Five Star Bancorp (FSBC) investor relations material

Executive summary

• Net income for Q2 2026 was $19.4 million, up from $18.6 million in Q1 2026 and $14.5 million in Q2 2025, reflecting strong loan and deposit growth and a relationship-focused model.

• Total assets grew 13.1% to $5.4B from December 2025; loans held for investment rose 10.9% to $4.5B.

• Deposits increased 14.2% to $4.8B, with non-interest-bearing deposits at $1.2B (24.5% of total).

• Recognized as the Best Place to Work by the San Francisco Business Times and received multiple industry awards.

• Opened a new branch in Lodi, California in July 2026, expanding presence in key markets.

Financial highlights

• Net income for Q2 2026 was $19.4M, up 33.7% year-over-year; EPS reached $0.91, up from $0.87 in Q1 2026 and $0.68 in Q2 2025.

• Net interest income was $46.1M, up 26.2% year-over-year; net interest margin was 3.63%, up 10 bps year-over-year.

• Non-interest income for Q2 2026 was $1.9M, driven by venture-backed fund earnings.

• Efficiency ratio was 40.91% in Q2 2026, improved from 41.03% in Q2 2025.

• Tangible book value per share was $22.14 at June 30, 2026.

Outlook and guidance

• Management expects continued disciplined growth, risk management, and improvement in efficiency ratio.

• All capital ratios remain above well-capitalized regulatory thresholds.

• The company plans to maintain quarterly cash dividends, subject to board discretion.

• Well-positioned to navigate volatile interest rate and macroeconomic environments due to a high proportion of adjustable/floating loans.

• Loan portfolio growth is expected to continue, with no material change in product or geographic concentrations.