Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 224

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 224
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 to Interest Rates - Gross Loans(dollars in thousands)Fixed Interest RatesFloating or Adjustable RatesTotalSeptember 30, 2025Real estate:Commercial$657,581 $2,486,722 $3,144,303 Commercial land and development177 757 934 Commercial construction— 136,988 136,988 Residential construction— 5,976 5,976 Residential6,608 29,131 35,739 Farmland4,667 52,905 57,572 Commercial:Secured49,585 141,585 191,170 Unsecured28,600 10,058 38,658 Consumer and other278,022 187 278,209 Total $1,025,240 $2,864,309 $3,889,549 December 31, 2024Real estate:Commercial$587,825 $2,269,348 $2,857,173 Commercial land and development1,416 2,433 3,849 Commercial construction— 111,318 111,318 Residential construction— 4,561 4,561 Residential4,495 28,279 32,774 Farmland4,873 42,368 47,241 Commercial:Secured48,587 125,208 173,795 Unsecured19,988 7,570 27,558 Consumer and other279,458 126 279,584 Total$946,642 $2,591,211 $3,537,853 

Asset Quality

We manage the quality of our loans based upon trends at the overall loan portfolio level, as well as within each product type. We measure and monitor key factors that include the level and trend of classified, delinquent, non-accrual, and nonperforming assets, collateral coverage, credit scores, and debt service coverage, where applicable. These metrics directly impact our evaluation of the adequacy of our allowance for credit losses.

Our primary objective is to maintain a high level of asset quality in our loan portfolio. We believe our underwriting policies and practices, executed by experienced professionals, appropriately govern the risk profile for our loan portfolio. These policies are continually evaluated and updated as necessary. All loans are assessed and assigned a risk classification at origination based on underlying characteristics of the transaction, such as collateral cash flow, collateral coverage, and