{"id":73510,"date":"2025-10-28T00:04:27","date_gmt":"2025-10-28T00:04:27","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2025\/10\/28\/five-star-bancorp-announces-third-quarter-2025-results\/"},"modified":"2025-10-28T00:04:27","modified_gmt":"2025-10-28T00:04:27","slug":"five-star-bancorp-announces-third-quarter-2025-results","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/","title":{"rendered":"Five Star Bancorp Announces Third Quarter 2025 Results"},"content":{"rendered":"
\n

RANCHO CORDOVA, Calif., Oct. 27, 2025 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (\u201cFive Star\u201d or the \u201cCompany\u201d), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the \u201cBank\u201d), today reported net income of $16.3 million for the three months ended September 30, 2025, as compared to $14.5 million for the three months ended June 30, 2025 and $10.9 million for the three months ended September 30, 2024.<\/p>\n

Third Quarter Highlights<\/u><\/strong><\/p>\n

Performance and operating highlights for the Company for the periods noted below included the following:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\nThree months ended<\/strong><\/td>\n<\/tr>\n
(in thousands, except per share and share data)<\/em><\/td>\nSeptember 30,<\/strong>
2025<\/strong><\/td>\n		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
2025<\/strong><\/td>\n		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
2024<\/strong><\/td>\n<\/tr>\n
Return on average assets (\u201cROAA\u201d)<\/td>\n\u00a0<\/td>\n1.44<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.18<\/td>\n%<\/td>\n<\/tr>\n
Return on average equity (\u201cROAE\u201d)<\/td>\n\u00a0<\/td>\n15.35<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14.17<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.31<\/td>\n%<\/td>\n<\/tr>\n
Pre-tax income<\/td>\n$<\/td>\n22,234<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n20,099<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15,241<\/td>\n\u00a0<\/td>\n<\/tr>\n
Pre-tax, pre-provision income(1)<\/sup><\/td>\n$<\/td>\n24,734<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22,599<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n17,991<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n16,344<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,508<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n10,941<\/td>\n\u00a0<\/td>\n<\/tr>\n
Basic earnings per common share<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.68<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.52<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted earnings per common share<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.68<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.52<\/td>\n\u00a0<\/td>\n<\/tr>\n
Weighted average basic common shares outstanding<\/td>\n\u00a0<\/td>\n21,231,563<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,225,831<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,182,143<\/td>\n\u00a0<\/td>\n<\/tr>\n
Weighted average diluted common shares outstanding<\/td>\n\u00a0<\/td>\n21,281,818<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,269,265<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,232,758<\/td>\n\u00a0<\/td>\n<\/tr>\n
Shares outstanding at end of period<\/td>\n\u00a0<\/td>\n21,367,387<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,360,991<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,319,583<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

(1)<\/sup> See the section entitled \u201cNon-GAAP Reconciliation (Unaudited)\u201d for a reconciliation of this non-GAAP financial measure.<\/p>\n

James E. Beckwith, President and Chief Executive Officer, commented:<\/p>\n

\u201cFive Star Bank\u2019s third quarter results include outstanding growth in loans and core deposits attributable to our successful organic growth strategy that continues to fuel momentum and drive demand for our differentiated customer experience. During the quarter, total loans held for investment increased by $129.2 million, or 3.44% (13.76% when annualized), and total deposits increased by $208.8 million, or 5.36% (21.45% when annualized). Wholesale deposits decreased by $150.2 million, or 22.87%, while non-wholesale deposits increased by $359.0 million, or 11.09% (44.34% when annualized), during the same period.<\/em><\/p>\n

Cost of funds decreased two basis points to 2.51% during the third quarter, while net interest margin increased by three basis points to 3.56%, and our efficiency ratio decreased to 40.13% compared to 41.03% for the second quarter. This quarter, we are pleased to have declared another cash dividend to shareholders, which exemplifies our commitment to shareholder value.<\/em><\/p>\n

In the third quarter, we opened our ninth full-service office in Walnut Creek, California, in response to the demand for our services in the San Francisco Bay Area. Total deposits from the San Francisco Bay Area were $548.9 million as of September 30, 2025. In addition to the new Walnut Creek office, we are pleased with the growth of our previously announced Food, Agribusiness, and Diversified Industries business, where clients benefit from our Global Trade Services and exceptional treasury management tools.<\/em><\/p>\n

Five Star Bank\u2019s success serves as a strong testimony to clients who value our team of committed professionals who provide authentic, relationship-based service. We will continue to ensure our technology stack, operating efficiencies, conservative underwriting practices, exceptional credit quality, and prudent approach to portfolio management benefit our customers, employees, community, and shareholders. As we look to the fourth quarter of 2025, we thank our employees for their outstanding commitment to ensuring Five Star Bank remains a safe, trusted, and steadfast banking partner.\u201d<\/em><\/p>\n

Financial highlights as of and during the three months ended September\u00a030, 2025 included the following:<\/p>\n

    \n
  • The San Francisco Bay Area team increased from 34 to 36 employees and generated deposit balances totaling $548.9 million at September\u00a030, 2025, an increase of $91.9 million from June\u00a030, 2025.<\/li>\n
  • The number of Business Development Officers remained steady at 40 from June\u00a030, 2025 to September\u00a030, 2025.<\/li>\n
  • Cash and cash equivalents were $580.4 million, representing 14.15% of total deposits at September\u00a030, 2025, as compared to 12.42% at June\u00a030, 2025.<\/li>\n
  • Total deposits increased by $208.8\u00a0million, or 5.36%, during the three months ended September\u00a030, 2025, with increases in non-wholesale deposits exceeding decreases in wholesale deposits. The Company defines wholesale deposits as brokered deposits and California Time Deposit Program deposits. During the three months ended September\u00a030, 2025, non-wholesale deposits increased by $359.0 million, or 11.09%, and wholesale deposits decreased by $150.2 million, or 22.87%.<\/li>\n
  • The Company had no short-term borrowings at September\u00a030, 2025 or June\u00a030, 2025.<\/li>\n
  • Consistent, disciplined management of expenses contributed to our efficiency ratio of 40.13% for the three months ended September\u00a030, 2025, as compared to 41.03% for the three months ended June\u00a030, 2025 and 43.37% for the three months ended September\u00a030, 2024.<\/li>\n
  • For the three months ended September\u00a030, 2025, net interest margin was 3.56%, as compared to 3.53% for the three months ended June\u00a030, 2025 and 3.37% for the three months ended September\u00a030, 2024. The effective federal funds rate decreased to 4.09% as of September\u00a030, 2025 from 4.33% at June\u00a030, 2025 and 4.83% at September\u00a030, 2024.<\/li>\n
  • Other comprehensive loss was $2.1 million during the three months ended September\u00a030, 2025. Unrealized losses, net of tax effect, on available-for-sale securities were $9.9 million as of September\u00a030, 2025. Total carrying value of held-to-maturity and available-for-sale securities represented 0.05% and 2.12% of total interest-earning assets, respectively, as of September\u00a030, 2025.<\/li>\n
  • The Company\u2019s common equity Tier 1 capital ratio was 10.77% and 10.85% as of September\u00a030, 2025 and June\u00a030, 2025, respectively. The Bank continues to meet all requirements to be considered \u201cwell-capitalized\u201d under applicable regulatory guidelines.<\/li>\n
  • Loan and deposit growth in the three and twelve months ended September\u00a030, 2025 was as follows:<\/li>\n<\/ul>\n\n\n\n\n\n\n\n\n\n\n\n
    (in thousands)<\/em><\/td>\nSeptember 30,<\/strong>
    2025<\/strong><\/td>\n    		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
    2025<\/strong><\/td>\n    		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
    Loans held for investment<\/td>\n$<\/td>\n3,887,259<\/td>\n\u00a0<\/td>\n$<\/td>\n3,758,025<\/td>\n\u00a0<\/td>\n$<\/td>\n129,234<\/td>\n\u00a0<\/td>\n3.44<\/td>\n%<\/td>\n<\/tr>\n
    Non-interest-bearing deposits<\/td>\n\u00a0<\/td>\n1,059,082<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,004,061<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n55,021<\/td>\n\u00a0<\/td>\n5.48<\/td>\n%<\/td>\n<\/tr>\n
    Interest-bearing deposits<\/td>\n\u00a0<\/td>\n3,044,356<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,890,561<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n153,795<\/td>\n\u00a0<\/td>\n5.32<\/td>\n%<\/td>\n<\/tr>\n
    \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    (in thousands)<\/em><\/td>\nSeptember 30,<\/strong>
    2025<\/strong><\/td>\n    		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
    2024<\/strong><\/td>\n    		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
    Loans held for investment<\/td>\n$<\/td>\n3,887,259<\/td>\n\u00a0<\/td>\n$<\/td>\n3,460,565<\/td>\n\u00a0<\/td>\n$<\/td>\n426,694<\/td>\n\u00a0<\/td>\n12.33<\/td>\n%<\/td>\n<\/tr>\n
    Non-interest-bearing deposits<\/td>\n\u00a0<\/td>\n1,059,082<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n906,939<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n152,143<\/td>\n\u00a0<\/td>\n16.78<\/td>\n%<\/td>\n<\/tr>\n
    Interest-bearing deposits<\/td>\n\u00a0<\/td>\n3,044,356<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,493,040<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n551,316<\/td>\n\u00a0<\/td>\n22.11<\/td>\n%<\/td>\n<\/tr>\n
    \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n
      \n
    • The ratio of nonperforming loans to loans held for investment at period end decreased from 0.06% at June\u00a030, 2025 to 0.05% at September\u00a030, 2025.<\/li>\n
    • The Company\u2019s Board of Directors declared on July\u00a017, 2025, and the Company subsequently paid, a cash dividend of $0.20 per share during the three months ended September\u00a030, 2025. The Company\u2019s Board of Directors subsequently declared another cash dividend of $0.20 per share on October\u00a016, 2025, which the Company expects to pay on November\u00a010, 2025 to shareholders of record as of November\u00a03, 2025.<\/li>\n<\/ul>\n

