(non-GAAP)                9.27%           10.28%            6.11%           11.19%           12.03%            8.58%            12.97% 
Efficiency ratio excluding merger related expenses: 
Efficiency ratio 
 (GAAP)                       65.83%           66.42%           66.05%           58.58%           61.02%           66.10%            60.19% 
  Less: Impact of 
   merger related 
   expenses                   (1.67)%          (1.09)%          (2.66)%             --%              --%           (1.80)%              --% 
                         ----------       ----------       ----------       ----------       ----------       ----------        ---------- 
    Efficiency ratio 
     excluding merger 
     related expenses 
     (non-GAAP)               64.16%           65.33%           63.39%           58.58%           61.02%           64.30%            60.19% 
                         ==========       ==========       ==========       ==========       ==========       ==========        ========== 
Diluted earnings per share excluding merger costs: 
Diluted earnings per 
 share (GAAP)           $      0.79      $      0.88      $      0.45      $      0.94      $      1.00      $      2.12       $      3.13 
    Add: Impact of 
     merger costs, net 
     of tax                    0.05             0.02             0.08               --               --             0.15                -- 
                         ----------       ----------       ----------       ----------       ----------       ----------  ---   ---------- 
      Diluted earnings 
       per share 
       excluding 
       merger costs 
       (non-GAAP)       $      0.84      $      0.90      $      0.53      $      0.94      $      1.00      $      2.27       $      3.13 
Fully tax equivalent ("FTE") net interest income and net interest margin on FTE basis: 
Net interest income 
 (GAAP)                 $    76,158      $    72,899      $    70,806      $    72,069      $    73,410      $   219,863       $   221,362 
Gross income effect of 
 tax exempt income            1,132            1,156            1,318            1,270            1,286            3,606             3,816 
                         ----------       ----------       ----------       ----------       ----------       ----------  ---   ---------- 
  FTE net interest 
   income (non-GAAP)    $    77,290      $    74,055      $    72,124      $    73,339      $    74,696      $   223,469       $   225,178 
                         ==========       ==========       ==========       ==========       ==========       ==========  ===   ========== 
Average earning assets  $ 7,430,357      $ 7,256,763      $ 7,100,323      $ 7,066,688      $ 6,947,500      $ 7,263,093       $ 6,891,380 
Net interest margin            4.10%            4.02%            3.99%            4.08%            4.23%            4.04%             4.28% 
                         ==========       ==========       ==========       ==========       ==========       ==========        ========== 
Net interest margin on 
 FTE basis (non-GAAP)          4.16%            4.08%            4.06%            4.15%            4.30%            4.10%             4.36% 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20241022703858/en/

 
    CONTACT:    Investor Contact: 

Ed Jacques

Director of Investor Relations & Business Development, FirstSun

214.473.7958 | Investor.Relations@firstsuncb.com

Media Contact:

Jeanne Lipson

Vice President of Marketing, Sunflower Bank

915.881.6785 | Jeanne.Lipson@SunflowerBank.com

(END) Dow Jones Newswires

October 28, 2024 17:15 ET (21:15 GMT)