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

Company: FIVE STAR BANCORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 10
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)Net cash used in investing activities(446,744)(279,278)(836,922)Cash flows from financing activities:  Net change in deposits531,098 244,892 496,114 Proceeds from issuance of stock, net of issuance costs80,870 — — (Payments) advances on other borrowings(170,000)70,000 100,000 Cash dividends paid(16,243)(12,943)(15,301)Proceeds from subordinated note issuance— — 75,000 Subordinated note issuance costs— — (1,454)Subordinated note redemption— — (28,750)Net cash provided by financing activities425,725 301,949 625,609 Net change in cash and cash equivalents30,767 61,585 (165,338)Cash and cash equivalents at beginning of period321,576 259,991 425,329 Cash and cash equivalents at end of period$352,343 $321,576 $259,991 

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(in thousands)202420232022Supplemental disclosure of cash flow information:  Interest paid$87,113 $61,854 $1,345 Income taxes paid16,884 19,969 5,200 Supplemental disclosure of noncash items:  Transfer from loans held for sale to loans held for investment11,464 9,416 10,671 Unrealized (loss) gain on securities(858)2,228 (18,291)Operating lease liabilities recorded in conjunction with adoption of ASC 842— — 5,221 Operating lease liabilities exchanged for ROUA2,170 2,260 — ROUA recorded in conjunction with adoption of ASC 842— — 4,974 ROUA acquired(2,170)(2,243)— Net change in commitment for low income housing tax credits531 (13,612)— Cumulative effect of adoption of ASC 842 on retained earnings, net of tax— — 68 Cumulative effect of adoption of ASC 326 on retained earnings, net of tax— (4,491)— 

See accompanying notes to consolidated financial statements.

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