secwatch.observer — SEC 8-K summary
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Issuer:     FIVE STAR BANCORP (FSBC)
CIK:        0001275168
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001275168-24-000090
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Star Bancorp Q1 net income $10.6M, EPS $0.62; margin compresses to 3.14%
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- Net income $10.6M vs $13.2M YoY; diluted EPS $0.62 vs $0.77.
- Net interest margin 3.14% (down 61bps YoY); efficiency ratio 44.50%.
- Wholesale deposits down $183.1M (51%); non-wholesale deposits up $112M (4.2%).
- Loans held for investment $3.1B (+0.73% QoQ); NPL ratio 0.06%.
- Public offering of 3.45M shares closed Apr 2; dividend $0.20 declared for May 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275168/000127516824000090/0001275168-24-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275168/000127516824000090/fsbc-20240429.htm
  HTML page:      https://secwatch.observer/filing/0001275168-24-000090

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