Five Star Bancorp Announces Third Quarter 2025 Results
Five Star Bancorp (Nasdaq: FSBC) reported Q3 2025 net income of $16.3M, up from $14.5M in Q2 2025 and $10.9M in Q3 2024. Key metrics: ROAE 15.35%, ROAA 1.44%, and net interest margin 3.56%. Loans held for investment rose $129.2M (3.44%) QoQ and $426.7M (12.33%) YoY; total deposits increased $208.8M (5.36%) QoQ with non-wholesale deposits up $359.0M (11.09%). Efficiency ratio improved to 40.13%. The company declared and paid a $0.20 per-share dividend and declared another on October 16, 2025. Capital remains adequate with common equity Tier 1 at 10.77%. Unrealized available-for-sale securities losses were $9.9M.
Five Star Bancorp (Nasdaq: FSBC) ha riportato l'utile netto del terzo trimestre 2025 di 16,3 milioni di dollari, in aumento rispetto ai 14,5 milioni di Q2 2025 e ai 10,9 milioni del terzo trimestre 2024. Metriche chiave: ROAE 15,35%, ROAA 1,44% e margine di interesse netto 3,56%. I prestiti detenuti per investimento sono aumentati di 129,2 milioni di dollari (3,44%) QoQ e di 426,7 milioni (12,33%) YoY; i depositi totali sono aumentati di 208,8 milioni (5,36%) QoQ con depositi non wholesale in aumento di 359,0 milioni (11,09%). Il coefficiente di efficienza è migliorato al 40,13%. L'azienda ha dichiarato e pagato un dividendo di 0,20 dollari per azione e ha dichiarato un altro dividendo il 16 ottobre 2025. Il capitale resta adeguato con il Common Equity Tier 1 al 10,77%. Le perdite non realizzate su strumenti disponibili per la vendita sono state di 9,9 milioni di dollari.
Five Star Bancorp (Nasdaq: FSBC) informó ingreso neto del tercer trimestre de 2025 de 16,3 millones de dólares, por encima de 14,5 millones en el segundo trimestre 2025 y 10,9 millones en el tercer trimestre 2024. Métricas clave: ROAE 15,35%, ROAA 1,44% y margen de interés neto 3,56%. Los préstamos mantenidos para inversión aumentaron $129.2M (3,44%) QoQ y $426.7M (12,33%) YoY; los depósitos totales subieron $208.8M (5,36%) QoQ con depósitos no mayoristas aumentando $359.0M (11,09%). La ratio de eficiencia mejoró a 40.13%. La empresa declaró y pagó un dividendo de $0.20 por acción y declaró otro el 16 de octubre de 2025. El capital se mantiene adecuado con Common Equity Tier 1 en 10.77%. Las pérdidas no realizadas en valores disponibles para la venta fueron $9.9M.
Five Star Bancorp (나스닥: FSBC)는 2025년 3분기 순이익 1630만 달러를 보고했고, 이는 2025년 2분기 1450만 달러와 2024년 3분기 1090만 달러에서 증가한 수치입니다. 주요 지표: ROAE 15.35%, ROAA 1.44%, 그리고 순이자마진 3.56%. 투자목적으로 보유한 대출은 분기 대비 $129.2M(3.44%) 증가했고 연간으로는 $426.7M(12.33%) 증가; 총 예금은 분기 대비 $208.8M(5.36%) 증가했고 비도매 예금은 $359.0M(11.09%) 증가. 효율성 비율은 40.13%로 개선되었습니다. 회사는 주당 $0.20의 배당금을 선언하고 지급했으며 2025년 10월 16일에 다른 배당금을 발표했습니다. 자본은 여전히 충분하며 보통주 자기자본 1등급(Risk Tier1)은 10.77%입니다. 매도가능증권의 미실현 손실은 $9.9M였습니다.
Five Star Bancorp (Nasdaq: FSBC) a déclaré un bénéfice net du troisième trimestre 2025 de 16,3 M$, en hausse par rapport à 14,5 M$ au deuxième trimestre 2025 et 10,9 M$ au troisième trimestre 2024. Mesures clés : ROAE 15,35%, ROAA 1,44% et marge nette d'intérêts 3,56%. Les prêts détenus pour investissement ont augmenté de 129,2 M$ (3,44%) QoQ et de 426,7 M$ (12,33%) YoY; les dépôts totaux ont augmenté de 208,8 M$ (5,36%) QoQ avec les dépôts hors-wholesale en hausse de 359,0 M$ (11,09%). Le ratio d'efficacité s'est amélioré à 40,13%. La société a déclaré et versé un dividende de 0,20 $ par action et en a déclaré un autre le 16 octobre 2025. Le capital demeure adéquat avec le Common Equity Tier 1 à 10,77%. Les pertes non réalisées sur les titres disponibles à la vente s'élevaient à 9,9 M$.
Five Star Bancorp (Nasdaq: FSBC) meldete Nettogewinn im Q3 2025 von 16,3 Mio. USD, gegenüber 14,5 Mio. USD im Q2 2025 und 10,9 Mio. USD im Q3 2024. Wichtige Kennzahlen: ROAE 15,35%, ROAA 1,44% und Nettogesamtzinssatz 3,56%. Investitionsgehaltene Kredite stiegen um 129,2 Mio. USD (3,44%) QoQ und um 426,7 Mio. USD (12,33%) YoY; Gesamteinlagen erhöhten sich um 208,8 Mio. USD (5,36%) QoQ mit nicht-Wholesale-Einlagen um 359,0 Mio. USD (11,09%). Effizienzquote verbesserte sich auf 40,13%. Das Unternehmen erklärte und zahlte eine Dividende von 0,20 USD pro Aktie und gab am 16. Oktober 2025 eine weitere bekannt. Kapital bleibt mit einer CET1-Quote von 10,77% angemessen. Unrealisiertes Verlust aus available-for-sale Wertpapieren betrug 9,9 Mio. USD.
