	931	5,308
Net income	430	11,281	8,099	25,619
Other comprehensive income (loss), net of tax:
Gain (loss) on securities available-for-sale	(25,867)	864	(42,199)	(1,977)
Gain on fair value hedges of securities available-for-sale	1,098	0	1,098	0
Other comprehensive income (loss), net of tax	(24,769)	864	(41,101)	(1,977)
Comprehensive income (loss)	(24,339)	12,145	(33,002)	23,642
Earnings per share:
Net income available to common stockholders, basic	430	11,281	8,099	25,619
Net income available to common stockholders, diluted	$ 430	$ 11,281	$ 8,099	$ 25,619
Basic (in dollars per share)	$ 0.02	$ 0.62	$ 0.38	$ 1.40
Diluted (in dollars per share)	$ 0.02	$ 0.60	$ 0.36	$ 1.37

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common stock	Additional paid-in capital	Treasury stock	Retained earnings	Accumulated other comprehensive income
Balance, beginning of period (in shares) at Dec. 31, 2020		19,878,713
Balance, beginning of period at Dec. 31, 2020	$ 485,787	$ 2	$ 259,363	$ (38,148)	$ 255,451	$ 9,119
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation, net of forfeitures	1,153		1,153
Net income	25,619				25,619
Other comprehensive income (loss)	(1,977)					(1,977)
Balance, end of period (in shares) at Jun. 30, 2021		19,878,713
Balance, ending of period at Jun. 30, 2021	510,582	$ 2	260,516	(38,148)	281,070	7,142
Balance, beginning of period (in shares) at Mar. 31, 2021		19,878,713
Balance, beginning of period at Mar. 31, 2021	497,861	$ 2	259,940	(38,148)	269,789	6,278
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation, net of forfeitures	576		576
Net income	11,281				11,281
Other comprehensive income (loss)	864					864
Balance, end of period (in shares) at Jun. 30, 2021		19,878,713
Balance, ending of period at Jun. 30, 2021	510,582	$ 2	260,516	(38,148)	281,070	7,142
Balance, beginning of period (in shares) at Dec. 31, 2021		19,903,342
Balance, beginning of period at Dec. 31, 2021	524,038	$ 2	261,905	(38,148)	298,615	1,664
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Merger with Pioneer Bancshares, Inc. (issuance of treasury stock) (in shares)		4,910,412
Merger with Pioneer Bancshares, Inc. (issuance of treasury stock)	236,094		197,946	38,148
Issuance of common stock on restricted stock grants (in shares)		11,344
Issuance of common stock on restricted stock grants	67		67
Stock option exercise (in shares)		25,856
Stock option exercise	(208)		(208)
Share-based compensation, net of forfeitures	553		553
Net income	8,099				8,099
Other comprehensive income (loss)	(41,101)					(41,101)
Balance, end of period (in shares) at Jun. 30, 2022		24,850,954
Balance, ending of period at Jun. 30, 2022	727,542	$ 2	460,263	0	306,714	(39,437)
Balance, beginning of period (in shares) at Mar. 31, 2022		19,903,342
Balance, beginning of period at Mar. 31, 2022	515,541	$ 2	262,071	(38,148)	306,284	(14,668)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Merger with Pioneer Bancshares, Inc. (issuance of treasury stock) (in shares)		4,910,412
Merger with Pioneer Bancshares, Inc. (issuance of treasury stock)	236,094		197,946	38,148
Issuance of common stock on restricted stock grants (in shares)		11,344
Issuance of common stock on restricted stock grants	67		67
Stock option exercise (in shares)		25,856
Stock option exercise	(208)		(208)
Share-based compensation, net of forfeitures	387		387
Net income	430				430
Other comprehensive income (loss)	(24,769)					(24,769)
Balance, end of period (in shares) at Jun. 30, 2022		24,850,954
Balance, ending of period at Jun. 30, 2022	$ 727,542	$ 2	$ 460,263	$ 0	$ 306,714	$ (39,437)

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Issuance of treasury stock (in shares)	1,557,054	1,557,054

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 8,099	$ 25,619
Adjustments to reconcile income to net cash provided by operating activities:
Provision for (reversal of) loan losses	8,700	(1,750)
Depreciation	3,385	3,179
Deferred tax expense	0	(272)
Amortization of net premium on securities	1,226	1,818
Accretion of net discount on acquired loans	(1,104)	(849)
Amortization of deferred loan origination fees and costs	1,689	956
Amortization of core deposits and other intangible assets	1,262	708
Amortization of software implementation costs	437	601
Amortization of premium on acquired deposits	(396)	(34)
Accretion discount on subordinated debt	127	129
Amortization of issuance costs on subordinated debt	71	47
Accretion of discount on convertible notes payable	1,055	373
Accretion of discount on Federal Home Loan Bank advances	44	0
Increase in cash surrender value of bank-owned life insurance	(765)	(633)
Impairment of premises and equipment	720	23
Impairment of other real estate owned and foreclosed assets	21	93
Federal Home Loan Bank stock dividends	(136)	(219)
Share-based compensation expense	620	1,153
(Increase) decrease in fair value of mortgage servicing rights	(10,463)	1,530
Net loss on disposal of premises and equipment	84	44
Net gain on other real estate owned and foreclosed assets activity	(9)	(498)
Net gain on sales of loans held-for-sale	(9,990)	(37,291)
Origination of loans held-for-sale	(616,115)	(1,223,657)
Proceeds from sales of loans held-for-sale	663,522	1,304,682
Changes in operating assets and liabilities:
Accrued interest receivable	(1,595)	817
Prepaid expenses and other assets	(18,504)	(2,716)
Accrued interest payable	(45)	(1,346)
Accrued expenses and other liabilities	747	(19,983)
Deferred tax assets	669	0
Net cash provided by operating activities	33,356	52,524
Cash flows from investing activities:
Cash acquired in excess of cash paid in connection with Pioneer merger	444,541	0
Proceeds from maturities of held-to-maturity securities	2,359	10,080
Purchases of available-for-sale securities	(66,606)	(113,599)
Proceeds from sale or maturities of available-for-sale securities	136,952	72,122
Loan originations, net of repayments	(540,552)	47,695
Purchases of premises and equipment	(1,058)	(1,709)
Proceeds from the sale of premises and equipment	2	1,370
Proceeds from sales of other real estate owned and foreclosed assets	713	910
Purchases of restricted equity securities	(10,575)	(33)
Proceeds from the sale or redemption of restricted equity securities	8,432	5,612
Purchase of other investments	0	(36)
Proceeds from the sale or redemption of other investments	500	500
Net cash provided by (used in) investing activities	(25,292)	22,912
Cash flows from financing activities:
Net change in deposits	(113,611)	595,183
Net change in securities sold under agreements to repurchase	(21,255)	(1,586)
Repayments of Federal Home Loan Bank advances	(40,000)	(30,411)
Repayments of Convertible Debt	(15,217)	0
Proceeds from Subordinated debt	24,466	0
Proceeds from issuance of common stock, net of issuance costs	(208)	0
Net cash provided by (used in) financing activities	(165,825)	563,186
Net (decrease) increase in cash and cash equivalents	(157,761)	638,622
Cash and cash equivalents, beginning of period	668,462	201,978
Cash and cash equivalents, end of period	510,701	840,600
Supplemental disclosures of cash flow information:
Interest paid on deposits	3,670	4,869
Interest paid on borrowed funds	4,557	3,057
Cash paid for income taxes, net	10,276	4,930
Non-cash investing and financing activities:
Noncash or Part Noncash Acquisition, Value of Assets Acquired	1,085,506	0
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed	1,354,387	0
Net change in unrealized loss on available-for-sale securities	(55,860)	(2,619)
Loan charge-offs	2,112	3,176
Loans transferred to other real estate owned and foreclosed assets	291	1,164
Mortgage servicing rights resulting from sale or securitization of mortgage loans	$ 8,192	$ 13,230

Organization and Basis of Prese

Organization and Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Organization and Basis of Presentation	Organization and Basis of Presentation Nature of Operations - The consolidated financial statements include the accounts of FirstSun Capital Bancorp (“FirstSun” or “Parent Company” and its wholly-owned subsidiaries, Sunflower Bank, N.A. (the “Bank”) and Logia Portfolio Management, LLC, and have been prepared using U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial statements. All significant intercompany balances and transactions have been eliminated in consolidation. These entities are collectively referred to as “our”, “us”, “we”, or “the Company”. These consolidated financial statements in this Quarterly Report on Form 10-Q do not include all of the information and footnotes required by U.S. GAAP for a full year presentation and certain disclosures have been condensed or omitted in accordance with rules and regulations of the Securities and Exchange Commission (“SEC”). These interim financial statements are unaudited, and include, in our opinion, all adjustments necessary for a fair statement of the results for the periods indicated, which are not necessarily indicative of results which may be expected for the full year. These unaudited consolidated financial statements and notes should be read in conjunction with FirstSun’s audited consolidated financial statements and footnotes thereto for the year ended December 31, 2021 included in our Annual Report on Form 10-K filed with the SEC on March 25, 2022 (the “2021 Form 10-K”). Certain prior period amounts have been reclassified to conform to the current period presentation. Reclassifications had no effect on our net income or stockholders’ equity. Business Combination - On April 1, 2022, FirstSun completed its previously announced merger with Pioneer Bancshares, Inc. (“Pioneer”). Under the Merger Agreement, a wholly-owned subsidiary of FirstSun, FSCB Merger Subsidiary, Inc., merged with and into Pioneer, with Pioneer continuing as the surviving entity and becoming a wholly-owned subsidiary of FirstSun (the “merger”). Immediately after the effective time of the merger (the “Effective Time”), Pioneer was merged with and into FirstSun, with FirstSun continuing as the surviving entity (the “second step merger”). Immediately following the completion of the second step merger, Pioneer’s wholly-owned subsidiary, Pioneer Bank, SSB, a Texas state savings bank, was merged with and into the Bank, with the Bank continuing as the surviving bank. Pursuant to the terms of the Merger Agreement, at the Effective Time, each Pioneer shareholder had the right to receive 1.0443 shares of FirstSun common stock, for each share of Pioneer common stock owned by the shareholder, with cash paid in lieu of fractional shares. Each outstanding share of FirstSun common stock remained outstanding and was unaffected by the merger. Further information is presented in Note 2 - Merger with Pioneer Bancshares, Inc. Use of Estimates - The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. These estimates are based on historical experience and on various assumptions about the future that are believed to be reasonable based on all available information. Our reported financial position or results of operations may be materially different under changed conditions or when using different estimates and assumptions, particularly with respect to significant accounting policies. In the event that estimates or assumptions prove to differ from actual results, adjustments are made in subsequent periods to reflect more current information. Risks and Uncertainties - In the normal course of business, companies in the banking and mortgage industries encounter certain economic and regulatory risks. Economic risks include prepayment risk, market risk, interest rate risk, and credit risk. We are subject to interest rate risk to the extent that in a rising interest rate environment we may experience a decrease in loan production, as well as decreases in the value of mortgage loans held-for-sale and in commitments to originate loans, which may adversely impact our earnings. Credit risk is the risk of default that may result from the borrowers’ inability or unwillingness to make contractually required payments. We generally sell loans to investors without recourse; therefore, the investors have assumed the risk of loss or default by the borrower. However, we are usually required by these investors to make certain standard representations and warranties relating to credit information, loan documentation, and collateral. To the extent that we do not comply with such representations, or there are early payment defaults, we may be required to repurchase the loans or indemnify these investors for any losses from borrower defaults. In addition, if loans pay off within a specified time frame, we may be required to refund a portion of the sales proceeds to the investors. We established reserves for potential losses related to these representations and warranties which are recorded within accrued expenses and other liabilities. In assessing the adequacy of the reserves, we evaluate various factors including actual write-offs during the period, historical loss experience, known delinquent and other problem loans, and economic trends and conditions in the industry. Further information is presented in Note 17 - Commitments and Contingencies . Adoption of New Accounting Standards - As an “emerging growth company” under Section 107 of the JOBS Act, we can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. Therefore, we can delay the adoption of certain accounting standards until those standards would otherwise apply to non-public business entities. We intend to take advantage of the benefits of this extended transition period for an “emerging growth company” for as long as it is available to us. For standards that we have delayed adoption, we may lack comparability to other companies who have adopted such standards. Other than the adoption of ASU 2016-02, Leases (Topic 842), there have been no material developments with respect to newly issued standards from those disclosed in our 2021 Form 10-K. We have deferred adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) .

Merger with Pioneer Bancshares,

Merger with Pioneer Bancshares, Inc.	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Merger with Pioneer Bancshares, Inc.	Merger with Pioneer Bancshares, Inc. As described under the title “Business Combination” in Note 1 - Organization and Basis of Presentation, we completed our merger with Pioneer on April 1, 2022. We accounted for the Pioneer merger under the acquisition method in accordance with ASC Topic 805, Business Combinations . Accordingly, the purchase price was allocated to the fair value of the assets acquired, including identifiable intangible assets, and the liabilities assumed as of the closing date of the merger. Goodwill resulting from the difference between the fair value of the assets acquired and the fair value of the liabilities assumed is not amortizable for book or tax purposes. This goodwill resulted from the combination of expected operational synergies, the increase in our market share in Texas and other factors. Although the merger was nontaxable, the merger gave rise to certain temporary differences for which deferred taxes have been recognized. The results of operations for the Pioneer merger have been included in our consolidated financial results beginning on the April 1, 2022 closing date. Consideration Under the terms of the Merger Agreement, each outstanding share of Pioneer common stock was converted into 1.0443 shares of FirstSun common stock (except for shareholders who properly exercised their dissenters’ rights) with cash paid in lieu of fractional shares. Accordingly, we issued 6,467,466 shares of our common stock to Pioneer shareholders in the merger valued at $230,760 based on a third party valuation of our common stock in accordance with ASC Topic 820, Fair Value Measurements as of the closing date. We also converted Pioneer stock options into 431,645 options to purchase shares of FirstSun common stock. This conversion was valued at $5,334. We also paid cash to certain Pioneer shareholders of $4,736. Total aggregate consideration paid in the Pioneer merger was $240,830. Fair Value We recorded the estimated fair value of assets acquired and liabilities assumed based on initial valuations at April 1, 2022. The determination of estimated fair value required management to make assumptions related to discount rates, expected future cash flows, market conditions and other future events that are subjective in nature and may require adjustments. Accordingly, these fair value estimates are considered preliminary as of June 30, 2022, and are subject to adjustment during the specified measurement period that ends at the earlier of (i) 12 months from the closing date of the merger, or (ii) as soon as we receive the information we are seeking about the facts and circumstances that existed as of the merger date or learn that more information is not available. Estimated fair values of the assets acquired and liabilities assumed in this transaction are as follows: April 1, Cash and cash equivalents $ 449,278 Investment securities 157,859 Loans held-for-sale 2,923 Loans 811,300 Premises and equipment 39,935 Bank-owned life insurance 21,382 Restricted equity securities 9,320 Core deposits and other intangible assets 11,771 Accrued interest receivable 3,947 Deferred tax assets 19,752 Prepaid expenses and other assets 7,317 Total assets acquired 1,534,784 Deposits 1,192,081 Federal Home Loan Bank advances 159,924 Accrued interest payable 407 Accrued expenses and other liabilities 1,975 Total liabilities assumed 1,354,387 Fair value of net assets acquired 180,397 Purchase price 240,830 Goodwill $ 60,433 Acquired loans and purchased credit impaired loans Acquired loans were recorded at fair value based on a discounted cash flow valuation methodology that considered, among other things, projected default rates, loss given default rates and recovery rates. No allowance for loans losses was carried over from Pioneer. We identified certain acquired loans as purchased credit impaired (PCI). PCI loan identification considered payment history and past due status, debt service coverage, loan grading, collateral values and other factors that may be an indication of a deterioration of credit quality since origination. Although we identified certain acquired loans as PCI, the amount was determined to be insignificant. The following table discloses the fair value and contractual value of loans acquired from Pioneer on April 1, 2022. Acquired Loans Contractual Principal Balance Commercial $ 98,351 $ 98,752 Commercial real estate 509,173 516,341 Residential real estate 173,094 174,763 Consumer 30,682 31,982 Total fair value $ 811,300 $ 821,838

Securities

Securities	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The amortized cost, gross unrealized gains and losses, and fair values of available-for-sale and held-to-maturity debt securities by type follows as of: Amortized Gross Gross Estimated June 30, 2022 Available-for-sale: U.S. treasury $ 62,031 $ — $ (4,447) $ 57,584 U.S. agency 4,202 — (74) 4,128 Obligations of states and political subdivisions 29,894 — (3,507) 26,387 Mortgage backed - residential 138,747 16 (14,871) 123,892 Collateralized mortgage obligations 242,827 — (16,594) 226,233 Mortgage backed - commercial 137,943 — (12,723) 125,220 Other debt 16,765 — (1,458) 15,307 Total available-for-sale $ 632,409 $ 16 $ (53,674) $ 578,751 Held-to-maturity: Obligations of states and political subdivisions $ 24,962 $ — $ (3,158) $ 21,804 Mortgage backed - residential 9,398 8 (561) 8,845 Collateralized mortgage obligations 5,443 — (237) 5,206 Total held-to-maturity $ 39,803 $ 8 $ (3,956) $ 35,855 December 31, 2021 Available-for-sale: U.S. treasury $ 35,400 $ — $ (215) $ 35,185 U.S. agency 6,019 — (100) 5,919 Obligations of states and political subdivisions 3,979 — (190) 3,789 Mortgage backed - residential 138,297 2,018 (1,638) 138,677 Collateralized mortgage obligations 236,282 1,441 (1,939) 235,784 Mortgage backed - commercial 150,322 3,424 (599) 153,147 Total available-for-sale $ 570,299 $ 6,883 $ (4,681) $ 572,501 Held-to-maturity: Obligations of states and political subdivisions $ 716 $ 25 $ — $ 741 Mortgage backed - residential 10,750 390 — 11,140 Collateralized mortgage obligations 6,541 177 — 6,718 Total held-to-maturity $ 18,007 $ 592 $ — $ 18,599 As of June 30, 2022 and December 31, 2021, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders’ equity. Certain debt securities that have gross unrealized losses and have been in a continuous unrealized loss position for more than one year follows as of: Less than 12 months 12 months or longer Total Estimated Unrealized Estimated Unrealized Estimated Unrealized Number June 30, 2022 Available-for-sale: U.S. treasury $ 57,584 $ (4,447) $ — $ — $ 57,584 $ (4,447) 10 U.S. agency — — 4,128 (74) 4,128 (74) 7 Obligations of states and political subdivisions 25,847 (3,507) — — 25,847 (3,507) 18 Mortgage backed - residential 93,258 (8,660) 29,914 (6,211) 123,172 (14,871) 83 Collateralized mortgage obligations 226,159 (16,594) — — 226,159 (16,594) 66 Mortgage backed - commercial 110,225 (12,712) 14,995 (11) 125,220 (12,723) 23 Other debt 15,307 (1,458) — — 15,307 (1,458) 9 Total available-for-sale $ 528,380 $ (47,378) $ 49,037 $ (6,296) $ 577,417 $ (53,674) 216 Held-to-maturity: Obligations of states and political subdivisions $ 21,804 $ (3,158) $ — $ — $ 21,804 $ (3,158) 8 Mortgage backed - residential 8,603 (561) — — 8,603 (561) 10 Collateralized mortgage obligations 5,206 (237) — — 5,206 (237) 5 Total held-to-maturity $ 35,613 $ (3,956) $ — $ — $ 35,613 $ (3,956) 23 Less than 12 months 12 months or longer Total Estimated Unrealized Estimated Unrealized Estimated Unrealized Number December 31, 2021 Available-for-sale: U.S. treasury $ 35,185 $ (215) $ — $ — $ 35,185 $ (215) 4 U.S. agency — — 5,919 (100) 5,919 (100) 7 Obligations of states and political subdivisions 3,232 (190) — — 3,232 (190) 2 Mortgage backed - residential 51,616 (530) 25,246 (1,108) 76,862 (1,638) 17 Collateralized mortgage obligations 115,877 (1,938) 193 (1) 116,070 (1,939) 16 Mortgage backed - commercial 32,872 (581) 24,170 (18) 57,042 (599) 5 Total available-for-sale $ 238,782 $ (3,454) $ 55,528 $ (1,227) $ 294,310 $ (4,681) 51 There were no held-to-maturity securities in an unrealized loss position as of December 31, 2021. Estimated fair value is less than amortized cost primarily because of general economic conditions unrelated to the specific issuer. At June 30, 2022 and December 31, 2021, management does not believe these securities are other than temporarily impaired for the following reasons: there was no significant deterioration in the earnings performance, credit rating, asset quality, or business prospects of the issuer; there was no significant adverse change in the regulatory, economic, or technological environment of the issuer; and there was no significant adverse change in the general market condition of either the geographic area or the industry in which the issuer operates. Management has the ability and intends to hold these securities and it is likely that management will not be required to sell the securities prior to maturity or until such time as the full amount of investment principal will be returned. The amortized cost and fair value of our debt securities by contractual maturity as of June 30, 2022 are summarized in the following table. Maturities are based on the final contractual payment dates and do not reflect the impact of prepayments or earlier redemptions that may occur. Amortized Estimated Available-for-sale: Due within 1 year $ 45 $ 45 Due after 1 year through 5 years 46,782 45,592 Due after 5 years through 10 years 176,411 160,048 Due after 10 years 409,171 373,066 Total available-for-sale $ 632,409 $ 578,751 Held-to-maturity: Due after 1 year through 5 years $ 1,082 $ 1,046 Due after 5 years through 10 years 173 179 Due after 10 years 38,548 34,630 Total held-to-maturity $ 39,803 $ 35,855 Securities with a carrying value of $509,301 and $465,665 were pledged to secure public deposits, securities sold under agreements to repurchase and borrowed funds at June 30, 2022 and December 31, 2021, respectively. For the three and six months ended June 30, 2022, there were proceeds from the sale of securities of $81,016. No gain or loss was recognized for the three and six months ended June 30, 2022 as the securities sold were acquired at fair value on April 1, 2022 in the Pioneer merger and were sold on April 5, 2022. There were no proceeds from sales and calls of securities for the three and six months ended June 30, 2021.

