Company: FSBC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001275168-25-000106
Chunk: 130

Company: FIVE STAR BANCORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 130
---
 board of directors declared a cash dividend of $0.20 per share on January 16, 2025.

32

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

Table 1: Highlights of Financial Results(dollars in thousands)March 31, 2025December 31, 2024Selected financial condition data:Total assets$4,245,057 $4,053,278 Total loans held for investment3,621,819 3,532,686 Total deposits3,736,354 3,557,994 Total subordinated notes, net73,932 73,895 Total shareholders’ equity406,451 396,624 Asset quality ratios:Allowance for credit losses to total loans held for investment1.08 %1.07 %Allowance for credit losses to nonperforming loans2,222.32 %2,101.78 %Nonperforming loans to total loans held for investment0.05 %0.05 %Capital ratios:Total capital (to risk-weighted assets)13.97 %13.99 %Tier 1 capital (to risk-weighted assets)11.00 %11.02 %Common equity Tier 1 capital (to risk-weighted assets)11.00 %11.02 %Tier 1 leverage10.17 %10.05 %Total shareholders’ equity to total assets9.57 %9.79 %Tangible shareholders’ equity to tangible assets19.57 %9.79 %

Table 2: Highlights of Financial Results (continued)For the three months ended (dollars in thousands, except per share data)March 31, 2025March 31, 2024Selected operating data:Net interest income$33,977 $26,744 Provision for credit losses1,900 900 Non-interest income1,359 1,833 Non-interest expense15,045 12,716 Net income13,111 10,631 Per common share data:Earnings per common share:Basic$0.62 $0.62 Diluted$0.62 $0.62 Book value per share$19.06 $16.86 Tangible book value per share2$19.06 $16.86 Performance and other financial ratios:ROAA1.30 %1.22 %RO