Five Star Bancorp (ناسداك: FSBC) أبلغت عن صافي دخل الربع الثالث 2025 قدره 16.3 مليون دولار، بارتفاع من 14.5 مليون دولار في الربع الثاني 2025 و10.9 مليون دولار في الربع الثالث 2024. المقاييس الرئيسية: ROAE 15.35%، ROAA 1.44%، و هامش الفائدة الصافي 3.56%. القروض المحتفظ بها للاستثمار ارتفعت $129.2 مليون (3.44%) QoQ و $426.7 مليون (12.33%) YoY؛ ارتفعت الودائع الإجمالية $208.8 مليون (5.36%) QoQ مع ارتفاع الودائع غير التجارية $359.0 مليون (11.09%). نسبة الكفاءة تحسنت إلى 40.13%. أعلنت الشركة ودفعت توزيعا قدره $0.20 للسهم وأعلنت عن آخر في 16 أكتوبر 2025. رأس المال يظل كافيا مع صافي حقوق المساهمين الأساسيين من المستوى 1 عند 10.77%. الخسائر غير المحققة في الأوراق المالية المتاحة للبيع كانت $9.9M.
Five Star Bancorp（纳斯达克股票代码：FSBC） 报告称 2025年第三季度净利润为1630万美元，高于2025年第二季度的1450万美元和2024年第三季度的1090万美元。关键指标：ROAE 15.35%、ROAA 1.44%，以及 净利差 3.56%。作为投资持有的贷款较上季度增长 $129.2M (3.44%) QoQ，较去年同期增长 $426.7M (12.33%) YoY；总存款较上季度增加 $208.8M (5.36%) QoQ，其中非批发存款增长 $359.0M (11.09%)。效率比率改善至 40.13%。公司宣派并支付每股 $0.20 的股息，并在 2025 年 10 月 16 日宣布了另一项股息。资本仍然充足，普通股一级资本充足率为 10.77%。未实现的可供出售证券损失为 $9.9M。
- Net income +12.66% QoQ ($16.3M)
- Net income +49.38% YoY ($16.3M vs $10.9M)
- Loans +$129.2M QoQ (3.44%)
- Deposits +$208.8M QoQ (5.36%)
- Net interest income +7.76% QoQ
- Efficiency ratio improved to 40.13%
- Unrealized AFS securities losses $9.9M
- Non-interest expense +20.35% YoY ($2.8M)
- Wholesale deposits decreased $150.2M (22.87%)
- Common equity Tier 1 ratio declined 8 bps QoQ (10.85% to 10.77%)
Insights
Strong quarter: loan and deposit growth lifted net income, margins ticked up, and the board continued cash dividends.
Five Star Bancorp reported net income of
The balance sheet shows ample liquidity and capital: total deposits increased to
Risks and dependencies include deposit mix shifts and securities valuation: wholesale deposits fell
RANCHO CORDOVA, Calif., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), today reported net income of
Third Quarter Highlights
Performance and operating highlights for the Company for the periods noted below included the following:
| Three months ended | |||||||||||
| (in thousands, except per share and share data) | September 30, 2025 | June 30, 2025 | September 30, 2024 | ||||||||
| Return on average assets (“ROAA”) | 1.44 | % | 1.37 | % | 1.18 | % | |||||
| Return on average equity (“ROAE”) | 15.35 | % | 14.17 | % | 11.31 | % | |||||
| Pre-tax income | $ | 22,234 | $ | 20,099 | $ | 15,241 | |||||
| Pre-tax, pre-provision income(1) | $ | 24,734 | $ | 22,599 | $ | 17,991 | |||||
| Net income | $ | 16,344 | $ | 14,508 | $ | 10,941 | |||||
| Basic earnings per common share | $ | 0.77 | $ | 0.68 | $ | 0.52 | |||||
| Diluted earnings per common share | $ | 0.77 | $ | 0.68 | $ | 0.52 | |||||
| Weighted average basic common shares outstanding | 21,231,563 | 21,225,831 | 21,182,143 | ||||||||
| Weighted average diluted common shares outstanding | 21,281,818 | 21,269,265 | 21,232,758 | ||||||||
| Shares outstanding at end of period | 21,367,387 | 21,360,991 | 21,319,583 | ||||||||
(1) See the section entitled “Non-GAAP Reconciliation (Unaudited)” for a reconciliation of this non-GAAP financial measure.
James E. Beckwith, President and Chief Executive Officer, commented:
“Five Star Bank’s third quarter results include outstanding growth in loans and core deposits attributable to our successful organic growth strategy that continues to fuel momentum and drive demand for our differentiated customer experience. During the quarter, total loans held for investment increased by
Cost of funds decreased two basis points to
In the third quarter, we opened our ninth full-service office in Walnut Creek, California, in response to the demand for our services in the San Francisco Bay Area. Total deposits from the San Francisco Bay Area were
Five Star Bank’s success serves as a strong testimony to clients who value our team of committed professionals who provide authentic, relationship-based service. We will continue to ensure our technology stack, operating efficiencies, conservative underwriting practices, exceptional credit quality, and prudent approach to portfolio management benefit our customers, employees, community, and shareholders. As we look to the fourth quarter of 2025, we thank our employees for their outstanding commitment to ensuring Five Star Bank remains a safe, trusted, and steadfast banking partner.”
Financial highlights as of and during the three months ended September 30, 2025 included the following:
- The San Francisco Bay Area team increased from 34 to 36 employees and generated deposit balances totaling
$548.9 million at September 30, 2025, an increase of$91.9 million from June 30, 2025. - The number of Business Development Officers remained steady at 40 from June 30, 2025 to September 30, 2025.
- Cash and cash equivalents were
$580.4 million , representing14.15% of total deposits at September 30, 2025, as compared to12.42% at June 30, 2025. - Total deposits increased by
$208.8 million , or5.36% , during the three months ended September 30, 2025, with increases in non-wholesale deposits exceeding decreases in wholesale deposits. The Company defines wholesale deposits as brokered deposits and California Time Deposit Program deposits. During the three months ended September 30, 2025, non-wholesale deposits increased by$359.0 million , or11.09% , and wholesale deposits decreased by$150.2 million , or22.87% . - The Company had no short-term borrowings at September 30, 2025 or June 30, 2025.