      Summary Results<\/u><\/strong><\/p>\n

      Three months ended September\u00a030, 2025, as compared to three months ended June\u00a030, 2025<\/em><\/p>\n

      The Company\u2019s net income was $16.3 million for the three months ended September\u00a030, 2025, as compared to $14.5 million for the three months ended June\u00a030, 2025. Net interest income increased by $2.8 million during the three months ended September\u00a030, 2025, as compared to the three months ended June\u00a030, 2025, primarily due to an increase in interest income driven by loan growth and an improvement in the average yield on loans, partially offset by an increase in interest expense driven by deposit growth. The provision for credit losses remained at $2.5 million for the three months ended June\u00a030, 2025 and September\u00a030, 2025. Non-interest income increased by $0.2 million, primarily due to an increase in swap referral fees during the three months ended September\u00a030, 2025, as compared to the three months ended June\u00a030, 2025. Non-interest expense increased by $0.9 million during the three months ended September\u00a030, 2025, as compared to the three months ended June\u00a030, 2025, primarily due to salaries and employee benefits due to increased headcount.<\/p>\n

      Three months ended September\u00a030, 2025, as compared to three months ended September\u00a030, 2024<\/em><\/p>\n

      The Company\u2019s net income was $16.3 million for the three months ended September\u00a030, 2025, as compared to $10.9 million for the three months ended September\u00a030, 2024. Net interest income increased by $9.0 million during the three months ended September\u00a030, 2025, as compared to the three months ended September\u00a030, 2024, primarily due to an increase in interest income driven by loan growth and an improvement in the average yield on loans, partially offset by an increase in interest expense driven by deposit growth. The provision for credit losses decreased by $0.3 million, with decreases in net charge-offs during the three months ended September\u00a030, 2025 as the leading driver. Non-interest income increased by $0.6 million, primarily due to an overall improvement in earnings related to investments in venture-backed funds, partially offset by a decrease in the volume of loans sold during the three months ended September\u00a030, 2025, as compared to the three months ended September\u00a030, 2024. Non-interest expense increased by $2.8 million during the three months ended September\u00a030, 2025, as compared to the three months ended September\u00a030, 2024, primarily due to salaries and employee benefits due to increased headcount.<\/p>\n

