FIVE STAR BANCORP
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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.
Mar 31, 2026 · Filed May 7, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
Quarterly Report on Form 10-Q
March 31, 2026
| PART I | FINANCIAL INFORMATION | 1 |
|---|---|---|
| ITEM 1. | Financial Statements (unaudited) | 1 |
| Consolidated Balance Sheets | 1 | |
| Consolidated Statements of Income | 2 | |
| Consolidated Statements of Comprehensive Income | 3 | |
| Consolidated Statements of Shareholders’ Equity | 4 | |
| Consolidated Statements of Cash Flows | 5 | |
| Notes to Consolidated Financial Statements | 7 | |
| ITEM 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 30 |
| ITEM 3. | Quantitative and Qualitative Disclosure About Market Risk | 62 |
| ITEM 4. | Controls and Procedures | 63 |
| PART II | OTHER INFORMATION | 64 |
| ITEM 1. | Legal Proceedings | 64 |
| ITEM 1A. | Risk Factors | 64 |
| ITEM 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 64 |
| ITEM 3. | Defaults Upon Senior Securities | 64 |
| ITEM 4. | Mine Safety Disclosures | 64 |
| ITEM 5. | Other Information | 64 |
| ITEM 6. | Exhibits | 65 |
| SIGNATURES | 66 |
Glossary of Acronyms, Abbreviations, and Terms
The terms identified below are used in various sections of this Form 10-Q, including the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Item 2 and the unaudited Consolidated Financial Statements and Notes to the Financial Statements in Item 1 of this Form 10-Q.
| 2025 Annual Report on Form 10-K | Company’s Annual Report on Form 10-K for the year ended December 31, 2025 | FHLMC | Federal Home Loan Mortgage Corporation |
|---|---|---|---|
| ASC | Accounting Standards Codification | FNMA | Federal National Mortgage Association |
| ASU | Accounting Standards Update | GAAP | Generally Accepted Accounting Principles in the U.S. |
| Bancorp | Five Star Bancorp and its subsidiary | GNMA | Government National Mortgage Association |
| Bank | Five Star Bank | GSE | Government Sponsored Entity |
| Basel III | A capital framework and rules for U.S. banking organizations | IPO | Initial Public Offering |
| BOLI | Bank-Owned Life Insurance | LM | Loan modification made to borrower experiencing financial difficulty |
| CECL | Current Expected Credit Loss | NII | Net Interest Income |
| CFPB | Consumer Financial Protection Bureau | OCI | Other Comprehensive Income |
| CME | Chicago Mercantile Exchange | PSU | Performance-based Restricted Stock Unit |
| EPS | Earnings per Share | RSA | Restricted Stock Award |
| EVE | Economic Value of Equity | ROAA | Return on Average Assets, annualized |
| FASB | Financial Accounting Standards Board | ROAE | Return on Average Equity, annualized |
| FDIC | Federal Deposit Insurance Corporation | SBA | U.S. Small Business Administration |
| Federal Reserve | Board of Governors of the Federal Reserve System | SEC | Securities and Exchange Commission |
| FFIEC | Federal Financial Institutions Examination Council | SOFR | Secured Overnight Financing Rate |
| FHLB | Federal Home Loan Bank of San Francisco | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.