Loans

Loans	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Loans	Loans Loans held-for-investment consist of the following as of: June 30, December 31, Commercial $ 2,679,774 $ 2,414,787 Commercial real estate 1,760,670 1,176,973 Residential real estate 919,567 437,116 Consumer 45,718 17,766 Total loans 5,405,729 4,046,642 Deferred costs, fees, premiums, and discounts, net (17,801) (9,519) Allowance for loan losses (56,077) (47,547) Total loans, net $ 5,331,851 $ 3,989,576 On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law. A provision in the CARES Act created the Paycheck Protection Program (PPP), a program administered by the Small Business Administration (“SBA”) to provide loans to small business during the COVID-19 pandemic. As of June 30, 2022 and December 31, 2021, we had $26,429 and $68,401 of PPP loans outstanding and deferred processing fees outstanding of $369 and $1,652, respectively. PPP loans are classified as Commercial loans in the consolidated financial statements. No allowance for loan losses has been recognized for PPP loans as such loans are guaranteed by the SBA. The following table presents the activity in the allowance for loan losses by portfolio type for the three months ended June 30,: Commercial Commercial Residential Consumer Total 2022 Allowance for loan losses: Balance, beginning of period $ 34,712 $ 14,223 $ 1,342 $ 232 $ 50,509 Provision for (reversal of) loan losses (324) 3,829 1,378 117 5,000 Loans charged off (947) — (98) (38) (1,083) Recoveries 1,546 1 97 7 1,651 Balance, end of period $ 34,987 $ 18,053 $ 2,719 $ 318 $ 56,077 2021 Allowance for loan losses: Balance, beginning of period $ 31,950 $ 13,367 $ 1,573 $ 324 $ 47,214 Provision for (reversal of) loan losses (933) (218) (284) 35 (1,400) Loans charged off (2,894) — — (19) (2,913) Recoveries 50 — 16 11 77 Balance, end of period $ 28,173 $ 13,149 $ 1,305 $ 351 $ 42,978 The following table presents the activity in the allowance for loan losses by portfolio type for the six months ended June 30,: Commercial Commercial Residential Consumer Total 2022 Allowance for loan losses: Balance, beginning of period $ 33,277 $ 12,899 $ 1,136 $ 235 $ 47,547 Provision for (reversal of) loan losses 1,937 5,153 1,486 124 8,700 Loans charged off (1,950) — (98) (64) (2,112) Recoveries 1,723 1 195 23 1,942 Balance, end of period $ 34,987 $ 18,053 $ 2,719 $ 318 $ 56,077 2021 Allowance for loan losses: Balance, beginning of period $ 32,009 $ 13,863 $ 1,606 $ 288 $ 47,766 Provision for (reversal of) loan losses (820) (723) (319) 112 (1,750) Loans charged off (3,102) — (2) (72) (3,176) Recoveries 86 9 20 23 138 Balance, end of period $ 28,173 $ 13,149 $ 1,305 $ 351 $ 42,978 We determine the allowance for loan losses estimate on at least a quarterly basis. The following table presents the balance in the allowance for loan losses and the recorded investment by portfolio type based on impairment method as of: Commercial Commercial Residential Consumer Total June 30, 2022 Loans: Individually evaluated for impairment $ 17,025 $ 5,212 $ 12,967 $ 72 $ 35,276 Collectively evaluated for impairment 2,662,749 1,755,458 906,600 45,646 5,370,453 Total loans $ 2,679,774 $ 1,760,670 $ 919,567 $ 45,718 $ 5,405,729 Allowance for loan losses: Individually evaluated for impairment $ 978 $ 168 $ 147 $ 69 $ 1,362 Collectively evaluated for impairment 34,009 17,885 2,572 249 54,715 Total allowance for loan losses $ 34,987 $ 18,053 $ 2,719 $ 318 $ 56,077 December 31, 2021 Loans: Individually evaluated for impairment $ 17,460 $ 4,781 $ 11,479 $ 2 $ 33,722 Collectively evaluated for impairment 2,397,327 1,172,192 425,637 17,764 4,012,920 Total loans $ 2,414,787 $ 1,176,973 $ 437,116 $ 17,766 $ 4,046,642 Allowance for loan losses: Individually evaluated for impairment $ 2,517 $ 12 $ 39 $ — $ 2,568 Collectively evaluated for impairment 30,760 12,887 1,097 235 44,979 Total allowance for loan losses $ 33,277 $ 12,899 $ 1,136 $ 235 $ 47,547 The following table presents information related to impaired loans by class of loans as of: Unpaid Recorded Allowance for Average June 30, 2022 With no related allowance recorded: Commercial $ 13,167 $ 12,706 $ — $ 9,115 Commercial real estate 4,865 4,531 — 3,104 Residential real estate 12,014 12,163 — 8,115 Consumer — — — — Total loans with no related allowance recorded 30,046 29,400 — 20,334 With an allowance recorded: Commercial 4,395 4,319 978 2,826 Commercial real estate 681 681 168 227 Residential real estate 790 804 147 490 Consumer 72 72 69 24 Total loans an allowance recorded 5,938 5,876 1,362 3,567 Total impaired loans $ 35,984 $ 35,276 $ 1,362 $ 23,901 December 31, 2021 With no related allowance recorded: Commercial $ 14,619 $ 13,982 $ — $ 10,637 Commercial real estate 4,795 4,706 — 3,943 Residential real estate 10,754 10,808 — 7,223 Consumer 3 2 — 3 Total loans with no related allowance recorded 30,171 29,498 — 21,806 With an allowance recorded: Commercial 3,666 3,478 2,517 2,375 Commercial real estate 124 75 12 57 Residential real estate 665 671 39 462 Total loans an allowance recorded 4,455 4,224 2,568 2,894 Total impaired loans $ 34,626 $ 33,722 $ 2,568 $ 24,700 Interest income recorded on impaired loans was not material for the three and six months ended June 30, 2022 and 2021. Credit risk monitoring and management is a continuous process to manage the quality of the loan portfolio. We segment loans into risk categories based on relevant information about the ability of borrowers to service their debt including current financial information, historical payment experience, credit documentation, public information and current economic trends among other factors. The risk rating system is used as a tool to analyze and monitor loan portfolio quality. Risk ratings meeting an internally specified exposure threshold are updated annually, or more frequently upon the occurrence of a circumstance that affects the credit risk of the loan. We use the following definitions for risk ratings: Substandard - loans are considered “classified” and have a well-defined weakness, or weaknesses, such as loans that are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans are also characterized by the distinct possibility of loss in the future if the deficiencies are not corrected. Doubtful - loans are considered “classified” and have all the weaknesses inherent in those classified as Substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. There were no loans categorized as doubtful as of June 30, 2022 and December 31, 2021. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass-rated loans. The following table presents the credit risk profile of our loan portfolio based on our rating categories as of: Non-Classified Classified Total June 30, 2022 Commercial $ 2,648,254 $ 31,520 $ 2,679,774 Commercial real estate 1,722,595 38,075 1,760,670 Residential real estate 912,102 7,465 919,567 Consumer 45,645 73 45,718 Total loans $ 5,328,596 $ 77,133 $ 5,405,729 December 31, 2021 Commercial $ 2,384,275 $ 30,512 $ 2,414,787 Commercial real estate 1,146,673 30,300 1,176,973 Residential real estate 431,033 6,083 437,116 Consumer 17,762 4 17,766 Total loans $ 3,979,743 $ 66,899 $ 4,046,642 The following table presents our loan portfolio aging analysis as of: Loans Loans Loans Loans Greater Nonaccrual Total June 30, 2022 Commercial $ 2,626,082 $ 16,493 $ 21,059 $ 71 $ 16,069 $ 2,679,774 Commercial 1,744,726 929 9,661 2,325 3,029 1,760,670 Residential 903,699 3,221 4,592 590 7,465 919,567 Consumer 45,588 43 15 — 72 45,718 Total loans $ 5,320,095 $ 20,686 $ 35,327 $ 2,986 $ 26,635 $ 5,405,729 December 31, 2021 Commercial $ 2,392,205 $ 5,467 $ 623 $ — $ 16,492 $ 2,414,787 Commercial 1,160,244 10,887 — 1,061 4,781 1,176,973 Residential 424,860 5,794 410 — 6,052 437,116 Consumer 17,719 45 — — 2 17,766 Total loans $ 3,995,028 $ 22,193 $ 1,033 $ 1,061 $ 27,327 $ 4,046,642 As of June 30, 2022 and December 31, 2021, we have a recorded investment in troubled debt restructurings (“TDRs”) of $21,692 and $21,699, respectively. We have no commitments to lend additional amounts on our TDRs at June 30, 2022. The modification of the terms of the loans performed for the three and six months ended June 30, 2022 and 2021, included rate modifications, extensions of the maturity dates or a permanent reduction of the recorded investment in the loans. There were $3,174 of loans modified as TDRs during both the three and six months ended June 30, 2022. The following table presents loans by class modified as TDRs that occurred during the six months ended June 30, 2022 and year ended December 31, 2021: Number Pre-Modification Post-Modification June 30, 2022 Commercial 2 $ 3,117 $ 3,102 Consumer 1 72 72 Total 3 $ 3,189 $ 3,174 December 31, 2021 Commercial 7 $ 6,969 $ 6,178 Commercial real estate 1 2,295 2,265 Residential real estate 4 1,386 1,435 Total 12 $ 10,650 $ 9,878 As of June 30, 2022 and December 31, 2021, the TDRs described above increased the allowance for loan losses by $898 and $2,326, respectively. There were no amounts charged-off during the three and six months ended June 30, 2022 and year ended December 31, 2021. For the year ended December 31, 2021, there were loans modified as TDRs totaling $106 for which there was a payment default following the modification. In order to assess whether a borrower is experiencing financial difficulty, an evaluation is performed to determine the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under our internal underwriting policy. A loan is generally considered to be in payment default once it is 30 days contractually past due under the modified terms. Acquired Loans and Loan Discounts : Included in the net loan portfolio as of June 30, 2022 and December 31, 2021 is a net accretable discount related to loans acquired within a business combination in the approximate amounts of $10,496 and $571, respectively. The discount is accreted into income on a level-yield basis over the life of the loans. Loans acquired with evidence of credit quality deterioration at acquisition, for which it was probable that we would not be able to collect all contractual amounts due, were accounted for as purchased credit impaired (“PCI”) loans. The outstanding balance represents the total amount owed, including accrued but unpaid interest, and any amounts previously charged off. The carrying amount of purchased credit impaired loans was not significant as of June 30, 2022 and December 31, 2021.

Mortgage Servicing Rights

Mortgage Servicing Rights	6 Months Ended
	Jun. 30, 2022
Transfers and Servicing [Abstract]
Mortgage Servicing Rights	Mortgage Servicing Rights We have investments in mortgage servicing rights (“MSRs”) that result from the sale of loans to the secondary market for which we retain the servicing. We account for these MSRs at their fair value. A primary risk associated with MSRs is the potential reduction in fair value as a result of higher than anticipated prepayments due to loan refinancing prompted, in part, by declining interest rates or government intervention. Conversely, these assets generally increase in value in a rising interest rate environment to the extent that prepayments are slower than anticipated. We utilize derivatives as economic hedges to offset changes in the fair value of the MSRs resulting from the actual or anticipated changes in prepayments stemming from changing interest rate environments. The unpaid principal loan balance of our servicing portfolio is presented in the following table as of: June 30, December 31, 2021 Federal National Mortgage Association $ 2,450,559 $ 2,352,981 Federal Home Loan Mortgage Corporation 1,606,175 1,512,858 Government National Mortgage Association 805,313 759,524 Federal Home Loan Bank 117,932 134,616 Other 1,661 1,853 Total $ 4,981,640 $ 4,761,832 The activity of MSRs carried at fair value is as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Balance, beginning of period $ 60,481 $ 39,342 $ 47,392 $ 29,144 Additions: Servicing resulting from transfers of financial assets 3,668 6,125 8,192 13,230 Changes in fair value: Due to changes in valuation inputs or assumptions used in the valuation model 4,049 (1,660) 14,872 4,261 Changes in fair value due to pay-offs, pay-downs, and runoff (2,151) (2,963) (4,409) (5,791) Balance, end of period $ 66,047 $ 40,844 $ 66,047 $ 40,844 The following represents the weighted-average key assumptions used to estimate the fair value of MSRs as of: June 30, December 31, June 30, Discount rate 9.42 % 9.22 % 9.21 % Total prepayment speeds 7.97 % 11.52 % 13.01 % Cost of servicing each loan $87/per loan $85/per loan $86/per loan Total servicing and ancillary fees earned from the mortgage servicing portfolio is presented in the following table: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Servicing fees $ 3,477 $ 2,946 $ 6,696 $ 5,752 Late and ancillary fees 52 99 141 199 Total $ 3,529 $ 3,045 $ 6,837 $ 5,951

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Banking Derivative Financial Instruments : We use fair value hedges to seek to manage our exposure to changes in the fair value of certain recognized assets attributable to changes in a benchmark interest rate, such as SOFR. The fair value hedges were determined to be effective during all periods presented and we expect the hedges to remain effective during their remaining terms. Derivatives not designated as hedges are not speculative and result from a service we provide to certain customers. We execute interest rate swaps with banking customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously offset by derivatives that we execute with a third party, such that we minimize our net risk exposure resulting from such transactions. As the interest rate derivatives associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer derivatives and the offsetting derivatives are recognized directly in earnings. Derivative instruments are measured at fair value and recorded as a component of prepaid expenses and other assets and accrued expenses and other liabilities. The components of our banking derivative financial instruments consisted of the following as of: Number of Expiration Outstanding Estimated June 30, 2022 Derivative financial instruments designated as hedging instruments: Assets: Interest Rate Products 32 2028-2036 $ 205,635 $ 8,735 Derivative financial instruments not designated as hedging instruments: Assets: Interest Rate Products 40 2024-2036 $ 256,884 $ 16,243 Liabilities: Interest Rate Products 40 2024-2036 $ 256,884 $ 15,941 December 31, 2021 Derivative financial instruments designated as hedging instruments: Assets: Interest Rate Products 1 2029 $ 20,190 $ 1,213 Liabilities: Interest Rate Products 12 2022-2029 $ 179,431 $ 7,107 Derivative financial instruments not designated as hedging instruments: Assets: Interest Rate Products 38 2024-2036 $ 232,849 $ 6,923 Liabilities: Interest Rate Products 38 2024-2036 $ 232,849 $ 7,366 We recorded gains and losses on banking derivative assets and liabilities as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Recorded gain (loss) on banking derivative assets $ 5,260 $ 517 $ 15,069 $ (234) Recorded (loss) gain on banking derivative liabilities $ (4,960) $ (886) $ (14,324) $ 589 For the three months ended June 30, 2022 and 2021, our banking derivative financial instruments not designated as hedging instruments generated fee income of $789 and $390, respectively. For the six months ended June 30, 2022 and 2021, our banking derivative financial instruments not designated as hedging instruments generated fee income of $802 and $834, respectively. The carrying amount of hedged loans receivable as of June 30, 2022 and December 31, 2021 was $152,084 and $205,235, respectively. The cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged loans receivable as of June 30, 2022 and December 31, 2021 was $(7,332) and $5,614, respectively. The carrying amount of hedged securities available-for-sale as of June 30, 2022 was $37,549. The cumulative amount of fair value hedging adjustment, net of tax included in other comprehensive income (loss) as of June 30, 2022 was $1,098. There were no hedged securities available-for-sale as of December 31, 2021. Credit-risk-related Contingent Features : We have agreements with each of our derivative counterparties that contain a provision where if we either default or are capable of being declared in default on any of our indebtedness, then we could also be declared in default on our derivative obligations. We also have agreements with our derivative counterparties that contain a provision where if we fail to maintain our status as a well-capitalized institution, then our derivative counterparties have the right but not the obligation to terminate existing swaps. As of June 30, 2022 and December 31, 2021, the fair value of derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements was $16,014 and $14,882, respectively. As of June 30, 2022 and December 31, 2021, we have minimum collateral posting thresholds with our derivative counterparties and have posted collateral of $7,290 and $14,970, respectively. If we had breached any of these provisions at June 30, 2022, we could have been required to settle our obligations under the agreements at their termination value of $16,014. Mortgage Banking Derivative Financial Instruments : The components of our mortgage banking derivative financial instruments consisted of the following as of: Expiration Outstanding Estimated June 30, 2022 Derivative financial instruments Assets: Forward MBS trades 2022 $ 212,800 $ 173 Interest rate lock commitments (IRLC) 2022 $ 123,124 $ 863 Liabilities: Forward MBS trades 2022 $ 49,800 $ 530 December 31, 2021 Derivative financial instruments Assets: Forward MBS trades 2022 $ 450,600 $ 1,329 Interest rate lock commitments (IRLC) 2022 $ 142,334 $ 1,350 Liabilities: Forward MBS trades 2022 $ 16,600 $ 52 We recorded gains and losses on mortgage banking derivative assets and liabilities as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Recorded (loss) gain on mortgage banking derivative assets $ (3,565) $ (7) $ 1,912 $ (9,477) Recorded (loss) gain on mortgage banking derivative liabilities $ (1,520) $ 110 $ (14,096) $ 2,527

Deposits

Deposits	6 Months Ended
	Jun. 30, 2022
Statistical Disclosure for Banks [Abstract]
Deposits	Deposits The composition of our deposits is as follows as of: June 30, December 31, Noninterest-bearing demand deposit accounts $ 1,942,078 $ 1,566,113 Interest-bearing deposit accounts: Interest-bearing demand accounts 165,287 187,712 Savings accounts and money market accounts 3,204,704 2,757,882 NOW accounts 50,126 19,496 Certificate of deposit accounts: Less than $100 217,361 147,386 $100 through $250 217,189 103,082 Greater than $250 136,277 73,277 Total interest-bearing deposit accounts 3,990,944 3,288,835 Total deposits $ 5,933,022 $ 4,854,948 The following table summarizes the interest expense incurred on our deposits: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Interest-bearing deposit accounts: Interest-bearing demand accounts $ 190 $ 114 $ 284 $ 211 Savings accounts and money market accounts 1,305 1,262 2,236 2,513 NOW accounts 39 172 69 286 Certificate of deposit accounts 638 801 1,157 1,743 Total interest-bearing deposit accounts $ 2,172 $ 2,349 $ 3,746 $ 4,753 The remaining maturity on certificate of deposit accounts is as follows as of: June 30, Remainder of 2022 $ 1,765 2023 286,619 2024 177,054 2025 58,434 2026 30,780 2027 11,406 Thereafter 4,769 Total certificate of deposit accounts $ 570,827

Securities Sold Under Agreement

Securities Sold Under Agreements to Repurchase	6 Months Ended
	Jun. 30, 2022
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned [Abstract]
Securities Sold Under Agreements to Repurchase	Securities Sold Under Agreements to Repurchase Information concerning securities sold under agreements to repurchase is as follows as of and for the periods ended: June 30, December 31, Amount outstanding at period-end $ 70,838 $ 92,093 Average daily balance during the period $ 63,795 $ 125,867 Average interest rate during the period 0.24 % 0.05 % Maximum month-end balance during the period $ 70,838 $ 160,865 Weighted average interest rate at period-end 0.39 % 0.05 % At June 30, 2022 and December 31, 2021, such agreements were secured by investment and mortgage-related securities with an approximate carrying amount of $77,155 and $108,714, respectively. Pledged securities are maintained by safekeeping agents at the direction of the Bank. Our agreements to repurchase generally mature daily, and are considered to be in an overnight and continuous position.

