Company: FSBC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001275168-25-000106
Chunk: 25

Company: FIVE STAR BANCORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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-accrual Loans(in thousands)March 31, 2025December 31, 2024Real estate:Commercial$1,722 $1,750 Commercial:Secured43 48 Total non-accrual loans$1,765 $1,798 No interest income was recognized on non-accrual loans in the three months ended March 31, 2025 or March 31, 2024. Non-accrual real estate loans did not have an allowance for credit losses as of March 31, 2025. Interest income can be recognized on non-accrual loans in cases where resolution occurs through a sale or full payment is received on the non-accrual loan.The amount of foregone interest income related to non-accrual loans was $35.2 thousand for the three months ended March 31, 2025, as compared to $39.2 thousand for the three months ended March 31, 2024.

21

Allowance for Credit LossesTable 4.5 discloses activity in the allowance for credit losses for the periods indicated.Table 4.5: Allowance for Credit Losses(in thousands)Beginning BalanceCharge-offsRecoveriesProvision (Benefit)Ending BalanceThree months ended March 31, 2025Real estate:Commercial$25,864 $— $— $1,163 $27,027 Commercial land and development78 — — (8)70 Commercial construction2,268 — — (41)2,227 Residential construction64 — — 14 78 Residential270 — — 9 279 Farmland607 — — (9)598 Commercial:Secured5,866 (745)64 720 5,905 Unsecured278 — — 125 403 Consumer and other2,496 (71)35 177 2,637 Total$37,791 $(816)$99 $2,150 $39,224 Three months ended March 31, 2024Real estate:Commercial$29,015 $— $— $(120)$28,895 Commercial land and development178 — — (14)164 Commercial construction718 — — (21)697 Residential construction89 — — 25 114