secwatch.observer — SEC 8-K summary
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Issuer:     FIVE STAR BANCORP (FSBC)
CIK:        0001275168
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001275168-23-000071
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 Q1 2023 net income $13.2M, EPS $0.77; dividend raised 33% to $0.20
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275168/000127516823000071/0001275168-23-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275168/000127516823000071/fsbc-20230424.htm
  HTML page:      https://secwatch.observer/filing/0001275168-23-000071

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