---
schema_version: "secwatch.filing_event.v1"
accession: "0001275168-23-000071"
form_type: "8-K"
ticker: "FSBC"
cik: "0001275168"
company_name: "FIVE STAR BANCORP"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T15:39:32.125214+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Five Star Bancorp Q1 2023 net income $13.2M, EPS $0.77; dividend raised 33% to $0.20

## Summary
- Net income $13.2M ($0.77 diluted EPS) vs $9.9M ($0.58) a year ago; net interest margin 3.75%.
- Total deposits grew 4.97% to $2.92B; cash & equivalents $347.9M (11.91% of deposits).
- Dividend increased 33% to $0.20 per share, declared April 20, 2023.
- Adopted CECL on Jan 1, 2023; allowance for credit losses $34.2M (1.19% of loans).
- Nonperforming loans remain low at 0.01%; CET1 ratio 9.02%.

## SEC filing metadata
- accession: 0001275168-23-000071
- form_type: 8-K
- ticker: FSBC
- cik: 0001275168
- company_name: FIVE STAR BANCORP
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275168/000127516823000071/0001275168-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275168/000127516823000071/fsbc-20230424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275168-23-000071
- JSON: https://secwatch.observer/filing/0001275168-23-000071.json
- Plain text: https://secwatch.observer/filing/0001275168-23-000071.txt

## Key facts
- Earnings Releases
  FIVE STAR BANCORP reported the quarter ended March 31, 2023 results: net income $13,161, EPS $0.77.
  - Period: the quarter ended March 31, 2023
  - Net income: $13,161
  - EPS: $0.77
  - Result: reported results
  source text: Net income $ 13,161 $ 13,282 $ 9,862 Basic earnings per common share $ 0.77 $ 0.77 $ 0.58
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275168/000127516823000071/0001275168-23-000071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.