# FIVE STAR BANCORP (FSBC) — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_52167babbafa4a4d4f3e · retrieved 2026-08-11T15:50:51.187Z

## Overview
Five Star Bancorp is a bank holding company headquartered in Rancho Cordova, California, that operates through its wholly owned banking subsidiary, Five Star Bank, which operates ten branches in California.

Five Star Bancorp, a California bank holding company operating through its subsidiary Five Star Bank, entered into an underwriting agreement with Keefe, Bruyette & Woods, Inc. (as representative) and other underwriters on July 22, 2026, to issue and sell 2,725,000 shares of common stock at a public offering price of $44.00 per share. The underwriters received a 30-day option to purchase up to an additional 408,750 shares at the same price less underwriting discounts and commissions. After deducting underwriting discounts, commissions, and estimated offering expenses, the Company expects net proceeds of approximately $112.9 million. The offering is expected to close on or about July 24, 2026, subject to customary closing conditions. The Company intends to use the net proceeds for general corporate purposes and to support continued growth, including investments in the Bank to pursue growth opportunities and for working capital.

## Terms
- Counterparty: Keefe, Bruyette & Woods, Inc. (as representative of the underwriters) · Consideration: cash · Price/share: $44

## Key dates
- Announced 2026-07-23 · Expected close 2026-07-24

## Timeline
- 2026-07-23 · 8-K (0001552781-26-000394): 8-K - FIVE STAR BANCORP — *Five Star Bancorp is a bank holding company headquartered in Rancho Cordova, California, that operates through its wholly owned banking subsidiary, Five Star Bank, which operates ten branches in California.* Five Star Bancorp, a California bank holding company operating through its subsidiary Five Star Bank, entered into an underwriting agreement with Keefe, Bruyette & Woods, Inc. (as representative) and other underwriters on July 22, 2026, to issue and sell 2,725,000 shares of common stock at a public offering price of $44.00 per share. The underwriters received a 30-day option to purchase up to an additional 408,750 shares at the same price less underwriting discounts and commissions. After deducting underwriting discounts, commissions, and estimated offering expenses, the Company expects net proceeds of approximately $112.9 million. The offering is expected to close on or about July 24, 2026, subject to customary closing conditions. The Company intends to use the net proceeds for general corporate purposes and to support continued growth, including investments in the Bank to pursue growth opportunities and for working capital.
  https://www.sec.gov/Archives/edgar/data/1275168/0001552781-26-000394.txt

## Citations
- 0001552781-26-000394 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000155278126000394
