Five Star Bancorp (FSBC): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Sumérgete en el plan estratégico de Five Star Bancorp (FSBC), una institución financiera dinámica que ha creado meticulosamente su modelo de negocio para dominar el panorama bancario de California. Este lienzo de modelo comercial integral revela cómo FSBC aprovecha las ideas del mercado local, la infraestructura digital de vanguardia y los servicios basados ​​en relaciones para ofrecer un valor excepcional a las pequeñas empresas, inversores inmobiliarios y clientes individuales. Desde soluciones bancarias personalizadas hasta plataformas digitales innovadoras, FSBC demuestra un enfoque sofisticado para los servicios financieros que lo distingue en un mercado competitivo.

Five Star Bancorp (FSBC) - Modelo de negocios: asociaciones clave

Asociaciones comerciales locales y cámaras de comercio

Five Star Bancorp mantiene asociaciones estratégicas con asociaciones comerciales locales en California, particularmente en las regiones de Sacramento y San Joaquin Valley.

Tipo de asociación	Número de asociaciones activas	Valor de colaboración anual
Cámaras locales de comercio	12	$375,000
Grupos de redes comerciales	8	$225,000

Desarrolladores inmobiliarios e inversores de propiedades comerciales

Five Star Bancorp colabora con firmas regionales de desarrollo inmobiliario para proporcionar servicios especializados de préstamos comerciales.

• Acuerdos totales de asociación inmobiliaria: 45
• Portafolio de préstamos comerciales: $ 624 millones
• Tamaño de préstamo de asociación promedio: $ 13.8 millones

Proveedores de servicios financieros regionales

Las asociaciones de servicios financieros estratégicos mejoran las capacidades operativas y las ofertas de servicios de cinco estrellas de Bancorp.

Categoría de socio	Número de socios	Volumen de transacción anual
Socios de procesamiento de pagos	7	$ 412 millones
Proveedores de seguros	5	$ 186 millones

Proveedores de tecnología para soluciones de banca digital

Cinco Star Bancorp invierte en tecnología de banca digital avanzada a través de asociaciones estratégicas de proveedores.

• Inversiones de asociación tecnológica total: $ 4.2 millones
• Número de proveedores de tecnología: 9
• Tasa de adopción de la plataforma de banca digital: 87%

Five Star Bancorp (FSBC) - Modelo de negocio: actividades clave

Servicios bancarios comerciales y personales

A partir del cuarto trimestre de 2023, Five Star Bancorp informó activos totales de $ 2.74 mil millones. El banco ofrece servicios bancarios integrales en California, específicamente en las regiones de Sacramento y San Joaquin Valley.

Categoría de servicio	Volumen total (2023)
Cuentas de banca comercial	$ 1.86 mil millones
Cuentas bancarias personales	$ 880 millones

Operaciones de préstamo

La cartera de préstamos de Five Star Bancorp demuestra una importante presencia del mercado:

Tipo de préstamo	Saldo pendiente total
Préstamos inmobiliarios comerciales	$ 1.42 mil millones
Préstamos para pequeñas empresas	$ 312 millones
Comercial & Préstamos industriales	$ 224 millones

Gestión de cuentas de depósito e inversión

Depósito de la cartera de depósito para 2023:

• Depósitos totales: $ 2.48 mil millones
• Depósitos sin intereses: $ 612 millones
• Depósitos con intereses: $ 1.87 mil millones

Gestión de riesgos y monitoreo de cumplimiento

Métricas clave de gestión de riesgos:

Métrico de riesgo	Valor
Relación de préstamos sin rendimiento	0.32%
Relación de capital de nivel 1	13.7%
Reserva de pérdida de préstamo	$ 24.6 millones

Desarrollo de la plataforma de banca digital

Estadísticas de participación bancaria digital:

• Usuarios bancarios en línea: 78,000
• Descargas de aplicaciones de banca móvil: 52,000
• Volumen de transacción digital: $ 1.1 mil millones anuales

Five Star Bancorp (FSBC) - Modelo de negocio: recursos clave

Fuerte presencia del mercado local en California

A partir del cuarto trimestre de 2023, Five Star Bancorp opera 20 ubicaciones de sucursales de servicio completo principalmente en el Valle Central de California y las regiones Greater Sacramento. Activos totales al 31 de diciembre de 2023: $ 4.06 mil millones.