- Consistent, disciplined management of expenses contributed to our efficiency ratio of
40.13% for the three months ended September 30, 2025, as compared to41.03% for the three months ended June 30, 2025 and43.37% for the three months ended September 30, 2024. - For the three months ended September 30, 2025, net interest margin was
3.56% , as compared to3.53% for the three months ended June 30, 2025 and3.37% for the three months ended September 30, 2024. The effective federal funds rate decreased to4.09% as of September 30, 2025 from4.33% at June 30, 2025 and4.83% at September 30, 2024. - Other comprehensive loss was
$2.1 million during the three months ended September 30, 2025. Unrealized losses, net of tax effect, on available-for-sale securities were$9.9 million as of September 30, 2025. Total carrying value of held-to-maturity and available-for-sale securities represented0.05% and2.12% of total interest-earning assets, respectively, as of September 30, 2025. - The Company’s common equity Tier 1 capital ratio was
10.77% and10.85% as of September 30, 2025 and June 30, 2025, respectively. The Bank continues to meet all requirements to be considered “well-capitalized” under applicable regulatory guidelines. - Loan and deposit growth in the three and twelve months ended September 30, 2025 was as follows:
| (in thousands) | September 30, 2025 | June 30, 2025 | $ Change | % Change | |||||||
| Loans held for investment | $ | 3,887,259 | $ | 3,758,025 | $ | 129,234 | 3.44 | % | |||
| Non-interest-bearing deposits | 1,059,082 | 1,004,061 | 55,021 | 5.48 | % | ||||||
| Interest-bearing deposits | 3,044,356 | 2,890,561 | 153,795 | 5.32 | % | ||||||
| (in thousands) | September 30, 2025 | September 30, 2024 | $ Change | % Change | |||||||
| Loans held for investment | $ | 3,887,259 | $ | 3,460,565 | $ | 426,694 | 12.33 | % | |||
| Non-interest-bearing deposits | 1,059,082 | 906,939 | 152,143 | 16.78 | % | ||||||
| Interest-bearing deposits | 3,044,356 | 2,493,040 | 551,316 | 22.11 | % | ||||||
- The ratio of nonperforming loans to loans held for investment at period end decreased from
0.06% at June 30, 2025 to0.05% at September 30, 2025. - The Company’s Board of Directors declared on July 17, 2025, and the Company subsequently paid, a cash dividend of
$0.20 per share during the three months ended September 30, 2025. The Company’s Board of Directors subsequently declared another cash dividend of$0.20 per share on October 16, 2025, which the Company expects to pay on November 10, 2025 to shareholders of record as of November 3, 2025.
Summary Results
Three months ended September 30, 2025, as compared to three months ended June 30, 2025
The Company’s net income was
Three months ended September 30, 2025, as compared to three months ended September 30, 2024
The Company’s net income was
The following is a summary of the components of the Company’s operating results and performance ratios for the periods indicated:
| Three months ended | |||||||||||||||
| (in thousands, except per share data) | September 30, 2025 | June 30, 2025 | $ Change | % Change | |||||||||||
| Selected operating data: | |||||||||||||||
| Net interest income | $ | 39,348 | $ | 36,515 | $ | 2,833 | 7.76 | % | |||||||
| Provision for credit losses | 2,500 | 2,500 | — | — | % | ||||||||||
| Non-interest income | 1,966 | 1,810 | 156 | 8.62 | % | ||||||||||
| Non-interest expense | 16,580 | 15,726 | 854 | 5.43 | % | ||||||||||
| Pre-tax income | 22,234 | 20,099 | 2,135 | 10.62 | % | ||||||||||
| Provision for income taxes | 5,890 | 5,591 | 299 | 5.35 | % | ||||||||||
| Net income | $ | 16,344 | $ | 14,508 | $ | 1,836 | 12.66 | % | |||||||
| Earnings per common share: | |||||||||||||||
| Basic | $ | 0.77 | $ | 0.68 | $ | 0.09 | 13.24 | % | |||||||
| Diluted | $ | 0.77 | $ | 0.68 | $ | 0.09 | 13.24 | % | |||||||
| Performance and other financial ratios: | |||||||||||||||
| ROAA | 1.44 | % | 1.37 | % | |||||||||||
| ROAE | 15.35 | % | 14.17 | % | |||||||||||
| Net interest margin | 3.56 | % | 3.53 | % | |||||||||||
| Cost of funds | 2.51 | % | 2.53 | % | |||||||||||
| Efficiency ratio | 40.13 | % | 41.03 | % | |||||||||||
| Three months ended | |||||||||||||||
| (in thousands, except per share data) | September 30, 2025 | September 30, 2024 | $ Change | % Change | |||||||||||
| Selected operating data: | |||||||||||||||
| Net interest income | $ | 39,348 | $ | 30,386 | $ | 8,962 | 29.49 | % | |||||||
| Provision for credit losses | 2,500 | 2,750 | (250 | ) | (9.09 | )% | |||||||||
| Non-interest income | 1,966 | 1,381 | 585 | 42.36 | % | ||||||||||
| Non-interest expense | 16,580 | 13,776 | 2,804 | 20.35 | % | ||||||||||
| Pre-tax income | 22,234 | 15,241 | 6,993 | 45.88 | % | ||||||||||
| Provision for income taxes | 5,890 | 4,300 | 1,590 | 36.98 | % | ||||||||||
| Net income | $ | 16,344 | $ | 10,941 | $ | 5,403 | 49.38 | % | |||||||
| Earnings per common share: | |||||||||||||||
| Basic | $ | 0.77 | $ | 0.52 | $ | 0.25 | 48.08 | % | |||||||
| Diluted | $ | 0.77 | $ | 0.52 | $ | 0.25 | 48.08 | % | |||||||
| Performance and other financial ratios: | |||||||||||||||
| ROAA | 1.44 | % | 1.18 | % | |||||||||||
| ROAE | 15.35 | % | 11.31 | % | |||||||||||
| Net interest margin | 3.56 | % | 3.37 | % | |||||||||||
| Cost of funds | 2.51 | % | 2.72 | % | |||||||||||
| Efficiency ratio | 40.13 | % | 43.37 | % | |||||||||||
Balance Sheet Summary
| (in thousands) | September 30, 2025 | June 30, 2025 | $ Change | % Change | ||||||||
| Selected financial condition data: | ||||||||||||