      The following is a summary of the components of the Company\u2019s operating results and performance ratios for the periods indicated:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      (in thousands, except per share data)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
      2025<\/strong><\/td>\n      		\u00a0<\/td>\nJune 30,<\/strong>
      2025<\/strong><\/td>\n      		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
      Selected operating data:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net interest income<\/td>\n\u00a0<\/td>\n$<\/td>\n39,348<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n36,515<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,833<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.76<\/td>\n%<\/td>\n<\/tr>\n
      Provision for credit losses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n%<\/td>\n<\/tr>\n
      Non-interest income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,966<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,810<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n156<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8.62<\/td>\n%<\/td>\n<\/tr>\n
      Non-interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,580<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,726<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n854<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5.43<\/td>\n%<\/td>\n<\/tr>\n
      Pre-tax income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,234<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20,099<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,135<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.62<\/td>\n%<\/td>\n<\/tr>\n
      Provision for income taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,890<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,591<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n299<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5.35<\/td>\n%<\/td>\n<\/tr>\n
      Net income<\/td>\n\u00a0<\/td>\n$<\/td>\n16,344<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,508<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,836<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12.66<\/td>\n%<\/td>\n<\/tr>\n
      Earnings per common share:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Basic<\/td>\n\u00a0<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.68<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.09<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.24<\/td>\n%<\/td>\n<\/tr>\n
      Diluted<\/td>\n\u00a0<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.68<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.09<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.24<\/td>\n%<\/td>\n<\/tr>\n
      Performance and other financial ratios:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      ROAA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.44<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      ROAE<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15.35<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14.17<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net interest margin<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.56<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.53<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cost of funds<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.51<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.53<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Efficiency ratio<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n40.13<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41.03<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      (in thousands, except per share data)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
      2025<\/strong><\/td>\n      		\u00a0<\/td>\nSeptember 30,<\/strong>
      2024<\/strong><\/td>\n      		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
      Selected operating data:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net interest income<\/td>\n\u00a0<\/td>\n$<\/td>\n39,348<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n30,386<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,962<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.49<\/td>\n%<\/td>\n<\/tr>\n
      Provision for credit losses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,750<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(250<\/td>\n)<\/td>\n\u00a0<\/td>\n(9.09<\/td>\n)%<\/td>\n<\/tr>\n
      Non-interest income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,966<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,381<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n585<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n42.36<\/td>\n%<\/td>\n<\/tr>\n
      Non-interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,580<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,776<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,804<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20.35<\/td>\n%<\/td>\n<\/tr>\n
      Pre-tax income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,234<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,241<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,993<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n45.88<\/td>\n%<\/td>\n<\/tr>\n
      Provision for income taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,890<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,300<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,590<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n36.98<\/td>\n%<\/td>\n<\/tr>\n
      Net income<\/td>\n\u00a0<\/td>\n$<\/td>\n16,344<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n10,941<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,403<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n49.38<\/td>\n%<\/td>\n<\/tr>\n
      Earnings per common share:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Basic<\/td>\n\u00a0<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.52<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.25<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n48.08<\/td>\n%<\/td>\n<\/tr>\n
      Diluted<\/td>\n\u00a0<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.52<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.25<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n48.08<\/td>\n%<\/td>\n<\/tr>\n
      Performance and other financial ratios:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      ROAA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.44<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.18<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      ROAE<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15.35<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.31<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net interest margin<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.56<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cost of funds<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.51<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.72<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Efficiency ratio<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n40.13<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n43.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      Balance Sheet Summary<\/u><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
      (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
      2025<\/strong><\/td>\n      		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
      2025<\/strong><\/td>\n      		\u00a0<\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
      Selected financial condition data:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total assets<\/td>\n\u00a0<\/td>\n$<\/td>\n4,641,770<\/td>\n\u00a0<\/td>\n$<\/td>\n4,413,473<\/td>\n\u00a0<\/td>\n$<\/td>\n228,297<\/td>\n\u00a0<\/td>\n5.17<\/td>\n%<\/td>\n<\/tr>\n
      Cash and cash equivalents<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n580,447<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n483,810<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n96,637<\/td>\n\u00a0<\/td>\n19.97<\/td>\n%<\/td>\n<\/tr>\n
      Total loans held for investment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,887,259<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,758,025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n129,234<\/td>\n\u00a0<\/td>\n3.44<\/td>\n%<\/td>\n<\/tr>\n
      Total investments<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n97,825<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n97,575<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n250<\/td>\n\u00a0<\/td>\n0.26<\/td>\n%<\/td>\n<\/tr>\n
      Total liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,210,462<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,996,731<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n213,731<\/td>\n\u00a0<\/td>\n5.35<\/td>\n%<\/td>\n<\/tr>\n
      Total deposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,103,438<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,894,622<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n208,816<\/td>\n\u00a0<\/td>\n5.36<\/td>\n%<\/td>\n<\/tr>\n
      Subordinated notes, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n74,004<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73,968<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n36<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n<\/tr>\n
      Total shareholders\u2019 equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n431,308<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n416,742<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,566<\/td>\n\u00a0<\/td>\n3.50<\/td>\n%<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n
        \n
      • Insured and collateralized deposits were approximately $2.7 billion, representing 65.25% of total deposits as of September\u00a030, 2025, as compared to 67.06% as of June\u00a030, 2025. Net uninsured and uncollateralized deposits were approximately $1.4 billion as of September\u00a030, 2025, increasing from $1.3 billion at June\u00a030, 2025.<\/li>\n
      • Non-wholesale deposit accounts constituted 87.66% of total deposits as of September\u00a030, 2025, as compared to 83.14% at June\u00a030, 2025. Deposit relationships of greater than $5 million represented 60.14% of total deposits as of September\u00a030, 2025, as compared to 59.91% as of June\u00a030, 2025, and had an average age of approximately 7.98 years as of September\u00a030, 2025, as compared to 8.34 years as of June\u00a030, 2025.<\/li>\n
      • Total deposits as of September\u00a030, 2025 were $4.1 billion, an increase of $208.8 million, or 5.36%, from June\u00a030, 2025, comprised of increases in both interest-bearing and non-interest-bearing deposits. Interest-bearing deposits added $171.6 million in growth, which was primarily due to the opening of new money market deposit accounts during the quarter, adding $141.3 million in new balances. Non-interest-bearing deposit growth was driven by new accounts opened during the quarter, adding $28.8 million in new balances.<\/li>\n
      • Cash and cash equivalents as of September\u00a030, 2025 were $580.4 million, representing 14.15% of total deposits at September\u00a030, 2025, as compared to 12.42% as of June\u00a030, 2025.<\/li>\n
      • Total liquidity (consisting of cash and cash equivalents and unused and immediately available borrowing capacity as set forth below) was approximately $2.3 billion as of September\u00a030, 2025, as compared to $2.2 billion at June\u00a030, 2025.<\/li>\n<\/ul>\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/td>\nSeptember 30, 2025<\/strong><\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/td>\nLine of Credit<\/strong><\/td>\n\u00a0<\/td>\nLetters of
        Credit Issued<\/strong><\/td>\n        		\u00a0<\/td>\nBorrowings<\/strong><\/td>\n\u00a0<\/td>\nAvailable<\/strong><\/td>\n<\/tr>\n
        Federal Home Loan Bank of San Francisco (\u201cFHLB\u201d) advances<\/td>\n\u00a0<\/td>\n$<\/td>\n1,420,987<\/td>\n\u00a0<\/td>\n$<\/td>\n762,500<\/td>\n\u00a0<\/td>\n$<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n$<\/td>\n658,487<\/td>\n<\/tr>\n
        Federal Reserve Discount Window<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n918,370<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n918,370<\/td>\n<\/tr>\n
        Correspondent bank lines of credit<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n185,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n185,000<\/td>\n<\/tr>\n
        Cash and cash equivalents<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n580,447<\/td>\n<\/tr>\n
        Total<\/td>\n\u00a0<\/td>\n$<\/td>\n2,524,357<\/td>\n\u00a0<\/td>\n$<\/td>\n762,500<\/td>\n\u00a0<\/td>\n$<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n$<\/td>\n2,342,304<\/td>\n<\/tr>\n<\/table>\n

        <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nDecember 31,<\/strong>
        2024<\/strong><\/td>\n        		\u00a0<\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
        Selected financial condition data:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total assets<\/td>\n\u00a0<\/td>\n$<\/td>\n4,641,770<\/td>\n\u00a0<\/td>\n$<\/td>\n4,053,278<\/td>\n\u00a0<\/td>\n$<\/td>\n588,492<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14.52<\/td>\n%<\/td>\n<\/tr>\n
        Cash and cash equivalents<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n580,447<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n352,343<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n228,104<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n64.74<\/td>\n%<\/td>\n<\/tr>\n
        Total loans held for investment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,887,259<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,532,686<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n354,573<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.04<\/td>\n%<\/td>\n<\/tr>\n
        Total investments<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n97,825<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n100,914<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,089<\/td>\n)<\/td>\n\u00a0<\/td>\n(3.06<\/td>\n)%<\/td>\n<\/tr>\n
        Total liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,210,462<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,656,654<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n553,808<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15.15<\/td>\n%<\/td>\n<\/tr>\n
        Total deposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,103,438<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,557,994<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n545,444<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15.33<\/td>\n%<\/td>\n<\/tr>\n
        Subordinated notes, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n74,004<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73,895<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n109<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.15<\/td>\n%<\/td>\n<\/tr>\n
        Total shareholders\u2019 equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n431,308<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n396,624<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n34,684<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8.74<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        The increase in total assets from December\u00a031, 2024 to September\u00a030, 2025 was primarily comprised of a $354.6 million\u00a0increase in total loans held for investment and a $228.1 million\u00a0increase in cash and cash equivalents. The $354.6 million increase in total loans held for investment between December\u00a031, 2024 and September\u00a030, 2025 was a result of $931.8 million in loan originations and advances, partially offset by $219.8 million and $357.5 million in loan payoffs and paydowns, respectively. The $354.6 million increase in total loans held for investment included $70.7 million in purchases of loans within the consumer concentration of the loan portfolio. The $228.1 million increase in cash and cash equivalents primarily resulted from a $217.8 million increase in interest-bearing deposits in banks.<\/p>\n

        The increase in total liabilities from December\u00a031, 2024 to September\u00a030, 2025 was primarily due to an increase in deposits of $545.4 million. The increase in deposits was largely due to increases in money market and non-interest-bearing deposits of $446.9 million and $136.5 million, respectively.<\/p>\n

        The increase in total shareholders\u2019 equity from December\u00a031, 2024 to September\u00a030, 2025 was primarily a result of net income recognized of $44.0 million and a $2.5 million increase in accumulated other comprehensive income, partially offset by $12.8 million in cash dividends paid during the period.<\/p>\n