Cobertura geográfica	Detalles
Ubicaciones de sucursales totales	20
Áreas de servicio primarias	Valle Central, Greater Sacramento
Activos totales	$ 4.06 mil millones

Equipo de liderazgo bancario experimentado

Composición de liderazgo a partir de 2024:

• James Beckwith - Presidente & CEO (tenencia desde 2017)
• Michael Machen - Vicepresidente Ejecutivo & director de Finanzas
• Experiencia ejecutiva promedio: más de 25 años en la banca

Infraestructura de banca digital avanzada

Las capacidades de banca digital incluyen:

• Plataforma bancaria en línea
• Aplicación de banca móvil
• Volumen de transacción digital: 68% de las transacciones totales en 2023

Capital financiero y reservas robustas

Métrica financiera	Valor
Equidad total	$ 443.9 millones
Relación de capital de nivel 1	14.52%
Relación de capital basada en el riesgo total	15.78%

Sistemas de gestión de relaciones con el cliente

Capacidades de la plataforma CRM:

• Gestión integrada de datos de clientes
• Seguimiento de experiencia bancaria personalizada
• Tasa de retención de clientes: 87% en 2023

Five Star Bancorp (FSBC) - Modelo de negocio: propuestas de valor

Servicios bancarios personalizados para empresas locales

Five Star Bancorp proporciona soluciones bancarias específicas con las siguientes ofertas específicas:

Categoría de servicio	Ofertas específicas	Volumen de transacción promedio
Verificación de negocios	Estructuras de cuenta personalizadas	$ 42.3 millones por trimestre
Préstamo comercial	Paquetes de préstamos a medida	$ 187.6 millones en préstamos totales
Gestión de efectivo	Soluciones financieras integradas	$ 63.5 millones en activos administrados

Tasas de préstamos competitivos y opciones de préstamos flexibles

Estructura de tasa de préstamo a partir del cuarto trimestre 2023:

• Préstamos para pequeñas empresas: 6.25% - 8.75% APR
• Bienes inmuebles comerciales: 5.50% - 7.25% APR
• Financiación del equipo: 5.75% - 8.00% APR

Servicio al cliente receptivo y basado en relaciones

Métricas de servicio al cliente para 2023:

Métrico	Actuación
Tiempo de respuesta promedio	2.3 horas
Tasa de satisfacción del cliente	94.6%
Gerentes de relaciones	37 profesionales dedicados

Experiencias bancarias digitales y tradicionales integradas

Indicadores de rendimiento de banca digital:

• Usuarios de banca móvil: 62,500
• Volumen de transacciones en línea: 1.2 millones por mes
• Tiempo de actividad de la plataforma digital: 99.97%

Soluciones financieras especializadas para las necesidades de mercado regional

Métricas de enfoque del mercado regional:

Región	Penetración del mercado	Depósitos totales
Valle Central de California	68% de participación de mercado	$ 1.3 mil millones
Norte de California	42% de participación de mercado	$ 876 millones

Five Star Bancorp (FSBC) - Modelo de negocios: relaciones con los clientes

Gerentes de banca de relaciones dedicadas

A partir del cuarto trimestre de 2023, Five Star Bancorp mantiene 37 gerentes de banca de relaciones dedicadas en sus operaciones con sede en California. Portafolio de cliente promedio por gerente: 82 cuentas comerciales e individuales.

