Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 113

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 113
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 issuers.

13

As of September 30, 2025 and December 31, 2024, the allowance for credit losses on held-to-maturity securities, at amortized cost, was $20.0 thousand. The Company did not record an allowance for credit losses on available-for-sale securities as of September 30, 2025 or December 31, 2024.A summary of the amortized cost and fair value related to securities available-for-sale as of September 30, 2025 and December 31, 2024 is presented in Table 3.2. Securities available-for-sale did not have an allowance for credit losses as of September 30, 2025 or December 31, 2024.Table 3.2: Securities Available-for-Sale(in thousands)Amortized CostGross Unrealized Fair ValueGains(Losses) September 30, 2025U.S. government agency securities$7,620 $132 $(68)$7,684 Mortgage-backed securities58,389 26 (9,099)49,316 Obligations of states and political subdivisions40,866 — (4,421)36,445 Collateralized mortgage obligations260 — (16)244 Corporate bonds2,000 — (54)1,946 Total available-for-sale$109,135 $158 $(13,658)$95,635 December 31, 2024U.S. government agency securities$8,293 $152 $(100)$8,345 Mortgage-backed securities62,397 6 (11,833)50,570 Obligations of states and political subdivisions42,762 1 (5,626)37,137 Collateralized mortgage obligations305 — (26)279 Corporate bonds2,000 — (137)1,863 Total available-for-sale$115,757 $159 $(17,722)$98,194 

14

The amortized cost and fair value of investment securities by contractual maturity at September 30, 2025 and December 31, 2024 are shown in Table 3.3. Expected maturities may differ from contractual maturities if the issuers of the securities have the right to call or prepay obligations with or without call or prepayment penalties.Table 3.3: Contractual Maturities -