Five Star Bancorp Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 30, 2024
Share
Five Star Bancorp reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 26.68 million compared to USD 29.14 million a year ago. Net income was USD 10.8 million compared to USD 13.28 million a year ago. Basic earnings per share from continuing operations was USD 0.63 compared to USD 0.77 a year ago. Diluted earnings per share from continuing operations was USD 0.63 compared to USD 0.77 a year ago.
For the full year, the company reported net interest income was USD 110.880 million compared to USD 103.070 million a year ago. Net income was USD 47.734 million compared to USD 44.801 million a year ago. Basic earnings per share from continuing operations was USD 2.78 compared to USD 2.61 a year ago. Diluted earnings per share from continuing operations was USD 2.78 compared to USD 2.61 a year ago.
Five Star Bancorp is a bank holding company that operates through its subsidiary, Five Star Bank (the Bank), a California state-chartered bank. It provides range of banking products and services to small and medium-sized businesses, professionals, and individuals primarily in Northern California through seven branch offices, the Internet, and its mobile banking application. It offers a variety of loans to small and medium-sized businesses, professionals, and individuals, including commercial real estate, commercial, commercial land and construction, and farmland loans. It also provides residential real estate and construction loans and consumer loans. It offers a range of deposit products for small and medium-sized businesses, professionals, and individuals, including a variety of checking and savings accounts, time deposits, and money market accounts. It offers a range of deposit services, including debit cards, remote deposit capture, online banking, and direct deposit services.
FIVE STAR BANCORP 
