Company: FSBC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001275168-25-000106
Chunk: 114

Company: FIVE STAR BANCORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 114
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027 Commercial land and development78 — — (8)70 Commercial construction2,268 — — (41)2,227 Residential construction64 — — 14 78 Residential270 — — 9 279 Farmland607 — — (9)598 Commercial:Secured5,866 (745)64 720 5,905 Unsecured278 — — 125 403 Consumer and other2,496 (71)35 177 2,637 Total$37,791 $(816)$99 $2,150 $39,224 Three months ended March 31, 2024Real estate:Commercial$29,015 $— $— $(120)$28,895 Commercial land and development178 — — (14)164 Commercial construction718 — — (21)697 Residential construction89 — — 25 114 Residential151 — — 13 164 Farmland399 — — 39 438 Commercial:Secured3,314 (998)182 764 3,262 Unsecured189 (34)— 104 259 Consumer and other378 (71)93 260 660 Total$34,431 $(1,103)$275 $1,050 $34,653 

Unfunded Loan Commitment ReservesUnfunded loan commitment reserves are included in “Interest payable and other liabilities” in the unaudited consolidated balance sheets. Provisions for unfunded loan commitments are included in “Provision for credit losses” in the unaudited consolidated statements of income.Table 4.6: Unfunded Loan Commitment ReservesThree months ended(in thousands)March 31, 2025March 31, 2024Balance at beginning of period$747 $1,247 Provision (benefit)(250)(150)Balance at end of period$497 $1,097 

22

Pledged LoansThe Company’s FHLB line of credit is secured under terms of a collateral agreement by a pledge of certain qualifying loans with unpaid principal balances of $1.9 billion at March 31, 2025 and December 31, 2024. In addition, the Company pledges eligible tenants in common loans, which totaled $1.2