Company: FSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050090
Chunk: 164

Company: FIVE STAR BANCORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 164
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 purchase program with a non-bank lender, generally made to professionals for the purpose of large personal or household purchases. The loans are unsecured, fixed rate loans. Consumer and other loans also include loans purchased or originated through financing partnerships which are no longer active.

Table 15 presents the commercial real estate loan balance, associated percentage of commercial real estate concentrations, estimated real estate collateral values, and related loan-to-value (“LTV”) ranges by collateral type as of the dates indicated. Revolving lines of credit with zero balance and 0.00% LTV are excluded from this table. Collateral values are determined at origination using third-party real estate appraisals or evaluations. Updated appraisals, which are included in Table 15, may be obtained for loans that are downgraded to watch or substandard. Loans over $2.0 million are reviewed annually, at which time an internal assessment of collateral values is completed. 

Table 15: Commercial Real Estate Loans(dollars in thousands)Loan Balance% of Commercial Real EstateCollateral ValueMinimum LTVMaximum LTVSeptember 30, 2025Manufactured home community$980,499 31.18 %$1,732,112 16.24 %74.46 %RV Park384,290 12.22 %693,932 17.68 %74.76 %Retail303,509 9.65 %622,971 0.69 %74.55 %Industrial243,585 7.75 %555,875 1.90 %91.52 %Multifamily240,777 7.66 %521,088 11.74 %79.49 %Mini storage190,342 6.05 %381,810 14.70 %70.00 %Faith-based189,371 6.02 %506,973 9.17 %73.79 %Office161,482 5.14 %375,374 4.73 %73.64 %All other types1450,448 14.33 %949,198 — %134.65 %Total2$3,144,303 100.00 %$6,339,333 December 31, 2024Manufactured home community$891,935 31.22 %$1,586,109 14.24 %74.