Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 222

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 222
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ed average yield for securities held-to-maturity is the stated coupon of the bond.

46

Loan Portfolio

Our loan portfolio is our largest class of interest-earning assets and typically provides higher yields than other types of interest-earning assets. Associated with the higher yields is an inherent amount of credit risk, which we attempt to mitigate with strong underwriting standards. As of June 30, 2025 and December 31, 2024, our total loans amounted to $3.8 billion and $3.5 billion, respectively. Table 14 presents the balance and associated percentage of each major product type within our portfolio as of the dates indicated.

Table 14: Loans OutstandingAs ofJune 30, 2025December 31, 2024(dollars in thousands)Amount % of Loans Amount % of Loans Loans held for investment:Real estate:Commercial$3,066,627 81.54 %$2,857,173 80.75 %Commercial land and development1,422 0.04 %3,849 0.11 %Commercial construction112,399 2.99 %111,318 3.15 %Residential construction5,479 0.15 %4,561 0.13 %Residential33,132 0.88 %32,774 0.93 %Farmland51,579 1.37 %47,241 1.34 %Commercial:Secured173,855 4.62 %170,548 4.82 %Unsecured37,568 1.00 %27,558 0.78 %Consumer and other278,215 7.40 %279,584 7.90 %Loans held for investment, gross3,760,276 99.99 %3,534,606 99.91 %Loans held for sale:Commercial309 0.01 %3,247 0.09 %Total loans, gross3,760,585 100.00 %3,537,853 100.00 %Net deferred loan fees(2,251)(1,920)Total loans$3,758,334 $3,535,933 

Commercial real estate loans consist of term loans secured by a mortgage lien on the real property, such as office and industrial buildings, manufactured home communities, self-storage facilities, hospitality properties, faith