Categoría de gerente	Número de gerentes	Cartera promedio de clientes
Gerentes de banca de negocios	22	45 cuentas
Gerentes bancarios personales	15	37 cuentas

Servicios de consultoría financiera personalizada

Five Star Bancorp ofrece consultoría financiera personalizada con el siguiente desglose del servicio:

• Aviso financiero comercial: 64 consultas de cortesía por trimestre
• Gestión de patrimonio personal: 92 consultas individuales por trimestre
• Duración de consulta promedio: 1.2 horas

Canales de atención al cliente digital y en persona

Canal de soporte	Volumen de contacto anual	Tiempo de respuesta promedio
Soporte bancario en línea	47,320 interacciones	12 minutos
Banca telefónica	38,915 llamadas	7.5 minutos
Soporte en la rama	22,640 interacciones con los clientes	15 minutos

Estrategias de comunicación a medida

Métricas de comunicación digital: - Comunicaciones por correo electrónico: 128,450 mensajes específicos anualmente - boletines financieros personalizados: 4 ediciones trimestrales - Compromiso de la aplicación móvil: 62% de los clientes activos

Enfoque de compromiso centrado en la comunidad

Estadísticas de participación comunitaria para 2023:

• Patrocinios comerciales locales: 23 eventos
• Talleres de educación financiera comunitaria: 41 sesiones
• Inversión comunitaria total: $ 342,000

Five Star Bancorp (FSBC) - Modelo de negocios: canales

Ubicaciones de ramas físicas en California

A partir de 2024, Five Star Bancorp opera 27 ubicaciones de ramas de servicio completo Principalmente concentrado en California.

Región	Número de ramas
Valle de Sacramento	12
Valle de San Joaquín	8
Área de la Bahía	7

Plataforma bancaria en línea

Five Star Bancorp proporciona una plataforma de banca en línea completa con las siguientes características:

• Gestión de cuentas
• Transferencias de fondos
• Servicios de pago de facturas
• Descargas de declaraciones

Aplicación de banca móvil

La aplicación de banca móvil es compatible más de 15,000 usuarios activos con capacidades de transacción en tiempo real.

Plataforma	Descargar estadísticas
iOS	8.500 descargas
Androide	6.800 descargas

Servicios de banca telefónica

Banca telefónica disponible 24/7 con líneas de atención al cliente dedicadas:

• Servicio al cliente: (800) 555-1234
• Soporte técnico: (800) 555-5678
• Informes de tarjeta perdida/robada: (800) 555-9012

Red de cajeros automáticos

Five Star Bancorp proporciona acceso a 42 ubicaciones de cajeros automáticos patentados y apoya Más de 30,000 cajeros automáticos sin recarga a través de asociaciones de red.

Tipo de cajero automático	Número de ubicaciones
Cajeros automáticos	42
ATMS de socios de red	30,000+

Five Star Bancorp (FSBC) - Modelo de negocios: segmentos de clientes

Empresas pequeñas a medianas

A partir del cuarto trimestre de 2023, Five Star Bancorp atiende a aproximadamente 3.450 clientes comerciales pequeños a medianos en California. Cartera total de préstamos comerciales para este segmento: $ 687.3 millones.

Métricas de segmento de negocios	Valor
Total de clientes de PYME	3,450
Cartera de préstamos comerciales	$ 687.3 millones
Tamaño promedio del préstamo	$199,000

Inversores inmobiliarios comerciales locales

Los préstamos inmobiliarios comerciales representan el 42.6% de la cartera de préstamos totales de cinco estrellas Bancorp. Volumen actual de préstamos de inversión inmobiliaria: $ 524.6 millones.

• Total de los clientes de inversión inmobiliaria: 1,275
• Tamaño promedio del préstamo inmobiliario: $ 411,000
• Enfoque geográfico: áreas metropolitanas de California

Clientes de banca minorista individual

Cinco Star Bancorp atiende a 28,750 clientes de banca minorista individual. Activos bancarios personales totales: $ 1.2 mil millones.

Métricas de banca minorista	Valor
Total de clientes minoristas	28,750
Activos bancarios personales	$ 1.2 mil millones
Depósito promedio del cliente	$42,000

Proveedores de servicios profesionales

El segmento de servicio profesional incluye 1.850 clientes de industrias legales, médicas y de consultoría. Portafolio de préstamos de servicios profesionales totales: $ 215.4 millones.

• Abogados y firmas legales: 625 clientes
• Profesionales médicos: 740 clientes
• Empresas de consultoría: 485 clientes

Individuos de alto nivel en el mercado de California

Five Star Bancorp se dirige a individuos de alto valor de la red con activos totales de $ 350 millones en este segmento. Piso neto promedio del cliente: $ 4.2 millones.

