Five Star Bank

What Five Star Bank does

Five Star Bank, founded in 1999 and headquartered in Rancho Cordova, California, is a publicly traded community business bank (Nasdaq: FSBC; IPO 2021) operating through holding company Five Star Bancorp with over $5 billion in total assets. The bank operates 9 full-service branches across California with active expansion into San Francisco, Walnut Creek, Southern California (Newport Beach / Greater Los Angeles), and Central Valley (Lodi, opening July 2026), plus non-depository administrative offices supporting business development. It serves middle-market businesses, entrepreneurs, government entities, nonprofits, healthcare organizations, and agricultural enterprises through 12 specialized industry verticals including Commercial Real Estate & Construction, Food/Agribusiness & Diversified Industries, Government Banking, Healthcare, Non-Profit, Venture Banking, SBA, Faith Community, and Practice Banking. Customer logos span SMB (Cattlemen's Livestock Market, Elk Grove Milling, Point Reyes Farmstead Cheese) and enterprise/nonprofit segments (Dignity Health Mercy Medical Group, Sacramento Food Bank, United Way California Capital Region).

The bank's core technology stack centers on the Jack Henry (Banno) digital banking platform powering online and mobile banking for iOS and Android, supplemented by electronic banking/treasury management services (receivables, payables, liquidity management, fraud prevention), FedNow and RTP real-time payment rails, MyCard Rules debit card controls, and Positive Pay fraud prevention. It does not develop proprietary core banking or AI systems; differentiation is built on top of standard infrastructure through relationship-based service and specialized industry expertise.

Five Star Bank's revenue model is primarily Net Interest Income — the spread between lending rates on commercial, real estate, agribusiness, and consumer loans versus deposit costs — supplemented by Non-Interest Income from treasury management fees, wire transfers, deposit service charges, and loan origination/servicing fees. The bank distributes through direct relationship banking with dedicated business development officers and relationship managers (no phone trees), supported by community-led GTM through 30+ Chamber of Commerce memberships. Pricing is relationship-based and not publicly disclosed. Q1 2026 results showed revenue of $45.1M, net income of $18.6M (+42% YoY), NIM expansion to 3.70%, and 36+ consecutive quarters of profitability, with the bank recognized by S&P Global as a Top 3 Best-Performing Community Bank nationally.

Name

Five Star Bank

Legal name

Five Star Bank

Website

https://fivestarbank.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

251–500 employees

Short description

Five Star Bank is a publicly traded California community bank ($5B+ assets, Nasdaq: FSBC) serving middle-market businesses, government entities, nonprofits, and agribusiness through 12 specialized lending verticals across 9 branches statewide, generating revenue primarily via net interest income.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), Commercial Banks, Nec (6029)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

• Community banking services
• Commercial lending
• Treasury management solutions
• Agribusiness banking
• SBA lending programs

Headquarters

HQ city

Rancho Cordova

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from loans (commercial real estate, agribusiness, business loans, consumer loans) minus interest paid on deposits. Primary revenue driver representing the spread between lending rates and deposit costs. Q1 2026 showed strong loan growth of $138.5 million at 14% annualized pace.
2. Non-Interest Income: Fee income from deposit services, electronic banking/treasury management services, wire transfers, and other banking service charges
3. Loan Servicing Fees: Fees from loan origination, servicing, and related banking services across specialized lending verticals

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Five Star Bank provides relationship-based community banking services including business banking accounts, treasury management solutions (receivables, payables, liquidity, fraud prevention), specialized lending across 12 industry verticals (commercial real estate, agribusiness, government, healthcare, nonprofit, faith community, SBA, venture banking, and more), and personal banking with consumer loans and digital banking. The bank serves middle-market businesses, entrepreneurs, government entities, and consumers across California through 9 branches, non-depository administrative offices, and digital channels.

Product overview

Five Star Bank is a community business bank offering a comprehensive suite of banking products and services. The bank operates on a relationship-based banking model providing Business Banking (accounts, electronic banking, mobile banking, credit/debit cards), Treasury Solutions (receivables, payables, liquidity management, fraud prevention), Specialized Lending across multiple industry verticals (including Food Agribusiness, Venture Banking, Government, Healthcare, Commercial Real Estate, SBA, and more), and Personal Banking. The bank is built on a platform providing direct access to bankers with no phone trees, offering personalized service to entrepreneurs, businesses, and commercial clients throughout California.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Banking Complete business banking services including business bank accounts, electronic banking, mobile banking solutions, business credit cards, and business debit cards, designed for entrepreneurs and business owners across California.
• Treasury Solutions

