Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 21

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 in deterioration of the repayment prospects for the asset or in the Company’s credit position at some future date.Loans rated substandard: These are loans which are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged (if any). Loans so classified exhibit a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. Loans are characterized by the distinct possibility that the Company may sustain some loss if the deficiencies are not corrected.Loans rated doubtful: These are loans for which the collection or liquidation of the entire debt is highly questionable or improbable. Typically, the possibility of loss is extremely high. The losses on these loans are deferred until all pending factors have been addressed.

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Table 4.2 presents the amortized cost basis of the Company’s loans by origination year, where origination is defined as the later of origination or renewal date, and credit quality indicator as of the periods indicated.Table 4.2: Loans by Risk Category and VintageAmortized Cost Basis by Origination Year as of September 30, 2025(in thousands)20252024202320222021PriorRevolving LoansRevolving Converted to TermTotalReal estate:CommercialPass$451,963 $415,445 $299,100 $850,562 $591,702 $428,277 $5,554 $— $3,042,603 Watch1,048 637 4,287 27,435 20,534 24,456 1,806 200 80,403 Substandard— — — — 3,722 14,674 — — 18,396 Total453,011 416,082 303,387 877,997 615,958 467,407 7,360 200 3,141,402 Commercial land and developmentPass405 139 — — — 387 — — 931 Total405 139 — — — 387 — — 931 Commercial constructionPass13,728 25,464 96,907 524 — — — — 136,623 Total13,728 25,464 96,907 524 — — — — 136,623 Residential constructionPass96 5,817 — — — — — — 5