Five Star Bancorp, a California bank with seven branches and two loan production offices, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
Five Star Bank is a state-chartered bank that provides a range of banking products and services to SMBs, professional, and individual clients. The company operates in Northern California through its seven branch offices and two loan production offices.
The Rancho Cordova, CA-based company was founded in 1999 and booked $75 million in revenue for the 12 months ended December 31, 2020. It plans to list on the Nasdaq under the symbol FSBC. Five Star Bancorp filed confidentially on February 12, 2021. Keefe Bruyette Woods is the sole bookrunner on the deal. No pricing terms were disclosed.
