Five Star Bancorp (FSBC): Modelo de Negócios Canvas [Jan-2025 Atualizado]

Mergulhe no plano estratégico do Five Star Bancorp (FSBC), uma instituição financeira dinâmica que criou meticulosamente seu modelo de negócios para dominar o cenário bancário da Califórnia. Esse modelo abrangente de negócios revela como o FSBC aproveita as idéias do mercado local, a infraestrutura digital de ponta e os serviços orientados por relacionamento para oferecer valor excepcional a pequenas empresas, investidores imobiliários e clientes individuais. Desde soluções bancárias personalizadas até plataformas digitais inovadoras, o FSBC demonstra uma abordagem sofisticada dos serviços financeiros que a diferencia em um mercado competitivo.

Five Star Bancorp (FSBC) - Modelo de Negócios: Parcerias -chave

Associações comerciais locais e câmaras de comércio

A Five Star Bancorp mantém parcerias estratégicas com associações comerciais locais na Califórnia, particularmente nas regiões de Sacramento e San Joaquin Valley.

Tipo de parceria	Número de parcerias ativas	Valor anual de colaboração
Câmaras de comércio locais	12	$375,000
Grupos de rede de negócios	8	$225,000

Recomenda -se desenvolvedores imobiliários e investidores comerciais

A Five Star Bancorp colabora com empresas regionais de desenvolvimento imobiliário para fornecer serviços especializados de empréstimos comerciais.

• Acordos totais de parceria imobiliária: 45
• Portfólio de empréstimos comerciais: US $ 624 milhões
• Tamanho médio de empréstimo de parceria: US $ 13,8 milhões

Provedores de serviços financeiros regionais

As parcerias estratégicas de serviços financeiros aprimoram as capacidades operacionais e as ofertas operacionais da Five Star Bancorp.

Categoria de parceiro	Número de parceiros	Volume anual de transações
Parceiros de processamento de pagamentos	7	US $ 412 milhões
Provedores de seguros	5	US $ 186 milhões

Fornecedores de tecnologia para soluções bancárias digitais

O Five Star Bancorp investe em tecnologia avançada de bancos digitais por meio de parcerias estratégicas de fornecedores.

• Investimentos em parceria de tecnologia total: US $ 4,2 milhões
• Número de fornecedores de tecnologia: 9
• Taxa de adoção da plataforma bancária digital: 87%

Five Star Bancorp (FSBC) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e pessoais

No quarto trimestre 2023, a Five Star Bancorp registrou ativos totais de US $ 2,74 bilhões. O banco fornece serviços bancários abrangentes em toda a Califórnia, especificamente nas regiões de Sacramento e San Joaquin Valley.

Categoria de serviço	Volume total (2023)
Contas bancárias comerciais	US $ 1,86 bilhão
Contas bancárias pessoais	US $ 880 milhões

Operações de empréstimo

O portfólio de empréstimos da Five Star Bancorp demonstra presença significativa no mercado:

Tipo de empréstimo	Balanço total em circulação
Empréstimos imobiliários comerciais	US $ 1,42 bilhão
Empréstimos para pequenas empresas	US $ 312 milhões
Comercial & Empréstimos industriais	US $ 224 milhões

Gerenciamento de conta de depósito e investimento

Remutação da carteira de depósitos para 2023:

• Total de depósitos: US $ 2,48 bilhões
• Depósitos de rolamento não interessantes: US $ 612 milhões
• Depósitos de juros: US $ 1,87 bilhão

Gerenciamento de riscos e monitoramento de conformidade

Métricas principais de gerenciamento de riscos:

Métrica de risco	Valor
Razão de empréstimos não-desempenho	0.32%
Índice de capital de camada 1	13.7%
Reserva de perda de empréstimo	US $ 24,6 milhões

Desenvolvimento da plataforma bancária digital

Estatísticas de engajamento bancário digital:

• Usuários bancários online: 78.000
• Downloads de aplicativos bancários móveis: 52.000
• Volume de transação digital: US $ 1,1 bilhão anualmente

Five Star Bancorp (FSBC) - Modelo de negócios: Recursos -chave

Forte presença do mercado local na Califórnia

A partir do quarto trimestre de 2023, o Five Star Bancorp opera 20 localizações de serviço completo principalmente nas regiões central do vale da Califórnia e Greater Sacramento. Total de ativos em 31 de dezembro de 2023: US $ 4,06 bilhões.

