-

KBRA Releases Surveillance Report for Five Star Bancorp

NEW YORK--(BUSINESS WIRE)--On July 26, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Rancho Cordova, CA-based Five Star Bancorp (NASDAQ: FSBC) (“the company”). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for Five Star Bank, the main subsidiary. The Outlook for all long-term ratings is Stable.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA
KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Kevin Kent, Director
+1 301-960-7045 kevin.kent@kbra.com

Brian Ropp, Managing Director
+1 301-969-3244 brian.ropp@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438 joe.scott@kbra.com

Business Development Contact
Justin Fuller, Senior Director
+1 312-680-4163 justin.fuller@kbra.com

Industry:

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI
Release Versions
English
Hashtags
#KBRA
#creditratingagency

Contacts

Kevin Kent, Director
+1 301-960-7045 kevin.kent@kbra.com

Brian Ropp, Managing Director
+1 301-969-3244 brian.ropp@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438 joe.scott@kbra.com

Business Development Contact
Justin Fuller, Senior Director
+1 312-680-4163 justin.fuller@kbra.com

More News From KBRA

KBRA Assigns Preliminary Ratings to ALTDE 2026-1 Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to ALTDE 2026-1 Trust (ALTDE 2026-1), an aviation ABS transaction. ALTDE 2026-1 represents the second issuance serviced by Altavair L.P. and Altavair Limited (together, Altavair, the Company or the Servicers). Altavair was founded in 2003, and through a joint venture with KKR Credit Advisors (US) LLC (KKR) in 2018, has a managed portfolio of approximately $5.3 billion across more than 120 aircraft. KKR funds will retain the equity posi...

KBRA Assigns Preliminary Rating to Canon Music Issuer Trust, Series 2026-1

NEW YORK--(BUSINESS WIRE)--KBRA assigns a preliminary rating to one class of notes that will be issued by Canon Music Issuer Trust, a music royalty ABS securitization. Canon Music Issuer Trust represents Chord Music Partner's first music royalty securitization. The transaction will be collateralized by royalties from a music catalog of premium content from top artists and songwriters, including Suicide Boys, Morgan Wallen, Ryan Tedder, Diplo, and ZZ Top, which are among the largest in the Catal...

KBRA Assigns AAA Rating, Stable Outlook to Buncombe County, NC Series 2026AB GO Bonds, AA+ Rating, Stable Outlook to Series 2026ABC Limited Obligation Bonds

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AAA to the County of Buncombe, NC General Obligation Bonds, Series 2026A, and Taxable General Obligation Bonds, Series 2026B. KBRA also assigns a long-term rating of AA+ to the County of Buncombe, NC Limited Obligation Bonds Series 2026A, Series 2026B, and Taxable Series 2026C. KBRA additionally affirms the long-term ratings of AAA for the County's outstanding General Obligation Bonds and AA+ for the County's outstanding Limited Obli...
Back to Newsroom