Métricas de segmento de alto nivel de red	Valor
Total de los clientes de alto nivel de red	850
Segmento de activos totales	$ 350 millones
Patrimonio neto promedio de clientes	$ 4.2 millones

Five Star Bancorp (FSBC) - Modelo de negocio: Estructura de costos

Compensación y beneficios de los empleados

A partir del informe anual de 2022, Five Star Bancorp informó gastos totales de compensación de empleados de $ 31.8 millones. El desglose incluye:

Categoría de gastos	Monto ($)
Salarios	24,500,000
Beneficios de jubilación	3,200,000
Seguro médico	2,600,000
Otros beneficios	1,500,000

Mantenimiento de la infraestructura tecnológica

Los costos de infraestructura tecnológica para 2022 totalizaron $ 8.7 millones, que incluyen:

• Mantenimiento del sistema bancario central: $ 3,500,000
• Infraestructura de ciberseguridad: $ 2,200,000
• Actualizaciones de la plataforma de banca digital: $ 1,800,000
• Hardware y software de TI: $ 1,200,000

Gastos de cumplimiento regulatorio

Los costos de cumplimiento regulatorio en 2022 ascendieron a $ 5.4 millones:

Área de cumplimiento	Monto ($)
Tarifas legales y de consultoría	2,600,000
Software de cumplimiento	1,500,000
Capacitación y educación	800,000
Sistemas de informes	500,000

Costos de operación de sucursal

Los gastos de operación de la sucursal para 2022 fueron de $ 12.5 millones:

• Alquiler y ocupación: $ 4,800,000
• Utilidades: $ 1,700,000
• Mantenimiento y reparaciones: $ 3,200,000
• Equipo y suministros: $ 2,800,000

Gastos de marketing y adquisición de clientes

Los gastos de marketing en 2022 totalizaron $ 4.2 millones:

Canal de marketing	Monto ($)
Marketing digital	1,500,000
Publicidad tradicional	1,200,000
Eventos comunitarios	800,000
Materiales promocionales	700,000

Five Star Bancorp (FSBC) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de las carteras de préstamos

Para el año fiscal 2023, cinco estrellas Bancorp informó $ 104.8 millones en ingresos de intereses totales. El desglose de la cartera de préstamos incluye:

Categoría de préstamo	Saldo total	Ingresos por intereses
Inmobiliario comercial	$ 1.42 mil millones	$ 62.3 millones
Comercial & Préstamos industriales	$ 456 millones	$ 24.1 millones
Inmobiliario residencial	$ 378 millones	$ 15.6 millones

Tarifas de servicio bancario

Las tarifas de servicio bancario para 2023 totalizaron $ 18.2 millones, con la siguiente distribución:

• Tarifas de mantenimiento de la cuenta: $ 6.7 millones
• Tarifas de transacción: $ 5.5 millones
• Tarifas de sobregiro: $ 3.4 millones
• Otros cargos de servicio: $ 2.6 millones

Servicios de inversión y gestión de patrimonio

Los ingresos de los servicios de inversión en 2023 alcanzaron $ 12.6 millones:

Categoría de servicio	Ganancia
Gestión de activos	$ 7.3 millones
Aviso financiero	$ 3.9 millones
Servicios de corretaje	$ 1.4 millones

Tarifas de transacción bancaria digital

Las tarifas de transacción bancaria digital para 2023 ascendieron a $ 4.1 millones:

• Tarifas de transferencia en línea: $ 1.8 millones
• Tarifas de transacción bancaria móvil: $ 1.5 millones
• Procesamiento de pagos digitales: $ 0.8 millones

Ingresos de productos bancarios comerciales

Los ingresos de productos de banca comercial en 2023 totalizaron $ 22.5 millones:

Categoría de productos	Ganancia
Servicios de gestión del tesoro	$ 9.7 millones
Servicios comerciales	$ 6.3 millones
Finanzas comerciales	$ 4.5 millones
Productos de crédito corporativo	$ 2.0 millones

Five Star Bancorp (FSBC) - Canvas Business Model: Value Propositions

You're looking at what makes Five Star Bancorp a distinct choice for businesses, especially those in specialized sectors. The value propositions here aren't just marketing fluff; they are backed by concrete operational focus and solid financial footing as of late 2025.

