secwatch.observer — SEC 8-K summary
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Issuer:     FIVE STAR BANCORP (FSBC)
CIK:        0001275168
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001275168-23-000127
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Star Bancorp Q3 net income $11M, down 13% QoQ; NIM 3.31% vs 3.45%
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- Net income $11.0M ($0.64 diluted EPS), down from $12.7M ($0.74) in Q2 2023 and $11.7M ($0.68) in Q3 2022.
- Net interest margin compressed to 3.31% from 3.45% QoQ and 3.86% year ago.
- Total deposits grew $102.5M (+3.5%) QoQ; non-brokered deposits up $137.5M.
- Loans held for investment increased $82.5M (+2.82%) QoQ; nonperforming loans rose to 0.07% from 0.01%.
- Board declared $0.20 per share dividend; efficiency ratio 41.63%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275168/000127516823000127/0001275168-23-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275168/000127516823000127/fsbc-20231030.htm
  HTML page:      https://secwatch.observer/filing/0001275168-23-000127

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