Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 5

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---
272)Amortization of premiums and discounts on securities609 721 Amortization of subordinated note issuance costs109 109 Amortization of low income housing tax credits1,239 386 Stock compensation expense1,040 876 Earnings on BOLI(590)(462)Deferred tax provision722 24 Loans originated for sale(1,384)(19,358)Gain on sale of loans(244)(1,124)Gross proceeds from sale of loans3,531 17,572 Gain on equity investments845 (242)Net changes in:Interest receivable and other assets(5,672)1,073 Interest payable and other liabilities62 (4,195)Operating lease liability605 (727)Net cash provided by operating activities52,055 33,792 Cash flows from investing activities:Maturities, prepayments, and calls of securities available-for-sale7,574 6,370 Purchases of securities available-for-sale(1,030)— Capital call for equity investments(1,638)(2,802)Proceeds received from equity investments283 530 Low income housing tax credits(5,381)(10,559)Net change in time deposits in banks4,021 1,740 Loan originations, net of repayments(356,230)(369,697)Purchase of premises and equipment(559)(522)Purchase of BOLI(3,710)(1,550)Other real estate sale proceeds87 — Net cash used in investing activities(356,583)(376,490)Cash flows from financing activities:Net change in deposits545,444 373,083 Proceeds from issuance of stock, net of issuance costs— 80,870 Advances (payments) on other borrowings— (170,000)Cash dividends paid(12,812)(11,979)Net cash provided by financing activities532,632 271,974 Net change in cash and cash equivalents228,104 (70,724)Cash and cash equivalents at beginning of period352,343 321,576 Cash and cash equivalents at end of period$580,447 $250,852 

6

Nine Months Ended September 30,(in thousands)20252024Supplemental disclosure of cash flow information:Interest paid$71,925 $65,223 Income taxes paid18,011 11,388 Supplemental disclosure of non