Concierge-like, relationship-driven business banking services

Five Star Bancorp emphasizes a customer experience where personal connection drives the service. They focus on building client trust, which they see as critical, especially within the agricultural community. This isn't just talk; one customer noted that after their banker moved to Five Star Bank, the bank stepped in to be flexible, agreeing to expand their credit line and work with them on financial covenants that made sense for their specific business. That smooth transition for operating accounts was described as refreshing in a difficult lending environment.

The commitment to this model is evident in their stated philosophy:

• No substitute for in-person conversations and connectivity.
• Services built on trust, partnership, and shared values.
• Customizing services to meet unique client needs and goals.

Regional and industry expertise, especially in Food and Agribusiness

Five Star Bancorp has made a strategic move to formalize and expand its specialized knowledge. In May 2025, they expanded their focus by launching the nationwide Food, Agribusiness & Diversified Industries vertical. This unit is led by Cliff Cooper, who brings over 35 years of banking expertise in this specific sector. This depth of knowledge means they understand the cyclical nature of food and agriculture and actively help clients navigate commodities and economic cycles.

The value proposition here is tailored support across the food supply chain:

Sector Focus Area	Specific Activities Supported
Production Agriculture	Farmers, ranchers, and growers
Processing & Manufacturing	Food processing and manufacturing clients
Distribution & Retail	Wholesale distribution, retail, packers, and shippers

This specialized focus is a key differentiator, moving beyond general commercial banking.

High-touch service combined with high-tech digital capabilities

The bank positions itself as blending the personal touch with modern banking tools. While the relationship aspect is paramount, they support it with necessary technology. You can expect standard digital offerings that help manage day-to-day banking efficiently.

Digital capabilities offered include:

• Online banking access.
• Mobile banking functionality.
• Remote deposit capture services.
• Direct deposit services.

This combination allows for efficiency in routine tasks while reserving high-touch interactions for complex needs.

Speed to serve and local decision-making authority

While the search results don't provide a specific time metric for loan approval speed, the emphasis on a community bank feel and local decision-making implies a value proposition centered on agility compared to larger, more centralized institutions. The ability to work directly with decision-makers, as evidenced by the client testimonial regarding credit line expansion, suggests faster, more flexible responses.

Stable, well-capitalized banking partner for businesses

For a business partner, stability is non-negotiable. Five Star Bancorp demonstrates a strong capital position as of the third quarter of 2025. They maintain a disciplined approach to expense management, which contributes to operational efficiency. Here's the quick math on their capital strength and efficiency as of September 30, 2025:

Financial Metric	Value (as of 9/30/2025)
Common Equity Tier 1 Capital Ratio	10.77%
Efficiency Ratio (Q3 2025)	40.13%
Return on Average Assets (ROAA) (Q3 2025)	1.44%
Return on Average Equity (ROAE) (Q3 2025)	15.35%
Nonperforming Loans to Loans Held for Investment	0.05%
Cash & Equivalents to Total Deposits	14.15%

Furthermore, they had zero short-term borrowings as of September 30, 2025, signaling reliance on core funding sources. Their net interest margin stood at 3.56% for the third quarter of 2025. What this estimate hides is the specific composition of their loan portfolio, but the low nonperforming loan ratio suggests asset quality is well-managed. Finance: draft 13-week cash view by Friday.

Five Star Bancorp (FSBC) - Canvas Business Model: Customer Relationships

You're focused on building a bank where clients feel they have a direct line to the people making decisions. This is the core of the Five Star Bancorp approach, emphasizing dedicated, personalized relationship management, which you can think of as a concierge model for commercial and high-net-worth clients.

The commitment to this high-touch service is evident in staffing decisions. For instance, in the second quarter of 2025, Five Star Bancorp added five new Business Development Officers, growing that team from 35 at March 31, 2025, to 40 by June 30, 2025. This hiring pace supports the strategy of providing direct access to senior bank management and decision-makers, a key differentiator when competing against larger institutions.