| Total assets | $ | 4,641,770 | $ | 4,413,473 | $ | 228,297 | 5.17 | % | ||||
| Cash and cash equivalents | 580,447 | 483,810 | 96,637 | 19.97 | % | |||||||
| Total loans held for investment | 3,887,259 | 3,758,025 | 129,234 | 3.44 | % | |||||||
| Total investments | 97,825 | 97,575 | 250 | 0.26 | % | |||||||
| Total liabilities | 4,210,462 | 3,996,731 | 213,731 | 5.35 | % | |||||||
| Total deposits | 4,103,438 | 3,894,622 | 208,816 | 5.36 | % | |||||||
| Subordinated notes, net | 74,004 | 73,968 | 36 | 0.05 | % | |||||||
| Total shareholders’ equity | 431,308 | 416,742 | 14,566 | 3.50 | % | |||||||
- Insured and collateralized deposits were approximately
$2.7 billion , representing65.25% of total deposits as of September 30, 2025, as compared to67.06% as of June 30, 2025. Net uninsured and uncollateralized deposits were approximately$1.4 billion as of September 30, 2025, increasing from$1.3 billion at June 30, 2025. - Non-wholesale deposit accounts constituted
87.66% of total deposits as of September 30, 2025, as compared to83.14% at June 30, 2025. Deposit relationships of greater than$5 million represented60.14% of total deposits as of September 30, 2025, as compared to59.91% as of June 30, 2025, and had an average age of approximately 7.98 years as of September 30, 2025, as compared to 8.34 years as of June 30, 2025. - Total deposits as of September 30, 2025 were
$4.1 billion , an increase of$208.8 million , or5.36% , from June 30, 2025, comprised of increases in both interest-bearing and non-interest-bearing deposits. Interest-bearing deposits added$171.6 million in growth, which was primarily due to the opening of new money market deposit accounts during the quarter, adding$141.3 million in new balances. Non-interest-bearing deposit growth was driven by new accounts opened during the quarter, adding$28.8 million in new balances. - Cash and cash equivalents as of September 30, 2025 were
$580.4 million , representing14.15% of total deposits at September 30, 2025, as compared to12.42% as of June 30, 2025. - Total liquidity (consisting of cash and cash equivalents and unused and immediately available borrowing capacity as set forth below) was approximately
$2.3 billion as of September 30, 2025, as compared to$2.2 billion at June 30, 2025.
| September 30, 2025 | ||||||||||||
| (in thousands) | Line of Credit | Letters of Credit Issued | Borrowings | Available | ||||||||
| Federal Home Loan Bank of San Francisco (“FHLB”) advances | $ | 1,420,987 | $ | 762,500 | $ | — | $ | 658,487 | ||||
| Federal Reserve Discount Window | 918,370 | — | — | 918,370 | ||||||||
| Correspondent bank lines of credit | 185,000 | — | — | 185,000 | ||||||||
| Cash and cash equivalents | — | — | — | 580,447 | ||||||||
| Total | $ | 2,524,357 | $ | 762,500 | $ | — | $ | 2,342,304 | ||||
| (in thousands) | September 30, 2025 | December 31, 2024 | $ Change | % Change | |||||||||
| Selected financial condition data: | |||||||||||||
| Total assets | $ | 4,641,770 | $ | 4,053,278 | $ | 588,492 | 14.52 | % | |||||
| Cash and cash equivalents | 580,447 | 352,343 | 228,104 | 64.74 | % | ||||||||
| Total loans held for investment | 3,887,259 | 3,532,686 | 354,573 | 10.04 | % | ||||||||
| Total investments | 97,825 | 100,914 | (3,089 | ) | (3.06 | )% | |||||||
| Total liabilities | 4,210,462 | 3,656,654 | 553,808 | 15.15 | % | ||||||||
| Total deposits | 4,103,438 | 3,557,994 | 545,444 | 15.33 | % | ||||||||
| Subordinated notes, net | 74,004 | 73,895 | 109 | 0.15 | % | ||||||||
| Total shareholders’ equity | 431,308 | 396,624 | 34,684 | 8.74 | % | ||||||||
The increase in total assets from December 31, 2024 to September 30, 2025 was primarily comprised of a
The increase in total liabilities from December 31, 2024 to September 30, 2025 was primarily due to an increase in deposits of
The increase in total shareholders’ equity from December 31, 2024 to September 30, 2025 was primarily a result of net income recognized of
Net Interest Income and Net Interest Margin
The following is a summary of the components of net interest income for the periods indicated:
| Three months ended | ||||||||||||||
| (in thousands) | September 30, 2025 | June 30, 2025 | $ Change | % Change | ||||||||||
| Interest and fee income | $ | 64,845 | $ | 60,580 | $ | 4,265 | 7.04 | % | ||||||
| Interest expense | 25,497 | 24,065 | 1,432 | 5.95 | % | |||||||||
| Net interest income | $ | 39,348 | $ | 36,515 | $ | 2,833 | 7.76 | % | ||||||
| Net interest margin | 3.56 | % | 3.53 | % | ||||||||||
| Three months ended | ||||||||||||||
| (in thousands) | September 30, 2025 | September 30, 2024 | $ Change | % Change | ||||||||||
| Interest and fee income | $ | 64,845 | $ | 52,667 | $ | 12,178 | 23.12 | % | ||||||
| Interest expense | 25,497 | 22,281 | 3,216 | 14.43 | % | |||||||||
| Net interest income | $ | 39,348 | $ | 30,386 | $ | 8,962 | 29.49 | % | ||||||
| Net interest margin | 3.56 | % | 3.37 | % | ||||||||||
The following table shows the components of net interest income and net interest margin for the quarterly periods indicated:
| Three months ended | |||||||||||||||||||||||||||
| September 30, 2025 | June 30, 2025 | September 30, 2024 | |||||||||||||||||||||||||
| (in thousands) | Average Balance | Interest Income/ Expense | Yield/ Rate | Average Balance | Interest Income/ Expense | Yield/ Rate | Average Balance | Interest Income/ Expense | Yield/ Rate | ||||||||||||||||||
| Assets | |||||||||||||||||||||||||||
