Business Context and Reporting Period
This Form 8-K is a current report filed by FIVE STAR BANCORP on October 5, 2021, regarding events reported on October 6, 2021. The registrant is incorporated in California and its common stock trades on The Nasdaq Stock Market LLC under the symbol FSBC. The company identifies itself as an emerging growth company.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The sole financial disclosure pertains to a dividend declaration.
- Dividend Declaration: $0.15 per share of common stock.
- Record Date: October 12, 2021.
- Payment Date: Expected October 19, 2021.
Material Changes
The filing reports the Board of Directors' declaration of a quarterly cash dividend. No other material changes to operations, financial condition, or corporate structure are disclosed in this specific document.
Guidance, Outlook, and Risks
The filing includes standard forward-looking statements regarding future events, business plans, and expected operating results. Management cautions that actual results may differ materially due to known and unknown risks and uncertainties. Specific risk factors are referenced in the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2021. No specific guidance or outlook figures are provided in this text.
Investor Verification Checklist
- Verify the dividend payment date of October 19, 2021, and ensure shares are held by the record date of October 12, 2021.
- Review the attached Press Release (Exhibit 99.1) for additional context on the dividend declaration.
- Consult the Form 10-Q for the quarter ended June 30, 2021, for detailed risk factors and comprehensive financial performance data not included in this 8-K.