Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 5

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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Amortization of subordinated note issuance costs73 73 Amortization of low income housing tax credits681 — Stock compensation expense624 593 Earnings on BOLI(381)(300)Deferred tax provision712 15 Loans originated for sale(1,384)(17,414)Gain on sale of loans(244)(818)Gross proceeds from sale of loans3,531 12,909 Gain on equity investment(399)(300)Net changes in:Interest receivable and other assets(955)4,067 Interest payable and other liabilities(2,131)(7,808)Operating lease liability(546)(484)Net cash provided by operating activities33,262 16,271 Cash flows from investing activities:Maturities, prepayments, and calls of securities available-for-sale4,135 3,844 Capital call for equity investment(1,285)(1,269)Proceeds received from equity investment— 300 Low income housing tax credits(5,381)(1,160)Net change in time deposits in banks3,272 1,761 Loan originations, net of repayments(226,659)(174,992)Purchase of premises and equipment(344)(312)Purchase of BOLI(3,710)(1,550)Other real estate sale proceeds87 — Net cash used in investing activities(229,885)(173,378)Cash flows from financing activities:Net change in deposits336,628 122,735 Proceeds from issuance of stock, net of issuance costs— 80,870 Advances (payments) on other borrowings— (170,000)Cash dividends paid(8,538)(7,715)Net cash provided by financing activities328,090 25,890 Net change in cash and cash equivalents131,467 (131,217)Cash and cash equivalents at beginning of period352,343 321,576 Cash and cash equivalents at end of period$483,810 $190,359 Supplemental disclosure of cash flow information:Interest paid$45,966 $41,904 Income taxes paid13,165 9,391 Supplemental disclosure of noncash items:Transfer from loans held for sale to loans held for investment1,035 11,464 Unrealized gain (loss) on securities1,220 (660)Operating lease liabilities exchanged for ROUA1,433 1