Five Star Bancorp (FSBC) Financial Statements (2024 and earlier)

Company Profile

Business Address 3100 ZINFANDEL DRIVE
RANCHO CORDOVA, CA 95670
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments327,434269,840425,329
Cash and cash equivalents327,434269,840425,329
Total current assets:327,434269,840425,329
Noncurrent Assets
Operating lease, right-of-use asset5,2843,981 
Property, plant and equipment1,6231,6051,773
Long-term investments and receivables 6,8015,6805,741
Long-term investments 6,8015,6805,741
Investment, proportional amortization method, elected, amount 2,050  
Total noncurrent assets:15,75811,2667,514
Other undisclosed assets3,249,9332,946,0532,123,918
TOTAL ASSETS:3,593,1253,227,1592,556,761
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt 13,612  
Investment program, proportional amortization method, elected, commitment 13,612  
Total noncurrent liabilities: 13,612  
Other undisclosed liabilities3,293,7392,974,3342,321,715
Total liabilities:3,307,3512,974,3342,321,715
Commitments and contingencies   248,877
Equity
Equity, attributable to parent285,774252,825235,046
Common stock220,505219,543218,444
Accumulated other comprehensive loss(11,767)(13,454)(566)
Retained earnings77,03646,73617,168
Other undisclosed equity   (248,877)
Total equity:285,774252,825(13,831)
TOTAL LIABILITIES AND EQUITY:3,593,1253,227,1592,556,761

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Revenues
(Net Investment Income)
174,382117,91881,583
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(4,000)(6,700)(1,700)
Gross profit:170,382111,21879,883
Operating expenses(11,211)(9,525)(9,524)
Other operating income, net
(Noninterest Income, Other Operating Income)
1,952586802
Operating income:161,123102,27971,161
Nonoperating income
(Bank Owned Life Insurance Income)
510412237
Interest and debt expense(63,502)(14,848)(3,972)
Income from continuing operations before equity method investments, income taxes:98,13187,84367,426
Other undisclosed loss from continuing operations before income taxes(31,515)(24,985)(20,278)
Income from continuing operations before income taxes:66,61662,85847,148
Income tax expense(18,882)(18,057)(4,707)
Income from continuing operations:47,73444,80142,441
Income before gain (loss) on sale of properties:42,441
Net income available to common stockholders, diluted:47,73444,80142,441

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net income:47,73444,80142,441
Comprehensive income:47,73444,80142,441
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,687(12,888)(1,911)
Comprehensive income, net of tax, attributable to parent:49,42131,91340,530

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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