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt	Debt FHLB advances : The following is a breakdown of our FHLB advances and other borrowings outstanding as of: June 30, 2022 December 31, 2021 Amount Rate Weighted Amount Rate Weighted Variable rate line-of-credit advance $ — N/A N/A $ — N/A N/A Fixed rate term advances $ 159,968 1.19% - 1.90% 1.70% $ 40,000 0.91% - 2.59% 1.49% $ 159,968 $ 40,000 The advances were collateralized by $1,288,233 and $1,180,493 of loans pledged to the FHLB as collateral as of June 30, 2022 and December 31, 2021, respectively. A $20 million advance at an interest rate of 1.19% that was scheduled to mature in 2034 was called by the FHLB and repaid in July 2022. All of the remaining advances are callable by the FHLB and are due in 2033. As of June 30, 2022 and December 31, 2021, the Bank had total borrowing capacity with the FHLB that is based on qualified collateral lending values of $902,392 and $597,915, respectively. Our additional borrowing availability with the FHLB at June 30, 2022 was $764,969. These borrowings can be in the form of additional term advances or a line-of-credit. FRB advances : We also had a $6,942 line-of-credit with the FRB. The agreement bears interest at the Fed Funds target rate plus 0.50% and is secured by municipal, agency, mortgage-related and corporate securities. The entire line was available at June 30, 2022. Other borrowings : We have lines-of-credit with certain other financial institutions totaling $155,000 as of June 30, 2022. No amounts were drawn on these lines-of-credit in 2022. Convertible Notes Payable : As of June 30, 2022 and December 31, 2021, we have issued a total of $5,456 and $20,673, respectively, of convertible notes with a maturity date of August 31, 2023. The annual interest rate on these convertible notes is 3.29% with quarterly interest payments. With respect to conversion, each $1 (in thousands) principal amount of the convertible notes can be converted to 15.6717 shares of Parent Company common stock at any time until maturity. The convertible notes were originally recorded with a discount of $4,682. As of and for the periods ended June 30, 2022 and December 31, 2021, the debt discount on the convertible notes was $177 and $1,231, respectively. The related accretion for the three months ended June 30, 2022 and 2021 was $529 and $186, respectively. The related accretion for the six months ended June 30, 2022 and 2021 was $1,055 and $373, respectively. During the second quarter of 2022, we paid off $8,468 of the convertible notes at par. In conjunction with the pay-off of these convertible notes, we recognized the remaining debt discount associated with these convertible notes. Subordinated Debt : Subordinated Notes - 2020 : In June and August 2020, we issued a total of $40,000 subordinated notes. The notes pay interest at a fixed rate of 6.00% through June 30, 2025 and subsequently, until maturity, pay interest at a floating rate of three month term SOFR plus 5.89% reset quarterly. Interest is payable on July 1 and January 1 of each year. Such notes are due on July 1, 2030. The notes are not redeemable within the first five years of issuance, except under certain very limited conditions. After five years, we may redeem the notes at our discretion. We incurred and capitalized $933 of costs related to the issuance of the subordinated notes. The amortization associated with the capitalized issuance costs is not significant for the periods presented. Subordinated Note - 2022 : On January 13, 2022, we issued a subordinated note totaling $25,000. The note pays interest at a fixed rate of 3.375% through January 15, 2027 and subsequently, until maturity, pays interest at a floating rate of three month term SOFR plus 2.03% reset quarterly. Interest is payable on July 15 and January 15 of each year. Such note is due on January 15, 2032. The note is not redeemable within the first five years of issuance, except under certain very limited conditions. After five years, we may redeem the note at our discretion. We incurred and capitalized $534 of costs related to the issuance of the subordinated note in the first quarter of 2022. The amortization associated with the capitalized issuance costs is not significant for the periods presented. Trust preferred securities : We have issued $9,279 in trust preferred securities through a special-purpose trust, New Mexico Banquest Capital Trust I (“NMBCT I”). In addition, we have issued $4,640 in trust preferred securities through a special purpose trust, New Mexico Banquest Capital Trust II (“NMBCT II”, and together with NMBCT I, collectively referred to as “NMBCT Trusts”). Interest is payable quarterly at a rate of three-month LIBOR plus 3.35% (4.35% and 3.54% as of June 30, 2022 and 2021, respectively) for the trust preferred securities issued through NMBCT I and at a rate of three-month LIBOR plus 2.00% (3.50% and 2.19% as of June 30, 2022 and 2021, respectively) for the trust preferred securities issued through NMBCT II. This subordinated debt of $13,919 was originally recorded at a discount of $4,293. The accretion associated with the fair value discount is not significant for the periods presented. The Parent Company fully and unconditionally guarantees the obligations of the NMBCT Trusts on a subordinated basis. The trust preferred securities issued through the NMBCT Trusts are mandatorily redeemable upon the maturity of the debentures on December 19, 2032 and November 23, 2034, respectively, and are optionally redeemable, in part or in whole, by the Parent Company at each quarterly interest payment date. The Parent Company owns all of the outstanding common securities of the NMBCT Trusts, which have an aggregate liquidation valuation amount of $419 and is recorded in prepaid expenses and other assets on the consolidated balance sheet. The NMBCT Trusts are considered variable interest entities. Since the Parent Company is not the primary beneficiary of the NMBCT Trusts, the financial statements of the NMBCT Trusts are not included in our consolidated financial statements.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share, excluding dilution, is computed by dividing earnings available to common stockholders’ by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised and converted into common stock or resulted in the issuance of common stock that could then share in our earnings. The following table sets forth the computation of basic and diluted earnings per share of common stock: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Net income applicable to common stockholders $ 430 $ 11,281 $ 8,099 $ 25,619 Weighted Average Shares Weighted average common shares outstanding 24,760,282 18,321,659 21,570,924 18,321,659 Effect of dilutive securities Stock-based awards 698,029 439,375 624,890 401,169 Weighted average diluted common shares 25,458,311 18,761,034 22,195,814 18,722,828 Earnings per common share Basic earnings per common share $ 0.02 $ 0.62 $ 0.38 $ 1.40 Effect of dilutive securities Stock-based awards — (0.02) (0.02) (0.03) Diluted earnings per common share $ 0.02 $ 0.60 $ 0.36 $ 1.37

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2022
AOCI Attributable to Parent [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The following table sets forth the components in accumulated other comprehensive income (loss): For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Securities available-for-sale: Balance, beginning of period $ (14,668) $ 6,278 $ 1,664 $ 9,119 Unrealized gain (loss) (34,242) 1,143 (55,860) (2,619) Income tax effect 8,375 (279) 13,661 642 Net unrealized gain (loss) (25,867) 864 (42,199) (1,977) Balance, end of period $ (40,535) $ 7,142 $ (40,535) $ 7,142 Fair value hedges of securities available-for-sale: Balance, beginning of period $ — $ — $ — $ — Unrealized gain (loss) 1,390 — 1,390 — Income tax effect (292) — (292) — Net unrealized gain (loss) 1,098 — 1,098 — Balance, end of period $ 1,098 $ — $ 1,098 $ —

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stockholders' Equity	Stockholders’ Equity Equity Incentive Plans : We have established the FirstSun Capital Bancorp 2017 Equity Incentive Plan (the “2017 Plan”). The 2017 Plan provides for the grant of stock options, stock appreciation rights, restricted stock and other stock awards to its employees, directors and consultants for up to 1,977,292 shares of FirstSun common stock in the aggregate. On October 18, 2021 we established the FirstSun Capital Bancorp 2021 Equity Incentive Plan (the “2021 Plan”). The 2021 Plan provides for the grant of stock options, stock appreciation rights, restricted stock and other stock awards to its employees, directors and consultants for up to 2,476,571 shares of FirstSun common stock in the aggregate. Additionally, we established the FirstSun Capital Bancorp Long-Term Incentive Plan (“LTIP”), which became effective April 1, 2022. The LTIP is intended to qualify as a “top-hat” plan under ERISA that is unfunded and provides benefits only to a select group of management or highly compensated employees of FirstSun or the Bank. The equity component of awards under the LTIP are issued from the 2021 Plan. The following table presents stock options outstanding under the 2017 Plan at June 30, 2022. There were no grants, exercises or forfeitures during the six months ended June 30, 2022: Shares Weighted-Average Exercise Price, per Share Weighted-Average Remaining Contractual Term (years) June 30, 2022 Outstanding, end of period 1,412,900 $ 20.19 5.72 Options vested or expected to vest 1,412,900 $ 20.19 Options exercisable, end of period 1,296,017 $ 20.00 5.53 At June 30, 2022, there was $856 of total unrecognized compensation cost related to non-vested stock options granted under the 2017 Plan. The unrecognized compensation cost at June 30, 2022 is expected to be recognized over the following three years. At June 30, 2022 and December 31, 2021, the intrinsic value of the stock options was $19,243 and $18,042, respectively. In May 2022, we issued 11,344 shares of restricted stock from the 2021 Plan that will fully vest in May 2023. At June 30, 2022, there was $337 of total unrecognized compensation cost related to the non-vested restrict stock. In May 2022, we issued performance-based restricted stock under the LTIP that, subject to the achievement of performance conditions, will fully vest in April 2025. At June 30, 2022, we determined it is probable that 83,731 shares will be issued based upon the probability that the performance conditions will be achieved. At June 30, 2022, there was $2,739 of total unrecognized compensation cost related to the non-vested restricted stock granted under the 2021 Plan. For the three months ended June 30, 2022 and 2021, we recorded total compensation cost from the 2017 and 2021 Plans of $454 and $576, respectively. For the six months ended June 30, 2022 and 2021, we recorded total compensation cost from the 2017 and 2021 Plans of $620 and $1,153, respectively. In conjunction with the Pioneer merger, we assumed certain options that had been granted under Pioneer’s option plans. All assumed options were fully vested and exercisable. No further options will be granted under the Pioneer plans. The following table presents options assumed in the Pioneer merger and the activity from merger date through June 30, 2022: Shares Weighted-Average Exercise Price, per Share Weighted-Average Remaining Contractual Term (years) June 30, 2022 Outstanding, beginning of period — $ — Options assumed from Pioneer Bancshares, Inc. 431,645 23.32 Exercised (101,171) 22.80 Outstanding, end of period 330,474 $ 23.45 5.67 Options vested or expected to vest 330,474 $ 23.45 Options exercisable, end of period 330,474 $ 23.45 5.67 At June 30, 2022, the intrinsic value of the stock options was $3,422.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes in interim periods requires us to make a best estimate of the effective tax rate expected to be applicable for the full year, adjusted for any discrete items for the applicable period. This estimated effective tax rate is then applied to interim consolidated pre-tax operating income to determine the interim provision for income taxes. The provision for income tax is summarized as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Provision for (benefit from) income taxes $ (211) $ 2,178 $ 931 $ 5,308 Effective tax provision rate (96.3) % 16.2 % 10.3 % 17.2 % We do not believe that we have any material uncertain tax positions, and do not expect any material changes during the next twelve months.

Regulatory Capital Matters

Regulatory Capital Matters	6 Months Ended
	Jun. 30, 2022
Regulatory Capital Requirements under Banking Regulations [Abstract]
Regulatory Capital Matters	Regulatory Capital Matters Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. Under the Basel III rules, the Parent Company and the Bank must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios. The fully phased in capital conservation buffer is 2.50% for all periods presented. The net unrealized gain or loss on available for sale securities is not included in computing regulatory capital. As of June 30, 2022, both the Parent Company and the Bank met all capital adequacy requirements to which they were subject. Prompt corrective action regulations provide five classifications: well-capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. As of June 30, 2022 and December 31, 2021, the most recent regulatory notifications categorized the Bank as well-capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank’s category. Actual and required capital amounts for the Parent Company are as follows as of: Actual For Capital To be Well- Amount Ratio Amount Ratio Amount Ratio June 30, 2022 Total risk-based capital to risk-weighted assets: $ 758,779 11.60 % $ 523,368 8.00 % N/A N/A Tier 1 risk-based capital to risk-weighted assets: $ 627,109 9.59 % $ 392,526 6.00 % N/A N/A Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 627,109 9.59 % $ 294,394 4.50 % N/A N/A Tier 1 leverage capital to average assets: $ 627,109 8.89 % $ 282,221 4.00 % N/A N/A December 31, 2021 Total risk-based capital to risk-weighted assets: $ 563,112 11.76 % $ 383,213 8.00 % N/A N/A Tier 1 risk-based capital to risk-weighted assets: $ 464,761 9.70 % $ 287,410 6.00 % N/A N/A Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 464,761 9.70 % $ 215,557 4.50 % N/A N/A Tier 1 leverage capital to average assets: $ 464,761 8.24 % $ 225,736 4.00 % N/A N/A Actual and required capital amounts for the Bank are as follows as of: Actual For Capital To be Well- Amount Ratio Amount Ratio Amount Ratio June 30, 2022 Total risk-based capital to risk-weighted assets: $ 750,485 11.50 % $ 522,085 8.00 % $ 652,606 10.00 % Tier 1 risk-based capital to risk-weighted assets: $ 693,495 10.63 % $ 391,564 6.00 % $ 522,085 8.00 % Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 693,495 10.63 % $ 293,673 4.50 % $ 424,194 6.50 % Tier 1 leverage capital to average assets: $ 693,495 9.83 % $ 282,192 4.00 % $ 352,740 5.00 % December 31, 2021 Total risk-based capital to risk-weighted assets: $ 571,463 11.96 % $ 382,106 8.00 % $ 477,633 10.00 % Tier 1 risk-based capital to risk-weighted assets: $ 523,128 10.95 % $ 286,580 6.00 % $ 382,106 8.00 % Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 523,128 10.95 % $ 214,935 4.50 % $ 310,462 6.50 % Tier 1 leverage capital to average assets: $ 523,128 9.27 % $ 225,650 4.00 % $ 282,062 5.00 %

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We utilize fair value measurements to record or disclose the fair value on certain assets and liabilities. Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The determination of fair values of financial instruments often requires the use of estimates. In cases where quoted market values in an active market are not available, we use present value techniques and other valuation methods to estimate the fair values of our financial instruments. These valuation models rely on market-based parameters when available, such as interest rate yield curves or credit spreads. Unobservable inputs may be based on management’s judgement assumptions and estimates related to credit quality, our future earnings, interest rates and other relevant inputs. These valuation methods require considerable judgement and the resulting estimates of fair value can be significantly affected by the assumptions made and the methods used. ASC Topic 820 establishes a three-level valuation hierarchy for disclosure of fair value measurements. The hierarchy is based on the transparency of the inputs used in the valuation process with the highest priority given to quoted prices available in active markets and the lowest priority to unobservable inputs where no active market exists. The three levels of inputs that may be used to measure fair value are as follows: Level 1 : Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 : Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatilities, prepayment speeds, credit risks, etc.) or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 : Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity’s own beliefs about the assumptions that market participants would use in pricing the assets or liabilities. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input within the valuation hierarchy that is significant to the overall fair value measurement. Transfers between levels of the fair value hierarchy are recognized at the end of the reporting period. The following table sets forth our assets and liabilities measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Quoted prices Significant Significant Total As of June 30, 2022 Available-for-sale securities $ 57,584 $ 521,167 $ — $ 578,751 Loans held-for-sale — 61,253 — 61,253 Mortgage servicing rights — — 66,047 66,047 Derivative financial instruments - assets — 26,014 — 26,014 Derivative financial instruments - liabilities — (16,471) — (16,471) Total $ 57,584 $ 591,963 $ 66,047 $ 715,594 As of December 31, 2021 Available-for-sale securities $ 35,185 $ 537,316 $ — $ 572,501 Loans held-for-sale — 103,939 — 103,939 Mortgage servicing rights — — 47,392 47,392 Derivative financial instruments - assets — 10,815 — 10,815 Derivative financial instruments - liabilities — (14,525) — (14,525) Total $ 35,185 $ 637,545 $ 47,392 $ 720,122 For further details on our level 3 inputs related to MSRs, see Note 5 - Mortgage Servicing Rights . The following table presents a reconciliation for our Level 3 assets measured at fair value on a recurring basis: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Balance, beginning of period $ 60,481 $ 39,342 $ 47,392 $ 29,144 Total gains (losses) included in earnings 1,898 (4,623) 10,463 (1,530) Purchases, issuances, sales and settlements: Issuances 3,668 6,125 8,192 13,230 Balance, end of period $ 66,047 $ 40,844 $ 66,047 $ 40,844 Certain financial assets and financial liabilities are regularly measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following table sets forth our assets and liabilities that were measured at fair value on a non-recurring basis as of: Level 3 June 30, December 31, Impaired loans: Commercial $ 3,341 $ 961 Commercial real estate 513 63 Residential real estate 657 632 Consumer 3 — Total impaired loans $ 4,514 $ 1,656 Other real estate owned and foreclosed assets, net: Commercial real estate $ 5,391 $ 5,067 Residential real estate — 420 Total other real estate owned and foreclosed assets, net: $ 5,391 $ 5,487 The fair value of the financial assets in the table above utilize the market approach valuation technique, with discount adjustments for differences between comparable sales. Fair value of financial instruments not carried at fair value: The carrying amounts and estimated fair values of financial instruments not carried at fair value are as follows as of: Estimated Fair Value Carrying Total Level 1 Level 2 Level 3 June 30, 2022 Assets: Cash and cash equivalents $ 510,701 $ 510,701 $ 510,701 $ — $ — Securities held-to-maturity 39,803 35,855 — 35,855 — Loans (excluding impaired loans) 5,352,818 5,271,345 — — 5,271,345 Restricted equity securities 27,839 27,839 — 27,839 — Accrued interest receivable 20,304 20,304 — 1,877 18,427 Liabilities: Deposits (excluding demand deposits) $ 3,825,657 $ 3,815,454 $ — $ 3,815,454 $ — Securities sold under agreements to repurchase 70,838 70,838 — 70,838 — FHLB advances 159,968 160,823 — 160,823 — Convertible notes payable, net 5,279 6,944 — 6,944 — Subordinated debt, net 74,680 78,193 — 78,193 — Accrued interest payable 2,731 2,731 — 2,731 — December 31, 2021 Assets: Cash and cash equivalents $ 668,462 $ 668,462 $ 668,462 $ — $ — Securities held-to-maturity 18,007 18,599 — 18,599 — Loans (excluding impaired loans) 4,003,712 3,949,719 — — 3,949,719 Restricted equity securities 16,239 16,239 — 16,239 — Accrued interest receivable 14,761 14,761 — 1,131 13,630 Liabilities: Deposits (excluding demand deposits) $ 3,101,123 $ 3,106,464 $ — $ 3,106,464 $ — Securities sold under agreements to repurchase 92,093 92,093 — 92,093 — FHLB advances 40,000 41,514 — 41,514 — Convertible notes payable, net 19,442 21,564 — 21,564 — Subordinated debt, net 50,016 52,264 — 52,264 — Accrued interest payable 2,369 2,369 — 2,369 —