Cobertura geográfica	Detalhes
Locais totais de ramificação	20
Áreas de serviço primário	Vale Central, Grande Sacramento
Total de ativos	US $ 4,06 bilhões

Equipe de liderança bancária experiente

Composição de liderança em 2024:

• James Beckwith - Presidente & CEO (posse desde 2017)
• Michael Machen - vice -presidente executivo & Diretor Financeiro
• Experiência executiva média: mais de 25 anos em bancos

Infraestrutura bancária digital avançada

Os recursos bancários digitais incluem:

• Plataforma bancária online
• Aplicativo bancário móvel
• Volume da transação digital: 68% do total de transações em 2023

Capital financeiro robusto e reservas

Métrica financeira	Valor
Patrimônio total	US $ 443,9 milhões
Índice de capital de camada 1	14.52%
Índice total de capital baseado em risco	15.78%

Sistemas de gerenciamento de relacionamento com clientes

Recursos de plataforma CRM:

• Gerenciamento de dados de clientes integrados
• Rastreamento de experiência bancária personalizada
• Taxa de retenção de clientes: 87% em 2023

Five Star Bancorp (FSBC) - Modelo de Negócios: Proposições de Valor

Serviços bancários personalizados para empresas locais

O Five Star Bancorp fornece soluções bancárias direcionadas com as seguintes ofertas específicas:

Categoria de serviço	Ofertas específicas	Volume médio de transação
Verificação de negócios	Estruturas de conta personalizadas	US $ 42,3 milhões por trimestre
Empréstimos comerciais	Pacotes de empréstimos personalizados	US $ 187,6 milhões em empréstimos totais
Gerenciamento de caixa	Soluções financeiras integradas	US $ 63,5 milhões em ativos gerenciados

Taxas de empréstimo competitivo e opções de empréstimos flexíveis

Estrutura da taxa de empréstimo a partir do quarto trimestre 2023:

• Empréstimos para pequenas empresas: 6,25% - 8,75% APR
• Imóveis comerciais: 5,50% - 7,25% APR
• Financiamento de equipamentos: 5,75% - 8,00% APR

Atendimento ao cliente responsivo e orientado por relacionamento

Métricas de atendimento ao cliente para 2023:

Métrica	Desempenho
Tempo médio de resposta	2,3 horas
Taxa de satisfação do cliente	94.6%
Gerentes de relacionamento	37 profissionais dedicados

Experiências bancárias digitais e tradicionais integradas

Indicadores de desempenho bancário digital:

• Usuários bancários móveis: 62.500
• Volume de transação online: 1,2 milhão por mês
• Tempo de atividade da plataforma digital: 99,97%

Soluções financeiras especializadas para necessidades de mercado regional

Métricas de foco no mercado regional:

Região	Penetração de mercado	Total de depósitos
Vale Central da Califórnia	68% de participação de mercado	US $ 1,3 bilhão
Norte da Califórnia	42% de participação de mercado	US $ 876 milhões

Five Star Bancorp (FSBC) - Modelo de Negócios: Relacionamentos do Cliente

Gerentes bancários de relacionamento dedicado

No quarto trimestre 2023, a Five Star Bancorp mantém 37 gerentes de bancos de relacionamento dedicados em suas operações na Califórnia. Portfólio médio de clientes por gerente: 82 contas comerciais e individuais.

