Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 170

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 170
---
ination. Commercial real estate loans over $2.0 million are reevaluated at least annually for proper classification in conjunction with our review of property and borrower financial information. All loans are reevaluated for proper risk grading as new information such as payment patterns, collateral condition, and other relevant information comes to our attention.

The banking industry defines loans graded substandard or doubtful as “classified” loans. Table 19 shows our levels of classified loans as of the periods indicated. 

Table 19: Gross Loans Held for Investment by Credit Quality Risk Rating(dollars in thousands)PassWatchSubstandardDoubtfulTotalSeptember 30, 2025Real estate:Commercial$3,045,455 $80,402 $18,446 $— $3,144,303 Commercial land and development934 — — — 934 Commercial construction136,988 — — — 136,988 Residential construction5,976 — — — 5,976 Residential35,739 — — — 35,739 Farmland57,572 — — — 57,572 Commercial:Secured178,719 12,347 104 — 191,170 Unsecured38,658 — — — 38,658 Consumer and other278,203 — 6 — 278,209 Total $3,778,244 $92,749 $18,556 $— $3,889,549 December 31, 2024Real estate:Commercial$2,746,594 $107,992 $2,587 $— $2,857,173 Commercial land and development3,849 — — — 3,849 Commercial construction111,318 — — — 111,318 Residential construction4,561 — — — 4,561 Residential32,774 — — — 32,774 Farmland45,948 1,293 — — 47,241 Commercial:Secured156,381 14,119 48 — 170,548 Unsecured27,558 — — — 27,558 Consumer and other279,575 — 9 — 279,584 Total $3,408,558 $123,404