Company: FSBC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001275168-25-000106
Chunk: 13

Company: FIVE STAR BANCORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 13
---
 fair value related to securities available-for-sale as of March 31, 2025 and December 31, 2024 is presented in Table 3.2. Securities available-for-sale did not have an allowance for credit losses as of March 31, 2025 or December 31, 2024.Table 3.2: Securities Available-for-Sale(in thousands)Amortized CostGross Unrealized Fair ValueGains(Losses) March 31, 2025U.S. government agency securities$7,513 $147 $(86)$7,574 Mortgage-backed securities61,210 16 (10,929)50,297 Obligations of states and political subdivisions42,630 1 (5,559)37,072 Collateralized mortgage obligations289 — (22)267 Corporate bonds2,000 — (99)1,901 Total available-for-sale$113,642 $164 $(16,695)$97,111 December 31, 2024U.S. government agency securities$8,293 $152 $(100)$8,345 Mortgage-backed securities62,397 6 (11,833)50,570 Obligations of states and political subdivisions42,762 1 (5,626)37,137 Collateralized mortgage obligations305 — (26)279 Corporate bonds2,000 — (137)1,863 Total available-for-sale$115,757 $159 $(17,722)$98,194 

12

The amortized cost and fair value of investment securities by contractual maturity at March 31, 2025 and December 31, 2024 are shown in Table 3.3. Expected maturities may differ from contractual maturities if the issuers of the securities have the right to call or prepay obligations with or without call or prepayment penalties.Table 3.3: Contractual Maturities - Investment Securities(in thousands)March 31, 2025December 31, 2024Held-to-MaturityAvailable-for-SaleHeld-to-MaturityAvailable-for-SaleAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueWithin one year$195 $172 $— $— $210 $182 $— $—