| Interest-earning deposits in banks | $ | 451,534 | $ | 5,009 | 4.40 | % | $ | 361,866 | $ | 3,987 | 4.42 | % | $ | 126,266 | $ | 1,657 | 5.22 | % | |||||||||
| Investment securities | 96,806 | 579 | 2.38 | % | 97,886 | 577 | 2.37 | % | 106,256 | 620 | 2.32 | % | |||||||||||||||
| Loans held for investment and sale | 3,831,851 | 59,257 | 6.14 | % | 3,691,616 | 56,016 | 6.09 | % | 3,354,050 | 50,390 | 5.98 | % | |||||||||||||||
| Total interest-earning assets | 4,380,191 | 64,845 | 5.87 | % | 4,151,368 | 60,580 | 5.85 | % | 3,586,572 | 52,667 | 5.84 | % | |||||||||||||||
| Interest receivable and other assets, net | 110,118 | 101,632 | 91,965 | ||||||||||||||||||||||||
| Total assets | $ | 4,490,309 | $ | 4,253,000 | $ | 3,678,537 | |||||||||||||||||||||
| Liabilities and shareholders’ equity | |||||||||||||||||||||||||||
| Interest-bearing transaction accounts | $ | 300,642 | $ | 1,194 | 1.58 | % | $ | 283,369 | $ | 1,043 | 1.48 | % | $ | 302,188 | $ | 1,237 | 1.63 | % | |||||||||
| Savings accounts | 130,973 | 895 | 2.71 | % | 121,692 | 801 | 2.64 | % | 124,851 | 979 | 3.12 | % | |||||||||||||||
| Money market accounts | 1,874,089 | 15,348 | 3.25 | % | 1,647,628 | 13,270 | 3.23 | % | 1,578,244 | 14,688 | 3.70 | % | |||||||||||||||
| Time accounts | 639,434 | 6,899 | 4.28 | % | 726,295 | 7,790 | 4.30 | % | 326,640 | 4,172 | 5.08 | % | |||||||||||||||
| Subordinated notes and other borrowings | 73,981 | 1,161 | 6.23 | % | 73,967 | 1,161 | 6.30 | % | 76,988 | 1,205 | 6.23 | % | |||||||||||||||
| Total interest-bearing liabilities | 3,019,119 | 25,497 | 3.35 | % | 2,852,951 | 24,065 | 3.38 | % | 2,408,911 | 22,281 | 3.68 | % | |||||||||||||||
| Demand accounts | 1,016,560 | 957,034 | 852,872 | ||||||||||||||||||||||||
| Interest payable and other liabilities | 32,210 | 32,406 | 32,062 | ||||||||||||||||||||||||
| Shareholders’ equity | 422,420 | 410,609 | 384,692 | ||||||||||||||||||||||||
| Total liabilities & shareholders’ equity | $ | 4,490,309 | $ | 4,253,000 | $ | 3,678,537 | |||||||||||||||||||||
| Net interest spread | 2.52 | % | 2.47 | % | 2.16 | % | |||||||||||||||||||||
| Net interest income/margin | $ | 39,348 | 3.56 | % | $ | 36,515 | 3.53 | % | $ | 30,386 | 3.37 | % | |||||||||||||||
Net interest income during the three months ended September 30, 2025 increased
As compared to the three months ended September 30, 2024, net interest income during the three months ended September 30, 2025 increased by
Loans by Type
The following table provides loan balances, excluding deferred loan fees, by type as of the dates shown:
| (in thousands) | September 30, 2025 | June 30, 2025 | ||||||
| Real estate: | ||||||||
| Commercial | $ | 3,144,303 | $ | 3,066,627 | ||||
| Commercial land and development | 934 | 1,422 | ||||||
| Commercial construction | 136,988 | 112,399 | ||||||
| Residential construction | 5,976 | 5,479 | ||||||
| Residential | 35,739 | 33,132 | ||||||
| Farmland | 57,572 | 51,579 | ||||||
| Commercial: | ||||||||
| Secured | 191,170 | 173,855 | ||||||
| Unsecured | 38,658 | 37,568 | ||||||
| Consumer and other | 278,209 | 278,215 | ||||||
| Net deferred loan fees | (2,290 | ) | (2,251 | ) | ||||
| Total loans held for investment | $ | 3,887,259 | $ | 3,758,025 | ||||
Interest-bearing Deposits
The following table provides interest-bearing deposit balances by type as of the dates shown:
| (in thousands) | September 30, 2025 | June 30, 2025 | ||||
| Interest-bearing transaction accounts | $ | 309,118 | $ | 292,257 | ||
| Money market accounts | 1,972,158 | 1,704,652 | ||||
| Savings accounts | 137,500 | 121,567 | ||||
| Time accounts | 625,580 | 772,085 | ||||
| Total interest-bearing deposits | $ | 3,044,356 | $ | 2,890,561 | ||
Asset Quality
Allowance for Credit Losses
At September 30, 2025, the Company’s allowance for credit losses was
The Company’s ratio of nonperforming loans to loans held for investment remained at
A summary of the allowance for credit losses by loan class is as follows:
| September 30, 2025 | December 31, 2024 | |||||||||||
| (in thousands) | Amount | % of Total | Amount | % of Total | ||||||||
| Real estate: | ||||||||||||
| Commercial | $ | 23,473 | 55.81 | % | $ | 25,864 | 68.44 | % | ||||
| Commercial land and development | 30 | 0.07 | % | 78 | 0.21 | % | ||||||
| Commercial construction | 4,355 | 10.35 | % | 2,268 | 6.00 | % | ||||||
| Residential construction | 108 | 0.26 | % | 64 | 0.17 | % | ||||||
| Residential | 351 | 0.83 | % | 270 | 0.71 | % | ||||||
| Farmland | 425 | 1.01 | % | 607 | 1.61 | % | ||||||
| 28,742 | 68.33 | % | 29,151 | 77.14 | % | |||||||
| Commercial: | ||||||||||||
| Secured | 10,400 | 24.73 | % | 5,866 | 15.52 | % | ||||||
| Unsecured | 438 | 1.04 | % | 278 | 0.74 | % | ||||||
| 10,838 | 25.77 | % | 6,144 | 16.26 | % | |||||||
| Consumer and other | 2,481 | 5.90 | % | 2,496 | 6.60 | % | ||||||
| Total allowance for credit losses | $ | 42,061 | 100.00 | % | $ | 37,791 | 100.00 | % | ||||
The ratio of allowance for credit losses to loans held for investment was
Non-interest Income
The following table presents the key components of non-interest income for the periods indicated:
| Three months ended | |||||||||||||
| (in thousands) | September 30, 2025 | June 30, 2025 | $ Change | % Change | |||||||||
| Service charges on deposit accounts | $ | 185 | $ | 196 | $ | (11 | ) | (5.61 | )% | ||||
| Gain on sale of loans | — | 119 | (119 | ) | (100.00 | )% | |||||||
| Loan-related fees | 683 | 468 | 215 | 45.94 | % | ||||||||
| FHLB stock dividends | 329 | 325 | 4 | 1.23 | % | ||||||||
