Colorado’s FirstSun Capital Bancorp and Washington’s HomeStreet Inc. Pursue Merger Under Texas State Charter

On April 30, Denver, Colorado-based FirstSun Capital Bancorp and Seattle, Washington-based HomeStreet Inc. announced that they have mutually agreed to amend their definitive merger agreement that was entered into on January 16. Among the amendments is the provision that “the combined company’s ongoing banking operations will operate under a Texas state charter with FirstSun Capital … Read more

A Review of the 2021 Paycheck Protection Program

The 2021 release of the Paycheck Protection Program (PPP) is part of the Consolidated Appropriations Act (CAA), which was signed into law on December 27, 2020. The new release of the program arrived at the right time, as the health of small businesses had deteriorated toward the end of 2020. In this report, we first … Read more