        Net Interest Income and Net Interest Margin<\/u><\/strong><\/p>\n

        The following is a summary of the components of net interest income for the periods indicated:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
        Interest and fee income<\/td>\n\u00a0<\/td>\n$<\/td>\n64,845<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n60,580<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,265<\/td>\n\u00a0<\/td>\n7.04<\/td>\n%<\/td>\n<\/tr>\n
        Interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,497<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24,065<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,432<\/td>\n\u00a0<\/td>\n5.95<\/td>\n%<\/td>\n<\/tr>\n
        Net interest income<\/td>\n\u00a0<\/td>\n$<\/td>\n39,348<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n36,515<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,833<\/td>\n\u00a0<\/td>\n7.76<\/td>\n%<\/td>\n<\/tr>\n
        Net interest margin<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.56<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.53<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2024<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
        Interest and fee income<\/td>\n\u00a0<\/td>\n$<\/td>\n64,845<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n52,667<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n12,178<\/td>\n\u00a0<\/td>\n23.12<\/td>\n%<\/td>\n<\/tr>\n
        Interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,497<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,281<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,216<\/td>\n\u00a0<\/td>\n14.43<\/td>\n%<\/td>\n<\/tr>\n
        Net interest income<\/td>\n\u00a0<\/td>\n$<\/td>\n39,348<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n30,386<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,962<\/td>\n\u00a0<\/td>\n29.49<\/td>\n%<\/td>\n<\/tr>\n
        Net interest margin<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.56<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        The following table shows the components of net interest income and net interest margin for the quarterly periods indicated:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/td>\nThree months ended<\/strong><\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nSeptember 30, 2025<\/strong><\/td>\n\u00a0<\/strong><\/td>\nJune 30, 2025<\/strong><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30, 2024<\/strong><\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/td>\nAverage
        Balance<\/td>\n        		\u00a0<\/td>\nInterest
        Income\/
        Expense<\/td>\n        		\u00a0<\/td>\nYield\/
        Rate<\/td>\n        		\u00a0<\/td>\nAverage
        Balance<\/td>\n        		\u00a0<\/td>\nInterest
        Income\/
        Expense<\/td>\n        		\u00a0<\/td>\nYield\/
        Rate<\/td>\n        		\u00a0<\/td>\nAverage
        Balance<\/td>\n        		\u00a0<\/td>\nInterest
        Income\/
        Expense<\/td>\n        		\u00a0<\/td>\nYield\/
        Rate<\/td>\n<\/tr>\n
        Assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest-earning deposits in banks<\/td>\n\u00a0<\/td>\n$<\/td>\n451,534<\/td>\n\u00a0<\/td>\n$<\/td>\n5,009<\/td>\n\u00a0<\/td>\n4.40<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n361,866<\/td>\n\u00a0<\/td>\n$<\/td>\n3,987<\/td>\n\u00a0<\/td>\n4.42<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n126,266<\/td>\n\u00a0<\/td>\n$<\/td>\n1,657<\/td>\n\u00a0<\/td>\n5.22<\/td>\n%<\/td>\n<\/tr>\n
        Investment securities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n96,806<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n579<\/td>\n\u00a0<\/td>\n2.38<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n97,886<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n577<\/td>\n\u00a0<\/td>\n2.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n106,256<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n620<\/td>\n\u00a0<\/td>\n2.32<\/td>\n%<\/td>\n<\/tr>\n
        Loans held for investment and sale<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,831,851<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n59,257<\/td>\n\u00a0<\/td>\n6.14<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,691,616<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n56,016<\/td>\n\u00a0<\/td>\n6.09<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,354,050<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50,390<\/td>\n\u00a0<\/td>\n5.98<\/td>\n%<\/td>\n<\/tr>\n
        Total interest-earning assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,380,191<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n64,845<\/td>\n\u00a0<\/td>\n5.87<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,151,368<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n60,580<\/td>\n\u00a0<\/td>\n5.85<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,586,572<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n52,667<\/td>\n\u00a0<\/td>\n5.84<\/td>\n%<\/td>\n<\/tr>\n
        Interest receivable and other assets, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n110,118<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n101,632<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n91,965<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total assets<\/td>\n\u00a0<\/td>\n$<\/td>\n4,490,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,253,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,678,537<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Liabilities and shareholders\u2019 equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest-bearing transaction accounts<\/td>\n\u00a0<\/td>\n$<\/td>\n300,642<\/td>\n\u00a0<\/td>\n$<\/td>\n1,194<\/td>\n\u00a0<\/td>\n1.58<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n283,369<\/td>\n\u00a0<\/td>\n$<\/td>\n1,043<\/td>\n\u00a0<\/td>\n1.48<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n302,188<\/td>\n\u00a0<\/td>\n$<\/td>\n1,237<\/td>\n\u00a0<\/td>\n1.63<\/td>\n%<\/td>\n<\/tr>\n
        Savings accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n130,973<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n895<\/td>\n\u00a0<\/td>\n2.71<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n121,692<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n801<\/td>\n\u00a0<\/td>\n2.64<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n124,851<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n979<\/td>\n\u00a0<\/td>\n3.12<\/td>\n%<\/td>\n<\/tr>\n
        Money market accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,874,089<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,348<\/td>\n\u00a0<\/td>\n3.25<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,647,628<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,270<\/td>\n\u00a0<\/td>\n3.23<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,578,244<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,688<\/td>\n\u00a0<\/td>\n3.70<\/td>\n%<\/td>\n<\/tr>\n
        Time accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n639,434<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,899<\/td>\n\u00a0<\/td>\n4.28<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n726,295<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,790<\/td>\n\u00a0<\/td>\n4.30<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n326,640<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,172<\/td>\n\u00a0<\/td>\n5.08<\/td>\n%<\/td>\n<\/tr>\n
        Subordinated notes and other borrowings<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73,981<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,161<\/td>\n\u00a0<\/td>\n6.23<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73,967<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,161<\/td>\n\u00a0<\/td>\n6.30<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n76,988<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,205<\/td>\n\u00a0<\/td>\n6.23<\/td>\n%<\/td>\n<\/tr>\n
        Total interest-bearing liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,019,119<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,497<\/td>\n\u00a0<\/td>\n3.35<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,852,951<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24,065<\/td>\n\u00a0<\/td>\n3.38<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,408,911<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,281<\/td>\n\u00a0<\/td>\n3.68<\/td>\n%<\/td>\n<\/tr>\n
        Demand accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,016,560<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n957,034<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n852,872<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest payable and other liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n32,210<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n32,406<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n32,062<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Shareholders\u2019 equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n422,420<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n410,609<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n384,692<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total liabilities & shareholders\u2019 equity<\/td>\n\u00a0<\/td>\n$<\/td>\n4,490,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,253,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,678,537<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Net interest spread<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.52<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.47<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.16<\/td>\n%<\/td>\n<\/tr>\n
        Net interest income\/margin<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n39,348<\/td>\n\u00a0<\/td>\n3.56<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n36,515<\/td>\n\u00a0<\/td>\n3.53<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n30,386<\/td>\n\u00a0<\/td>\n3.37<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Net interest income during the three months ended September\u00a030, 2025 increased $2.8 million, or 7.76%, to $39.3 million compared to $36.5 million during the three months ended June\u00a030, 2025. Net interest margin totaled 3.56% for the three months ended September\u00a030, 2025, an increase of three basis points compared to the prior quarter. The increase in net interest income is primarily attributable to an additional $4.3 million in interest income, mainly due to a $140.2 million, or 3.80%, increase in the average balance of loans and a five basis point improvement in the average yield on loans during the three months ended September\u00a030, 2025 compared to the prior quarter. The increase in interest income was partially offset by an additional $1.4 million in interest expense, which was mainly driven by a $225.7 million, or 6.04%, increase in the average balance of deposits at an average rate of two basis points lower than the prior quarter. In addition, the average balance of non-interest bearing deposits increased by $59.5 million, or 6.22%, compared to the prior quarter.<\/p>\n

        As compared to the three months ended September\u00a030, 2024, net interest income during the three months ended September\u00a030, 2025 increased by $9.0 million, or 29.49%, to $39.3 million from $30.4 million. Net interest margin totaled 3.56% for the three months ended September\u00a030, 2025, an increase of 19 basis points compared to the same quarter of the prior year. The increase in net interest income is primarily attributable to an additional $12.2 million in interest income, mainly due to a $477.8 million, or 14.25%, increase in the average balance of loans and a 16 basis point improvement in the average yield on loans during the three months ended September\u00a030, 2025 compared to the same quarter of the prior year. The increase in interest income was partially offset by an additional $3.2 million in interest expense compared to the same quarter of the prior year. The increase in interest expense is mainly attributable to a $776.9 million, or 24.39%, increase in the average balance of deposits at an average rate of 19 basis points lower during the three months ended September\u00a030, 2025 compared to the same quarter of the prior year. In addition, the average balance of non-interest-bearing deposits increased by $163.7 million, or 19.19%, compared to the same period of the prior year.<\/p>\n