| Earnings on bank-owned life insurance | 209 | 220 | (11 | ) | (5.00 | )% | |||||||
| Other income | 560 | 482 | 78 | 16.18 | % | ||||||||
| Total non-interest income | $ | 1,966 | $ | 1,810 | $ | 156 | 8.62 | % | |||||
Gain on sale of loans. The decrease related to an overall decline in the volume of loans sold. During the three months ended September 30, 2025, no loans were sold, as compared to approximately
Loan-related fees. The increase resulted primarily from an increase of
The following table presents the key components of non-interest income for the periods indicated:
| Three months ended | |||||||||||||
| (in thousands) | September 30, 2025 | September 30, 2024 | $ Change | % Change | |||||||||
| Service charges on deposit accounts | $ | 185 | $ | 165 | $ | 20 | 12.12 | % | |||||
| Gain on sale of loans | — | 306 | (306 | ) | (100.00 | )% | |||||||
| Loan-related fees | 683 | 406 | 277 | 68.23 | % | ||||||||
| FHLB stock dividends | 329 | 327 | 2 | 0.61 | % | ||||||||
| Earnings on bank-owned life insurance | 209 | 162 | 47 | 29.01 | % | ||||||||
| Other income | 560 | 15 | 545 | 3,633.33 | % | ||||||||
| Total non-interest income | $ | 1,966 | $ | 1,381 | $ | 585 | 42.36 | % | |||||
Gain on sale of loans. The decrease related to an overall decline in the volume of loans sold. During the three months ended September 30, 2025, no loans were sold, as compared to approximately
Loan-related fees. The increase resulted primarily from an increase of
Other income. The increase related primarily to an overall improvement in earnings related to investments in venture-backed funds during the three months ended September 30, 2025 compared to the three months ended September 30, 2024.
Non-interest Expense
The following table presents the key components of non-interest expense for the periods indicated:
| Three months ended | |||||||||||||
| (in thousands) | September 30, 2025 | June 30, 2025 | $ Change | % Change | |||||||||
| Salaries and employee benefits | $ | 9,716 | $ | 8,910 | $ | 806 | 9.05 | % | |||||
| Occupancy and equipment | 700 | 657 | 43 | 6.54 | % | ||||||||
| Data processing and software | 1,559 | 1,508 | 51 | 3.38 | % | ||||||||
| Federal Deposit Insurance Corporation (“FDIC”) insurance | 500 | 470 | 30 | 6.38 | % | ||||||||
| Professional services | 932 | 918 | 14 | 1.53 | % | ||||||||
| Advertising and promotional | 803 | 865 | (62 | ) | (7.17 | )% | |||||||
| Loan-related expenses | 317 | 423 | (106 | ) | (25.06 | )% | |||||||
| Other operating expenses | 2,053 | 1,975 | 78 | 3.95 | % | ||||||||
| Total non-interest expense | $ | 16,580 | $ | 15,726 | $ | 854 | 5.43 | % | |||||
Salaries and employee benefits. The increase related primarily to: (i) a
Loan-related expenses. The decrease related primarily to decreases in expenses related to loans, including amortization of servicing assets, inspections, and legal fees.
The following table presents the key components of non-interest expense for the periods indicated:
| Three months ended | ||||||||||||
| (in thousands) | September 30, 2025 | September 30, 2024 | $ Change | % Change | ||||||||
| Salaries and employee benefits | $ | 9,716 | $ | 7,969 | $ | 1,747 | 21.92 | % | ||||
| Occupancy and equipment | 700 | 626 | 74 | 11.82 | % | |||||||
| Data processing and software | 1,559 | 1,327 | 232 | 17.48 | % | |||||||
| FDIC insurance | 500 | 405 | 95 | 23.46 | % | |||||||
| Professional services | 932 | 830 | 102 | 12.29 | % | |||||||
| Advertising and promotional | 803 | 584 | 219 | 37.50 | % | |||||||
| Loan-related expenses | 317 | 292 | 25 | 8.56 | % | |||||||
| Other operating expenses | 2,053 | 1,743 | 310 | 17.79 | % | |||||||
| Total non-interest expense | $ | 16,580 | $ | 13,776 | $ | 2,804 | 20.35 | % | ||||
Salaries and employee benefits. The increase related primarily to: (i) a
Data processing and software. The increase was primarily due to: (i) increased usage of our digital banking platform; (ii) higher transaction volumes related to the increased number of loan and deposit accounts; and (iii) an increased number of licenses required for new users on our loan origination and documentation system.
Professional services. The increase was primarily due to a
Advertising and promotional. The increase related primarily to additional expenses incurred to support the expansion of the Bank’s business development teams, including a
Other operating expenses. The increase was primarily due to: (i) a
Provision for Income Taxes
On July 4, 2025, the President signed H.R. 1, the “One Big Beautiful Bill Act,” into law. The legislation includes several changes to federal tax law that generally allow for more favorable deductibility of certain business expenses beginning in 2025, including the restoration of immediate expensing of domestic R&D expenditures, reinstatement of
Three months ended September 30, 2025, as compared to three months ended June 30, 2025
Provision for income taxes increased to
Three months ended September 30, 2025, as compared to three months ended September 30, 2024
Provision for income taxes increased by
Webcast Details
Five Star Bancorp will host a live webcast for analysts and investors on Tuesday, October 28, 2025 at 1:00 PM ET (10:00 AM PT) to discuss its third quarter financial results. To view the live webcast, visit the “News & Events” section of the Company’s website under “Events” at https://investors.fivestarbank.com/news-events/events. The webcast will be archived on the Company’s website for a period of 90 days.