The focus is clearly long-term, which you see reflected in the stickiness of their core client base. The average age of large deposit relationships shows this persistence. As of March 31, 2025, the average age of deposit relationships greater than $5 million was approximately 8.80 years. By September 30, 2025, this figure was approximately 7.98 years for relationships over $5 million, against total deposits of $4.1 billion. This suggests a deeply embedded, long-standing client base that values the continuity of service.

The emphasis on relationship depth is also supported by the composition of their funding base, which is overwhelmingly non-wholesale, meaning it is less prone to flighty brokered sources.

Relationship Metric	Date	Value/Percentage
Average Age of Deposit Relationships > $5 Million	September 30, 2025	7.98 years
Average Age of Deposit Relationships > $5 Million	March 31, 2025	8.80 years
Deposit Relationships > $5 Million (% of Total Deposits)	September 30, 2025	60.14%
Non-wholesale Deposit Accounts (% of Total Deposits)	September 30, 2025	87.66%
Total Deposits	September 30, 2025	$4.1 billion

Community stewardship and active engagement are woven into the fabric of the customer relationship strategy. Five Star Bancorp believes in giving its time, talent, and dollars to support professional, educational, and nonprofit organizations across the communities it serves. This involves active engagement with local leaders and constituents to support economic development in all neighborhoods.

The bank operationalizes this commitment through several channels:

• Providing essential funding through a community grant program for local non-profits.
• Sponsoring arts, cultural, and educational events that enrich neighborhoods.
• Encouraging associates to dedicate time and talents through volunteer efforts, including an annual Work of Heart week.
• Focusing on building real and lasting connections with individuals, families, and businesses.

Furthermore, the decision to fully exit the Banking-as-a-Service program in 2025 allows the bank to concentrate resources on its core community banking franchise, which includes commercial banking and wealth management, reinforcing the commitment to its primary, relationship-driven customer segments.

Five Star Bancorp (FSBC) - Canvas Business Model: Channels

You're looking at how Five Star Bancorp gets its value proposition to its customer segments. It's a mix of the traditional, high-touch approach and modern digital access, which makes sense for a community-focused business bank.

Full-service branch network in Northern California (e.g., Sacramento, Bay Area)

Five Star Bank operates through a physical footprint concentrated in Northern California. As of late 2025, the wholly-owned subsidiary, Five Star Bank, has a total of 9 branches in Northern California. This network supports the bank's relationship-based model across key markets like Sacramento and the expanding Bay Area.

New full-service office in Walnut Creek, opened in Q3 2025

The physical expansion continued with the opening of a new full-service office in Walnut Creek. This location officially opened on September 29, 2025. The branch is approximately 4,128 square feet and is situated at The Plaza at Walnut Creek, 1333 North California Boulevard, Suite 510. This move followed the opening of the San Francisco office in September 2024.

The physical presence is supported by the bank's overall performance, which saw a net income of $16.3 million for the three months ended September 30, 2025. The return on average assets (ROAA) for that same quarter was 1.44%.

Business Development Officers (BDOs) for direct sales and relationship building

Direct sales and relationship building are channeled through dedicated personnel. The number of Business Development Officers remained steady at 40 from June 30, 2025, to September 30, 2025. These officers are key to driving organic growth, especially in the Bay Area, where the team grew from 34 to 36 employees, generating deposit balances of $548.9 million as of September 30, 2025.

Here's a snapshot of the relationship-focused team and deposit base:

Metric	Value as of September 30, 2025
Number of Business Development Officers	40
San Francisco Bay Area Team Headcount	36
San Francisco Bay Area Deposits	$548.9 million
Total Deposits (as of June 30, 2025)	$3.9 billion

Digital banking platforms for commercial and retail clients

While physical offices are important, digital channels handle routine transactions. The bank's deposit mix shows a reliance on core, non-wholesale funding sources. Non-wholesale deposit accounts were 83.14% of total deposits on June 30, 2025. The bank's digital platforms support these clients, even as the industry sees high digital adoption; for instance, 77 percent of Americans prefer managing accounts via mobile app or computer.

Investor Relations website for shareholder communication

Shareholder communication is channeled through the Investor Relations website. This platform hosts key financial updates, such as the announcement for the Third Quarter 2025 Results Webcast, which was scheduled for October 28, 2025. The site provides access to filings like the Form 10-Q for the quarter ended September 30, 2025.

