Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 146

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 146
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,400 2,900 Non-interest income1,810 1,573 3,169 3,406 Non-interest expense15,726 13,513 30,771 26,229 Net income14,508 10,782 27,619 21,413 Per common share data:Earnings per common share:Basic$0.68 $0.51 $1.30 $1.12 Diluted$0.68 $0.51 $1.30 $1.12 Book value per share$19.51 $17.85 $19.51 $17.85 Tangible book value per share2$19.51 $17.85 $19.51 $17.85 Performance and other financial ratios:ROAA1.37 %1.23 %1.33 %1.22 %ROAE14.17 %11.72 %13.73 %13.08 %Net interest margin3.53 %3.39 %3.49 %3.27 %Cost of funds2.53 %2.56 %2.55 %2.59 %Efficiency ratio41.03 %44.07 %41.77 %44.27 %Cash dividend payout ratio on common stock329.41 %39.22 %30.77 %35.71 %

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1Tangible shareholders’ equity to tangible assets is considered a non-GAAP financial measure. See the section entitled “Non-GAAP Financial Measures” for a reconciliation of our non-GAAP financial measures to the most directly comparable GAAP financial measure. Tangible shareholders’ equity to tangible assets is defined as total equity less goodwill and other intangible assets, divided by total assets less goodwill and other intangible assets. The most directly comparable GAAP financial measure is total shareholders’ equity to total assets. We had no goodwill or other intangible assets at the end of any period indicated. As a result, tangible shareholders’ equity to tangible assets is the same as total shareholders’ equity to total assets at the end of each of the periods indicated.

2Tangible book value per share is considered a non-GAAP financial measure. See the section entitled “Non-GAAP Financial Measures” for a reconciliation of our non-GAAP financial measures to the most directly comparable GAAP financial measure. Tang