About Five Star Bancorp
Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has nine branches in Northern California.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company’s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan,” or words or phases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company’s control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company’s control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company’s forward-looking information and statements proves incorrect, then the Company’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company’s forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Reports on Form 10-Q for the three months ended March 31, 2025 and June 30, 2025, in each case under the section entitled “Risk Factors,” and other documents filed by the Company with the Securities and Exchange Commission from time to time.
The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.
Condensed Financial Data (Unaudited)
| Three months ended | ||||||||||||
| (in thousands, except per share and share data) | September 30, 2025 | June 30, 2025 | September 30, 2024 | |||||||||
| Revenue and Expense Data | ||||||||||||
| Interest and fee income | $ | 64,845 | $ | 60,580 | $ | 52,667 | ||||||
| Interest expense | 25,497 | 24,065 | 22,281 | |||||||||
| Net interest income | 39,348 | 36,515 | 30,386 | |||||||||
| Provision for credit losses | 2,500 | 2,500 | 2,750 | |||||||||
| Net interest income after provision | 36,848 | 34,015 | 27,636 | |||||||||
| Non-interest income: | ||||||||||||
| Service charges on deposit accounts | 185 | 196 | 165 | |||||||||
| Gain on sale of loans | — | 119 | 306 | |||||||||
| Loan-related fees | 683 | 468 | 406 | |||||||||
| FHLB stock dividends | 329 | 325 | 327 | |||||||||
| Earnings on bank-owned life insurance | 209 | 220 | 162 | |||||||||
| Other income | 560 | 482 | 15 | |||||||||
| Total non-interest income | 1,966 | 1,810 | 1,381 | |||||||||
| Non-interest expense: | ||||||||||||
| Salaries and employee benefits | 9,716 | 8,910 | 7,969 | |||||||||
| Occupancy and equipment | 700 | 657 | 626 | |||||||||
| Data processing and software | 1,559 | 1,508 | 1,327 | |||||||||
| FDIC insurance | 500 | 470 | 405 | |||||||||
| Professional services | 932 | 918 | 830 | |||||||||
| Advertising and promotional | 803 | 865 | 584 | |||||||||
| Loan-related expenses | 317 | 423 | 292 | |||||||||
| Other operating expenses | 2,053 | 1,975 | 1,743 | |||||||||
| Total non-interest expense | 16,580 | 15,726 | 13,776 | |||||||||
| Income before provision for income taxes | 22,234 | 20,099 | 15,241 | |||||||||
| Provision for income taxes | 5,890 | 5,591 | 4,300 | |||||||||
| Net income | $ | 16,344 | $ | 14,508 | $ | 10,941 | ||||||
| Comprehensive Income | ||||||||||||
| Net income | $ | 16,344 | $ | 14,508 | $ | 10,941 | ||||||
| Net unrealized holding gain on securities available-for-sale during the period | 2,843 | 190 | 3,549 | |||||||||
| Less: Income tax expense related to other comprehensive income (loss) | 763 | 502 | 1,049 | |||||||||
| Other comprehensive income (loss) | 2,080 | (312 | ) | 2,500 | ||||||||
| Total comprehensive income | $ | 18,424 | $ | 14,196 | $ | 13,441 | ||||||
| Share and Per Share Data | ||||||||||||
| Earnings per common share: | ||||||||||||
| Basic | $ | 0.77 | $ | 0.68 | $ | 0.52 | ||||||
| Diluted | $ | 0.77 | $ | 0.68 | $ | 0.52 | ||||||
| Book value per share | $ | 20.19 | $ | 19.51 | $ | 18.29 | ||||||
| Tangible book value per share(1) | $ | 20.19 | $ | 19.51 | $ | 18.29 | ||||||
| Weighted average basic common shares outstanding | 21,231,563 | 21,225,831 | 21,182,143 | |||||||||
| Weighted average diluted common shares outstanding | 21,281,818 | 21,269,265 | 21,232,758 | |||||||||
| Shares outstanding at end of period | 21,367,387 | 21,360,991 | 21,319,583 | |||||||||
| Selected Financial Ratios | ||||||||||||
| ROAA | 1.44 | % | 1.37 | % | 1.18 | % | ||||||
| ROAE | 15.35 | % | 14.17 | % | 11.31 | % | ||||||
| Net interest margin | 3.56 | % | 3.53 | % | 3.37 | % | ||||||
| Loan to deposit(2) | 94.73 | % | 96.50 | % | 101.87 | % | ||||||
(1) See the section entitled “Non-GAAP Reconciliation (Unaudited)” for a reconciliation of this non-GAAP financial measure.
(2) Loan balance in loan to deposit ratio is total loans held for investment and sale at period end. Deposit balance in loan to deposit ratio is total deposits at period end.
