Company: FSBC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001275168-25-000106
Chunk: 113

Company: FIVE STAR BANCORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 113
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 27,575 Consumer and other67 — — 67 279,714 279,781 Total $1,174 $— $— $1,174 $3,531,512 $3,532,686 There were no loans greater than 90 days past due and still accruing interest income as of March 31, 2025 or December 31, 2024.No collateral dependent loans were in process of foreclosure at March 31, 2025 or December 31, 2024. The Company had one collateral dependent commercial real estate loan outstanding as of March 31, 2025 and December 31, 2024 in the amounts of $1.7 million and $1.8 million, respectively, for which the borrower was experiencing financial difficulty.

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Non-accrual loans, segregated by class, as of March 31, 2025 and December 31, 2024 are shown in Table 4.4.Table 4.4: Non-accrual Loans(in thousands)March 31, 2025December 31, 2024Real estate:Commercial$1,722 $1,750 Commercial:Secured43 48 Total non-accrual loans$1,765 $1,798 No interest income was recognized on non-accrual loans in the three months ended March 31, 2025 or March 31, 2024. Non-accrual real estate loans did not have an allowance for credit losses as of March 31, 2025. Interest income can be recognized on non-accrual loans in cases where resolution occurs through a sale or full payment is received on the non-accrual loan.The amount of foregone interest income related to non-accrual loans was $35.2 thousand for the three months ended March 31, 2025, as compared to $39.2 thousand for the three months ended March 31, 2024.

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Allowance for Credit LossesTable 4.5 discloses activity in the allowance for credit losses for the periods indicated.Table 4.5: Allowance for Credit Losses(in thousands)Beginning BalanceCharge-offsRecoveriesProvision (Benefit)Ending BalanceThree months ended March 31, 2025Real estate:Commercial$25,864 $— $— $1,163 $27,