Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 185

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 185
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 as calculated under regulatory accounting practices. Capital amounts for Bancorp and the Bank, and the Bank’s prompt corrective action classification, are also subject to qualitative judgments by the regulators about components of capital, risk weightings, and other factors. As of June 30, 2025, both Bancorp and the Bank were in compliance with all applicable regulatory capital requirements, and the Bank qualified as “well-capitalized” under the prompt corrective action framework.

Management reviews capital ratios on a regular basis to ensure that capital exceeds the prescribed regulatory minimums and is adequate to meet our anticipated future needs. For all periods presented, the Bank’s ratios exceed the regulatory definition of “well-capitalized” under the regulatory framework for prompt corrective action, and Bancorp’s ratios exceed the minimum ratios required for it to be considered a well-capitalized bank holding company.

The capital adequacy ratios as of June 30, 2025 and December 31, 2024 for Bancorp and the Bank are presented in Tables 28 and 29. As of June 30, 2025 and December 31, 2024, Bancorp’s Tier 2 capital included subordinated notes, which were not included at the Bank level. Eligible amounts of subordinated notes included in Tier 2 capital will be phased out by 20% per year beginning five years before the maturity date of the notes.

Table 28: Capital Ratios for BancorpActual Ratio Required for Capital Adequacy Purposes1Ratio to be Well-Capitalized under Prompt Corrective Action Provisions(dollars in thousands)AmountRatio AmountRatioAmountRatioJune 30, 2025Total capital (to risk-weighted assets)$541,957 13.73 %$346,852 8.00 %N/AN/ATier 1 capital (to risk-weighted assets)$428,327 10.85 %$236,893 6.00 %N/AN/ACommon equity tier 1 capital (to risk-weighted assets)$428,327 10.85 %$177,669 4.50 %N/AN/ATier 1 leverage$428,327 10.03 %$170,803 4.00 %N/AN/ADecember 31, 2024Total capital (to risk-weighted assets)$519,722 13.99 %$332,622 8.00 %N/AN/ATier 1