secwatch.observer — SEC 8-K summary
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Issuer:     FIVE STAR BANCORP (FSBC)
CIK:        0001275168
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001275168-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Star Bancorp Q4 net income $13.3M, EPS $0.77; loans up 44% YoY
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- Q4 net income $13.3M (diluted EPS $0.77) vs $11.3M ($0.66) a year ago; FY net income $44.8M.
- Loans held for investment grew 44.29% YoY to $2.79B; nonperforming loans ratio improved to 0.01%.
- Net interest margin 3.83% (Q4) and 3.75% (FY); ROAA 1.70%, ROAE 21.50%.
- Board declared $0.15/share dividend; redeemed $28.8M subordinated notes in Dec 2022.
- Provision for loan losses $1.25M in Q4, $6.7M for full year; allowance $28.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275168/000127516823000009/0001275168-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275168/000127516823000009/fsbc-20230130.htm
  HTML page:      https://secwatch.observer/filing/0001275168-23-000009

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