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information	Segment InformationOur operations are conducted through two operating segments: Banking and Mortgage Operations. Corporate represents costs not allocated to the operating segments. Operating segments are defined as components of an enterprise that engage in business activity from which revenues are earned and expenses are incurred for which discrete financial information is available that is evaluated regularly by executive management in deciding how to allocate resources and in assessing performance. Operating segments have been determined based on the products and services offered and reflect the manner in which financial information is currently evaluated by management. Each segment operates under the same banking charter, but is reported on a segmented basis for this report. Each of the operating segments is complementary to each other and because of the interrelationship of the segments, the information presented is not indicative of how the segments would perform if they operated as independent entities. The Banking segment originates loans and provides deposits and fee based services to consumer, business, and mortgage lending customers. Products offered include a full range of commercial and consumer banking and financial services. The interest income on loans held-for-investment is recognized in the Banking segment, excluding newly originated residential first mortgages within the Mortgage Operations segment. The Mortgage Operations segment originates, sells, services, and manages market risk from changes in interest rates on one-to-four family residential mortgage loans to sell or hold on our balance sheet. Loans originated-to-sell comprise the majority of the lending activity. The Mortgage Operations segment recognizes interest income on loans that are held-for-sale and newly originated residential mortgages held-for-investment, the gains from one to four family residential mortgage sales, and revenue for servicing loans and other ancillary fees following a sales transaction. Revenue from servicing activities is earned on a contractual fee basis. The Mortgage Operations segment services loans for the held-for-investment portfolio, for which it earns revenue via an intercompany service fee allocation which appears as a cost to Banking in mortgage fees. Forward traded loan purchases and sales settlements as well as mortgage servicing rights and related fair value adjustments are reported in this segment. Corporate represents miscellaneous other expenses of a corporate nature as well as revenue and expenses not directly assigned or allocated to the Banking or Mortgage Operations segments. The majority of executive management’s time is spent managing operating segments; related costs have been allocated between the operating segments and Corporate. Revenues are comprised of net interest income before the provision (benefit) for loan losses and noninterest income. Noninterest expenses are allocated to each operating segment. Provision for loan losses is primarily allocated to the Banking segment. Allocation methodologies may be subject to periodic adjustment as management systems evolve and/or the business or product lines within the segments change. Significant segment totals are reconciled to the financial statements as follows for the three months ended June 30, Banking Mortgage Operations Corporate Total Segments 2022 Summary of Operations Net interest income $ 58,164 $ 2,060 $ (1,639) $ 58,585 Provision for loan losses 3,823 1,177 — 5,000 Noninterest income: Service charges on deposit accounts 4,379 — — 4,379 Credit and debit card fees 2,990 — — 2,990 Trust and investment advisory fees 1,909 — — 1,909 Income from mortgage banking services, net (291) 11,962 — 11,671 Other noninterest income 1,354 (1) — 1,353 Total noninterest income 10,341 11,961 — 22,302 Noninterest expense: Salary and employee benefits 23,951 10,518 779 35,248 Occupancy and equipment 6,891 861 1 7,753 Other noninterest expenses 27,171 3,953 1,543 32,667 Total noninterest expense 58,013 15,332 2,323 75,668 Income (loss) before income taxes $ 6,669 $ (2,488) $ (3,962) $ 219 Other Information Depreciation expense $ 1,861 $ 110 $ — $ 1,971 Identifiable assets $ 6,361,838 $ 661,307 $ 37,547 $ 7,060,692 Banking Mortgage Operations Corporate Total Segments 2021 Summary of Operations Net interest income $ 35,511 $ 2,024 $ (1,135) $ 36,400 Provision for (reversal of) loan losses (1,331) (69) — (1,400) Noninterest income: Service charges on deposit accounts 2,645 — — 2,645 Credit and debit card fees 2,544 — — 2,544 Trust and investment advisory fees 1,992 — — 1,992 Income from mortgage banking services, net (671) 23,607 — 22,936 Other noninterest income 2,167 (1) — 2,166 Total noninterest income 8,677 23,606 — 32,283 Noninterest expense: Salary and employee benefits 24,335 13,799 315 38,449 Occupancy 5,775 751 1 6,527 Other noninterest expenses 7,188 3,145 1,315 11,648 Total noninterest expense 37,298 17,695 1,631 56,624 Income (loss) before income taxes $ 8,221 $ 8,004 $ (2,766) $ 13,459 Other Information Depreciation expense $ 1,413 $ 177 $ — $ 1,590 Identifiable assets $ 4,950,341 $ 577,798 $ 34,937 $ 5,563,076 Significant segment totals are reconciled to the financial statements as follows for the six months ended June 30,: Banking Mortgage Operations Corporate Total Segments 2022 Summary of Operations Net interest income $ 99,447 $ 3,701 $ (3,278) $ 99,870 Provision for loan losses 6,630 2,070 — 8,700 Noninterest income: Service charges on deposit accounts 8,304 — — 8,304 Credit and debit card fees 5,405 — — 5,405 Trust and investment advisory fees 3,856 — — 3,856 Income from mortgage banking services, net (1,271) 27,503 — 26,232 Other noninterest income 2,207 (9) — 2,198 Total noninterest income 18,501 27,494 — 45,995 Noninterest expense: Salary and employee benefits 46,670 21,932 871 69,473 Occupancy and equipment 12,747 1,838 1 14,586 Other noninterest expenses 35,057 7,125 1,894 44,076 Total noninterest expense 94,474 30,895 2,766 128,135 Income (loss) before income taxes $ 16,844 $ (1,770) $ (6,044) $ 9,030 Other Information Depreciation expense $ 3,172 $ 213 $ — $ 3,385 Identifiable assets $ 6,361,838 $ 661,307 $ 37,547 $ 7,060,692 Banking Mortgage Operations Corporate Total Segments 2021 Summary of Operations Net interest income $ 73,220 $ 3,864 $ (2,267) $ 74,817 Provision for (reversal of) loan losses (1,419) (331) — (1,750) Noninterest income: Service charges on deposit accounts 5,188 — — 5,188 Credit and debit card fees 4,668 — — 4,668 Trust and investment advisory fees 3,897 — — 3,897 Income from mortgage banking services, net (1,110) 49,103 — 47,993 Other noninterest income 4,425 (7) — 4,418 Total noninterest income 17,068 49,096 — 66,164 Noninterest expense: Salary and employee benefits 47,507 29,072 489 77,068 Occupancy 11,681 1,542 1 13,224 Other noninterest expenses 13,711 6,322 1,479 21,512 Total noninterest expense 72,899 36,936 1,969 111,804 Income (loss) before income taxes $ 18,808 $ 16,355 $ (4,236) $ 30,927 Other Information Depreciation expense $ 2,912 $ 267 $ — $ 3,179 Identifiable assets $ 4,950,341 $ 577,798 $ 34,937 $ 5,563,076

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments : We are a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of our customers. These financial instruments include loan commitments, standby letters of credit, and documentary letters of credit and involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the financial statements. Our exposure to credit loss in the event of nonperformance by the other party of these loan commitments and standby letters of credit is represented by the contractual amount of those instruments. We use the same credit policies in making commitments and conditional obligations as we do for on-balance sheet financial instruments. Operating leases : We lease certain facilities and equipment under non-cancelable operating leases. Operating lease amounts exclude renewal option periods, property taxes, insurance, and maintenance expenses on leased properties. Our facility leases typically provide for rental adjustments for increases in base rent (up to specific limits), property taxes, insurance, and general property maintenance that would be recorded in rent expense. Rent expense was $2,006 and $1,612 for the three months ended June 30, 2022 and 2021, respectively. Rent expense was $3,776 and $3,314 for the six months ended June 30, 2022 and 2021, respectively. Undistributed portion of committed loans and unused lines of credit : Loan commitments are agreements to lend to a customer as long as there is no customer violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require a payment of a fee. As of June 30, 2022 and December 31, 2021, commitments included the funding of fixed-rate loans totaling $217,969 and $144,701 and variable-rate loans totaling $2,090,854 and $987,584, respectively. The fixed-rate loan commitments have interest rates ranging from 2.19% to 18.00% at June 30, 2022 and 0.85% to 18.00% at December 31, 2021, and maturities ranging from 1 month to 11 years at June 30, 2022 and from 1 month to 26 years at December 31, 2021. Standby letters of credit : Standby letters of credit are conditional commitments to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Since many of the loan commitments and letters of credit expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. We evaluate each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary upon extension of credit, is based on our credit evaluation of the counterparty. Collateral held varies but may include accounts receivable, inventory, property, plant and equipment, owner-occupied real estate, and/or income-producing commercial properties. As of June 30, 2022 and December 31, 2021, our standby letters of credit commitment totaled $16,223 and $11,729, respectively. MPF Master Commitments : The Bank has previously executed MPF Master Commitments (Commitments) with the FHLB to deliver mortgage loans and to guarantee the payment of any realized losses that exceed the FHLB’s first loss account for mortgages delivered under the Commitments. The Bank receives credit enhancement fees from the FHLB for providing this guarantee and continuing to manage the credit risk of the MPF Program mortgage loans. These commitments expired on December 31, 2021, and no mortgage loans were delivered to the FHLB for the period ended June 30, 2022. We entered into a new agreement in the third quarter of 2022. As of June 30, 2022 and December 31, 2021, the Bank considered the amount of any of its liability for the present value of the credit enhancement fees less any expected losses in the mortgages delivered under the Commitments to be immaterial, and had not recorded a liability and offsetting receivable. As of June 30, 2022 and December 31, 2021, the maximum potential amount of future payments that the Bank would have been required to make under the Commitments was $12,880 and $12,870, respectively. Under the Commitments, the Bank agrees to service the loans and therefore, is responsible for any necessary foreclosure proceedings. Any future recoveries on any losses would not be paid by the FHLB under the Commitments. The Bank has not experienced any material losses under these guarantees. Contingencies : We generally sell loans to investors without recourse; therefore, the investors have assumed the risk of loss or default by the borrower. However, we are usually required by these investors to make certain standard representations and warranties relating to credit information, loan documentation, and collateral. To the extent that we do not comply with such representations, we may be required to repurchase the loans or indemnify these investors for any losses from borrower defaults. We establish reserves for potential losses related to these representations and warranties if deemed appropriate and such reserves would be recorded within accrued expenses and other liabilities. In assessing the adequacy of the reserve, we evaluate various factors including actual write-offs during the period, historical loss experience, known delinquent and other problem loans, and economic trends and conditions in the industry. From time to time, we are a defendant in various claims, legal actions, and complaints arising in the ordinary course of business. We periodically review all outstanding pending or threatened legal proceedings and determine if such matters will have an adverse effect on our business, financial condition, results of operations or cash flows. Trust Administration Litigation: On May 18, 2021, the two remainder beneficiaries of the Dorothy S. Harroun Irrevocable Trust (“Trust”), Dennis Harroun and Douglas Harroun (the “Remainder Beneficiaries”), filed a claim in the Santa Fe County, New Mexico District Court, against the Bank as trustee of the Trust, in the form of a counterclaim related to a petition for guidance and approval of trust distributions filed by the Bank on March 24, 2021 in the same court. On July 29, 2022, the Court approved a global settlement agreement between the Bank, Remainder Beneficiaries, and the Trust’s current beneficiary, Dorothy Harroun, whereby the Bank resigned as trustee of the Trust, and all claims against the Bank were released and dismissed. Overdraft Fee Litigation : On September 10, 2021, Karen McCollam filed a putative class action amended complaint against the Bank in the United States District Court for the District of Colorado. The amended complaint alleged that the Bank improperly charged overdraft fees where a transaction was initially authorized on sufficient funds but later settled negative due to intervening transactions. The complaint asserted a claim for breach of contract, which incorporated the implied duty of good faith and fair dealing, and a claim for violations of the Colorado Consumer Protection Act. Plaintiff sought to represent a proposed class of all the Bank’s checking account customers who were allegedly charged overdraft fees on transactions that did not overdraw their checking account. Plaintiff sought unspecified restitution, actual and statutory damages, costs, attorneys’ fees, pre-judgment interest, and other relief as the Court deemed proper for herself and the putative class. On September 24, 2021, the Bank filed a motion to dismiss the amended complaint. The Bank’s motion to dismiss was granted on April 15, 2022. Plaintiff filed a notice of appeal on May 16, 2022. On September 13, 2021, Samantha Besser filed a putative class action amended complaint against the Bank in the United States District Court for the District of Colorado. The amended complaint alleges that the Bank improperly charged multiple insufficient funds or overdraft fees when a merchant resubmits a rejected payment request. The complaint asserts claims for breach of contract, which incorporates the implied duty of good faith and fair dealing. Plaintiff seeks to represent a proposed class of all the Bank’s checking account customers who were charged multiple insufficient funds or overdraft fees on resubmitted payment requests. Plaintiff seeks unspecified restitution, actual and statutory damages, costs, attorneys’ fees, pre-judgment interest, and other relief as the Court deems proper for herself and the purported class. On September 27, 2021, the Bank filed a motion to dismiss the amended complaint. The motion to dismiss has been fully pled and is before the Court for decision. The Bank believes that the lawsuit is without merit, and it intends to vigorously defend against all claims asserted. Wire Transfer Litigation : On November 5, 2021, urban-gro, Inc. (“UGI”) filed a complaint against the Bank in the Boulder County, Colorado District Court. The complaint alleges that the Bank failed to follow contractual, internal, and industry-standard procedures with respect to six purportedly fraudulent and unauthorized wire transfers, totaling approximately $5.1 million, from UGI’s deposit account at the Bank to domestic third-party beneficiaries (“Transactions”). UGI seeks actual damages, statutory damages for civil theft, costs, attorneys’ fees, pre- and post-judgment interest, and other relief as the Court deems proper. On November 18, 2021, the Bank filed responsive pleadings (“Answer”) setting forth its position that: 1) the Transactions were duly authorized by UGI; 2) the Bank upheld the contractual security procedures with UGI for wire transfers, and followed its own industry-standard internal processes and procedures in carrying out those security procedures; 3) UGI is solely liable for any fraud that might have been perpetrated due to an e-mail account compromise of one or more of its employees; 4) UGI breached its contractual obligations with the Bank by failing to timely discover and report any impropriety as to the Transactions to the Bank; and 5) the Bank, therefore, is not liable for the unrecovered balance. The Bank believes that UGI’s claims are without merit and it intends to vigorously defend against all claims asserted. At this time, the Bank is unable to reasonably estimate the outcome of this litigation. We establish reserves for contingencies, including legal proceedings, when potential losses become probable and can be reasonably estimated. While the ultimate resolution of any legal proceedings, including the matters described above, cannot be determined at this time, based on information presently available, and after consultation with legal counsel, management believes that the ultimate outcome in these above legal proceedings, either individually or in the aggregate, will not have a material adverse effect on our financial statements. It is possible, however, that future developments could result in an unfavorable outcome for or resolution of any of these proceedings, which may be material to our results of operations for a given fiscal period. COVID-19: The impact of the coronavirus (COVID-19) pandemic is fluid and continues to evolve, adversely affecting many of our clients. While vaccine availability and uptake has increased, the longer-term macro-economic effects on global supply chains, inflation, labor shortages and wage increases continue to impact many industries. The ultimate extent of the impact of the COVID-19 pandemic on our business, financial condition and results of operations is currently uncertain and will depend on various developments and other factors, including increases in new COVID-19 cases, hospitalizations and deaths leading to additional government imposed restrictions; refusals to receive the vaccines along with concerns related to new strains of the virus; supply chain issues remaining unresolved longer than anticipated; labor shortages; decreases in consumer confidence and spending; and rising geopolitical tensions.

Organization and Basis of Pre_2

Organization and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Nature of Operations	The consolidated financial statements include the accounts of FirstSun Capital Bancorp (“FirstSun” or “Parent Company” and its wholly-owned subsidiaries, Sunflower Bank, N.A. (the “Bank”) and Logia Portfolio Management, LLC, and have been prepared using U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial statements. All significant intercompany balances and transactions have been eliminated in consolidation. These entities are collectively referred to as “our”, “us”, “we”, or “the Company”. These consolidated financial statements in this Quarterly Report on Form 10-Q do not include all of the information and footnotes required by U.S. GAAP for a full year presentation and certain disclosures have been condensed or omitted in accordance with rules and regulations of the Securities and Exchange Commission (“SEC”). These interim financial statements are unaudited, and include, in our opinion, all adjustments necessary for a fair statement of the results for the periods indicated, which are not necessarily indicative of results which may be expected for the full year. These unaudited consolidated financial statements and notes should be read in conjunction with FirstSun’s audited consolidated financial statements and footnotes thereto for the year ended December 31, 2021 included in our Annual Report on Form 10-K filed with the SEC on March 25, 2022 (the “2021 Form 10-K”). Certain prior period amounts have been reclassified to conform to the current period presentation. Reclassifications had no effect on our net income or stockholders’ equity.
Use of Estimates	The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. These estimates are based on historical experience and on various assumptions about the future that are believed to be reasonable based on all available information. Our reported financial position or results of operations may be materially different under changed conditions or when using different estimates and assumptions, particularly with respect to significant accounting policies. In the event that estimates or assumptions prove to differ from actual results, adjustments are made in subsequent periods to reflect more current information.
Risks and Uncertainties	In the normal course of business, companies in the banking and mortgage industries encounter certain economic and regulatory risks. Economic risks include prepayment risk, market risk, interest rate risk, and credit risk. We are subject to interest rate risk to the extent that in a rising interest rate environment we may experience a decrease in loan production, as well as decreases in the value of mortgage loans held-for-sale and in commitments to originate loans, which may adversely impact our earnings. Credit risk is the risk of default that may result from the borrowers’ inability or unwillingness to make contractually required payments.We generally sell loans to investors without recourse; therefore, the investors have assumed the risk of loss or default by the borrower. However, we are usually required by these investors to make certain standard representations and warranties relating to credit information, loan documentation, and collateral. To the extent that we do not comply with such representations, or there are early payment defaults, we may be required to repurchase the loans or indemnify these investors for any losses from borrower defaults. In addition, if loans pay off within a specified time frame, we may be required to refund a portion of the sales proceeds to the investors. We established reserves for potential losses related to these representations and warranties which are recorded within accrued expenses and other liabilities. In assessing the adequacy of the reserves, we evaluate various factors including actual write-offs during the period, historical loss experience, known delinquent and other problem loans, and economic trends and conditions in the industry. Further information is presented in Note 17 - Commitments and Contingencies .
Adoption of New Accounting Standards	As an “emerging growth company” under Section 107 of the JOBS Act, we can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. Therefore, we can delay the adoption of certain accounting standards until those standards would otherwise apply to non-public business entities. We intend to take advantage of the benefits of this extended transition period for an “emerging growth company” for as long as it is available to us. For standards that we have delayed adoption, we may lack comparability to other companies who have adopted such standards. Other than the adoption of ASU 2016-02, Leases (Topic 842), there have been no material developments with respect to newly issued standards from those disclosed in our 2021 Form 10-K. We have deferred adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) .

Merger with Pioneer Bancshare_2

Merger with Pioneer Bancshares, Inc. (Tables)	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Estimated Fair Values of the Assets Acquired and Liabilities Assumed in this Transaction	Estimated fair values of the assets acquired and liabilities assumed in this transaction are as follows: April 1, Cash and cash equivalents $ 449,278 Investment securities 157,859 Loans held-for-sale 2,923 Loans 811,300 Premises and equipment 39,935 Bank-owned life insurance 21,382 Restricted equity securities 9,320 Core deposits and other intangible assets 11,771 Accrued interest receivable 3,947 Deferred tax assets 19,752 Prepaid expenses and other assets 7,317 Total assets acquired 1,534,784 Deposits 1,192,081 Federal Home Loan Bank advances 159,924 Accrued interest payable 407 Accrued expenses and other liabilities 1,975 Total liabilities assumed 1,354,387 Fair value of net assets acquired 180,397 Purchase price 240,830 Goodwill $ 60,433 Acquired Loans Contractual Principal Balance Commercial $ 98,351 $ 98,752 Commercial real estate 509,173 516,341 Residential real estate 173,094 174,763 Consumer 30,682 31,982 Total fair value $ 811,300 $ 821,838

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities	The amortized cost, gross unrealized gains and losses, and fair values of available-for-sale and held-to-maturity debt securities by type follows as of: Amortized Gross Gross Estimated June 30, 2022 Available-for-sale: U.S. treasury $ 62,031 $ — $ (4,447) $ 57,584 U.S. agency 4,202 — (74) 4,128 Obligations of states and political subdivisions 29,894 — (3,507) 26,387 Mortgage backed - residential 138,747 16 (14,871) 123,892 Collateralized mortgage obligations 242,827 — (16,594) 226,233 Mortgage backed - commercial 137,943 — (12,723) 125,220 Other debt 16,765 — (1,458) 15,307 Total available-for-sale $ 632,409 $ 16 $ (53,674) $ 578,751 Held-to-maturity: Obligations of states and political subdivisions $ 24,962 $ — $ (3,158) $ 21,804 Mortgage backed - residential 9,398 8 (561) 8,845 Collateralized mortgage obligations 5,443 — (237) 5,206 Total held-to-maturity $ 39,803 $ 8 $ (3,956) $ 35,855 December 31, 2021 Available-for-sale: U.S. treasury $ 35,400 $ — $ (215) $ 35,185 U.S. agency 6,019 — (100) 5,919 Obligations of states and political subdivisions 3,979 — (190) 3,789 Mortgage backed - residential 138,297 2,018 (1,638) 138,677 Collateralized mortgage obligations 236,282 1,441 (1,939) 235,784 Mortgage backed - commercial 150,322 3,424 (599) 153,147 Total available-for-sale $ 570,299 $ 6,883 $ (4,681) $ 572,501 Held-to-maturity: Obligations of states and political subdivisions $ 716 $ 25 $ — $ 741 Mortgage backed - residential 10,750 390 — 11,140 Collateralized mortgage obligations 6,541 177 — 6,718 Total held-to-maturity $ 18,007 $ 592 $ — $ 18,599
Schedule of Held-to-maturity Securities	The amortized cost, gross unrealized gains and losses, and fair values of available-for-sale and held-to-maturity debt securities by type follows as of: Amortized Gross Gross Estimated June 30, 2022 Available-for-sale: U.S. treasury $ 62,031 $ — $ (4,447) $ 57,584 U.S. agency 4,202 — (74) 4,128 Obligations of states and political subdivisions 29,894 — (3,507) 26,387 Mortgage backed - residential 138,747 16 (14,871) 123,892 Collateralized mortgage obligations 242,827 — (16,594) 226,233 Mortgage backed - commercial 137,943 — (12,723) 125,220 Other debt 16,765 — (1,458) 15,307 Total available-for-sale $ 632,409 $ 16 $ (53,674) $ 578,751 Held-to-maturity: Obligations of states and political subdivisions $ 24,962 $ — $ (3,158) $ 21,804 Mortgage backed - residential 9,398 8 (561) 8,845 Collateralized mortgage obligations 5,443 — (237) 5,206 Total held-to-maturity $ 39,803 $ 8 $ (3,956) $ 35,855 December 31, 2021 Available-for-sale: U.S. treasury $ 35,400 $ — $ (215) $ 35,185 U.S. agency 6,019 — (100) 5,919 Obligations of states and political subdivisions 3,979 — (190) 3,789 Mortgage backed - residential 138,297 2,018 (1,638) 138,677 Collateralized mortgage obligations 236,282 1,441 (1,939) 235,784 Mortgage backed - commercial 150,322 3,424 (599) 153,147 Total available-for-sale $ 570,299 $ 6,883 $ (4,681) $ 572,501 Held-to-maturity: Obligations of states and political subdivisions $ 716 $ 25 $ — $ 741 Mortgage backed - residential 10,750 390 — 11,140 Collateralized mortgage obligations 6,541 177 — 6,718 Total held-to-maturity $ 18,007 $ 592 $ — $ 18,599
Schedule of Available-for-sale Securities with Unrealized Losses	Certain debt securities that have gross unrealized losses and have been in a continuous unrealized loss position for more than one year follows as of: Less than 12 months 12 months or longer Total Estimated Unrealized Estimated Unrealized Estimated Unrealized Number June 30, 2022 Available-for-sale: U.S. treasury $ 57,584 $ (4,447) $ — $ — $ 57,584 $ (4,447) 10 U.S. agency — — 4,128 (74) 4,128 (74) 7 Obligations of states and political subdivisions 25,847 (3,507) — — 25,847 (3,507) 18 Mortgage backed - residential 93,258 (8,660) 29,914 (6,211) 123,172 (14,871) 83 Collateralized mortgage obligations 226,159 (16,594) — — 226,159 (16,594) 66 Mortgage backed - commercial 110,225 (12,712) 14,995 (11) 125,220 (12,723) 23 Other debt 15,307 (1,458) — — 15,307 (1,458) 9 Total available-for-sale $ 528,380 $ (47,378) $ 49,037 $ (6,296) $ 577,417 $ (53,674) 216 Held-to-maturity: Obligations of states and political subdivisions $ 21,804 $ (3,158) $ — $ — $ 21,804 $ (3,158) 8 Mortgage backed - residential 8,603 (561) — — 8,603 (561) 10 Collateralized mortgage obligations 5,206 (237) — — 5,206 (237) 5 Total held-to-maturity $ 35,613 $ (3,956) $ — $ — $ 35,613 $ (3,956) 23 Less than 12 months 12 months or longer Total Estimated Unrealized Estimated Unrealized Estimated Unrealized Number December 31, 2021 Available-for-sale: U.S. treasury $ 35,185 $ (215) $ — $ — $ 35,185 $ (215) 4 U.S. agency — — 5,919 (100) 5,919 (100) 7 Obligations of states and political subdivisions 3,232 (190) — — 3,232 (190) 2 Mortgage backed - residential 51,616 (530) 25,246 (1,108) 76,862 (1,638) 17 Collateralized mortgage obligations 115,877 (1,938) 193 (1) 116,070 (1,939) 16 Mortgage backed - commercial 32,872 (581) 24,170 (18) 57,042 (599) 5 Total available-for-sale $ 238,782 $ (3,454) $ 55,528 $ (1,227) $ 294,310 $ (4,681) 51
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity	The amortized cost and fair value of our debt securities by contractual maturity as of June 30, 2022 are summarized in the following table. Maturities are based on the final contractual payment dates and do not reflect the impact of prepayments or earlier redemptions that may occur. Amortized Estimated Available-for-sale: Due within 1 year $ 45 $ 45 Due after 1 year through 5 years 46,782 45,592 Due after 5 years through 10 years 176,411 160,048 Due after 10 years 409,171 373,066 Total available-for-sale $ 632,409 $ 578,751 Held-to-maturity: Due after 1 year through 5 years $ 1,082 $ 1,046 Due after 5 years through 10 years 173 179 Due after 10 years 38,548 34,630 Total held-to-maturity $ 39,803 $ 35,855

