Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 48

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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 income driven by loan growth and an improvement in the average yield on loans, partially offset by an increase in interest expense driven by deposit growth. Additional detail relating to net interest margin in each period is provided below.

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Average balance sheet, interest, and yield/rate analysis. Table 3 presents average balance sheet information, interest income, interest expense, and the corresponding average yield earned or rate paid for each period reported. The average balances are daily averages and include both performing and nonperforming loans.

Table 3: Average Balances, Interest, and Yield/RateFor the three months endedJune 30, 2025For the three months endedJune 30, 2024(dollars in thousands)Average BalanceInterest Income/ExpenseAverage Yield/Rate Average BalanceInterest Income/ExpenseAverage Yield/RateAssetsInterest-earning deposits in banks1$361,866 $3,987 4.42 %$148,936 $1,986 5.36 %Investment securities1,297,886 577 2.37 %105,819 650 2.47 %Loans held for investment and sale1,33,691,616 56,016 6.09 %3,197,921 46,362 5.83 %Total interest-earning assets14,151,368 60,580 5.85 %3,452,676 48,998 5.71 %Interest receivable and other assets, net4101,632 84,554 Total assets$4,253,000 $3,537,230 Liabilities and shareholders’ equityInterest-bearing transaction accounts1$283,369 $1,043 1.48 %$291,470 $1,104 1.52 %Savings accounts1121,692 801 2.64 %120,080 856 2.87 %Money market accounts11,647,628 13,270 3.23 %1,547,814 13,388 3.48 %Time accounts1726,295 7,790 4.30 %272,887 3,369 4.96 %Subordinated notes and other borrowings173,967 1,161 6.30 %75,747 1,189 6.31 %Total interest-bearing liabilities2,852,951 24,065