Categoria de gerente	Número de gerentes	Portfólio médio de clientes
Gerentes bancários de negócios	22	45 contas
Gerentes bancários pessoais	15	37 contas

Serviços de Consultoria Financeira Personalizada

O Five Star Bancorp oferece consultoria financeira personalizada com a seguinte quebra de serviço:

• Consultoria financeira de negócios: 64 consultas gratuitas por trimestre
• Gerenciamento de patrimônio pessoal: 92 consultas individuais por trimestre
• Duração média da consulta: 1,2 horas

Canais de suporte de clientes digitais e pessoais

Canal de suporte	Volume de contato anual	Tempo médio de resposta
Suporte bancário online	47.320 interações	12 minutos
Telefonar bancário	38.915 chamadas	7,5 minutos
Suporte no ramo	22.640 interações com os clientes	15 minutos

Estratégias de comunicação personalizadas

Métricas de comunicação digital: - Comunicação por e -mail: 128.450 mensagens direcionadas anualmente - Boletins financeiros personalizados: 4 edições trimestrais - Engajamento de aplicativos móveis: 62% dos clientes ativos

Abordagem de engajamento focada na comunidade

Estatísticas de engajamento da comunidade para 2023:

• Patrocínios de negócios locais: 23 eventos
• Workshops de educação financeira comunitária: 41 sessões
• Investimento da comunidade total: US $ 342.000

Five Star Bancorp (FSBC) - Modelo de Negócios: Canais

Locais de filiais físicas na Califórnia

A partir de 2024, o Five Star Bancorp opera 27 locais de ramificação de serviço completo concentrado principalmente na Califórnia.

Região	Número de ramificações
Vale de Sacramento	12
Vale de San Joaquin	8
Área da baía	7

Plataforma bancária online

O Five Star Bancorp fornece uma plataforma bancária on -line abrangente com os seguintes recursos:

• Gerenciamento de contas
• Transferências de fundos
• Serviços de pagamento da conta
• Downloads de declaração

Aplicativo bancário móvel

O aplicativo bancário móvel suporta Mais de 15.000 usuários ativos com recursos de transação em tempo real.

Plataforma	Baixar estatísticas
iOS	8.500 downloads
Android	6.800 Downloads

Serviços bancários telefônicos

Banco telefônico disponível 24/7 com linhas de suporte ao cliente dedicadas:

• Atendimento ao cliente: (800) 555-1234
• Suporte técnico: (800) 555-5678
• Relatórios de cartão perdido/roubado: (800) 555-9012

Rede ATM

Five Star Bancorp fornece acesso a 42 Locais proprietários de atm e suportes Mais de 30.000 caixas eletrônicos sem sobretaxa através de parcerias de rede.

Tipo de atm	Número de locais
Caixas eletrônicos proprietários	42
ATMs de parceiros de rede	30,000+

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

Pequenas e médias empresas

A partir do quarto trimestre de 2023, o Five Star Bancorp atende a aproximadamente 3.450 clientes comerciais pequenos e médios na Califórnia. Portfólio total de empréstimos comerciais para este segmento: US $ 687,3 milhões.

Métricas de segmento de negócios	Valor
Total de clientes de PME	3,450
Portfólio de empréstimos comerciais	US $ 687,3 milhões
Tamanho médio do empréstimo	$199,000

Investidores imobiliários comerciais locais

Os empréstimos imobiliários comerciais representam 42,6% da carteira total de empréstimos da Five Star Bancorp. Volume atual de empréstimos para investimentos imobiliários: US $ 524,6 milhões.

• Total de clientes de investimento imobiliário: 1.275
• Tamanho médio do empréstimo imobiliário: US $ 411.000
• Foco geográfico: áreas metropolitanas da Califórnia

Clientes bancários de varejo individuais

A Five Star Bancorp atende a 28.750 clientes bancários de varejo individuais. Total de ativos bancários pessoais: US $ 1,2 bilhão.

Métricas bancárias de varejo	Valor
Total de clientes de varejo	28,750
Ativos bancários pessoais	US $ 1,2 bilhão
Depósito médio do cliente	$42,000

Provedores de serviços profissionais

O segmento de serviço profissional inclui 1.850 clientes de indústrias legais, médicas e de consultoria. Carteira total de empréstimos para serviços profissionais: US $ 215,4 milhões.

• Advogados e empresas jurídicas: 625 clientes
• Profissionais médicos: 740 clientes
• Empresas de consultoria: 485 clientes

Indivíduos de alta rede no mercado da Califórnia

O Five Star Bancorp tem como alvo indivíduos de alta rede com ativos totais de US $ 350 milhões nesse segmento. Patrimônio líquido médio do cliente: US $ 4,2 milhões.