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Schedule of Loans Held for Investment	Loans held-for-investment consist of the following as of: June 30, December 31, Commercial $ 2,679,774 $ 2,414,787 Commercial real estate 1,760,670 1,176,973 Residential real estate 919,567 437,116 Consumer 45,718 17,766 Total loans 5,405,729 4,046,642 Deferred costs, fees, premiums, and discounts, net (17,801) (9,519) Allowance for loan losses (56,077) (47,547) Total loans, net $ 5,331,851 $ 3,989,576
Schedule of Allowance for Loan Losses by Portfolio Type	The following table presents the activity in the allowance for loan losses by portfolio type for the three months ended June 30,: Commercial Commercial Residential Consumer Total 2022 Allowance for loan losses: Balance, beginning of period $ 34,712 $ 14,223 $ 1,342 $ 232 $ 50,509 Provision for (reversal of) loan losses (324) 3,829 1,378 117 5,000 Loans charged off (947) — (98) (38) (1,083) Recoveries 1,546 1 97 7 1,651 Balance, end of period $ 34,987 $ 18,053 $ 2,719 $ 318 $ 56,077 2021 Allowance for loan losses: Balance, beginning of period $ 31,950 $ 13,367 $ 1,573 $ 324 $ 47,214 Provision for (reversal of) loan losses (933) (218) (284) 35 (1,400) Loans charged off (2,894) — — (19) (2,913) Recoveries 50 — 16 11 77 Balance, end of period $ 28,173 $ 13,149 $ 1,305 $ 351 $ 42,978 The following table presents the activity in the allowance for loan losses by portfolio type for the six months ended June 30,: Commercial Commercial Residential Consumer Total 2022 Allowance for loan losses: Balance, beginning of period $ 33,277 $ 12,899 $ 1,136 $ 235 $ 47,547 Provision for (reversal of) loan losses 1,937 5,153 1,486 124 8,700 Loans charged off (1,950) — (98) (64) (2,112) Recoveries 1,723 1 195 23 1,942 Balance, end of period $ 34,987 $ 18,053 $ 2,719 $ 318 $ 56,077 2021 Allowance for loan losses: Balance, beginning of period $ 32,009 $ 13,863 $ 1,606 $ 288 $ 47,766 Provision for (reversal of) loan losses (820) (723) (319) 112 (1,750) Loans charged off (3,102) — (2) (72) (3,176) Recoveries 86 9 20 23 138 Balance, end of period $ 28,173 $ 13,149 $ 1,305 $ 351 $ 42,978 The following table presents the balance in the allowance for loan losses and the recorded investment by portfolio type based on impairment method as of: Commercial Commercial Residential Consumer Total June 30, 2022 Loans: Individually evaluated for impairment $ 17,025 $ 5,212 $ 12,967 $ 72 $ 35,276 Collectively evaluated for impairment 2,662,749 1,755,458 906,600 45,646 5,370,453 Total loans $ 2,679,774 $ 1,760,670 $ 919,567 $ 45,718 $ 5,405,729 Allowance for loan losses: Individually evaluated for impairment $ 978 $ 168 $ 147 $ 69 $ 1,362 Collectively evaluated for impairment 34,009 17,885 2,572 249 54,715 Total allowance for loan losses $ 34,987 $ 18,053 $ 2,719 $ 318 $ 56,077 December 31, 2021 Loans: Individually evaluated for impairment $ 17,460 $ 4,781 $ 11,479 $ 2 $ 33,722 Collectively evaluated for impairment 2,397,327 1,172,192 425,637 17,764 4,012,920 Total loans $ 2,414,787 $ 1,176,973 $ 437,116 $ 17,766 $ 4,046,642 Allowance for loan losses: Individually evaluated for impairment $ 2,517 $ 12 $ 39 $ — $ 2,568 Collectively evaluated for impairment 30,760 12,887 1,097 235 44,979 Total allowance for loan losses $ 33,277 $ 12,899 $ 1,136 $ 235 $ 47,547
Schedule of Impaired Financing Receivables	The following table presents information related to impaired loans by class of loans as of: Unpaid Recorded Allowance for Average June 30, 2022 With no related allowance recorded: Commercial $ 13,167 $ 12,706 $ — $ 9,115 Commercial real estate 4,865 4,531 — 3,104 Residential real estate 12,014 12,163 — 8,115 Consumer — — — — Total loans with no related allowance recorded 30,046 29,400 — 20,334 With an allowance recorded: Commercial 4,395 4,319 978 2,826 Commercial real estate 681 681 168 227 Residential real estate 790 804 147 490 Consumer 72 72 69 24 Total loans an allowance recorded 5,938 5,876 1,362 3,567 Total impaired loans $ 35,984 $ 35,276 $ 1,362 $ 23,901 December 31, 2021 With no related allowance recorded: Commercial $ 14,619 $ 13,982 $ — $ 10,637 Commercial real estate 4,795 4,706 — 3,943 Residential real estate 10,754 10,808 — 7,223 Consumer 3 2 — 3 Total loans with no related allowance recorded 30,171 29,498 — 21,806 With an allowance recorded: Commercial 3,666 3,478 2,517 2,375 Commercial real estate 124 75 12 57 Residential real estate 665 671 39 462 Total loans an allowance recorded 4,455 4,224 2,568 2,894 Total impaired loans $ 34,626 $ 33,722 $ 2,568 $ 24,700
Schedule of Credit Risk Profile Based on Bank’s Rating Categories	The following table presents the credit risk profile of our loan portfolio based on our rating categories as of: Non-Classified Classified Total June 30, 2022 Commercial $ 2,648,254 $ 31,520 $ 2,679,774 Commercial real estate 1,722,595 38,075 1,760,670 Residential real estate 912,102 7,465 919,567 Consumer 45,645 73 45,718 Total loans $ 5,328,596 $ 77,133 $ 5,405,729 December 31, 2021 Commercial $ 2,384,275 $ 30,512 $ 2,414,787 Commercial real estate 1,146,673 30,300 1,176,973 Residential real estate 431,033 6,083 437,116 Consumer 17,762 4 17,766 Total loans $ 3,979,743 $ 66,899 $ 4,046,642
Schedule of Aging of Loan Portfolio	The following table presents our loan portfolio aging analysis as of: Loans Loans Loans Loans Greater Nonaccrual Total June 30, 2022 Commercial $ 2,626,082 $ 16,493 $ 21,059 $ 71 $ 16,069 $ 2,679,774 Commercial 1,744,726 929 9,661 2,325 3,029 1,760,670 Residential 903,699 3,221 4,592 590 7,465 919,567 Consumer 45,588 43 15 — 72 45,718 Total loans $ 5,320,095 $ 20,686 $ 35,327 $ 2,986 $ 26,635 $ 5,405,729 December 31, 2021 Commercial $ 2,392,205 $ 5,467 $ 623 $ — $ 16,492 $ 2,414,787 Commercial 1,160,244 10,887 — 1,061 4,781 1,176,973 Residential 424,860 5,794 410 — 6,052 437,116 Consumer 17,719 45 — — 2 17,766 Total loans $ 3,995,028 $ 22,193 $ 1,033 $ 1,061 $ 27,327 $ 4,046,642
Schedule of Troubled Debt Restructuring	The following table presents loans by class modified as TDRs that occurred during the six months ended June 30, 2022 and year ended December 31, 2021: Number Pre-Modification Post-Modification June 30, 2022 Commercial 2 $ 3,117 $ 3,102 Consumer 1 72 72 Total 3 $ 3,189 $ 3,174 December 31, 2021 Commercial 7 $ 6,969 $ 6,178 Commercial real estate 1 2,295 2,265 Residential real estate 4 1,386 1,435 Total 12 $ 10,650 $ 9,878

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	6 Months Ended
	Jun. 30, 2022
Transfers and Servicing [Abstract]
Schedule of Unpaid Principal Loan Balance of Servicing Portfolio	The unpaid principal loan balance of our servicing portfolio is presented in the following table as of: June 30, December 31, 2021 Federal National Mortgage Association $ 2,450,559 $ 2,352,981 Federal Home Loan Mortgage Corporation 1,606,175 1,512,858 Government National Mortgage Association 805,313 759,524 Federal Home Loan Bank 117,932 134,616 Other 1,661 1,853 Total $ 4,981,640 $ 4,761,832
Schedule of Mortgage Servicing Rights at Fair Value	The activity of MSRs carried at fair value is as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Balance, beginning of period $ 60,481 $ 39,342 $ 47,392 $ 29,144 Additions: Servicing resulting from transfers of financial assets 3,668 6,125 8,192 13,230 Changes in fair value: Due to changes in valuation inputs or assumptions used in the valuation model 4,049 (1,660) 14,872 4,261 Changes in fair value due to pay-offs, pay-downs, and runoff (2,151) (2,963) (4,409) (5,791) Balance, end of period $ 66,047 $ 40,844 $ 66,047 $ 40,844
Schedule of Fair Value Assumptions, Servicing Assets	The following represents the weighted-average key assumptions used to estimate the fair value of MSRs as of: June 30, December 31, June 30, Discount rate 9.42 % 9.22 % 9.21 % Total prepayment speeds 7.97 % 11.52 % 13.01 % Cost of servicing each loan $87/per loan $85/per loan $86/per loan
Schedule of Servicing and Ancillary Fees from Mortgage Servicing Portfolio	Total servicing and ancillary fees earned from the mortgage servicing portfolio is presented in the following table: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Servicing fees $ 3,477 $ 2,946 $ 6,696 $ 5,752 Late and ancillary fees 52 99 141 199 Total $ 3,529 $ 3,045 $ 6,837 $ 5,951

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The components of our banking derivative financial instruments consisted of the following as of: Number of Expiration Outstanding Estimated June 30, 2022 Derivative financial instruments designated as hedging instruments: Assets: Interest Rate Products 32 2028-2036 $ 205,635 $ 8,735 Derivative financial instruments not designated as hedging instruments: Assets: Interest Rate Products 40 2024-2036 $ 256,884 $ 16,243 Liabilities: Interest Rate Products 40 2024-2036 $ 256,884 $ 15,941 December 31, 2021 Derivative financial instruments designated as hedging instruments: Assets: Interest Rate Products 1 2029 $ 20,190 $ 1,213 Liabilities: Interest Rate Products 12 2022-2029 $ 179,431 $ 7,107 Derivative financial instruments not designated as hedging instruments: Assets: Interest Rate Products 38 2024-2036 $ 232,849 $ 6,923 Liabilities: Interest Rate Products 38 2024-2036 $ 232,849 $ 7,366 The components of our mortgage banking derivative financial instruments consisted of the following as of: Expiration Outstanding Estimated June 30, 2022 Derivative financial instruments Assets: Forward MBS trades 2022 $ 212,800 $ 173 Interest rate lock commitments (IRLC) 2022 $ 123,124 $ 863 Liabilities: Forward MBS trades 2022 $ 49,800 $ 530 December 31, 2021 Derivative financial instruments Assets: Forward MBS trades 2022 $ 450,600 $ 1,329 Interest rate lock commitments (IRLC) 2022 $ 142,334 $ 1,350 Liabilities: Forward MBS trades 2022 $ 16,600 $ 52
Derivative Instruments, Gain (Loss)	We recorded gains and losses on banking derivative assets and liabilities as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Recorded gain (loss) on banking derivative assets $ 5,260 $ 517 $ 15,069 $ (234) Recorded (loss) gain on banking derivative liabilities $ (4,960) $ (886) $ (14,324) $ 589 We recorded gains and losses on mortgage banking derivative assets and liabilities as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Recorded (loss) gain on mortgage banking derivative assets $ (3,565) $ (7) $ 1,912 $ (9,477) Recorded (loss) gain on mortgage banking derivative liabilities $ (1,520) $ 110 $ (14,096) $ 2,527

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2022
Statistical Disclosure for Banks [Abstract]
Schedule of Composition of Deposits	The composition of our deposits is as follows as of: June 30, December 31, Noninterest-bearing demand deposit accounts $ 1,942,078 $ 1,566,113 Interest-bearing deposit accounts: Interest-bearing demand accounts 165,287 187,712 Savings accounts and money market accounts 3,204,704 2,757,882 NOW accounts 50,126 19,496 Certificate of deposit accounts: Less than $100 217,361 147,386 $100 through $250 217,189 103,082 Greater than $250 136,277 73,277 Total interest-bearing deposit accounts 3,990,944 3,288,835 Total deposits $ 5,933,022 $ 4,854,948
Summary of Interest Expense Incurred on Deposits	The following table summarizes the interest expense incurred on our deposits: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Interest-bearing deposit accounts: Interest-bearing demand accounts $ 190 $ 114 $ 284 $ 211 Savings accounts and money market accounts 1,305 1,262 2,236 2,513 NOW accounts 39 172 69 286 Certificate of deposit accounts 638 801 1,157 1,743 Total interest-bearing deposit accounts $ 2,172 $ 2,349 $ 3,746 $ 4,753
Schedule of Remaining Maturity on Certificate of Deposit Accounts	The remaining maturity on certificate of deposit accounts is as follows as of: June 30, Remainder of 2022 $ 1,765 2023 286,619 2024 177,054 2025 58,434 2026 30,780 2027 11,406 Thereafter 4,769 Total certificate of deposit accounts $ 570,827

Securities Sold Under Agreeme_2

Securities Sold Under Agreements to Repurchase (Tables)	6 Months Ended
	Jun. 30, 2022
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned [Abstract]
Schedule of Information Concerning Securities Sold Under Agreements to Repurchase	Information concerning securities sold under agreements to repurchase is as follows as of and for the periods ended: June 30, December 31, Amount outstanding at period-end $ 70,838 $ 92,093 Average daily balance during the period $ 63,795 $ 125,867 Average interest rate during the period 0.24 % 0.05 % Maximum month-end balance during the period $ 70,838 $ 160,865 Weighted average interest rate at period-end 0.39 % 0.05 %

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Borrowings	The following is a breakdown of our FHLB advances and other borrowings outstanding as of: June 30, 2022 December 31, 2021 Amount Rate Weighted Amount Rate Weighted Variable rate line-of-credit advance $ — N/A N/A $ — N/A N/A Fixed rate term advances $ 159,968 1.19% - 1.90% 1.70% $ 40,000 0.91% - 2.59% 1.49% $ 159,968 $ 40,000

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share of common stock: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Net income applicable to common stockholders $ 430 $ 11,281 $ 8,099 $ 25,619 Weighted Average Shares Weighted average common shares outstanding 24,760,282 18,321,659 21,570,924 18,321,659 Effect of dilutive securities Stock-based awards 698,029 439,375 624,890 401,169 Weighted average diluted common shares 25,458,311 18,761,034 22,195,814 18,722,828 Earnings per common share Basic earnings per common share $ 0.02 $ 0.62 $ 0.38 $ 1.40 Effect of dilutive securities Stock-based awards — (0.02) (0.02) (0.03) Diluted earnings per common share $ 0.02 $ 0.60 $ 0.36 $ 1.37

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2022
AOCI Attributable to Parent [Abstract]
Schedule of Components in Accumulated Other Comprehensive Income	The following table sets forth the components in accumulated other comprehensive income (loss): For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Securities available-for-sale: Balance, beginning of period $ (14,668) $ 6,278 $ 1,664 $ 9,119 Unrealized gain (loss) (34,242) 1,143 (55,860) (2,619) Income tax effect 8,375 (279) 13,661 642 Net unrealized gain (loss) (25,867) 864 (42,199) (1,977) Balance, end of period $ (40,535) $ 7,142 $ (40,535) $ 7,142 Fair value hedges of securities available-for-sale: Balance, beginning of period $ — $ — $ — $ — Unrealized gain (loss) 1,390 — 1,390 — Income tax effect (292) — (292) — Net unrealized gain (loss) 1,098 — 1,098 — Balance, end of period $ 1,098 $ — $ 1,098 $ —

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock Option Activity	The following table presents stock options outstanding under the 2017 Plan at June 30, 2022. There were no grants, exercises or forfeitures during the six months ended June 30, 2022: Shares Weighted-Average Exercise Price, per Share Weighted-Average Remaining Contractual Term (years) June 30, 2022 Outstanding, end of period 1,412,900 $ 20.19 5.72 Options vested or expected to vest 1,412,900 $ 20.19 Options exercisable, end of period 1,296,017 $ 20.00 5.53 Shares Weighted-Average Exercise Price, per Share Weighted-Average Remaining Contractual Term (years) June 30, 2022 Outstanding, beginning of period — $ — Options assumed from Pioneer Bancshares, Inc. 431,645 23.32 Exercised (101,171) 22.80 Outstanding, end of period 330,474 $ 23.45 5.67 Options vested or expected to vest 330,474 $ 23.45 Options exercisable, end of period 330,474 $ 23.45 5.67

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Schedule of Provision for Income Taxes	The provision for income tax is summarized as follows: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Provision for (benefit from) income taxes $ (211) $ 2,178 $ 931 $ 5,308 Effective tax provision rate (96.3) % 16.2 % 10.3 % 17.2 %

