Company: FSBC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001275168-25-000038
Chunk: 116

Company: FIVE STAR BANCORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 116
---
 Per common share data:Earnings per common share:Basic$2.26 $2.78 Diluted$2.26 $2.78 Book value per share$18.60 $16.56 Tangible book value per share2$18.60 $16.56 Shares outstanding data:Weighted average basic common shares outstanding20,154,385 17,166,592 Weighted average diluted common shares outstanding20,205,440 17,187,969 Shares outstanding at end of period21,319,083 17,256,989 Performance and other financial ratios:  ROAA1.23 %1.44 %ROAE12.72 %17.85 %Net interest margin3.32 %3.42 %Cost of funds2.64 %2.10 %Efficiency ratio43.19 %40.35 %Average equity to average assets9.71 %8.05 %Cash dividend payout ratio on common stock335.45 %26.98 %

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. Tangible book value per share is defined as total shareholders’ equity less goodwill and other intangible assets, divided by the outstanding number of common shares at the end of the period. The most directly comparable GAAP financial measure is book value per share. We had no goodwill or other intangible assets at the end of any period indicated. As a result, tangible book value per share is the same as book value per share at the end of