| (in thousands) | September 30, 2025 | June 30, 2025 | September 30, 2024 | |||||||||
| Balance Sheet Data | ||||||||||||
| Cash and due from financial institutions | $ | 44,147 | $ | 53,724 | $ | 44,531 | ||||||
| Interest-bearing deposits in banks | 536,300 | 430,086 | 206,321 | |||||||||
| Time deposits in banks | 100 | 849 | 4,118 | |||||||||
| Securities - available-for-sale, at fair value | 95,635 | 94,990 | 104,238 | |||||||||
| Securities - held-to-maturity, at amortized cost | 2,190 | 2,585 | 2,720 | |||||||||
| Loans held for sale | — | 309 | 2,910 | |||||||||
| Loans held for investment | 3,887,259 | 3,758,025 | 3,460,565 | |||||||||
| Allowance for credit losses | (42,061 | ) | (40,167 | ) | (37,583 | ) | ||||||
| Loans held for investment, net of allowance for credit losses | 3,845,198 | 3,717,858 | 3,422,982 | |||||||||
| FHLB stock | 15,000 | 15,000 | 15,000 | |||||||||
| Operating leases, right-of-use asset | 9,751 | 7,094 | 6,590 | |||||||||
| Premises and equipment, net | 1,656 | 1,606 | 1,657 | |||||||||
| Bank-owned life insurance | 23,676 | 23,466 | 19,192 | |||||||||
| Interest receivable and other assets | 68,117 | 65,906 | 56,745 | |||||||||
| Total assets | $ | 4,641,770 | $ | 4,413,473 | $ | 3,887,004 | ||||||
| Non-interest-bearing deposits | $ | 1,059,082 | $ | 1,004,061 | $ | 906,939 | ||||||
| Interest-bearing deposits | 3,044,356 | 2,890,561 | 2,493,040 | |||||||||
| Total deposits | 4,103,438 | 3,894,622 | 3,399,979 | |||||||||
| Subordinated notes, net | 74,004 | 73,968 | 73,859 | |||||||||
| Other borrowings | — | — | — | |||||||||
| Operating lease liability | 10,431 | 7,744 | 7,101 | |||||||||
| Interest payable and other liabilities | 22,589 | 20,397 | 16,135 | |||||||||
| Total liabilities | 4,210,462 | 3,996,731 | 3,497,074 | |||||||||
| Common stock | 303,571 | 303,155 | 302,251 | |||||||||
| Retained earnings | 137,615 | 125,545 | 97,411 | |||||||||
| Accumulated other comprehensive loss, net of taxes | (9,878 | ) | (11,958 | ) | (9,732 | ) | ||||||
| Total shareholders’ equity | 431,308 | 416,742 | 389,930 | |||||||||
| Total liabilities and shareholders’ equity | $ | 4,641,770 | $ | 4,413,473 | $ | 3,887,004 | ||||||
| Quarterly Average Balance Data | ||||||||||||
| Average loans held for investment and sale | $ | 3,831,851 | $ | 3,691,616 | $ | 3,354,050 | ||||||
| Average interest-earning assets | 4,380,191 | 4,151,368 | 3,586,572 | |||||||||
| Average total assets | 4,490,309 | 4,253,000 | 3,678,537 | |||||||||
| Average deposits | 3,961,698 | 3,736,018 | 3,184,795 | |||||||||
| Average total equity | 422,420 | 410,609 | 384,692 | |||||||||
| Credit Quality | ||||||||||||
| Allowance for credit losses to nonperforming loans | 1,975.62 | % | 1,763.26 | % | 2,041.44 | % | ||||||
| Nonperforming loans to loans held for investment | 0.05 | % | 0.06 | % | 0.05 | % | ||||||
| Nonperforming assets to total assets | 0.05 | % | 0.05 | % | 0.05 | % | ||||||
| Nonperforming loans plus performing loan modifications to loans held for investment | 0.05 | % | 0.06 | % | 0.05 | % | ||||||
| Capital Ratios | ||||||||||||
| Total shareholders’ equity to total assets | 9.29 | % | 9.44 | % | 10.03 | % | ||||||
| Tangible shareholders’ equity to tangible assets(1) | 9.29 | % | 9.44 | % | 10.03 | % | ||||||
| Total capital (to risk-weighted assets) | 13.59 | % | 13.73 | % | 13.94 | % | ||||||
| Tier 1 capital (to risk-weighted assets) | 10.77 | % | 10.85 | % | 10.93 | % | ||||||
| Common equity Tier 1 capital (to risk-weighted assets) | 10.77 | % | 10.85 | % | 10.93 | % | ||||||
| Tier 1 leverage ratio | 9.78 | % | 10.03 | % | 10.83 | % | ||||||
(1) See the section entitled “Non-GAAP Reconciliation (Unaudited)” for a reconciliation of this non-GAAP financial measure.
Non-GAAP Reconciliation (Unaudited)
The Company uses financial information in its analysis of the Company’s performance that is not in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company believes that these non-GAAP financial measures provide useful information to management and investors that is supplementary to the Company’s financial condition, results of operations, and cash flows computed in accordance with GAAP. However, the Company acknowledges that its non-GAAP financial measures have a number of limitations. As such, investors should not view these disclosures as a substitute for results determined in accordance with GAAP. Additionally, these non-GAAP measures are not necessarily comparable to non-GAAP financial measures that other banking companies use. Other banking companies may use names similar to those the Company uses for the non-GAAP financial measures the Company discloses, but may calculate them differently. Investors should understand how the Company and other companies each calculate their non-GAAP financial measures when making comparisons.
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. Management believes that tangible shareholders’ equity to tangible assets is a useful financial measure because it enables management, investors, and others to assess the Company’s financial health based on tangible capital. 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.
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. Management believes that tangible book value per share is a useful financial measure because it enables management, investors, and others to assess the Company’s value and use of equity. 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 each of the periods indicated.
Pre-tax, pre-provision income is defined as pre-tax income plus provision for credit losses. The most directly comparable GAAP financial measure is pre-tax income. Management believes that pre-tax, pre-provision income is a useful financial measure because it enables management, investors, and others to assess the Company’s ability to generate operating profit and capital.
The following reconciliation table provides a more detailed analysis of this non-GAAP financial measure:
| Three months ended | |||||||||
| (in thousands) | September 30, 2025 | June 30, 2025 | September 30, 2024 | ||||||
| Pre-tax, pre-provision income | |||||||||
| Pre-tax income | $ | 22,234 | $ | 20,099 | $ | 15,241 | |||
| Add: provision for credit losses | 2,500 | 2,500 | 2,750 | ||||||
| Pre-tax, pre-provision income | $ | 24,734 | $ | 22,599 | $ | 17,991 | |||
Investor Contact:
Heather C. Luck, Chief Financial Officer
Five Star Bancorp
(916) 626-5008
hluck@fivestarbank.com
Media Contact:
Shelley R. Wetton, Chief Marketing Officer
Five Star Bancorp
(916) 284-7827
swetton@fivestarbank.com
FAQ
What was Five Star Bancorp (FSBC) net income for Q3 2025?
How much did Five Star (FSBC) loans grow in Q3 2025?
What deposit growth did Five Star Bank (FSBC) report for Q3 2025?
Did Five Star Bancorp (FSBC) pay a dividend in 2025?
What happened to Five Star (FSBC) non-wholesale and wholesale deposits in Q3 2025?
What was Five Star Bancorp’s (FSBC) common equity Tier 1 ratio at September 30, 2025?
How material were Five Star’s securities valuation losses in Q3 2025?