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	6 Months Ended
	Jun. 30, 2022
Regulatory Capital Requirements under Banking Regulations [Abstract]
Schedule of Actual and Required Capital Amounts	Actual and required capital amounts for the Parent Company are as follows as of: Actual For Capital To be Well- Amount Ratio Amount Ratio Amount Ratio June 30, 2022 Total risk-based capital to risk-weighted assets: $ 758,779 11.60 % $ 523,368 8.00 % N/A N/A Tier 1 risk-based capital to risk-weighted assets: $ 627,109 9.59 % $ 392,526 6.00 % N/A N/A Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 627,109 9.59 % $ 294,394 4.50 % N/A N/A Tier 1 leverage capital to average assets: $ 627,109 8.89 % $ 282,221 4.00 % N/A N/A December 31, 2021 Total risk-based capital to risk-weighted assets: $ 563,112 11.76 % $ 383,213 8.00 % N/A N/A Tier 1 risk-based capital to risk-weighted assets: $ 464,761 9.70 % $ 287,410 6.00 % N/A N/A Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 464,761 9.70 % $ 215,557 4.50 % N/A N/A Tier 1 leverage capital to average assets: $ 464,761 8.24 % $ 225,736 4.00 % N/A N/A Actual and required capital amounts for the Bank are as follows as of: Actual For Capital To be Well- Amount Ratio Amount Ratio Amount Ratio June 30, 2022 Total risk-based capital to risk-weighted assets: $ 750,485 11.50 % $ 522,085 8.00 % $ 652,606 10.00 % Tier 1 risk-based capital to risk-weighted assets: $ 693,495 10.63 % $ 391,564 6.00 % $ 522,085 8.00 % Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 693,495 10.63 % $ 293,673 4.50 % $ 424,194 6.50 % Tier 1 leverage capital to average assets: $ 693,495 9.83 % $ 282,192 4.00 % $ 352,740 5.00 % December 31, 2021 Total risk-based capital to risk-weighted assets: $ 571,463 11.96 % $ 382,106 8.00 % $ 477,633 10.00 % Tier 1 risk-based capital to risk-weighted assets: $ 523,128 10.95 % $ 286,580 6.00 % $ 382,106 8.00 % Common Equity Tier 1 (CET 1) to risk-weighted assets: $ 523,128 10.95 % $ 214,935 4.50 % $ 310,462 6.50 % Tier 1 leverage capital to average assets: $ 523,128 9.27 % $ 225,650 4.00 % $ 282,062 5.00 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table sets forth our assets and liabilities measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Quoted prices Significant Significant Total As of June 30, 2022 Available-for-sale securities $ 57,584 $ 521,167 $ — $ 578,751 Loans held-for-sale — 61,253 — 61,253 Mortgage servicing rights — — 66,047 66,047 Derivative financial instruments - assets — 26,014 — 26,014 Derivative financial instruments - liabilities — (16,471) — (16,471) Total $ 57,584 $ 591,963 $ 66,047 $ 715,594 As of December 31, 2021 Available-for-sale securities $ 35,185 $ 537,316 $ — $ 572,501 Loans held-for-sale — 103,939 — 103,939 Mortgage servicing rights — — 47,392 47,392 Derivative financial instruments - assets — 10,815 — 10,815 Derivative financial instruments - liabilities — (14,525) — (14,525) Total $ 35,185 $ 637,545 $ 47,392 $ 720,122
Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents a reconciliation for our Level 3 assets measured at fair value on a recurring basis: For the three months ended June 30, For the six months ended June 30, 2022 2021 2022 2021 Balance, beginning of period $ 60,481 $ 39,342 $ 47,392 $ 29,144 Total gains (losses) included in earnings 1,898 (4,623) 10,463 (1,530) Purchases, issuances, sales and settlements: Issuances 3,668 6,125 8,192 13,230 Balance, end of period $ 66,047 $ 40,844 $ 66,047 $ 40,844
Schedule of Fair Value Measurements, Nonrecurring	The following table sets forth our assets and liabilities that were measured at fair value on a non-recurring basis as of: Level 3 June 30, December 31, Impaired loans: Commercial $ 3,341 $ 961 Commercial real estate 513 63 Residential real estate 657 632 Consumer 3 — Total impaired loans $ 4,514 $ 1,656 Other real estate owned and foreclosed assets, net: Commercial real estate $ 5,391 $ 5,067 Residential real estate — 420 Total other real estate owned and foreclosed assets, net: $ 5,391 $ 5,487
Schedule of Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of financial instruments not carried at fair value are as follows as of: Estimated Fair Value Carrying Total Level 1 Level 2 Level 3 June 30, 2022 Assets: Cash and cash equivalents $ 510,701 $ 510,701 $ 510,701 $ — $ — Securities held-to-maturity 39,803 35,855 — 35,855 — Loans (excluding impaired loans) 5,352,818 5,271,345 — — 5,271,345 Restricted equity securities 27,839 27,839 — 27,839 — Accrued interest receivable 20,304 20,304 — 1,877 18,427 Liabilities: Deposits (excluding demand deposits) $ 3,825,657 $ 3,815,454 $ — $ 3,815,454 $ — Securities sold under agreements to repurchase 70,838 70,838 — 70,838 — FHLB advances 159,968 160,823 — 160,823 — Convertible notes payable, net 5,279 6,944 — 6,944 — Subordinated debt, net 74,680 78,193 — 78,193 — Accrued interest payable 2,731 2,731 — 2,731 — December 31, 2021 Assets: Cash and cash equivalents $ 668,462 $ 668,462 $ 668,462 $ — $ — Securities held-to-maturity 18,007 18,599 — 18,599 — Loans (excluding impaired loans) 4,003,712 3,949,719 — — 3,949,719 Restricted equity securities 16,239 16,239 — 16,239 — Accrued interest receivable 14,761 14,761 — 1,131 13,630 Liabilities: Deposits (excluding demand deposits) $ 3,101,123 $ 3,106,464 $ — $ 3,106,464 $ — Securities sold under agreements to repurchase 92,093 92,093 — 92,093 — FHLB advances 40,000 41,514 — 41,514 — Convertible notes payable, net 19,442 21,564 — 21,564 — Subordinated debt, net 50,016 52,264 — 52,264 — Accrued interest payable 2,369 2,369 — 2,369 —

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	Significant segment totals are reconciled to the financial statements as follows for the three months ended June 30, Banking Mortgage Operations Corporate Total Segments 2022 Summary of Operations Net interest income $ 58,164 $ 2,060 $ (1,639) $ 58,585 Provision for loan losses 3,823 1,177 — 5,000 Noninterest income: Service charges on deposit accounts 4,379 — — 4,379 Credit and debit card fees 2,990 — — 2,990 Trust and investment advisory fees 1,909 — — 1,909 Income from mortgage banking services, net (291) 11,962 — 11,671 Other noninterest income 1,354 (1) — 1,353 Total noninterest income 10,341 11,961 — 22,302 Noninterest expense: Salary and employee benefits 23,951 10,518 779 35,248 Occupancy and equipment 6,891 861 1 7,753 Other noninterest expenses 27,171 3,953 1,543 32,667 Total noninterest expense 58,013 15,332 2,323 75,668 Income (loss) before income taxes $ 6,669 $ (2,488) $ (3,962) $ 219 Other Information Depreciation expense $ 1,861 $ 110 $ — $ 1,971 Identifiable assets $ 6,361,838 $ 661,307 $ 37,547 $ 7,060,692 Banking Mortgage Operations Corporate Total Segments 2021 Summary of Operations Net interest income $ 35,511 $ 2,024 $ (1,135) $ 36,400 Provision for (reversal of) loan losses (1,331) (69) — (1,400) Noninterest income: Service charges on deposit accounts 2,645 — — 2,645 Credit and debit card fees 2,544 — — 2,544 Trust and investment advisory fees 1,992 — — 1,992 Income from mortgage banking services, net (671) 23,607 — 22,936 Other noninterest income 2,167 (1) — 2,166 Total noninterest income 8,677 23,606 — 32,283 Noninterest expense: Salary and employee benefits 24,335 13,799 315 38,449 Occupancy 5,775 751 1 6,527 Other noninterest expenses 7,188 3,145 1,315 11,648 Total noninterest expense 37,298 17,695 1,631 56,624 Income (loss) before income taxes $ 8,221 $ 8,004 $ (2,766) $ 13,459 Other Information Depreciation expense $ 1,413 $ 177 $ — $ 1,590 Identifiable assets $ 4,950,341 $ 577,798 $ 34,937 $ 5,563,076 Significant segment totals are reconciled to the financial statements as follows for the six months ended June 30,: Banking Mortgage Operations Corporate Total Segments 2022 Summary of Operations Net interest income $ 99,447 $ 3,701 $ (3,278) $ 99,870 Provision for loan losses 6,630 2,070 — 8,700 Noninterest income: Service charges on deposit accounts 8,304 — — 8,304 Credit and debit card fees 5,405 — — 5,405 Trust and investment advisory fees 3,856 — — 3,856 Income from mortgage banking services, net (1,271) 27,503 — 26,232 Other noninterest income 2,207 (9) — 2,198 Total noninterest income 18,501 27,494 — 45,995 Noninterest expense: Salary and employee benefits 46,670 21,932 871 69,473 Occupancy and equipment 12,747 1,838 1 14,586 Other noninterest expenses 35,057 7,125 1,894 44,076 Total noninterest expense 94,474 30,895 2,766 128,135 Income (loss) before income taxes $ 16,844 $ (1,770) $ (6,044) $ 9,030 Other Information Depreciation expense $ 3,172 $ 213 $ — $ 3,385 Identifiable assets $ 6,361,838 $ 661,307 $ 37,547 $ 7,060,692 Banking Mortgage Operations Corporate Total Segments 2021 Summary of Operations Net interest income $ 73,220 $ 3,864 $ (2,267) $ 74,817 Provision for (reversal of) loan losses (1,419) (331) — (1,750) Noninterest income: Service charges on deposit accounts 5,188 — — 5,188 Credit and debit card fees 4,668 — — 4,668 Trust and investment advisory fees 3,897 — — 3,897 Income from mortgage banking services, net (1,110) 49,103 — 47,993 Other noninterest income 4,425 (7) — 4,418 Total noninterest income 17,068 49,096 — 66,164 Noninterest expense: Salary and employee benefits 47,507 29,072 489 77,068 Occupancy 11,681 1,542 1 13,224 Other noninterest expenses 13,711 6,322 1,479 21,512 Total noninterest expense 72,899 36,936 1,969 111,804 Income (loss) before income taxes $ 18,808 $ 16,355 $ (4,236) $ 30,927 Other Information Depreciation expense $ 2,912 $ 267 $ — $ 3,179 Identifiable assets $ 4,950,341 $ 577,798 $ 34,937 $ 5,563,076

Organization and Basis of Pre_3

Organization and Basis of Presentation (Details)	Apr. 01, 2022 shares
FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Merger
Business Acquisition [Line Items]
Shares issuable in merger (in shares)	1.0443

Merger with Pioneer Bancshare_3

Merger with Pioneer Bancshares, Inc. - Narrative (Details) - FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Merger $ in Thousands	Apr. 01, 2022 USD ($) shares
Business Acquisition [Line Items]
Business acquisition, shares issuable in merger (in shares) | shares	1.0443
Business acquisition, number of shares issued (in shares) | shares	6,467,466
Business acquisition, equity interest issued	$ 230,760
Business acquisition, consideration transferred, stock options converted, number of shares (in shares) | shares	431,645
Business acquisition, consideration transferred, stock options converted	$ 5,334
Payments to acquire businesses	4,736
Business acquisition, aggregate consideration	$ 240,830

Merger with Pioneer Bancshare_4

Merger with Pioneer Bancshares, Inc. - Estimated Fair Values of the Assets Acquired and Liabilities Assumed in this Transaction (Details) - USD ($) $ in Thousands	Apr. 01, 2022	Jun. 30, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill		$ 93,483	$ 33,050
FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Merger
Business Acquisition [Line Items]
Cash and cash equivalents	$ 449,278
Investment securities	157,859
Loans held-for-sale	2,923
Loans	811,300
Premises and equipment	39,935
Bank-owned life insurance	21,382
Restricted equity securities	9,320
Core deposits and other intangible assets	11,771
Accrued interest receivable	3,947
Deferred tax assets	19,752
Prepaid expenses and other assets	7,317
Total assets acquired	1,534,784
Deposits	1,192,081
Federal Home Loan Bank advances	159,924
Accrued interest payable	407
Accrued expenses and other liabilities	1,975
Total liabilities assumed	1,354,387
Fair value of net assets acquired	180,397
Purchase price	240,830
Goodwill	$ 60,433

Merger with Pioneer Bancshare_5

Merger with Pioneer Bancshares, Inc. - (Details) $ in Thousands	Apr. 01, 2022 USD ($)
Business Acquisition [Line Items]
Acquired Loans	$ 811,300
Contractual Principal Balance	821,838
Commercial
Business Acquisition [Line Items]
Acquired Loans	98,351
Contractual Principal Balance	98,752
Commercial real estate
Business Acquisition [Line Items]
Acquired Loans	509,173
Contractual Principal Balance	516,341
Residential real estate
Business Acquisition [Line Items]
Acquired Loans	173,094
Contractual Principal Balance	174,763
Consumer
Business Acquisition [Line Items]
Acquired Loans	30,682
Contractual Principal Balance	$ 31,982

Securities - Available-for-sale

Securities - Available-for-sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 632,409	$ 570,299
Gross Unrealized Gains	16	6,883
Gross Unrealized Losses	(53,674)	(4,681)
Estimated Fair Value	578,751	572,501
Amortized Cost	39,803	18,007
Gross Unrealized Gains	8	592
Gross Unrealized Losses	(3,956)	0
Estimated Fair Value	35,855	18,599
U.S. treasury
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	62,031	35,400
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(4,447)	(215)
Estimated Fair Value	57,584	35,185
U.S. agency
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,202	6,019
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(74)	(100)
Estimated Fair Value	4,128	5,919
Obligations of states and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	29,894	3,979
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3,507)	(190)
Estimated Fair Value	26,387	3,789
Amortized Cost	24,962	716
Gross Unrealized Gains	0	25
Gross Unrealized Losses	(3,158)	0
Estimated Fair Value	21,804	741
Mortgage backed - residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	138,747	138,297
Gross Unrealized Gains	16	2,018
Gross Unrealized Losses	(14,871)	(1,638)
Estimated Fair Value	123,892	138,677
Amortized Cost	9,398	10,750
Gross Unrealized Gains	8	390
Gross Unrealized Losses	(561)	0
Estimated Fair Value	8,845	11,140
Collateralized mortgage obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	242,827	236,282
Gross Unrealized Gains	0	1,441
Gross Unrealized Losses	(16,594)	(1,939)
Estimated Fair Value	226,233	235,784
Amortized Cost	5,443	6,541
Gross Unrealized Gains	0	177
Gross Unrealized Losses	(237)	0
Estimated Fair Value	5,206	6,718
Mortgage backed - commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	137,943	150,322
Gross Unrealized Gains	0	3,424
Gross Unrealized Losses	(12,723)	(599)
Estimated Fair Value	125,220	$ 153,147
Other debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	16,765
Gross Unrealized Gains	0
Gross Unrealized Losses	(1,458)
Estimated Fair Value	$ 15,307

Securities - Debt Securities wi

Securities - Debt Securities with Unrealized Losses in Continuous Unrealized Loss Position (Details) $ in Thousands	Jun. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Available-for-sale securities
Estimated Fair Value	$ 528,380	$ 238,782
Unrealized Losses	(47,378)	(3,454)
Estimated Fair Value	49,037	55,528
Unrealized Losses	(6,296)	(1,227)
Estimated Fair Value	577,417	294,310
Unrealized Losses	$ (53,674)	$ (4,681)
Number of Securities | security	216	51
Held-to-maturity:
Estimated Fair Value	$ 35,613
Unrealized Losses	(3,956)
Estimated Fair Value	0
Unrealized Losses	0
Estimated Fair Value	35,613	$ 0
Unrealized Losses	$ (3,956)
Number of Securities | security	23
U.S. treasury
Available-for-sale securities
Estimated Fair Value	$ 57,584	35,185
Unrealized Losses	(4,447)	(215)
Estimated Fair Value	0	0
Unrealized Losses	0	0
Estimated Fair Value	57,584	35,185
Unrealized Losses	$ (4,447)	$ (215)
Number of Securities | security	10	4
U.S. agency
Available-for-sale securities
Estimated Fair Value	$ 0	$ 0
Unrealized Losses	0	0
Estimated Fair Value	4,128	5,919
Unrealized Losses	(74)	(100)
Estimated Fair Value	4,128	5,919
Unrealized Losses	$ (74)	$ (100)
Number of Securities | security	7	7
Obligations of states and political subdivisions
Available-for-sale securities
Estimated Fair Value	$ 25,847	$ 3,232
Unrealized Losses	(3,507)	(190)
Estimated Fair Value	0	0
Unrealized Losses	0	0
Estimated Fair Value	25,847	3,232
Unrealized Losses	$ (3,507)	$ (190)
Number of Securities | security	18	2
Held-to-maturity:
Estimated Fair Value	$ 21,804
Unrealized Losses	(3,158)
Estimated Fair Value	0
Unrealized Losses	0
Estimated Fair Value	21,804
Unrealized Losses	$ (3,158)
Number of Securities | security	8
Mortgage backed - residential
Available-for-sale securities
Estimated Fair Value	$ 93,258	$ 51,616
Unrealized Losses	(8,660)	(530)
Estimated Fair Value	29,914	25,246
Unrealized Losses	(6,211)	(1,108)
Estimated Fair Value	123,172	76,862
Unrealized Losses	$ (14,871)	$ (1,638)
Number of Securities | security	83	17
Held-to-maturity:
Estimated Fair Value	$ 8,603
Unrealized Losses	(561)
Estimated Fair Value	0
Unrealized Losses	0
Estimated Fair Value	8,603
Unrealized Losses	$ (561)
Number of Securities | security	10
Collateralized mortgage obligations
Available-for-sale securities
Estimated Fair Value	$ 226,159	$ 115,877
Unrealized Losses	(16,594)	(1,938)
Estimated Fair Value	0	193
Unrealized Losses	0	(1)
Estimated Fair Value	226,159	116,070
Unrealized Losses	$ (16,594)	$ (1,939)
Number of Securities | security	66	16
Held-to-maturity:
Estimated Fair Value	$ 5,206
Unrealized Losses	(237)
Estimated Fair Value	0
Unrealized Losses	0
Estimated Fair Value	5,206
Unrealized Losses	$ (237)
Number of Securities | security	5
Mortgage backed - commercial
Available-for-sale securities
Estimated Fair Value	$ 110,225	$ 32,872
Unrealized Losses	(12,712)	(581)
Estimated Fair Value	14,995	24,170
Unrealized Losses	(11)	(18)
Estimated Fair Value	125,220	57,042
Unrealized Losses	$ (12,723)	$ (599)
Number of Securities | security	23	5
Other debt
Available-for-sale securities
Estimated Fair Value	$ 15,307
Unrealized Losses	(1,458)
Estimated Fair Value	0
Unrealized Losses	0
Estimated Fair Value	15,307
Unrealized Losses	$ (1,458)
Number of Securities | security	9

Securities - Narrative (Details

Securities - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Schedule of Held-to-maturity Securities [Line Items]
Unrealized loss	$ 35,613,000		$ 35,613,000		$ 0
Proceeds from sale and maturity of securities	81,016,000	$ 0	81,016,000	$ 0
Gain or loss was recognized on securities sold	0		0
Asset Pledged as Collateral without Right
Schedule of Held-to-maturity Securities [Line Items]
Debt securities, carrying value	$ 509,301,000		$ 509,301,000		$ 465,665,000

Securities - Available-for-sa_2

Securities - Available-for-sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Amortized Cost
Due within 1 year	$ 45
Due after 1 year through 5 years	46,782
Due after 5 years through 10 years	176,411
Due after 10 years	409,171
Amortized Cost	632,409	$ 570,299
Estimated Fair Value
Due within 1 year	45
Due after 1 year through 5 years	45,592
Due after 5 years through 10 years	160,048
Due after 10 years	373,066
Total available-for-sale	578,751	572,501
Amortized Cost
Due after 1 year through 5 years	1,082
Due after 5 years through 10 years	173
Due after 10 years	38,548
Amortized Cost	39,803	18,007
Estimated Fair Value
Due after 1 year through 5 years	1,046
Due after 5 years through 10 years	179
Due after 10 years	34,630
Total held-to-maturity	$ 35,855	$ 18,599

Loans - Loans Held for Investme

Loans - Loans Held for Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 5,405,729		$ 4,046,642
Deferred costs, fees, premiums, and discounts, net	(17,801)		(9,519)
Allowance for loan losses	(56,077)	$ (50,509)	(47,547)	$ (42,978)	$ (47,214)	$ (47,766)
Total loans, net	5,331,851		3,989,576
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,679,774		2,414,787
Allowance for loan losses	(34,987)	(34,712)	(33,277)	(28,173)	(31,950)	(32,009)
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	1,760,670		1,176,973
Allowance for loan losses	(18,053)	(14,223)	(12,899)	(13,149)	(13,367)	(13,863)
Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	919,567		437,116
Allowance for loan losses	(2,719)	(1,342)	(1,136)	(1,305)	(1,573)	(1,606)
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	45,718		17,766
Allowance for loan losses	$ (318)	$ (232)	$ (235)	$ (351)	$ (324)	$ (288)

Loans - Narrative (Details)

Loans - Narrative (Details) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
PPP loans outstanding	$ 5,405,729,000	$ 5,405,729,000	$ 4,046,642,000
Deferred processing fees	(17,801,000)	(17,801,000)	(9,519,000)
Loans, allowance for loan losses	56,077,000	56,077,000	47,547,000	$ 50,509,000	$ 42,978,000	$ 47,214,000	$ 47,766,000
Recorded investment in troubled debt restructurings (TDRs)	21,692,000	21,692,000	21,699,000
Post-modification outstanding	3,174,000	3,174,000	9,878,000
Increase of allowance for loan losses from modification		898,000	2,326,000
TDRs loans charged off	0	0	0
Total loans modified as Troubled Debt Restructuring (TDRs) with a subsequent default			106,000
Accretable discount on loans acquired	10,496,000	10,496,000	571,000
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
PPP loans outstanding	2,679,774,000	2,679,774,000	2,414,787,000
Loans, allowance for loan losses	34,987,000	34,987,000	33,277,000	$ 34,712,000	$ 28,173,000	$ 31,950,000	$ 32,009,000
Post-modification outstanding		3,102,000	6,178,000
Paycheck Protection Program CARES Act | Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
PPP loans outstanding	26,429,000	26,429,000	68,401,000
Deferred processing fees	369,000	369,000	1,652,000
Loans, allowance for loan losses	$ 0	$ 0	$ 0