        Loans by Type<\/u><\/strong><\/p>\n

        The following table provides loan balances, excluding deferred loan fees, by type as of the dates shown:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        (in thousands)<\/em><\/td>\n\u00a0<\/td>\nSeptember 30, 2025<\/strong><\/td>\n\u00a0<\/td>\nJune 30, 2025<\/strong><\/td>\n<\/tr>\n
        Real estate:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Commercial<\/td>\n\u00a0<\/td>\n$<\/td>\n3,144,303<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,066,627<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Commercial land and development<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n934<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,422<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Commercial construction<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n136,988<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n112,399<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Residential construction<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,976<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,479<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Residential<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n35,739<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n33,132<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Farmland<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n57,572<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n51,579<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Commercial:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Secured<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n191,170<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n173,855<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Unsecured<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n38,658<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n37,568<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Consumer and other<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n278,209<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n278,215<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Net deferred loan fees<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,290<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,251<\/td>\n)<\/td>\n<\/tr>\n
        Total loans held for investment<\/td>\n\u00a0<\/td>\n$<\/td>\n3,887,259<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,758,025<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Interest-bearing Deposits<\/u><\/strong><\/p>\n

        The following table provides interest-bearing deposit balances by type as of the dates shown:<\/p>\n\n\n\n\n\n\n\n\n
        (in thousands)<\/em><\/td>\n\u00a0<\/td>\nSeptember 30, 2025<\/strong><\/td>\n\u00a0<\/td>\nJune 30, 2025<\/strong><\/td>\n<\/tr>\n
        Interest-bearing transaction accounts<\/td>\n\u00a0<\/td>\n$<\/td>\n309,118<\/td>\n\u00a0<\/td>\n$<\/td>\n292,257<\/td>\n<\/tr>\n
        Money market accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,972,158<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,704,652<\/td>\n<\/tr>\n
        Savings accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n137,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n121,567<\/td>\n<\/tr>\n
        Time accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n625,580<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n772,085<\/td>\n<\/tr>\n
        Total interest-bearing deposits<\/td>\n\u00a0<\/td>\n$<\/td>\n3,044,356<\/td>\n\u00a0<\/td>\n$<\/td>\n2,890,561<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Asset Quality<\/u><\/strong><\/p>\n

        Allowance for Credit Losses<\/em><\/p>\n

        At September\u00a030, 2025, the Company\u2019s allowance for credit losses was $42.1 million, as compared to $37.8 million at December\u00a031, 2024. The $4.3 million increase in the allowance is due to a $7.1 million provision for credit losses recorded during the nine months ended September\u00a030, 2025, partially offset by net charge-offs of $2.8 million, primarily attributable to commercial and industrial loans, during the same period.<\/p>\n

        The Company\u2019s ratio of nonperforming loans to loans held for investment remained at 0.05% at September\u00a030, 2025 and December\u00a031, 2024. Loans designated as watch decreased from $123.4 million to $92.7 million between December\u00a031, 2024 and September\u00a030, 2025. As a result, loans designated as substandard increased from $2.6 million to $18.6 million between December\u00a031, 2024 and September\u00a030, 2025, primarily attributable to the downgrade of one special purpose commercial real estate loan whose borrower was experiencing financial difficulty. There were no loans with doubtful risk grades at September\u00a030, 2025 or December\u00a031, 2024.<\/p>\n

        A summary of the allowance for credit losses by loan class is as follows:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nSeptember 30, 2025<\/strong><\/td>\n\u00a0<\/strong><\/td>\nDecember 31, 2024<\/strong><\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nAmount<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% of Total<\/strong><\/td>\n\u00a0<\/strong><\/td>\nAmount<\/strong><\/td>\n\u00a0<\/strong><\/td>\n% of Total<\/strong><\/td>\n<\/tr>\n
        Real estate:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Commercial<\/td>\n\u00a0<\/td>\n$<\/td>\n23,473<\/td>\n\u00a0<\/td>\n55.81<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n25,864<\/td>\n\u00a0<\/td>\n68.44<\/td>\n%<\/td>\n<\/tr>\n
        Commercial land and development<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30<\/td>\n\u00a0<\/td>\n0.07<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n78<\/td>\n\u00a0<\/td>\n0.21<\/td>\n%<\/td>\n<\/tr>\n
        Commercial construction<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,355<\/td>\n\u00a0<\/td>\n10.35<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,268<\/td>\n\u00a0<\/td>\n6.00<\/td>\n%<\/td>\n<\/tr>\n
        Residential construction<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n108<\/td>\n\u00a0<\/td>\n0.26<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n64<\/td>\n\u00a0<\/td>\n0.17<\/td>\n%<\/td>\n<\/tr>\n
        Residential<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n351<\/td>\n\u00a0<\/td>\n0.83<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n270<\/td>\n\u00a0<\/td>\n0.71<\/td>\n%<\/td>\n<\/tr>\n
        Farmland<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n425<\/td>\n\u00a0<\/td>\n1.01<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n607<\/td>\n\u00a0<\/td>\n1.61<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28,742<\/td>\n\u00a0<\/td>\n68.33<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29,151<\/td>\n\u00a0<\/td>\n77.14<\/td>\n%<\/td>\n<\/tr>\n
        Commercial:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Secured<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,400<\/td>\n\u00a0<\/td>\n24.73<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,866<\/td>\n\u00a0<\/td>\n15.52<\/td>\n%<\/td>\n<\/tr>\n
        Unsecured<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n438<\/td>\n\u00a0<\/td>\n1.04<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n278<\/td>\n\u00a0<\/td>\n0.74<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,838<\/td>\n\u00a0<\/td>\n25.77<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,144<\/td>\n\u00a0<\/td>\n16.26<\/td>\n%<\/td>\n<\/tr>\n
        Consumer and other<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,481<\/td>\n\u00a0<\/td>\n5.90<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,496<\/td>\n\u00a0<\/td>\n6.60<\/td>\n%<\/td>\n<\/tr>\n
        Total allowance for credit losses<\/td>\n\u00a0<\/td>\n$<\/td>\n42,061<\/td>\n\u00a0<\/td>\n100.00<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n37,791<\/td>\n\u00a0<\/td>\n100.00<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        The ratio of allowance for credit losses to loans held for investment was 1.08% at September\u00a030, 2025, as compared to 1.07% at December\u00a031, 2024.<\/p>\n

        Non-interest Income<\/u><\/strong><\/p>\n

        The following table presents the key components of non-interest income for the periods indicated:<\/em><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
        Service charges on deposit accounts<\/td>\n\u00a0<\/td>\n$<\/td>\n185<\/td>\n\u00a0<\/td>\n$<\/td>\n196<\/td>\n\u00a0<\/td>\n$<\/td>\n(11<\/td>\n)<\/td>\n\u00a0<\/td>\n(5.61<\/td>\n)%<\/td>\n<\/tr>\n
        Gain on sale of loans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n119<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(119<\/td>\n)<\/td>\n\u00a0<\/td>\n(100.00<\/td>\n)%<\/td>\n<\/tr>\n
        Loan-related fees<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n683<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n468<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n215<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n45.94<\/td>\n%<\/td>\n<\/tr>\n
        FHLB stock dividends<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n329<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n325<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.23<\/td>\n%<\/td>\n<\/tr>\n
        Earnings on bank-owned life insurance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n209<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n220<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11<\/td>\n)<\/td>\n\u00a0<\/td>\n(5.00<\/td>\n)%<\/td>\n<\/tr>\n
        Other income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n560<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n482<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n78<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16.18<\/td>\n%<\/td>\n<\/tr>\n
        Total non-interest income<\/td>\n\u00a0<\/td>\n$<\/td>\n1,966<\/td>\n\u00a0<\/td>\n$<\/td>\n1,810<\/td>\n\u00a0<\/td>\n$<\/td>\n156<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8.62<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Gain on sale of loans. <\/em>The decrease related to an overall decline in the volume of loans sold. During the three months ended September\u00a030, 2025, no loans were sold, as compared to approximately $1.6 million of loans sold with an effective yield of 7.60% during the three months ended June\u00a030, 2025.<\/p>\n