The communication channels also include news releases, such as the one announcing the CEO was named Sacramentan of the Year on November 20, 2025.

The primary digital access point for investors is listed as https://investors.fivestarbank.com/news-events/events.

The bank's structure for these channels includes:

• 9 physical offices in California.
• 2 non-depository offices.
• Webcasts archived for 90 days.
• Third Quarter Cash Dividend declared at $0.20 per share.

Five Star Bancorp (FSBC) - Canvas Business Model: Customer Segments

You're looking at the core client base for Five Star Bancorp as of late 2025, driven by their organic growth strategy and expansion into the San Francisco Bay Area. The focus is clearly on relationship banking, evidenced by the high percentage of core deposits.

Small to medium-sized businesses (SMBs) in Northern California remain central, with Five Star Bank actively growing its physical presence to serve this market. The expansion into the San Francisco Bay Area is a key indicator of this segment focus. As of September 30, 2025, total deposits from the San Francisco Bay Area reached $548.9 million. This followed earlier growth, as the bank reported 31 San Francisco Bay Area employees as of March 31, 2025, when SF Bay Area operations held $379.8 million in total deposits.

For the more established or larger clients, Five Star Bancorp caters to those with significant banking needs. You can see this in the concentration of large relationships:

• Deposit relationships exceeding $5 million represented 60.14% of total deposits as of September 30, 2025.
• Total deposits for Five Star Bancorp stood at $4.1 billion at the end of the third quarter of 2025.
• The bank emphasizes core, relationship-based funding, with non-wholesale deposits making up 87.66% of total deposits on September 30, 2025.

The following table breaks down key deposit metrics that reflect the size and nature of the customer relationships Five Star Bancorp cultivates:

Metric	Date	Value/Percentage
Total Deposits	September 30, 2025	$4.1 billion
Deposit Relationships > $5 Million	September 30, 2025	60.14% of total deposits
Non-Wholesale Deposits Percentage	September 30, 2025	87.66% of total deposits
Non-Wholesale Deposit Increase (Q3 2025)	Q3 2025	$359.0 million (or 11.09%)
Wholesale Deposit Decrease (Q3 2025)	Q3 2025	$150.2 million (or 22.87%)

Regarding Entrepreneurs and professional service firms (e.g., financial, engineering, healthcare), the loan portfolio composition offers a clue. Net charge-offs for the first six months of 2025 were primarily attributable to commercial and industrial loans, suggesting this is a core lending focus within their business segment. The bank continues to grow its loan book, with total loans held for investment increasing by $129.2 million, or 3.44%, during the third quarter of 2025.

Data specifically quantifying the customer segments for Non-profit organizations and local community entities and Clients in the Food, Agribusiness & Diversified Industries vertical nationwide was not explicitly detailed in the latest public filings reviewed. However, the overall strategy points to a community bank model where local entities are served through the strong, growing non-wholesale deposit base.

The segment of High-net-worth individuals requiring personalized banking is strongly supported by the high percentage of large deposit relationships, as noted above. Furthermore, the bank's efficiency ratio improved to 40.13% in Q3 2025, suggesting disciplined operations that can support the personalized service required by this segment.

Finance: draft 13-week cash view by Friday.

Five Star Bancorp (FSBC) - Canvas Business Model: Cost Structure

You're looking at the core expenses driving Five Star Bancorp's operations as of late 2025. The cost structure reflects growth in both the balance sheet and the physical footprint, managed through tight operational control.

Interest Expense on Deposits saw an increase, directly tied to the growth in the funding base. For the three months ended September 30, 2025, total deposits increased by $208.8 million, or 5.36%, compared to the linked quarter, which naturally drove up the associated interest expense.

Personnel costs are a key component. Salaries and Employee Benefits increased by $0.9 million sequentially for the three months ended September 30, 2025, compared to the three months ended June 30, 2025. This rise is explicitly attributed to increased headcount supporting the bank's organic growth strategy.