Loans - Allowance for Loan Loss

Loans - Allowance for Loan Losses by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Allowance for loan losses
Balance, beginning of period	$ 50,509	$ 47,214	$ 47,547	$ 47,766
Provision for (reversal of) loan losses	5,000	(1,400)	8,700	(1,750)
Loans charged off	(1,083)	(2,913)	(2,112)	(3,176)
Recoveries	1,651	77	1,942	138
Balance, end of period	56,077	42,978	56,077	42,978
Commercial
Allowance for loan losses
Balance, beginning of period	34,712	31,950	33,277	32,009
Provision for (reversal of) loan losses	(324)	(933)	1,937	(820)
Loans charged off	(947)	(2,894)	(1,950)	(3,102)
Recoveries	1,546	50	1,723	86
Balance, end of period	34,987	28,173	34,987	28,173
Commercial Real Estate
Allowance for loan losses
Balance, beginning of period	14,223	13,367	12,899	13,863
Provision for (reversal of) loan losses	3,829	(218)	5,153	(723)
Loans charged off	0	0	0	0
Recoveries	1	0	1	9
Balance, end of period	18,053	13,149	18,053	13,149
Residential real estate
Allowance for loan losses
Balance, beginning of period	1,342	1,573	1,136	1,606
Provision for (reversal of) loan losses	1,378	(284)	1,486	(319)
Loans charged off	(98)	0	(98)	(2)
Recoveries	97	16	195	20
Balance, end of period	2,719	1,305	2,719	1,305
Consumer
Allowance for loan losses
Balance, beginning of period	232	324	235	288
Provision for (reversal of) loan losses	117	35	124	112
Loans charged off	(38)	(19)	(64)	(72)
Recoveries	7	11	23	23
Balance, end of period	$ 318	$ 351	$ 318	$ 351

Loans - Allowance for Loan Lo_2

Loans - Allowance for Loan Losses and Recorded Investment by Portfolio Type based on Impairment Method (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment	$ 35,276		$ 33,722
Collectively evaluated for impairment	5,370,453		4,012,920
Total loans	5,405,729		4,046,642
Individually evaluated for impairment	1,362		2,568
Collectively evaluated for impairment	54,715		44,979
Total allowance for loan losses	56,077	$ 50,509	47,547	$ 42,978	$ 47,214	$ 47,766
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment	17,025		17,460
Collectively evaluated for impairment	2,662,749		2,397,327
Total loans	2,679,774		2,414,787
Individually evaluated for impairment	978		2,517
Collectively evaluated for impairment	34,009		30,760
Total allowance for loan losses	34,987	34,712	33,277	28,173	31,950	32,009
Commercial Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment	5,212		4,781
Collectively evaluated for impairment	1,755,458		1,172,192
Total loans	1,760,670		1,176,973
Individually evaluated for impairment	168		12
Collectively evaluated for impairment	17,885		12,887
Total allowance for loan losses	18,053	14,223	12,899	13,149	13,367	13,863
Residential real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment	12,967		11,479
Collectively evaluated for impairment	906,600		425,637
Total loans	919,567		437,116
Individually evaluated for impairment	147		39
Collectively evaluated for impairment	2,572		1,097
Total allowance for loan losses	2,719	1,342	1,136	1,305	1,573	1,606
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Individually evaluated for impairment	72		2
Collectively evaluated for impairment	45,646		17,764
Total loans	45,718		17,766
Individually evaluated for impairment	69		0
Collectively evaluated for impairment	249		235
Total allowance for loan losses	$ 318	$ 232	$ 235	$ 351	$ 324	$ 288

Loans - Impaired Financing Rece

Loans - Impaired Financing Receivables (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded - Unpaid Principal Balance	$ 30,046	$ 30,171
Impaired loans with no related allowance recorded - Recorded Investment	29,400	29,498
Impaired loans with no related allowance recorded - Average Recorded Investment	20,334	21,806
Impaired loans an allowance recorded - Unpaid Principal Balance	5,938	4,455
Impaired loans an allowance recorded - Recorded Investment	5,876	4,224
Impaired loans an allowance recorded - Allowance for Loan Losses Allocated	1,362	2,568
Impaired loans an allowance recorded - Average Recorded Investment	3,567	2,894
Impaired loans - Unpaid Principal Balance	35,984	34,626
Impaired loans - Recorded Investment	35,276	33,722
Impaired loans - Average Recorded Investment	23,901	24,700
Commercial
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded - Unpaid Principal Balance	13,167	14,619
Impaired loans with no related allowance recorded - Recorded Investment	12,706	13,982
Impaired loans with no related allowance recorded - Average Recorded Investment	9,115	10,637
Impaired loans an allowance recorded - Unpaid Principal Balance	4,395	3,666
Impaired loans an allowance recorded - Recorded Investment	4,319	3,478
Impaired loans an allowance recorded - Allowance for Loan Losses Allocated	978	2,517
Impaired loans an allowance recorded - Average Recorded Investment	2,826	2,375
Commercial real estate
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded - Unpaid Principal Balance	4,865	4,795
Impaired loans with no related allowance recorded - Recorded Investment	4,531	4,706
Impaired loans with no related allowance recorded - Average Recorded Investment	3,104	3,943
Impaired loans an allowance recorded - Unpaid Principal Balance	681	124
Impaired loans an allowance recorded - Recorded Investment	681	75
Impaired loans an allowance recorded - Allowance for Loan Losses Allocated	168	12
Impaired loans an allowance recorded - Average Recorded Investment	227	57
Residential real estate
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded - Unpaid Principal Balance	12,014	10,754
Impaired loans with no related allowance recorded - Recorded Investment	12,163	10,808
Impaired loans with no related allowance recorded - Average Recorded Investment	8,115	7,223
Impaired loans an allowance recorded - Unpaid Principal Balance	790	665
Impaired loans an allowance recorded - Recorded Investment	804	671
Impaired loans an allowance recorded - Allowance for Loan Losses Allocated	147	39
Impaired loans an allowance recorded - Average Recorded Investment	490	462
Consumer
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance recorded - Unpaid Principal Balance	0	3
Impaired loans with no related allowance recorded - Recorded Investment	0	2
Impaired loans with no related allowance recorded - Average Recorded Investment	0	$ 3
Impaired loans an allowance recorded - Unpaid Principal Balance	72
Impaired loans an allowance recorded - Recorded Investment	72
Impaired loans an allowance recorded - Allowance for Loan Losses Allocated	69
Impaired loans an allowance recorded - Average Recorded Investment	$ 24

Loans - Credit Risk Profile bas

Loans - Credit Risk Profile based on Bank’s Rating Categories (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	$ 5,405,729	$ 4,046,642
Non-Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	5,328,596	3,979,743
Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	77,133	66,899
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	2,679,774	2,414,787
Commercial | Non-Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	2,648,254	2,384,275
Commercial | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	31,520	30,512
Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,760,670	1,176,973
Commercial real estate | Non-Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	1,722,595	1,146,673
Commercial real estate | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	38,075	30,300
Residential real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	919,567	437,116
Residential real estate | Non-Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	912,102	431,033
Residential real estate | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	7,465	6,083
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	45,718	17,766
Consumer | Non-Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	45,645	17,762
Consumer | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	$ 73	$ 4

Loans - Aging of Loan Portfolio

Loans - Aging of Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Total loans	$ 5,405,729	$ 4,046,642
Loans Greater than 90 Days Past Due, Still Accruing	2,986	1,061
Nonaccrual	26,635	27,327
Commercial
Financing Receivable, Past Due [Line Items]
Total loans	2,679,774	2,414,787
Loans Greater than 90 Days Past Due, Still Accruing	71	0
Nonaccrual	16,069	16,492
Commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	1,760,670	1,176,973
Loans Greater than 90 Days Past Due, Still Accruing	2,325	1,061
Nonaccrual	3,029	4,781
Residential real estate
Financing Receivable, Past Due [Line Items]
Total loans	919,567	437,116
Loans Greater than 90 Days Past Due, Still Accruing	590	0
Nonaccrual	7,465	6,052
Consumer
Financing Receivable, Past Due [Line Items]
Total loans	45,718	17,766
Loans Greater than 90 Days Past Due, Still Accruing	0	0
Nonaccrual	72	2
Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total loans	5,320,095	3,995,028
Loans Not Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Total loans	2,626,082	2,392,205
Loans Not Past Due | Commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	1,744,726	1,160,244
Loans Not Past Due | Residential real estate
Financing Receivable, Past Due [Line Items]
Total loans	903,699	424,860
Loans Not Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Total loans	45,588	17,719
Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	20,686	22,193
Loans 30-59 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Total loans	16,493	5,467
Loans 30-59 Days Past Due | Commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	929	10,887
Loans 30-59 Days Past Due | Residential real estate
Financing Receivable, Past Due [Line Items]
Total loans	3,221	5,794
Loans 30-59 Days Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Total loans	43	45
Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	35,327	1,033
Loans 60-89 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Total loans	21,059	623
Loans 60-89 Days Past Due | Commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	9,661	0
Loans 60-89 Days Past Due | Residential real estate
Financing Receivable, Past Due [Line Items]
Total loans	4,592	410
Loans 60-89 Days Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Total loans	$ 15	$ 0

Loans - Troubled Debt Restructu

Loans - Troubled Debt Restructuring (Details) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($) security loan	Dec. 31, 2021 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan		3	12
Pre-Modification Outstanding Recorded Investment		$ 3,189	$ 10,650
Post-Modification Outstanding Recorded Investment	$ 3,174	$ 3,174	$ 9,878
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan		2	7
Pre-Modification Outstanding Recorded Investment		$ 3,117	$ 6,969
Post-Modification Outstanding Recorded Investment		$ 3,102	$ 6,178
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | security		1
Pre-Modification Outstanding Recorded Investment		$ 72
Post-Modification Outstanding Recorded Investment		$ 72
Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan			1
Pre-Modification Outstanding Recorded Investment			$ 2,295
Post-Modification Outstanding Recorded Investment			$ 2,265
Residential real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan			4
Pre-Modification Outstanding Recorded Investment			$ 1,386
Post-Modification Outstanding Recorded Investment			$ 1,435

Mortgage Servicing Rights - Unp

Mortgage Servicing Rights - Unpaid Principal Loan Balance of Servicing Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Unpaid Principal Balance Of Servicing Portfolio [Line Items]
Unpaid principal loan balance	$ 4,981,640	$ 4,761,832
Federal National Mortgage Association
Financing Receivable, Unpaid Principal Balance Of Servicing Portfolio [Line Items]
Unpaid principal loan balance	2,450,559	2,352,981
Federal Home Loan Mortgage Corporation
Financing Receivable, Unpaid Principal Balance Of Servicing Portfolio [Line Items]
Unpaid principal loan balance	1,606,175	1,512,858
Government National Mortgage Association
Financing Receivable, Unpaid Principal Balance Of Servicing Portfolio [Line Items]
Unpaid principal loan balance	805,313	759,524
Federal Home Loan Bank
Financing Receivable, Unpaid Principal Balance Of Servicing Portfolio [Line Items]
Unpaid principal loan balance	117,932	134,616
Other
Financing Receivable, Unpaid Principal Balance Of Servicing Portfolio [Line Items]
Unpaid principal loan balance	$ 1,661	$ 1,853

Mortgage Servicing Rights - Mor

Mortgage Servicing Rights - Mortgage Servicing Rights at Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Servicing Asset at Fair Value, Amount [Roll Forward]
Balance, beginning of period	$ 60,481	$ 39,342	$ 47,392	$ 29,144
Servicing resulting from transfers of financial assets	3,668	6,125	8,192	13,230
Due to changes in valuation inputs or assumptions used in the valuation model	4,049	(1,660)	14,872	4,261
Changes in fair value due to pay-offs, pay-downs, and runoff	(2,151)	(2,963)	(4,409)	(5,791)
Balance, end of period	$ 66,047	$ 40,844	$ 66,047	$ 40,844

Mortgage Servicing Rights - Wei

Mortgage Servicing Rights - Weighted-average Key Assumptions to Estimate Fair Value of MSRs (Details) - uSDPerLoan	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Transfers and Servicing [Abstract]
Discount rate	9.42%	9.21%	9.22%
Total prepayment speeds	7.97%	13.01%	11.52%
Cost of servicing each loan	87	86	85

Mortgage Servicing Rights - Sch

Mortgage Servicing Rights - Schedule of Servicing and Ancillary Fees from Mortgage Servicing Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Transfers and Servicing [Abstract]
Servicing fees	$ 3,477	$ 2,946	$ 6,696	$ 5,752
Late and ancillary fees	52	99	141	199
Total	$ 3,529	$ 3,045	$ 6,837	$ 5,951

Derivative Financial Instrume_3

Derivative Financial Instruments - The Components Of Derivative Financial Instruments (Details) $ in Thousands	Jun. 30, 2022 USD ($) transaction	Dec. 31, 2021 USD ($) transaction
Forward MBS trades
Assets
Outstanding Notional	$ 212,800	$ 450,600
Estimated Fair Value	173	1,329
Liabilities:
Outstanding Notional	49,800	16,600
Estimated Fair Value	530	52
Interest rate lock commitments (IRLC)
Assets
Outstanding Notional	123,124	142,334
Estimated Fair Value	$ 863	$ 1,350
Interest rate lock commitments (IRLC) | Derivative financial instruments designated as hedging instruments:
Assets
Number of Transactions | transaction	32	1
Outstanding Notional	$ 205,635	$ 20,190
Estimated Fair Value	$ 8,735	$ 1,213
Liabilities:
Number of Transactions | transaction		12
Outstanding Notional		$ 179,431
Estimated Fair Value		$ 7,107
Interest rate lock commitments (IRLC) | Derivative financial instruments not designated as hedging instruments:
Assets
Number of Transactions | transaction	40	38
Outstanding Notional	$ 256,884	$ 232,849
Estimated Fair Value	$ 16,243	$ 6,923
Liabilities:
Number of Transactions | transaction	40	38
Outstanding Notional	$ 256,884	$ 232,849
Estimated Fair Value	$ 15,941	$ 7,366

Derivative Financial Instrume_4

Derivative Financial Instruments - Gains And Losses On Banking Derivatives Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Banking Derivative Assets
Derivative Instruments, Gain (Loss) [Line Items]
Recorded gain (loss) on banking derivative	$ 5,260	$ 517	$ 15,069	$ (234)
Banking Derivative Liability
Derivative Instruments, Gain (Loss) [Line Items]
Recorded gain (loss) on banking derivative	(4,960)	(886)	(14,324)	589
Mortgage Banking Derivative Asset
Derivative Instruments, Gain (Loss) [Line Items]
Recorded gain (loss) on banking derivative	(3,565)	(7)	1,912	(9,477)
Mortgage Banking Derivative Liability
Derivative Instruments, Gain (Loss) [Line Items]
Recorded gain (loss) on banking derivative	$ (1,520)	$ 110	$ (14,096)	$ 2,527

Derivative Financial Instrume_5

Derivative Financial Instruments - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Derivative [Line Items]
Fair value of derivatives in a net liability position	$ 16,014,000		$ 16,014,000		$ 14,882,000
Posted collateral aggregate fair value	7,290,000		7,290,000		14,970,000
Loans Receivable
Derivative [Line Items]
Carrying amount of hedged loans receivable	152,084,000		152,084,000		205,235,000
Cumulative amount of fair value hedging adjustment	(7,332,000)		(7,332,000)		5,614,000
Available-for-sale securities
Derivative [Line Items]
Carrying amount of hedged loans receivable	37,549,000		37,549,000		$ 0
Cumulative amount of fair value hedging adjustment	1,098,000		1,098,000
Derivative financial instruments not designated as hedging instruments:
Derivative [Line Items]
Fee income	$ 789,000	$ 390,000	$ 802,000	$ 834,000

Deposits - Composition of Depos

Deposits - Composition of Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Statistical Disclosure for Banks [Abstract]
Noninterest-bearing demand deposit accounts	$ 1,942,078	$ 1,566,113
Interest-bearing deposit accounts:
Interest-bearing demand accounts	165,287	187,712
Savings accounts and money market accounts	3,204,704	2,757,882
NOW accounts	50,126	19,496
Certificate of deposit accounts:
Less than $100	217,361	147,386
$100 through $250	217,189	103,082
Greater than $250	136,277	73,277
Total interest-bearing deposit accounts	3,990,944	3,288,835
Total deposits	$ 5,933,022	$ 4,854,948

Deposits - Interest Expense Inc

Deposits - Interest Expense Incurred on Deposits (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest-bearing deposit accounts:
Interest-bearing demand accounts	$ 190	$ 114	$ 284	$ 211
Savings accounts and money market accounts	1,305	1,262	2,236	2,513
NOW accounts	39	172	69	286
Certificate of deposit accounts	638	801	1,157	1,743
Total interest-bearing deposit accounts	$ 2,172	$ 2,349	$ 3,746	$ 4,753

Deposits - Remaining Maturity o

Deposits - Remaining Maturity on Certificate of Deposit Accounts (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Maturities of Time Deposits [Abstract]
Remainder of 2022	$ 1,765
2023	286,619
2024	177,054
2025	58,434
2026	30,780
2027	11,406
Thereafter	4,769
Total certificate of deposit accounts	$ 570,827

Securities Sold Under Agreeme_3

Securities Sold Under Agreements to Repurchase (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned [Abstract]
Amount outstanding at period-end	$ 70,838	$ 92,093
Average daily balance during the period	$ 63,795	$ 125,867
Average interest rate during the period	0.24%	0.05%
Maximum month-end balance during the period	$ 70,838	$ 160,865
Weighted average interest rate at period-end	0.39%	0.05%
Securities sold under agreements to repurchase, pledged securities	$ 77,155	$ 108,714

Debt - FHLB Advances and Other

Debt - FHLB Advances and Other Borrowings Outstanding (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Federal Home Loan Bank advances	$ 159,968	$ 40,000
Variable rate line-of-credit advance | Federal Home Loan Bank stock
Short-term Debt [Line Items]
Federal Home Loan Bank advances	0	0
Fixed rate term advances | Federal Home Loan Bank stock
Short-term Debt [Line Items]
Federal Home Loan Bank advances	$ 159,968	$ 40,000
Weighted Average Rate	1.70%	1.49%
Minimum | Fixed rate term advances | Federal Home Loan Bank stock
Short-term Debt [Line Items]
Debt effective interest rate	1.19%	0.91%
Maximum | Fixed rate term advances | Federal Home Loan Bank stock
Short-term Debt [Line Items]
Debt effective interest rate	1.90%	2.59%

Debt - Narrative (Details)

Debt - Narrative (Details)	3 Months Ended				6 Months Ended
	Jun. 30, 2022 USD ($)	Jan. 13, 2022 USD ($)	Jun. 30, 2021 USD ($)	Aug. 31, 2020 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2020	Jun. 19, 2017 USD ($)
Debt Conversion [Line Items]
Loans pledged to the FHLB	$ 1,288,233,000				$ 1,288,233,000			$ 1,180,493,000
Advance from FHLB	$ 20,000,000				$ 20,000,000
Interest rate of FHLB advances	1.19%				1.19%
Total borrowing capacity with the FHLB	$ 902,392,000				$ 902,392,000			597,915,000
Additional borrowing availability with the FHLB	764,969,000				764,969,000
Repayment of convertible notes payable					15,217,000	$ 0
Trust preferred securities, aggregate liquidation valuation amount	419,000				419,000
Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust I (NMBCT I)
Debt Conversion [Line Items]
Debt instrument, face amount	9,279,000				9,279,000
Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust II (NMBCT II)
Debt Conversion [Line Items]
Debt instrument, face amount	4,640,000				4,640,000
Convertible Notes Payable | Convertible Debt
Debt Conversion [Line Items]
Debt instrument, face amount	$ 5,456,000				$ 5,456,000			20,673,000
Debt instrument, interest rate	3.29%				3.29%
Convertible debt, conversion ratio					0.0156717
Debt discount on the convertible notes	$ 177,000				$ 177,000			$ 1,231,000		$ 4,682,000
Amortization of debt discount	529,000		$ 186,000		1,055,000	$ 373,000
Repayment of convertible notes payable	8,468,000
Subordinated Notes Due July 1, 2030 | Subordinated Debt
Debt Conversion [Line Items]
Debt instrument, face amount				$ 40,000,000
Debt instrument, interest rate				6%					6%
Costs related to the issuance of the subordinated notes				$ 933,000
Subordinated Notes Due January 15, 2032 | Subordinated Debt
Debt Conversion [Line Items]
Debt instrument, face amount		$ 25,000,000
Debt instrument, interest rate		3.375%
Costs related to the issuance of the subordinated notes							$ 534,000
Subordinated Debt related to Trust Preferred Securities | Subordinated Debt
Debt Conversion [Line Items]
Debt instrument, face amount	13,919,000				13,919,000
Debt discount on the convertible notes	4,293,000				4,293,000
Line of Credit | Other Financial Institutions
Debt Conversion [Line Items]
Line of credit facility, maximum borrowing capacity	$ 155,000,000				155,000,000
Amount drawn from line of credit					$ 0
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subordinated Notes Due July 1, 2030 | Subordinated Debt
Debt Conversion [Line Items]
Interest rate margin on variable rate basis				5.89%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subordinated Notes Due January 15, 2032 | Subordinated Debt
Debt Conversion [Line Items]
Interest rate margin on variable rate basis		2.03%
London Interbank Offered Rate (LIBOR) | Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust I (NMBCT I)
Debt Conversion [Line Items]
Interest rate margin on variable rate basis					3.35%
Debt effective interest rate	4.35%		3.54%		4.35%	3.54%
London Interbank Offered Rate (LIBOR) | Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust II (NMBCT II)
Debt Conversion [Line Items]
Interest rate margin on variable rate basis					2%
Debt effective interest rate	3.50%		2.19%		3.50%	2.19%
Federal Reserve Bank stock | Line of Credit
Debt Conversion [Line Items]
Line of credit facility, maximum borrowing capacity	$ 6,942,000				$ 6,942,000
Federal Reserve Bank stock | Fed Funds target rate | Line of Credit
Debt Conversion [Line Items]
Interest rate margin on variable rate basis					0.50%

