secwatch.observer — SEC 8-K summary
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Issuer:     FIVE STAR BANCORP (FSBC)
CIK:        0001275168
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001275168-24-000135
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Star Bancorp Q3 net income $10.9M; loans up 6% QoQ, deposits up 8%
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- EPS $0.52 diluted, vs $0.51 QoQ and $0.64 YoY; net income $10.9M (stable vs $11.0M YoY).
- Total loans held for investment $3.46B (+5.95% QoQ, +14.97% YoY); total deposits $3.40B (+7.95% QoQ).
- Net interest margin 3.37% (3.39% QoQ, 3.31% YoY); cost of funds 2.72% (up 16 bps QoQ).
- Efficiency ratio improved to 43.37% from 44.07% QoQ; no short-term borrowings at quarter end.
- Declared $0.20/sh dividend payable Nov 12; opened San Francisco office with $189M deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275168/000127516824000135/0001275168-24-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275168/000127516824000135/fsbc-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001275168-24-000135

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