FIVE STAR BANCORP
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
FSBC$44.29+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (in thousands, except share amounts) | September 30, 2024 | December 31, 2023 |
|---|---|---|
| ASSETS | ||
| Cash and due from financial institutions | $44,531 | $26,986 |
| Interest-bearing deposits in banks | 206,321 | 294,590 |
| Cash and cash equivalents | 250,852 | 321,576 |
| Time deposits in banks | 4,118 | 5,858 |
| Securities available-for-sale, at fair value, net of allowance for credit losses of $0 at September 30, 2024 and December 31, 2023 (amortized cost of $118,053 and $124,788 at September 30, 2024 and December 31, 2023, respectively) | 104,238 | 108,083 |
| Securities held-to-maturity, at amortized cost, net of allowance for credit losses of $20 at September 30, 2024 and December 31, 2023 (fair value of $2,643 and $2,913 at September 30, 2024 and December 31, 2023, respectively) | 2,720 | 3,077 |
| Loans held for sale | 2,910 | 11,464 |
| Loans held for investment | 3,460,565 | 3,081,719 |
| Allowance for credit losses | (37,583) | (34,431) |
| Loans held for investment, net of allowance for credit losses | 3,422,982 | 3,047,288 |
| FHLB stock | 15,000 | 15,000 |
| Operating leases, right-of-use asset, net | 6,590 | 5,284 |
| Premises and equipment, net | 1,657 | 1,623 |
| Bank-owned life insurance | 19,192 | 17,180 |
| Interest receivable and other assets | 56,745 | 56,692 |
| Total assets | $3,887,004 | $3,593,125 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Deposits: | ||
| Non-interest-bearing | $906,939 | $831,101 |
| Interest-bearing | 2,493,040 | 2,195,795 |
| Total deposits | 3,399,979 | 3,026,896 |
| Borrowings: | ||
| Subordinated notes, net | 73,859 | 73,749 |
| Other borrowings | — | 170,000 |
| Operating lease liability | 7,101 | 5,603 |
| Interest payable and other liabilities | 16,135 | 31,103 |
| Total liabilities | 3,497,074 | 3,307,351 |
| Commitments and contingencies (Note 8) | ||
| Shareholders’ equity: | ||
| Preferred stock, no par value; 10,000,000 shares authorized; zero issued and outstanding at September 30, 2024 and December 31, 2023 | — | — |
| Common stock, no par value; 100,000,000 shares authorized; 21,319,583 shares issued and outstanding at September 30, 2024; 17,256,989 shares issued and outstanding at December 31, 2023 | 302,251 | 220,505 |
| Retained earnings | 97,411 | 77,036 |
| Accumulated other comprehensive loss, net of taxes | (9,732) | (11,767) |
| Total shareholders’ equity | 389,930 | 285,774 |
| Total liabilities and shareholders’ equity | $3,887,004 | $3,593,125 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.