Company: FSBC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001275168-25-000038
Chunk: 9

Company: FIVE STAR BANCORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 9
---
 losses6,950 4,000 6,700 Depreciation and amortization1,877 1,612 1,636 Amortization of deferred loan fees and costs(337)117 534 Amortization of premiums and discounts on securities943 1,152 1,267 Amortization of subordinated note issuance costs146 144 122 Amortization of low income housing tax credits1,050 291 — Stock compensation expense1,156 962 1,099 Earnings on BOLI(644)(510)(412)Deferred tax provision(243)(897)(1,942)Loans originated for sale(21,654)(47,922)(60,173)Gain on sale of loans(1,274)(1,952)(2,934)Gross proceeds from sale of loans19,682 38,410 53,691 Net loss (gain) on sale of securities available-for-sale— 167 (5)Extinguishment of redeemed subordinated note issuance costs— — 302 Gain on partial sale of equity investment(545)(1,683)— Net changes in:Interest receivable and other assets2,535 (3,708)(5,096)Interest payable and other liabilities(2,611)1,897 7,363 Operating lease liability(916)(900)(978)Net cash provided by operating activities51,786 38,914 45,975 Cash flows from investing activities:  Proceeds from sale of securities available-for-sale— 737 1,623 Maturities, prepayments, and calls of securities available-for-sale8,445 10,056 15,523 Purchases of securities available-for-sale— (1,151)(2,642)Capital call for equity investment(2,908)(1,407)— Proceeds received from equity investment1,056 1,915 — Low income housing tax credits(10,052)(2,341)— Net change in time deposits in banks1,737 3,991 4,615 Loan originations, net of repayments(442,843)(284,314)(848,283)Purchase of premises and equipment(628)(653)(481)Purchase of FHLB stock— (4,110)(4,223)Purchase of BOLI(1,551)(2,001)(3,054