Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 29

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 and December 31, 2024, respectively. In addition, the Company pledges eligible tenants in common loans, which totaled $1.3 billion and $1.2 billion at September 30, 2025 and December 31, 2024, respectively, to secure its borrowing capacity with the Federal Reserve Discount Window. See Note 6, Subordinated Notes and Other Borrowings, for further discussion of these borrowings.

Note 5: Interest-Bearing Deposits 

Table 5.1 shows the composition of interest-bearing deposits as of September 30, 2025 and December 31, 2024.Table 5.1: Interest-Bearing Deposits(in thousands)September 30, 2025December 31, 2024Interest-bearing transaction accounts$309,118 $315,217 Savings accounts137,500 124,702 Money market accounts1,972,158 1,525,292 Time accounts, $250 or more379,368 344,129 Other time accounts246,212 326,025 Total interest-bearing deposits$3,044,356 $2,635,365 Time deposits totaled $625.6 million and $670.2 million as of September 30, 2025 and December 31, 2024, respectively. Scheduled maturities of time deposits as of September 30, 2025 for the next five years are shown in Table 5.2.Table 5.2: Scheduled Maturities of Time Deposits(in thousands)2025$563,810 202660,596 20271,113 202861 2029— Total time deposits$625,580 

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Total deposits include deposits offered through the IntraFi Network that are comprised of Certificate of Deposit Account Registry Service® (“CDARS”) balances included in time deposits and Insured Cash Sweep® (“ICS”) balances included in money market and interest-bearing transaction deposits. Through this network, the Company offers customers access to FDIC-insured deposit products in aggregate amounts exceeding current insurance limits. When funds are deposited through CDARS and ICS on behalf of a customer, the Company has the option of receiving matching deposits through the network’s reciprocal deposit program or placing deposits “one-way,” for which the Company receives no matching deposits. The Company considers the reciprocal deposits to be in-market deposits, as distinguished from traditional out-of-market brokered deposits. There were no one-way deposits at September 30,