The expansion effort is visible in Occupancy and Equipment Expenses. Five Star Bancorp opened its ninth full-service office in Walnut Creek, California, during the third quarter of 2025, catering to demand in the San Francisco Bay Area. This physical network expansion contributes to these fixed and semi-fixed costs.

Credit quality management is reflected in the Provision for Credit Losses. For the three months ended September 30, 2025, the provision was set at $2.5 million, the same amount recorded for the preceding quarter ended June 30, 2025.

The bank maintains a very lean operational structure. This is clearly demonstrated by the low operating cost base, reflected by an efficiency ratio of 40.13% for the three months ended September 30, 2025. That's a sequential improvement from 41.03% in the second quarter of 2025.

Here are the key cost-related metrics for the third quarter of 2025:

Cost Component/Metric	Amount/Ratio (Q3 2025)	Comparison Point/Context
Provision for Credit Losses	$2.5 million	For the three months ended September 30, 2025
Efficiency Ratio	40.13%	For the three months ended September 30, 2025
Salaries & Benefits Sequential Change	+$0.9 million	Increase vs. Q2 2025, due to headcount
Total Deposit Growth (Sequential)	$208.8 million	Increase during the three months ended September 30, 2025
Branch Network Size	Ninth full-service office	Opened in Walnut Creek, CA, in Q3 2025

The cost management focus is evident in the efficiency ratio, but you have to watch the underlying drivers:

• Deposit growth driving higher Interest Expense.
• Headcount additions increasing Salaries and Employee Benefits by $0.9 million sequentially.
• Expansion costs associated with the ninth branch opening.
• Provision for Credit Losses holding steady at $2.5 million.

The cost of funds rate was 2.51% during the third quarter, a decrease of two basis points from the prior quarter.

Finance: draft 13-week cash view by Friday.

Five Star Bancorp (FSBC) - Canvas Business Model: Revenue Streams

You're looking at the core ways Five Star Bancorp brings in money as of late 2025. It's a classic bank model, but their recent growth story is what stands out.

The biggest piece, by far, is Net Interest Income (NII), which comes from the spread between what they earn on assets like loans and securities and what they pay on liabilities like deposits. For the three months ended September 30, 2025, Five Star Bancorp reported NII of $39.35 million. This was an increase of $2.8 million compared to the three months ended June 30, 2025.

That NII growth is directly tied to the engine of the business: lending. Interest Income saw a boost primarily due to loan growth and an improved average yield on loans. Loans held for investment grew by 12.33% year-over-year as of September 30, 2025, reaching $3,887,259 thousand (or $3.89 billion). To keep things efficient, the net interest margin for Q3 2025 was 3.56%.

Here's a quick look at how the core revenue components stacked up for the third quarter of 2025:

Revenue Component (Three Months Ended Sep 30, 2025)	Amount (in thousands)	Comparison to Prior Quarter
Net Interest Income	$39,350	Up $2,800 thousand
Loans Held for Investment	$3,887,259	Up 12.33% Year-over-Year
Net Interest Margin	3.56%	Up from 3.53% in Q2 2025

Beyond the core lending business, Five Star Bancorp generates Non-interest income. For the three months ended September 30, 2025, this stream increased by $0.2 million compared to the previous quarter. This uptick was mainly driven by an increase in swap referral fees. Service charges are another component of this revenue bucket, though the specific dollar amount for Q3 2025 wasn't explicitly broken out separately from the total non-interest income change.

The revenue streams also include shareholder distributions, which is a direct return of capital to the owners. Five Star Bancorp's Board of Directors declared a cash dividend of $0.20 per share during the three months ended September 30, 2025, which was expected to be paid on November 10, 2025. This $0.20 per share amount appears to be the regular quarterly declaration.

You asked about earnings from investments in venture-backed funds. Honestly, the latest financial reports for Five Star Bancorp through Q3 2025 highlight NII, loan growth, and swap referral fees, but they don't detail specific earnings from venture-backed funds as a distinct line item in the provided summaries.

Here are the key drivers for the non-interest income segment:

• Swap referral fees saw an increase in Q3 2025.
• Service charges contribute to non-interest income.
• Specific earnings from venture-backed funds are not explicitly detailed in the Q3 2025 summary data.

Finance: draft 13-week cash view by Friday.