---
schema_version: "secwatch.filing_event.v1"
accession: "0001275168-24-000013"
form_type: "8-K"
ticker: "FSBC"
cik: "0001275168"
company_name: "FIVE STAR BANCORP"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T14:43:07.052941+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Five Star Bancorp Q4 net income $10.8M, down 18.7% YoY; full-year net income $47.7M, up 6.6%

## Summary
- Q4 2023 diluted EPS $0.63 vs $0.77 YoY; net income $10.8M vs $13.3M.
- Net interest margin fell to 3.19% from 3.83% YoY; cost of funds rose to 2.50%.
- Loans held for investment grew 10.4% YoY to $3.08B; deposits up 8.8% to $3.03B.
- San Francisco Bay Area expansion: 10 employees generated $73.8M in deposits by year-end.
- Board declared $0.20/share dividend payable Feb 12, 2024; efficiency ratio 44.25%.

## SEC filing metadata
- accession: 0001275168-24-000013
- form_type: 8-K
- ticker: FSBC
- cik: 0001275168
- company_name: FIVE STAR BANCORP
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1275168/000127516824000013/0001275168-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275168/000127516824000013/fsbc-20240129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275168-24-000013
- JSON: https://secwatch.observer/filing/0001275168-24-000013.json
- Plain text: https://secwatch.observer/filing/0001275168-24-000013.txt

## Key facts
- Earnings Releases
  FIVE STAR BANCORP reported the year ended December 31, 2023 results: net income $47.7 million, EPS $2.78 per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: $47.7 million
  - EPS: $2.78 per diluted share
  - Result: reported results
  source text: Net income for the year ended December 31, 2023 was $47.7 million, as compared to $44.8 million for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275168/000127516824000013/0001275168-24-000013-index.htm
- Earnings Releases
  FIVE STAR BANCORP reported the three months ended December 31, 2023 results: net income $10.8 million, EPS $0.63 per diluted share.
  - Period: the three months ended December 31, 2023
  - Net income: $10.8 million
  - EPS: $0.63 per diluted share
  - Result: reported results
  source text: Five Star Bancorp (Nasdaq: FSBC) (the “Company” or “Five Star”), the holding company for Five Star Bank, today reported net income of $10.8 million for the three months ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275168/000127516824000013/0001275168-24-000013-index.htm

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