Company: FSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038796
Chunk: 203

Company: FIVE STAR BANCORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 203
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 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 4,400 2,900 Non-interest income1,810 1,573 3,169 3,406 Non-interest expense15,726 13,513 30,771 26,229 Net income14