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income applicable to common stockholders, basic	$ 430	$ 11,281	$ 8,099	$ 25,619
Net income applicable to common stockholders, diluted	$ 430	$ 11,281	$ 8,099	$ 25,619
Weighted Average Shares
Weighted average common shares outstanding (in shares)	24,760,282	18,321,659	21,570,924	18,321,659
Effect of dilutive securities
Stock-based awards (in shares)	698,029	439,375	624,890	401,169
Weighted average diluted common shares (in shares)	25,458,311	18,761,034	22,195,814	18,722,828
Earnings per common share
Basic earnings per common share (in usd per share)	$ 0.02	$ 0.62	$ 0.38	$ 1.40
Effect of dilutive securities
Stock-based awards (in usd per share)	0	(0.02)	(0.02)	(0.03)
Diluted earnings per common share (in usd per share)	$ 0.02	$ 0.60	$ 0.36	$ 1.37

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Convertible notes payable
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from computation of diluted earnings per share (in shares)	66,344	66,344	323,984	323,984
Stock-based awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from computation of diluted earnings per share (in shares)	26,249	26,249	54,157	54,157

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	$ 515,541	$ 497,861	$ 524,038	$ 485,787
Income tax effect	(24,769)	864	(41,101)	(1,977)
Balance, ending of period	727,542	510,582	727,542	510,582
Securities available-for-sale:
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	(14,668)	6,278	1,664	9,119
Unrealized gain (loss)	(34,242)	1,143	(55,860)	(2,619)
Income tax effect	8,375	(279)	13,661	642
Net unrealized gain (loss)	(25,867)	864	(42,199)	(1,977)
Balance, ending of period	(40,535)	7,142	(40,535)	7,142
Fair value hedges of securities available-for-sale:
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	0	0	0	0
Unrealized gain (loss)	1,390	0	1,390	0
Income tax effect	(292)	0	(292)	0
Net unrealized gain (loss)	1,098	0	1,098	0
Balance, ending of period	$ 1,098	$ 0	$ 1,098	$ 0

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	May 31, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Option awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)				0
Exercised (in shares)				101,171
Intrinsic value of the stock options		$ 3,422		$ 3,422
FirstSun Capital Bancorp 2017 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares of common stock (in shares)		1,977,292		1,977,292
Granted (in shares)				0
Exercised (in shares)				0
Forfeited (in shares)				0
Total unrecognized compensation cost related to non-vested stock options granted		$ 856		$ 856
Total unrecognized compensation cost related to non-vested stock options granted, period				3 years
Intrinsic value of the stock options		$ 19,243		$ 19,243		$ 18,042
FirstSun Capital Bancorp 2021 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate shares of common stock (in shares)		2,476,571		2,476,571
Total unrecognized compensation cost related to non-vested stock options granted		$ 337		$ 337
Issued restricted stock with performance conditions	11,344,000
FirstSun Capital Bancorp Long-Term Incentive Plan ("LTIP")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost related to non-vested stock options granted		2,739		$ 2,739
Issued restricted stock with performance conditions				83,731
FirstSun Capital Bancorp 2017, 2021 And 2022 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, compensation cost		$ 454	$ 576	$ 620	$ 1,153

Stockholders' Equity - Summary

Stockholders' Equity - Summary Of Stock Option Activity (Details) - $ / shares	6 Months Ended
	Jun. 30, 2022
Option awards
Shares
Outstanding, beginning balance (in shares)	0
Options assumed from Pioneer Bancshares, Inc. (in shares)	431,645
Exercised (in shares)	(101,171)
Outstanding, ending balance (in shares)	330,474
Options vested or expected to vest (in shares)	330,474
Options exercisable, end of period (in shares)	330,474
Weighted-Average Exercise Price, per Share
Outstanding, beginning balance (in dollars per share)	$ 0
Options assumed from Pioneer Bancshares, Inc. (in dollars per share)	23.32
Exercised (in dollars per share)	22.80
Outstanding, ending balance (in dollars per share)	23.45
Weighted-average exercise price, options vested or expected to vest (in dollars per share)	23.45
Weighted-average exercise price, options exercisable, end of period (in dollars per share)	$ 23.45
Weighted-Average Remaining Contractual Term (years)
Outstanding	5 years 8 months 1 day
Options exercisable	5 years 8 months 1 day
2017 Equity Incentive Plan
Shares
Outstanding, ending balance (in shares)	1,412,900
Options vested or expected to vest (in shares)	1,412,900
Options exercisable, end of period (in shares)	1,296,017
Weighted-Average Exercise Price, per Share
Outstanding, ending balance (in dollars per share)	$ 20.19
Weighted-average exercise price, options vested or expected to vest (in dollars per share)	20.19
Weighted-average exercise price, options exercisable, end of period (in dollars per share)	$ 20
Weighted-Average Remaining Contractual Term (years)
Outstanding	5 years 8 months 19 days
Options exercisable	5 years 6 months 10 days

Income Taxes - Provision For In

Income Taxes - Provision For Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Provision for (benefit from) income taxes	$ (211)	$ 2,178	$ 931	$ 5,308
Effective tax provision rate	(96.30%)	16.20%	10.30%	17.20%

Regulatory Capital Matters (Det

Regulatory Capital Matters (Details) $ in Thousands	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Parent Company
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital to risk-weighted assets, actual amount	$ 758,779	$ 563,112
Total risk-based capital to risk-weighted assets, actual ratio	0.1160	0.1176
Total risk-based capital to risk-weighted assets, capital adequacy purposes, amount	$ 523,368	$ 383,213
Total risk-based capital to risk-weighted assets, capital adequacy purposes, ratio	0.0800	0.0800
Tier 1 risk-based capital to risk-weighted assets, actual amount	$ 627,109	$ 464,761
Tier 1 risk-based capital to risk-weighted assets, actual ratio	0.0959	0.0970
Tier 1 risk-based capital to risk-weighted assets, capital adequacy purposes, amount	$ 392,526	$ 287,410
Tier 1 risk-based capital to risk-weighted assets, capital adequacy purposes, ratio	0.0600	0.0600
Common Equity Tier 1 (CET 1) to risk-weighted assets, actual amount	$ 627,109	$ 464,761
Common Equity Tier 1 (CET 1) to risk-weighted assets, actual ratio	0.0959	0.0970
Common Equity Tier 1 (CET 1) to risk-weighted assets, capital adequacy purposes, amount	$ 294,394	$ 215,557
Common Equity Tier 1 (CET 1) to risk-weighted assets, capital adequacy purposes, ratio	0.0450	0.0450
Tier 1 leverage capital to average assets, actual amount	$ 627,109	$ 464,761
Tier 1 leverage capital to average assets, actual ratio	0.0889	0.0824
Tier 1 leverage capital to average assets, capital adequacy purposes, amount	$ 282,221	$ 225,736
Tier 1 leverage capital to average assets, capital adequacy purposes, ratio	0.0400	0.0400
Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital to risk-weighted assets, actual amount	$ 750,485	$ 571,463
Total risk-based capital to risk-weighted assets, actual ratio	0.1150	0.1196
Total risk-based capital to risk-weighted assets, capital adequacy purposes, amount	$ 522,085	$ 382,106
Total risk-based capital to risk-weighted assets, capital adequacy purposes, ratio	0.0800	0.0800
Total risk-based capital to risk-weighted assets, to be well-capitalized under prompt corrective action provisions, amount	$ 652,606	$ 477,633
Total risk-based capital to risk-weighted assets, to be well-capitalized under prompt corrective action provisions, ratio	0.1000	0.1000
Tier 1 risk-based capital to risk-weighted assets, actual amount	$ 693,495	$ 523,128
Tier 1 risk-based capital to risk-weighted assets, actual ratio	0.1063	0.1095
Tier 1 risk-based capital to risk-weighted assets, capital adequacy purposes, amount	$ 391,564	$ 286,580
Tier 1 risk-based capital to risk-weighted assets, capital adequacy purposes, ratio	0.0600	0.0600
Tier 1 risk-based capital to risk-weighted assets, to be well-capitalized under prompt corrective action provisions, amount	$ 522,085	$ 382,106
Tier 1 risk-based capital to risk-weighted assets, to be well-capitalized under prompt corrective action provisions, ratio	0.0800	0.0800
Common Equity Tier 1 (CET 1) to risk-weighted assets, actual amount	$ 693,495	$ 523,128
Common Equity Tier 1 (CET 1) to risk-weighted assets, actual ratio	0.1063	0.1095
Common Equity Tier 1 (CET 1) to risk-weighted assets, capital adequacy purposes, amount	$ 293,673	$ 214,935
Common Equity Tier 1 (CET 1) to risk-weighted assets, capital adequacy purposes, ratio	0.0450	0.0450
Common Equity Tier 1 (CET 1) to risk-weighted assets, to be well-capitalized under prompt corrective action provisions, amount	$ 424,194	$ 310,462
Common Equity Tier 1 (CET 1) to risk-weighted assets, to be well-capitalized under prompt corrective action provisions, ratio	0.0650	0.0650
Tier 1 leverage capital to average assets, actual amount	$ 693,495	$ 523,128
Tier 1 leverage capital to average assets, actual ratio	0.0983	0.0927
Tier 1 leverage capital to average assets, capital adequacy purposes, amount	$ 282,192	$ 225,650
Tier 1 leverage capital to average assets, capital adequacy purposes, ratio	0.0400	0.0400
Tier 1 leverage capital to average assets, to be well-capitalized under prompt corrective action provisions, amount	$ 352,740	$ 282,062
Tier 1 leverage capital to average assets, to be well-capitalized under prompt corrective action provisions, ratio	0.0500	0.0500

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Mortgage servicing rights	$ 66,047	$ 60,481	$ 47,392	$ 40,844	$ 39,342	$ 29,144
Fair Value, Recurring
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Available-for-sale securities	578,751		572,501
Loans held-for-sale	61,253		103,939
Mortgage servicing rights	66,047		47,392
Derivative financial instruments - assets	26,014		10,815
Derivative financial instruments - liabilities	(16,471)		(14,525)
Total	715,594		720,122
Fair Value, Recurring | Fair Value, Inputs, Level 1
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Available-for-sale securities	57,584		35,185
Loans held-for-sale	0		0
Mortgage servicing rights	0		0
Derivative financial instruments - assets	0		0
Derivative financial instruments - liabilities	0		0
Total	57,584		35,185
Fair Value, Recurring | Fair Value, Inputs, Level 2
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Available-for-sale securities	521,167		537,316
Loans held-for-sale	61,253		103,939
Mortgage servicing rights	0		0
Derivative financial instruments - assets	26,014		10,815
Derivative financial instruments - liabilities	(16,471)		(14,525)
Total	591,963		637,545
Fair Value, Recurring | Fair Value, Inputs, Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Available-for-sale securities	0		0
Loans held-for-sale	0		0
Mortgage servicing rights	66,047		47,392
Derivative financial instruments - assets	0		0
Derivative financial instruments - liabilities	0		0
Total	$ 66,047		$ 47,392

Fair Value Measurements - Fai_2

Fair Value Measurements - Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period	$ 60,481	$ 39,342	$ 47,392	$ 29,144
Total gains (losses) included in earnings	1,898	(4,623)	10,463	(1,530)
Purchases, issuances, sales and settlements:
Issuances	3,668	6,125	8,192	13,230
Balance, end of period	$ 66,047	$ 40,844	$ 66,047	$ 40,844

Fair Value Measurements - Fai_3

Fair Value Measurements - Fair Value Measurements, Nonrecurring (Details) - Fair Value, Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 4,514	$ 1,656
Other real estate owned and foreclosed assets, net	5,391	5,487
Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,341	961
Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	513	63
Other real estate owned and foreclosed assets, net	5,391	5,067
Residential real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	657	632
Other real estate owned and foreclosed assets, net	0	420
Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 3	$ 0

Fair Value Measurements - Fai_4

Fair Value Measurements - Fair Value by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets:
Securities held-to-maturity	$ 35,855	$ 18,599
Restricted equity securities	27,839	16,239
Liabilities:
Securities sold under agreements to repurchase	70,838	92,093
Carrying Value
Assets:
Cash and cash equivalents	510,701	668,462
Securities held-to-maturity	39,803	18,007
Loans (excluding impaired loans)	5,352,818	4,003,712
Restricted equity securities	27,839	16,239
Accrued interest receivable	20,304	14,761
Liabilities:
Deposits (excluding demand deposits)	3,825,657	3,101,123
Securities sold under agreements to repurchase	70,838	92,093
FHLB advances	159,968	40,000
Convertible notes payable, net	5,279	19,442
Subordinated debt, net	74,680	50,016
Accrued interest payable	2,731	2,369
Estimated Fair Value
Assets:
Cash and cash equivalents	510,701	668,462
Securities held-to-maturity	35,855	18,599
Loans (excluding impaired loans)	5,271,345	3,949,719
Restricted equity securities	27,839	16,239
Accrued interest receivable	20,304	14,761
Liabilities:
Deposits (excluding demand deposits)	3,815,454	3,106,464
Securities sold under agreements to repurchase	70,838	92,093
FHLB advances	160,823	41,514
Convertible notes payable, net	6,944	21,564
Subordinated debt, net	78,193	52,264
Accrued interest payable	2,731	2,369
Estimated Fair Value | Level 1
Assets:
Cash and cash equivalents	510,701	668,462
Securities held-to-maturity	0	0
Loans (excluding impaired loans)	0	0
Restricted equity securities	0	0
Accrued interest receivable	0	0
Liabilities:
Deposits (excluding demand deposits)	0	0
Securities sold under agreements to repurchase	0	0
FHLB advances	0	0
Convertible notes payable, net	0	0
Subordinated debt, net	0	0
Accrued interest payable	0	0
Estimated Fair Value | Level 2
Assets:
Cash and cash equivalents	0	0
Securities held-to-maturity	35,855	18,599
Loans (excluding impaired loans)	0	0
Restricted equity securities	27,839	16,239
Accrued interest receivable	1,877	1,131
Liabilities:
Deposits (excluding demand deposits)	3,815,454	3,106,464
Securities sold under agreements to repurchase	70,838	92,093
FHLB advances	160,823	41,514
Convertible notes payable, net	6,944	21,564
Subordinated debt, net	78,193	52,264
Accrued interest payable	2,731	2,369
Estimated Fair Value | Level 3
Assets:
Cash and cash equivalents	0	0
Securities held-to-maturity	0	0
Loans (excluding impaired loans)	5,271,345	3,949,719
Restricted equity securities	0	0
Accrued interest receivable	18,427	13,630
Liabilities:
Deposits (excluding demand deposits)	0	0
Securities sold under agreements to repurchase	0	0
FHLB advances	0	0
Convertible notes payable, net	0	0
Subordinated debt, net	0	0
Accrued interest payable	$ 0	$ 0

Segment Information - Narrative

Segment Information - Narrative (Details)	6 Months Ended
	Jun. 30, 2022 segment
Segment Reporting [Abstract]
Number of operating segments	2

Segment Information - Schedule

Segment Information - Schedule of Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net interest income	$ 58,585	$ 36,400	$ 99,870	$ 74,817
Provision for (reversal of) loan losses	5,000	(1,400)	8,700	(1,750)
Noninterest income:
Service charges on deposit accounts	4,379	2,645	8,304	5,188
Credit and debit card fees	2,990	2,544	5,405	4,668
Trust and investment advisory fees	1,909	1,992	3,856	3,897
Income from mortgage banking services, net	11,671	22,936	26,232	47,993
Other noninterest income	1,353	2,166	2,198	4,418
Total noninterest income	22,302	32,283	45,995	66,164
Noninterest expense:
Salary and employee benefits	35,248	38,449	69,473	77,068
Occupancy and equipment	7,753	6,527	14,586	13,224
Other noninterest expenses	32,667	11,648	44,076	21,512
Total noninterest expense	75,668	56,624	128,135	111,804
Income (loss) before income taxes	219	13,459	9,030	30,927
Other Information
Depreciation expense	1,971	1,590	3,385	3,179
Identifiable assets	7,060,692	5,563,076	7,060,692	5,563,076	$ 5,666,814
Operating Segments | Banking
Segment Reporting Information [Line Items]
Net interest income	58,164	35,511	99,447	73,220
Provision for (reversal of) loan losses	3,823	(1,331)	6,630	(1,419)
Noninterest income:
Service charges on deposit accounts	4,379	2,645	8,304	5,188
Credit and debit card fees	2,990	2,544	5,405	4,668
Trust and investment advisory fees	1,909	1,992	3,856	3,897
Income from mortgage banking services, net	(291)	(671)	(1,271)	(1,110)
Other noninterest income	1,354	2,167	2,207	4,425
Total noninterest income	10,341	8,677	18,501	17,068
Noninterest expense:
Salary and employee benefits	23,951	24,335	46,670	47,507
Occupancy and equipment	6,891	5,775	12,747	11,681
Other noninterest expenses	27,171	7,188	35,057	13,711
Total noninterest expense	58,013	37,298	94,474	72,899
Income (loss) before income taxes	6,669	8,221	16,844	18,808
Other Information
Depreciation expense	1,861	1,413	3,172	2,912
Identifiable assets	6,361,838	4,950,341	6,361,838	4,950,341
Operating Segments | Mortgage Operations
Segment Reporting Information [Line Items]
Net interest income	2,060	2,024	3,701	3,864
Provision for (reversal of) loan losses	1,177	(69)	2,070	(331)
Noninterest income:
Service charges on deposit accounts	0	0	0	0
Credit and debit card fees	0	0	0	0
Trust and investment advisory fees	0	0	0	0
Income from mortgage banking services, net	11,962	23,607	27,503	49,103
Other noninterest income	(1)	(1)	(9)	(7)
Total noninterest income	11,961	23,606	27,494	49,096
Noninterest expense:
Salary and employee benefits	10,518	13,799	21,932	29,072
Occupancy and equipment	861	751	1,838	1,542
Other noninterest expenses	3,953	3,145	7,125	6,322
Total noninterest expense	15,332	17,695	30,895	36,936
Income (loss) before income taxes	(2,488)	8,004	(1,770)	16,355
Other Information
Depreciation expense	110	177	213	267
Identifiable assets	661,307	577,798	661,307	577,798
Corporate
Segment Reporting Information [Line Items]
Net interest income	(1,639)	(1,135)	(3,278)	(2,267)
Provision for (reversal of) loan losses	0	0	0	0
Noninterest income:
Service charges on deposit accounts	0	0	0	0
Credit and debit card fees	0	0	0	0
Trust and investment advisory fees	0	0	0	0
Income from mortgage banking services, net	0	0	0	0
Other noninterest income	0	0	0	0
Total noninterest income	0	0	0	0
Noninterest expense:
Salary and employee benefits	779	315	871	489
Occupancy and equipment	1	1	1	1
Other noninterest expenses	1,543	1,315	1,894	1,479
Total noninterest expense	2,323	1,631	2,766	1,969
Income (loss) before income taxes	(3,962)	(2,766)	(6,044)	(4,236)
Other Information
Depreciation expense	0	0	0	0
Identifiable assets	$ 37,547	$ 34,937	$ 37,547	$ 34,937

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
	Nov. 05, 2021 USD ($) wireTransfer	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Loss Contingencies [Line Items]
Rent expense		$ 2,006	$ 1,612	$ 3,776	$ 3,314
Commitments including funding of fixed-rate loans				217,969		$ 144,701
Commitments including funding of variable-rates loans				2,090,854		987,584
Maximum potential amount of future payments required under the Commitments		12,880		12,880		12,870
Wire Transfer Litigation
Loss Contingencies [Line Items]
Number of purportedly fraudulent and unauthorized wire transfers | wireTransfer	6
Loss contingency, damages sought, value	$ 5,100
Standby Letters of Credit
Loss Contingencies [Line Items]
Standby letters of credit commitment		$ 16,223		$ 16,223		$ 11,729
Minimum
Loss Contingencies [Line Items]
Fixed-rate interest		2.19%		2.19%		0.85%
Maturity period				1 month		1 month
Maximum
Loss Contingencies [Line Items]
Fixed-rate interest		18%		18%		18%
Maturity period				11 years		26 years