Five Star Bancorp FSBC Equity Method Investments

Equity investments: The Company is a limited partner and has committed to and is invested in a limited number of venture-backed capital funds and accounts for these investments under the equity method of accounting, as its ownership is greater than 3% of each fund. The Company held $15.2 million and $12.1 million of equity investments at June 30, 2026 and December 31, 2025, respectively, included in “Interest receivable and other assets” in the unaudited consolidated balance sheets. The Company’s share of earnings and losses from these investments is included in “Other non-interest income” in the consolidated statements of income. The Company’s share of net losses from these investments was $0.3 million for the six months ended June 30, 2026. The Company’s share of net earnings from these investments was $0.4 million for the six months ended June 30, 2025. No individual investment is material to the Company’s consolidated financial statements. Based on management’s analysis of each fund’s financial condition and certain qualitative factors, management determined that the equity investments were not impaired at June 30, 2026 and 2025.