Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 28

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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,791 $(2,454)$280 $4,550 $40,167 Six months ended June 30, 2024Real estate:Commercial$29,015 $— $— $(4,307)$24,708 Commercial land and development178 — — (106)72 Commercial construction718 — — 379 1,097 Residential construction89 — — 11 100 Residential151 — — 44 195 Farmland399 — — 3 402 Commercial:Secured3,314 (2,237)239 6,070 7,386 Unsecured189 (70)— 95 214 Consumer and other378 (143)186 811 1,232 Total$34,431 $(2,450)$425 $3,000 $35,406 

23

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 endedSix months ended(in thousands)June 30, 2025June 30, 2024June 30, 2025June 30, 2024Balance at beginning of period$497 $1,097 $747 $1,247 Provision (benefit)100 50 (150)(100)Balance at end of period$597 $1,147 $597 $1,147 

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 June 30, 2025 and December 31, 2024. In addition, the Company pledges eligible tenants in common loans, which totaled $1.3 billion and $1.2 billion at June 30, 2025 and December 31, 2024, to secure its borrowing capacity with the Federal Reserve Discount Window. See Note 6, Subordinated Notes and Other Borrowings, for further discussion of these borrowings.

Note 5: Interest-Bearing Deposits 

Table 5.1 shows the composition