Métricas de segmento de alta rede	Valor
Clientes totais de alta rede	850
Segmento Total de ativos	US $ 350 milhões
Patrimônio líquido médio do cliente	US $ 4,2 milhões

Five Star Bancorp (FSBC) - Modelo de negócios: estrutura de custos

Compensação e benefícios dos funcionários

A partir de 2022, Relatório Anual, a Five Star Bancorp registrou despesas totais de remuneração de funcionários de US $ 31,8 milhões. O colapso inclui:

Categoria de despesa	Valor ($)
Salários	24,500,000
Benefícios de aposentadoria	3,200,000
Seguro de saúde	2,600,000
Outros benefícios	1,500,000

Manutenção de infraestrutura de tecnologia

Os custos de infraestrutura de tecnologia para 2022 totalizaram US $ 8,7 milhões, incluindo:

• Manutenção do sistema bancário principal: US $ 3.500.000
• Infraestrutura de segurança cibernética: US $ 2.200.000
• Atualizações da plataforma bancária digital: US $ 1.800.000
• Hardware e software de TI: US $ 1.200.000

Despesas de conformidade regulatória

Os custos de conformidade regulatória em 2022 totalizaram US $ 5,4 milhões:

Área de conformidade	Valor ($)
Taxas legais e de consultoria	2,600,000
Software de conformidade	1,500,000
Treinamento e educação	800,000
Sistemas de relatórios	500,000

Custos de operação da filial

As despesas de operação da filial para 2022 foram de US $ 12,5 milhões:

• Aluguel e ocupação: US $ 4.800.000
• Utilitários: US $ 1.700.000
• Manutenção e reparos: US $ 3.200.000
• Equipamentos e suprimentos: US $ 2.800.000

Despesas de marketing e aquisição de clientes

As despesas de marketing em 2022 totalizaram US $ 4,2 milhões:

Canal de marketing	Valor ($)
Marketing digital	1,500,000
Publicidade tradicional	1,200,000
Eventos da comunidade	800,000
Materiais promocionais	700,000

Five Star Bancorp (FSBC) - Modelo de negócios: fluxos de receita

Receita de juros de carteiras de empréstimos

Para o ano fiscal de 2023, o Five Star Bancorp informou US $ 104,8 milhões na receita total de juros. A quebra da carteira de empréstimos inclui:

Categoria de empréstimo	Balanço total	Receita de juros
Imóveis comerciais	US $ 1,42 bilhão	US $ 62,3 milhões
Comercial & Empréstimos industriais	US $ 456 milhões	US $ 24,1 milhões
Imóveis residenciais	US $ 378 milhões	US $ 15,6 milhões

Taxas de serviço bancário

Taxas de serviço bancário para 2023 totalizaram US $ 18,2 milhões, com a seguinte distribuição:

• Taxas de manutenção de conta: US $ 6,7 milhões
• Taxas de transação: US $ 5,5 milhões
• Taxas de cheque especial: US $ 3,4 milhões
• Outras cobranças de serviço: US $ 2,6 milhões

Serviços de investimento e gerenciamento de patrimônio

Receita dos serviços de investimento em 2023 alcançados US $ 12,6 milhões:

Categoria de serviço	Receita
Gestão de ativos	US $ 7,3 milhões
Aviso financeiro	US $ 3,9 milhões
Serviços de corretagem	US $ 1,4 milhão

Taxas de transação bancária digital

As taxas de transação bancária digital para 2023 totalizaram US $ 4,1 milhões:

• Taxas de transferência online: US $ 1,8 milhão
• Taxas de transação bancária móvel: US $ 1,5 milhão
• Processamento de pagamento digital: US $ 0,8 milhão

Receitas de produtos bancários comerciais

Receitas de produtos bancários comerciais em 2023 totalizaram US $ 22,5 milhões:

Categoria de produto	Receita
Serviços de Gerenciamento do Tesouro	US $ 9,7 milhões
Serviços comerciais	US $ 6,3 milhões
Financiamento comercial	US $ 4,5 milhões
Produtos de crédito corporativo	US $ 2,0 milhões

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.