Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 57

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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30, 2025; and (ii) a $0.5 million increase in commissions paid. This increase was partially offset by a $0.5 million increase in deferred loan origination costs due to a greater number of loan originations, net of purchased consumer loans, period-over-period.

Data processing and software. The increase was primarily due to: (i) increased usage of our digital banking platform; (ii) higher transaction volumes related to the increased number of loan and deposit accounts; and (iii) an increased number of licenses required for new users on our loan origination and documentation system.

Professional services. The increase was primarily due to a $0.1 million increase in fees paid for business development consulting services.

Advertising and promotional. The increase related primarily to additional expenses incurred to support the expansion of the Bank’s business development teams, including a $0.1 million increase in expenses related to sponsored events and partnerships and a $0.1 million increase related to client and prospective client development expenses.

Other operating expenses. The increase was primarily due to: (i) a $0.1 million increase in administrative charges, including subscription services and bank charges; (ii) a $0.1 million increase in IntraFi Network fees resulting from an overall increase in balances carried in the network; and (iii) a $0.1 million increase in armored car and courier expenses.

43

Nine months ended September 30, 2025 compared to nine months ended September 30, 2024

Table 10 details the components of non-interest expense for the periods indicated.

Table 10: Non-interest ExpenseFor the nine months ended(dollars in thousands)September 30, 2025September 30, 2024$ Change% ChangeSalaries and employee benefits$27,760 $23,349 $4,411 18.89 %Occupancy and equipment1,994 1,898 96 5.06 %Data processing and software4,524 3,719 805 21.65 %FDIC insurance1,425 1,195 230 19.25 %Professional services2,763 2,304 459 19.92 %Advertising and promotional2,190 1,659 531 32.01 %Loan-related expenses1,059 886 173 19.53 %Other operating expenses5,636 4,995 641 12.83 %Total non-interest expense