        Loan-related fees. <\/em>The increase resulted primarily from an increase of $0.2 million in swap referral fees recognized during the three months ended September\u00a030, 2025, as compared to the three months ended June\u00a030, 2025.<\/p>\n

        The following table presents the key components of non-interest income for the periods indicated:<\/em><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2024<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
        Service charges on deposit accounts<\/td>\n\u00a0<\/td>\n$<\/td>\n185<\/td>\n\u00a0<\/td>\n$<\/td>\n165<\/td>\n\u00a0<\/td>\n$<\/td>\n20<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12.12<\/td>\n%<\/td>\n<\/tr>\n
        Gain on sale of loans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n306<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(306<\/td>\n)<\/td>\n\u00a0<\/td>\n(100.00<\/td>\n)%<\/td>\n<\/tr>\n
        Loan-related fees<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n683<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n406<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n277<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n68.23<\/td>\n%<\/td>\n<\/tr>\n
        FHLB stock dividends<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n329<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n327<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.61<\/td>\n%<\/td>\n<\/tr>\n
        Earnings on bank-owned life insurance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n209<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n162<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n47<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.01<\/td>\n%<\/td>\n<\/tr>\n
        Other income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n560<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n545<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,633.33<\/td>\n%<\/td>\n<\/tr>\n
        Total non-interest income<\/td>\n\u00a0<\/td>\n$<\/td>\n1,966<\/td>\n\u00a0<\/td>\n$<\/td>\n1,381<\/td>\n\u00a0<\/td>\n$<\/td>\n585<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n42.36<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Gain on sale of loans. <\/em>The decrease related to an overall decline in the volume of loans sold. During the three months ended September\u00a030, 2025, no loans were sold, as compared to approximately $4.4 million of loans sold with an effective yield of 7.03% during the three months ended September\u00a030, 2024.<\/p>\n

        Loan-related fees. <\/em>The increase resulted primarily from an increase of $0.3 million in swap referral fees recognized during the three months ended September\u00a030, 2025, as compared to the three months ended September\u00a030, 2024.<\/p>\n

        Other income. <\/em>The increase related primarily to an overall improvement in earnings related to investments in venture-backed funds during the three months ended September\u00a030, 2025 compared to the three months ended September\u00a030, 2024.<\/p>\n

        Non-interest Expense<\/u><\/strong><\/p>\n

        The following table presents the key components of non-interest expense for the periods indicated:<\/em><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0(in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/td>\nJune 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
        Salaries and employee benefits<\/td>\n\u00a0<\/td>\n$<\/td>\n9,716<\/td>\n\u00a0<\/td>\n$<\/td>\n8,910<\/td>\n\u00a0<\/td>\n$<\/td>\n806<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.05<\/td>\n%<\/td>\n<\/tr>\n
        Occupancy and equipment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n700<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n657<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n43<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.54<\/td>\n%<\/td>\n<\/tr>\n
        Data processing and software<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,559<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,508<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n51<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.38<\/td>\n%<\/td>\n<\/tr>\n
        Federal Deposit Insurance Corporation (\u201cFDIC\u201d) insurance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n470<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.38<\/td>\n%<\/td>\n<\/tr>\n
        Professional services<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n932<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n918<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.53<\/td>\n%<\/td>\n<\/tr>\n
        Advertising and promotional<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n803<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n865<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(62<\/td>\n)<\/td>\n\u00a0<\/td>\n(7.17<\/td>\n)%<\/td>\n<\/tr>\n
        Loan-related expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n317<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n423<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(106<\/td>\n)<\/td>\n\u00a0<\/td>\n(25.06<\/td>\n)%<\/td>\n<\/tr>\n
        Other operating expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,053<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,975<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n78<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.95<\/td>\n%<\/td>\n<\/tr>\n
        Total non-interest expense<\/td>\n\u00a0<\/td>\n$<\/td>\n16,580<\/td>\n\u00a0<\/td>\n$<\/td>\n15,726<\/td>\n\u00a0<\/td>\n$<\/td>\n854<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5.43<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Salaries and employee benefits.<\/em> The increase related primarily to: (i) a $0.8 million increase in salaries, benefits, and bonus expense, mainly related to a 1.38% increase in headcount between June\u00a030, 2025 and September\u00a030, 2025; and (ii) a $0.1 million increase in commissions paid.<\/p>\n

        Loan-related expenses.<\/em> The decrease related primarily to decreases in expenses related to loans, including amortization of servicing assets, inspections, and legal fees.<\/p>\n

        The following table presents the key components of non-interest expense for the periods indicated:<\/em><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n\u00a0<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2024<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\n$ Change<\/strong><\/td>\n\u00a0<\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
        Salaries and employee benefits<\/td>\n\u00a0<\/td>\n$<\/td>\n9,716<\/td>\n\u00a0<\/td>\n$<\/td>\n7,969<\/td>\n\u00a0<\/td>\n$<\/td>\n1,747<\/td>\n\u00a0<\/td>\n21.92<\/td>\n%<\/td>\n<\/tr>\n
        Occupancy and equipment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n700<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n626<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n74<\/td>\n\u00a0<\/td>\n11.82<\/td>\n%<\/td>\n<\/tr>\n
        Data processing and software<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,559<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,327<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n232<\/td>\n\u00a0<\/td>\n17.48<\/td>\n%<\/td>\n<\/tr>\n
        FDIC insurance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n405<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n95<\/td>\n\u00a0<\/td>\n23.46<\/td>\n%<\/td>\n<\/tr>\n
        Professional services<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n932<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n830<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n102<\/td>\n\u00a0<\/td>\n12.29<\/td>\n%<\/td>\n<\/tr>\n
        Advertising and promotional<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n803<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n584<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n219<\/td>\n\u00a0<\/td>\n37.50<\/td>\n%<\/td>\n<\/tr>\n
        Loan-related expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n317<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n292<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25<\/td>\n\u00a0<\/td>\n8.56<\/td>\n%<\/td>\n<\/tr>\n
        Other operating expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,053<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,743<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n310<\/td>\n\u00a0<\/td>\n17.79<\/td>\n%<\/td>\n<\/tr>\n
        Total non-interest expense<\/td>\n\u00a0<\/td>\n$<\/td>\n16,580<\/td>\n\u00a0<\/td>\n$<\/td>\n13,776<\/td>\n\u00a0<\/td>\n$<\/td>\n2,804<\/td>\n\u00a0<\/td>\n20.35<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Salaries and employee benefits.<\/em> The increase related primarily to: (i) a $1.7 million increase in salaries, benefits, and bonus expense, mainly related to a 13.33% increase in headcount between September\u00a030, 2024 and September\u00a030, 2025; and (ii) a $0.5 million increase in commissions paid. This increase was partially offset by a $0.5 million increase in deferred loan origination costs due to a greater number of loan originations, net of purchased consumer loans, period-over-period.<\/p>\n

        Data processing and software.<\/em> The increase was primarily due to: (i) increased usage of our digital banking platform; (ii) higher transaction volumes related to the increased number of loan and deposit accounts; and (iii) an increased number of licenses required for new users on our loan origination and documentation system.<\/p>\n

        Professional services. <\/em>The increase was primarily due to a $0.1 million increase in fees paid for business development consulting services.<\/p>\n

        Advertising and promotional.<\/em> The increase related primarily to additional expenses incurred to support the expansion of the Bank\u2019s business development teams, including a $0.1 million increase in expenses related to sponsored events and partnerships and a $0.1 million increase related to client and prospective client development expenses.<\/p>\n

        Other operating expenses. <\/em>The increase was primarily due to: (i) a $0.1 million increase in administrative charges, including subscription services and bank charges; (ii) a $0.1 million increase in IntraFi Network fees resulting from an overall increase in balances carried in the network; and (iii) a $0.1 million increase in armored car and courier expenses.<\/p>\n

