Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 1

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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22,589 17,908 Total liabilities4,210,462 3,656,654 Commitments and contingencies (Note 8)Shareholders’ equity:Preferred stock, no par value; 10,000,000 shares authorized; zero issued and outstanding at September 30, 2025 and December 31, 2024— — Common stock, no par value; 100,000,000 shares authorized; 21,367,387 shares issued and outstanding at September 30, 2025; 21,319,083 shares issued and outstanding at December 31, 2024303,571 302,531 Retained earnings137,615 106,464 Accumulated other comprehensive loss, net of taxes(9,878)(12,371)Total shareholders’ equity431,308 396,624 Total liabilities and shareholders’ equity$4,641,770 $4,053,278 

See accompanying notes to the unaudited consolidated financial statements.

1

FIVE STAR BANCORP AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(in thousands, except per share amounts)2025202420252024Interest and fee income:Loans, including fees$59,257 $50,390 $168,204 $140,538 Taxable securities415 445 1,225 1,396 Nontaxable securities164 175 512 527 Interest-bearing deposits in banks5,009 1,657 12,571 6,745 Total interest and fee income64,845 52,667 182,512 149,206 Interest expense:Deposits24,336 21,076 69,188 59,304 Subordinated notes1,161 1,161 3,484 3,484 Other borrowings— 44 — 196 Total interest expense25,497 22,281 72,672 62,984 Net interest income39,348 30,386 109,840 86,222 Provision for credit losses2,500 2,750 6,900 5,650 Net interest income after provision for credit losses36,848 27,636 102,940 80,572 Non-interest income:Service charges on deposit