Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 51

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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 basis points when compared to the same period in 2024. The increase is primarily attributable to an increase in interest income driven by loan growth and an improvement in the average yield on loans, partially offset by an increase in interest expense driven by deposit growth. Additional detail relating to net interest margin in each period is provided below.

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Average balance sheet, interest, and yield/rate analysis. Table 5 presents average balance sheet information, interest income, interest expense, and the corresponding average yield earned or rate paid for each period reported. The average balances are daily averages and include both performing and nonperforming loans.

Table 5: Average Balances, Interest, and Yield/Rate(dollars in thousands)For the six months endedJune 30, 2025For the six months ended June 30, 2024Average BalanceInterest Income/ExpenseAverage Yield/Rate Average BalanceInterest Income/ExpenseAverage Yield/RateAssetsInterest-earning deposits in banks1$345,310 $7,562 4.42 %$190,969 $5,088 5.36 %Investment securities1,299,173 1,158 2.35 %107,498 1,303 2.44 %Loans held for investment and sale1,33,630,146 108,947 6.05 %3,140,106 90,148 5.77 %Total interest-earning assets14,074,629 117,667 5.82 %3,438,573 96,539 5.65 %Interest receivable and other assets, net497,610 89,268 Total assets$4,172,239 $3,527,841 Liabilities and shareholders’ equityInterest-bearing transaction accounts1$293,539 $2,155 1.48 %$295,897 $2,230 1.52 %Savings accounts1122,641 1,573 2.59 %122,320 1,718 2.82 %Money market accounts11,594,548 25,705 3.25 %1,479,039 25,543 3.47 %Time accounts1716,466 15,419 4.34 %351,237 8,737 5.00 %Subordinated notes and other borrowings173,938 2,323 6.