Five Star Bancorp reported net income of $16.3 million for Q3 2025, up from $14.5 million in Q2 2025 and $10.9 million in Q3 2024. Total loans increased by $129.2 million and deposits by $208.8 million in Q3 2025. The bank declared a cash dividend of $0.20 per share.

Key highlights for Q3 2025 include a 3.44% increase in loans held for investment, a 5.36% increase in total deposits, and a decrease in wholesale deposits by $150.2 million. The bank opened a new office in Walnut Creek, California, and saw growth in its Food, Agribusiness, and Diversified Industries business.

With an efficiency ratio of 40.13%, net interest margin of 3.56%, and cost of funds at 2.51%, Five Star Bancorp’s Q3 results show strong growth. Total deposits increased by $208.8 million, with cash and cash equivalents at $580.4 million. The bank has no short-term borrowings and a common equity Tier 1 capital ratio of 10.77%.

The bank’s Q3 2025 net interest income increased by $2.8 million compared to Q2 2025, driven by loan growth and improved interest income. Net interest margin was 3.56%, up three basis points from the previous quarter. The provision for credit losses remained at $2.5 million.

Five Star Bancorp’s Q3 2025 non-interest income was $1.966 million, with notable increases in loan-related fees and FHLB stock dividends. Total non-interest expense was $16.58 million, with increases in salaries and employee benefits, data processing, and software expenses.

The company’s Q3 2025 provision for income taxes was $5.9 million, reflecting an increase over Q2 2025. The effective tax rate was 26.49%, lower than the 27.82% in the previous quarter. Provision for income taxes also increased compared to Q3 2024.

Five Star Bancorp will host a live webcast on October 28, 2025, to discuss its Q3 financial results. The bank operates through its banking subsidiary, Five Star Bank, with nine branches in Northern California. It has a strong capital position and focuses on relationship-based service for clients.

Read more at GlobeNewswire: Five Star Bancorp Announces Third Quarter 2025 Results