Five Star Bancorp Reports Q2 Earnings Growth Driven by Loan and Deposit Expansion
Five Star Bancorp (NASDAQ:FSBC) reported stronger second-quarter earnings for 2026, with net income rising to $19.4 million from $18.6 million in the prior quarter. Earnings per share increased to $0.91, reflecting continued loan and deposit growth that expanded its balance sheet significantly. Loans held for investment grew by $306.3 million during Q2 2026, reaching a total of $4.5 billion as of June 30, driven largely by commercial real estate portfolio expansion and consumer segment purchases. Total deposits increased by $330 million, with non-wholesale deposits now accounting for nearly 94.8% of the deposit base. The company maintained strong asset quality despite a slight rise in non-performing loans to 0.30%, attributed primarily to one CRA loan. Management emphasized its focus on core funding and long-term customer relationships as key drivers of stability and growth.
Topics: banking deposit_growth financial_performance loan_growth