        Provision for Income Taxes<\/u><\/strong><\/p>\n

        On July 4, 2025, the President signed H.R. 1, the \u201cOne Big Beautiful Bill Act,\u201d into law. The legislation includes several changes to federal tax law that generally allow for more favorable deductibility of certain business expenses beginning in 2025, including the restoration of immediate expensing of domestic R&D expenditures, reinstatement of 100% bonus depreciation, and more favorable rules for determining the limitation on business interest expense. The Act also made certain changes to the deductibility of the cost of meals and charitable contributions that are effective for tax years beginning after December 31, 2025. These changes were not reflected in the income tax provision for the period ended September 30, 2025. The Company evaluated the impact on future periods and the legislation is not expected to have a significant impact on the Company’s consolidated financial statements.<\/p>\n

        Three months ended September\u00a030, 2025, as compared to three months ended June\u00a030, 2025<\/em><\/p>\n

        Provision for income taxes increased to $5.9 million for the three months ended September\u00a030, 2025 from $5.6 million for the three months ended June\u00a030, 2025, which was primarily due to an increase in taxable income recognized during the three months ended September\u00a030, 2025. The effective tax rates were 26.49% and 27.82% for the three months ended September\u00a030, 2025 and June\u00a030, 2025, respectively.<\/p>\n

        Three months ended September\u00a030, 2025, as compared to three months ended September\u00a030, 2024<\/em><\/p>\n

        Provision for income taxes increased by $1.6 million, or 36.98%, for the three months ended September\u00a030, 2025 compared to the three months ended September\u00a030, 2024. This increase was primarily driven by an increase in taxable income. The effective tax rates were 26.49% and 28.21% for the three months ended September\u00a030, 2025 and September\u00a030, 2024, respectively.<\/p>\n

        Webcast Details<\/u><\/strong><\/p>\n

        Five Star Bancorp will host a live webcast for analysts and investors on Tuesday, October 28, 2025 at 1:00 PM ET (10:00 AM PT) to discuss its third quarter financial results. To view the live webcast, visit the \u201cNews & Events\u201d section of the Company\u2019s website under \u201cEvents\u201d at https:\/\/investors.fivestarbank.com\/news-events\/events. The webcast will be archived on the Company\u2019s website for a period of 90 days.<\/p>\n

        About\u00a0Five Star Bancorp<\/u><\/strong><\/p>\n

        Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has nine branches in Northern California.<\/p>\n

        Forward-Looking Statements<\/u><\/strong><\/p>\n

        This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company\u2019s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as \u201cmay,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201caim,\u201d \u201cintend,\u201d \u201cplan,\u201d or words or phases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company\u2019s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company\u2019s control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company\u2019s control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company\u2019s forward-looking information and statements proves incorrect, then the Company\u2019s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company\u2019s forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company\u2019s Annual Report on Form 10-K for the year ended December\u00a031, 2024 and Quarterly Reports on Form 10-Q for the three months ended March 31, 2025 and June 30, 2025, in each case under the section entitled \u201cRisk Factors,\u201d and other documents filed by the Company with the Securities and Exchange Commission from time to time.<\/p>\n

        The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.<\/p>\n

        Condensed Financial Data (Unaudited)<\/u><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/strong><\/td>\nThree months ended<\/strong><\/td>\n<\/tr>\n
        (in thousands, except per share and share data)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2024<\/strong><\/td>\n<\/tr>\n
        Revenue and Expense Data<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest and fee income<\/td>\n\u00a0<\/td>\n$<\/td>\n64,845<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n60,580<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n52,667<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,497<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24,065<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,281<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Net interest income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n39,348<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n36,515<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30,386<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Provision for credit losses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,750<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Net interest income after provision<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n36,848<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n34,015<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,636<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Non-interest income:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Service charges on deposit accounts<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n185<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n196<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n165<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Gain on sale of loans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n119<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n306<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Loan-related fees<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n683<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n468<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n406<\/td>\n\u00a0<\/td>\n<\/tr>\n
        FHLB stock dividends<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n329<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n325<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n327<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Earnings on bank-owned life insurance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n209<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n220<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n162<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Other income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n560<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n482<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total non-interest income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,966<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,810<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,381<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Non-interest expense:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Salaries and employee benefits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,716<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,910<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,969<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Occupancy and equipment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n700<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n657<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n626<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Data processing and software<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,559<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,508<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,327<\/td>\n\u00a0<\/td>\n<\/tr>\n
        FDIC insurance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n470<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n405<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Professional services<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n932<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n918<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n830<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Advertising and promotional<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n803<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n865<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n584<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Loan-related expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n317<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n423<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n292<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Other operating expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,053<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,975<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,743<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total non-interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,580<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,726<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,776<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Income before provision for income taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,234<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20,099<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,241<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Provision for income taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,890<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,591<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,300<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Net income<\/td>\n\u00a0<\/td>\n$<\/td>\n16,344<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,508<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n10,941<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Comprehensive Income<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Net income<\/td>\n\u00a0<\/td>\n$<\/td>\n16,344<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,508<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n10,941<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Net unrealized holding gain on securities available-for-sale during the period<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,843<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n190<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,549<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Less: Income tax expense related to other comprehensive income (loss)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n763<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n502<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,049<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Other comprehensive income (loss)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,080<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(312<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total comprehensive income<\/td>\n\u00a0<\/td>\n$<\/td>\n18,424<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,196<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n13,441<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Share and Per Share Data<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Earnings per common share:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Basic<\/td>\n\u00a0<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.68<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.52<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Diluted<\/td>\n\u00a0<\/td>\n$<\/td>\n0.77<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.68<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.52<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Book value per share<\/td>\n\u00a0<\/td>\n$<\/td>\n20.19<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n19.51<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n18.29<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Tangible book value per share(1)<\/sup><\/td>\n\u00a0<\/td>\n$<\/td>\n20.19<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n19.51<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n18.29<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Weighted average basic common shares outstanding<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,231,563<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,225,831<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,182,143<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Weighted average diluted common shares outstanding<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,281,818<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,269,265<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,232,758<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Shares outstanding at end of period<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,367,387<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,360,991<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,319,583<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Selected Financial Ratios<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        ROAA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.44<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.37<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.18<\/td>\n%<\/td>\n<\/tr>\n
        ROAE<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15.35<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14.17<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.31<\/td>\n%<\/td>\n<\/tr>\n
        Net interest margin<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.56<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.53<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.37<\/td>\n%<\/td>\n<\/tr>\n
        Loan to deposit(2)<\/sup><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n94.73<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n96.50<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n101.87<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        (1)<\/sup> See the section entitled \u201cNon-GAAP Reconciliation (Unaudited)\u201d for a reconciliation of this non-GAAP financial measure.<\/p>\n

