Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 4

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
Retained EarningsAccumulated Other Comprehensive LossTotal Shareholders’ Equity(in thousands, except per share amounts)Shares AmountBalance at December 31, 202317,256,989 $220,505 $77,036 $(11,767)$285,774 Net income— — 21,413 — 21,413 Other comprehensive loss— — — (465)(465)Common stock issued3,967,500 80,870 — — 80,870 Stock issued under stock award plans96,380 — — — — Stock compensation expense— 593 — — 593 Stock forfeitures(1,286)— — — — Cash dividends paid ($0.40 per share)— — (7,715)— (7,715)Balance at June 30, 202421,319,583 $301,968 $90,734 $(12,232)$380,470 Balance at December 31, 202421,319,083 $302,531 $106,464 $(12,371)$396,624 Net income— — 27,619 — 27,619 Other comprehensive income— — — 413 413 Stock issued under stock award plans42,241 — — — — Stock compensation expense— 624 — — 624 Stock forfeitures(333)— — — — Cash dividends paid ($0.40 per share)— — (8,538)— (8,538)Balance at June 30, 202521,360,991 $303,155 $125,545 $(11,958)$416,742 

See accompanying notes to unaudited consolidated financial statements.

5

FIVE STAR BANCORP AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Six Months Ended June 30,(in thousands)20252024Cash flows from operating activities:Net income$27,619 $21,413 Adjustments to reconcile net income to net cash provided by operating activities:Provision for credit losses4,400 2,900 Depreciation and amortization906 938 Amortization of deferred loan fees and costs331 9 Amortization of premiums and discounts on securities425 478