Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 145

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 145
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 31, 2024. The Tier 1 leverage ratio was 10.03% at June 30, 2025, as compared to 10.05% at December 31, 2024. For additional information about the regulatory capital requirements applicable to the Company and the Bank, see the section entitled “—Financial Condition Summary—Capital Adequacy” below.

•Dividends. The board of directors declared a cash dividend of $0.20 per share on April 17, 2025.

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Highlights of our financial results are presented in the following tables:

Table 1: Highlights of Financial Results(dollars in thousands)June 30, 2025December 31, 2024Selected financial condition data:Total assets$4,413,473 $4,053,278 Total loans held for investment3,758,025 3,532,686 Total deposits3,894,622 3,557,994 Total subordinated notes, net73,968 73,895 Total shareholders’ equity416,742 396,624 Asset quality ratios:Allowance for credit losses to total loans held for investment1.07 %1.07 %Allowance for credit losses to nonperforming loans1,763.26 %2,101.78 %Nonperforming loans to total loans held for investment0.06 %0.05 %Capital ratios:Total capital (to risk-weighted assets)13.73 %13.99 %Tier 1 capital (to risk-weighted assets)10.85 %11.02 %Common equity Tier 1 capital (to risk-weighted assets)10.85 %11.02 %Tier 1 leverage10.03 %10.05 %Total shareholders’ equity to total assets9.44 %9.79 %Tangible shareholders’ equity to tangible assets19.44 %9.79 %

Table 2: Highlights of Financial Results (continued)For the three months ended For the six months ended(dollars in thousands, except per share data)June 30, 2025June 30, 2024June 30, 2025June 30, 2024Selected operating data:Net interest income$36,515 $29,092 $70,492 $55,836 Provision for credit losses2,500 2,000 4