        (2)<\/sup> Loan balance in loan to deposit ratio is total loans held for investment and sale at period end. Deposit balance in loan to deposit ratio is total deposits at period end.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2024<\/strong><\/td>\n<\/tr>\n
        Balance Sheet Data<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Cash and due from financial institutions<\/td>\n\u00a0<\/td>\n$<\/td>\n44,147<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n53,724<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n44,531<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest-bearing deposits in banks<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n536,300<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n430,086<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n206,321<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Time deposits in banks<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n100<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n849<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,118<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Securities – available-for-sale, at fair value<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n95,635<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n94,990<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n104,238<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Securities – held-to-maturity, at amortized cost<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,190<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,585<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,720<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Loans held for sale<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,910<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Loans held for investment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,887,259<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,758,025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,460,565<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Allowance for credit losses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(42,061<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(40,167<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(37,583<\/td>\n)<\/td>\n<\/tr>\n
        Loans held for investment, net of allowance for credit losses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,845,198<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,717,858<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,422,982<\/td>\n\u00a0<\/td>\n<\/tr>\n
        FHLB stock<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Operating leases, right-of-use asset<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,751<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,094<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,590<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Premises and equipment, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,656<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,606<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,657<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Bank-owned life insurance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n23,676<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n23,466<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,192<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest receivable and other assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n68,117<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n65,906<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n56,745<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total assets<\/td>\n\u00a0<\/td>\n$<\/td>\n4,641,770<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,413,473<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,887,004<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Non-interest-bearing deposits<\/td>\n\u00a0<\/td>\n$<\/td>\n1,059,082<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,004,061<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n906,939<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest-bearing deposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,044,356<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,890,561<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,493,040<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total deposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,103,438<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,894,622<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,399,979<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Subordinated notes, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n74,004<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73,968<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73,859<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Other borrowings<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Operating lease liability<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,431<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,744<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,101<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Interest payable and other liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,589<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20,397<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,135<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,210,462<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,996,731<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,497,074<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Common stock<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n303,571<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n303,155<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n302,251<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Retained earnings<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n137,615<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n125,545<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n97,411<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Accumulated other comprehensive loss, net of taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9,878<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11,958<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9,732<\/td>\n)<\/td>\n<\/tr>\n
        Total shareholders\u2019 equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n431,308<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n416,742<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n389,930<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total liabilities and shareholders\u2019 equity<\/td>\n\u00a0<\/td>\n$<\/td>\n4,641,770<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,413,473<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,887,004<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Quarterly Average Balance Data<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Average loans held for investment and sale<\/td>\n\u00a0<\/td>\n$<\/td>\n3,831,851<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,691,616<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,354,050<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Average interest-earning assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,380,191<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,151,368<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,586,572<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Average total assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,490,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,253,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,678,537<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Average deposits<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,961,698<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,736,018<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,184,795<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Average total equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n422,420<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n410,609<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n384,692<\/td>\n\u00a0<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Credit Quality<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Allowance for credit losses to nonperforming loans<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,975.62<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,763.26<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,041.44<\/td>\n%<\/td>\n<\/tr>\n
        Nonperforming loans to loans held for investment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.06<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n<\/tr>\n
        Nonperforming assets to total assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n<\/tr>\n
        Nonperforming loans plus performing loan modifications to loans held for investment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.06<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.05<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Capital Ratios<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Total shareholders\u2019 equity to total assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.29<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.44<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.03<\/td>\n%<\/td>\n<\/tr>\n
        Tangible shareholders\u2019 equity to tangible assets(1)<\/sup><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.29<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.44<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.03<\/td>\n%<\/td>\n<\/tr>\n
        Total capital (to risk-weighted assets)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.59<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.73<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.94<\/td>\n%<\/td>\n<\/tr>\n
        Tier 1 capital (to risk-weighted assets)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.77<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.85<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.93<\/td>\n%<\/td>\n<\/tr>\n
        Common equity Tier 1 capital (to risk-weighted assets)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.77<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.85<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.93<\/td>\n%<\/td>\n<\/tr>\n
        Tier 1 leverage ratio<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.78<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.03<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.83<\/td>\n%<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        (1)<\/sup> See the section entitled \u201cNon-GAAP Reconciliation (Unaudited)\u201d for a reconciliation of this non-GAAP financial measure.<\/p>\n

        Non-GAAP Reconciliation (Unaudited)<\/u><\/strong><\/p>\n

        The Company uses financial information in its analysis of the Company\u2019s performance that is not in conformity with accounting principles generally accepted in the United States of America (\u201cGAAP\u201d). The Company believes that these non-GAAP financial measures provide useful information to management and investors that is supplementary to the Company\u2019s financial condition, results of operations, and cash flows computed in accordance with GAAP. However, the Company acknowledges that its non-GAAP financial measures have a number of limitations. As such, investors should not view these disclosures as a substitute for results determined in accordance with GAAP. Additionally, these non-GAAP measures are not necessarily comparable to non-GAAP financial measures that other banking companies use. Other banking companies may use names similar to those the Company uses for the non-GAAP financial measures the Company discloses, but may calculate them differently. Investors should understand how the Company and other companies each calculate their non-GAAP financial measures when making comparisons.<\/p>\n

        Tangible shareholders\u2019 equity to tangible assets is defined as total equity less goodwill and other intangible assets, divided by total assets less goodwill and other intangible assets. The most directly comparable GAAP financial measure is total shareholders\u2019 equity to total assets. Management believes that tangible shareholders\u2019 equity to tangible assets is a useful financial measure because it enables management, investors, and others to assess the Company\u2019s financial health based on tangible capital. We had no goodwill or other intangible assets at the end of any period indicated. As a result, tangible shareholders\u2019 equity to tangible assets is the same as total shareholders\u2019 equity to total assets at the end of each of the periods indicated.<\/p>\n

        Tangible book value per share is defined as total shareholders\u2019 equity less goodwill and other intangible assets, divided by the outstanding number of common shares at the end of the period. The most directly comparable GAAP financial measure is book value per share. Management believes that tangible book value per share is a useful financial measure because it enables management, investors, and others to assess the Company\u2019s value and use of equity. We had no goodwill or other intangible assets at the end of any period indicated. As a result, tangible book value per share is the same as book value per share at the end of each of the periods indicated.<\/p>\n

        Pre-tax, pre-provision income is defined as pre-tax income plus provision for credit losses. The most directly comparable GAAP financial measure is pre-tax income. Management believes that pre-tax, pre-provision income is a useful financial measure because it enables management, investors, and others to assess the Company\u2019s ability to generate operating profit and capital.<\/p>\n

        The following reconciliation table provides a more detailed analysis of this non-GAAP financial measure:<\/p>\n\n\n\n\n\n\n\n\n
        \u00a0<\/td>\n\u00a0<\/td>\nThree months ended<\/strong><\/td>\n<\/tr>\n
        (in thousands)<\/em><\/td>\n\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nJune 30,<\/strong>
        2025<\/strong><\/td>\n        		\u00a0<\/strong><\/td>\nSeptember 30,<\/strong>
        2024<\/strong><\/td>\n<\/tr>\n
        Pre-tax, pre-provision income<\/strong><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
        Pre-tax income<\/td>\n\u00a0<\/td>\n$<\/td>\n22,234<\/td>\n\u00a0<\/td>\n$<\/td>\n20,099<\/td>\n\u00a0<\/td>\n$<\/td>\n15,241<\/td>\n<\/tr>\n
        Add: provision for credit losses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,500<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,750<\/td>\n<\/tr>\n
        Pre-tax, pre-provision income<\/td>\n\u00a0<\/td>\n$<\/td>\n24,734<\/td>\n\u00a0<\/td>\n$<\/td>\n22,599<\/td>\n\u00a0<\/td>\n$<\/td>\n17,991<\/td>\n<\/tr>\n
        \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

        Investor Contact:<\/strong>
        Heather C. Luck, Chief Financial Officer
        Five Star Bancorp
        (916) 626-5008
        hluck@fivestarbank.com<\/p>\n

        Media Contact:<\/strong>
        Shelley R. Wetton, Chief Marketing Officer
        Five Star Bancorp
        (916) 284-7827
        swetton@fivestarbank.com<\/p>\n

        \"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

        RANCHO CORDOVA, Calif., Oct. 27, 2025 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (\u201cFive Star\u201d or the \u201cCompany\u201d), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the \u201cBank\u201d), today reported net income of $16.3 million for the three months ended September 30, 2025, as compared to $14.5 million […]\n","protected":false},"author":1,"featured_media":79226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-73510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"\nFive Star Bancorp Announces Third Quarter 2025 Results - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five Star Bancorp Announces Third Quarter 2025 Results\" \/>\n<meta property=\"og:description\" content=\"RANCHO CORDOVA, Calif., Oct. 27, 2025 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (\u201cFive Star\u201d or the \u201cCompany\u201d), a holding comp\" \/>\n<meta property=\"og:url\" content=\"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Biz and Live in Saigon\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SaigonbizGroup\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-28T00:04:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/english.saigonbiz.com\/vn\/wp-content\/uploads\/2025\/10\/Five-Star-Bank.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"25 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#\/schema\/person\/267b348e6cf32a66aab33637c2d399a6\"},\"headline\":\"Five Star Bancorp Announces Third Quarter 2025 Results\",\"datePublished\":\"2025-10-28T00:04:27+00:00\",\"dateModified\":\"2025-10-28T00:04:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/\"},\"wordCount\":5053,\"publisher\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#organization\"},\"articleSection\":[\"People\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/\",\"url\":\"https:\/\/english.saigonbiz.com\/vn\/five-star-bancorp-announces-third-quarter-2025-results\/\",\"name\":\"Five Star Bancorp Announces Third Quarter 2025 Results - 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