Quantifiable outcome

• 36+ consecutive quarters of profitability
• +4 more outcomes

Named customers16 records

Segments11 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Merritt Community Capital CorporationcoreStrategic or Co-development Partner · 9 April 2026Collaborative partner in Marvel in the Mission $10 million Low Income Housing Tax Credit investment project for 136-unit permanent supportive housing in San Francisco's Mission District
• Mission HousingcoreStrategic or Co-development Partner · 9 April 2026Partner in affordable housing development project serving San Francisco's Mission District community
• MEDAcoreStrategic or Co-development Partner · 9 April 2026Partner in Marvel in the Mission affordable housing project supporting revitalization efforts
• Western Alliance BankminorStrategic or Co-development Partner · 9 April 2026Collaborative partner in affordable housing LIHTC investment project
• Performing Arts in Rochester (PAIR)minorStrategic or Co-development Partner · 20 November 2025Partnership to present multiple performances at The Theater at Innovation Square starting in 2026, supporting Rochester's performing arts community
• Atmos FinancialminorChannel Partner/ Reseller/ DistributorFintech partner where Atmos Financial offers climate-positive savings accounts through Five Star Bank, with FDIC insurance coverage up to $250,000 provided by Five Star Bank
• TMC FinancingminorStrategic or Co-development PartnerDJ Kurtze serves as Chair of Board of Directors for one of the nation's largest SBA Certified Development Companies
• Breathe California Sacramento RegionminorStrategic or Co-development PartnerOver a decade of partnership supporting lung health and clean air initiatives in Sacramento region
• California Asian Pacific Chamber of Commerce FoundationminorStrategic or Co-development PartnerPartnership supporting diverse small businesses through education and improved access to capital programs
• Cristo Rey High School SacramentominorStrategic or Co-development PartnerSupporting students from low-to-moderate income communities with corporate work study program; over 98% of students accepted to colleges
• Sacramento State UniversityminorStrategic or Co-development PartnerBusiness Honors Cohort sponsorship with executive guest lecturers; leadership programming for students
• University of the PacificminorStrategic or Co-development PartnerSponsorship and career development partnership supporting Eberhardt Career Management Center
• Sacramento Hispanic Chamber of CommerceminorStrategic or Co-development PartnerPrograms providing resources to minority-owned businesses including access to government initiatives, capital, and business coaching
• Sacramento Asian Chamber of CommerceminorStrategic or Co-development PartnerPrograms supporting minority-owned businesses with access to state and federal government initiatives, capital resources, and business coaching
• Jack Henry (Banno)coreTechnology or IntegrationDigital banking platform provider powering Five Star Bank's online and mobile banking services

Scale indicators14 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Pacific Premier Bancorp: Pacific Premier Bancorp (NASDAQ: PPBI) is a California-headquartered community bank focused on commercial banking, treasury management, and specialty lending verticals. Larger than Five Star but a closely comparable business model and customer base.
• Heritage Commerce Corp: Heritage Commerce Corp (NASDAQ: HTBK) operates Heritage Bank of Commerce, a California community bank with a focus on business banking, SBA lending, and commercial real estate. Similar asset size, similar California focus, and a related vertical mix including SBA.
• CVB Financial: CVB Financial (NASDAQ: CVBF) operates Citizens Business Bank, a California community bank with a strong middle-market and specialized commercial lending franchise. Comparable in asset size, product mix, and California focus.
• Westamerica Bancorporation: Westamerica Bancorporation (NASDAQ: WABC) is a California-focused community bank with a diversified branch network and traditional commercial/consumer banking model. Comparable in California-centric strategy and community-bank approach, though more mature/slower growth.
• Bank of Marin Bancorp: Bank of Marin Bancorp (NASDAQ: BMRC) is a Northern California community bank with a relationship-based model, strong business banking franchise, and similar size. Highly comparable in geography, target market, and community-bank positioning.
• TriCo Bancshares: TriCo Bancshares (NASDAQ: TCBK) operates Tri Counties Bank, a California-focused community bank of similar asset size with a relationship-based model and commercial/specialty lending focus. Most directly comparable peer in terms of geography, size, and business mix.
• Sierra Bancorp: Sierra Bancorp (NASDAQ: BSRR) operates Bank of the Sierra, a California community bank serving the Central Valley and surrounding markets with commercial, agribusiness, and consumer banking. Closely comparable California geographic footprint and agribusiness exposure.
• Central Valley Community Bancorp: Central Valley Community Bancorp (NASDAQ: CVCY) operates Central Valley Community Bank, a California community bank focused on commercial, agribusiness, and SBA lending in the Central Valley. Highly relevant given Five Star's planned Lodi/Central Valley entry and agribusiness vertical.

Regional players

• River City Bank: River City Bank is a Sacramento-headquartered private commercial bank serving businesses in Northern California, comparable in size and Sacramento-area presence to Five Star. Brett Wait, Five Star's CIO, joined from River City Bank.
• Pacific Coast Bankers' Bank (or comparable California community banking association): Pacific Coast Bankers' Bank and similar California-based community banking peers serve overlapping middle-market and specialized lending niches. Selected as a comparable California regional/community bank for size and target market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fivestarbank
• YouTubeyoutube.com/user/fivestarbank/videos
• Facebookfacebook.com/fivestarbank
• LinkedInlinkedin.com/company/five-star-bank---california
• Instagraminstagram.com/fivestarbank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Five Star Bank