Five Star Bank has added four experienced bankers to its Palo Alto team to support its expansion in the San Francisco Bay Area. The new hires, who join from Flagstar Private Bank and First Republic Bank, bring deep client relationships and local market knowledge to the bank. Palo Alto is a global hub for technology, venture capital, and entrepreneurship, attracting $92 billion in venture capital last year, according to Joint Venture Silicon Valley’s 2026 Silicon Valley Index.

The strategic recruitment aims to leverage the team's expertise to serve entrepreneurs, venture and fund managers, real estate operators, and their advisors. DJ Kurtze, Executive Vice President and San Francisco Bay Area Region President, emphasized the team's ability to deliver immediate value through high-touch, concierge service.

Key Hires

Derrick Yee brings 20 years of experience in private banking and wealth management, having served entrepreneurs, venture-backed startups, and VC firms. Andrew Liou, with over 15 years of private banking experience, also has a background as a small business owner. Andrew Holtz has more than 20 years of banking experience, focusing on client acquisition and relationship management for emerging funds and technology startups. Jonathan Tombo specializes in customized banking, treasury, and cash management solutions for private equity, VC, and startup ecosystems.

James Beckwith, President and CEO of Five Star Bank, highlighted the team's deep understanding of the Palo Alto business community. The Palo Alto expansion follows recent growth in Lodi, Southern California, and Walnut Creek, solidifying Five Star Bank's footprint across California. The bank now operates ten branches in the state, including the newly opened Lodi branch in July 2026.

Five Star Bancorp expects to report its financial results for the quarter ended June 30, 2026, after the stock market closes on Wednesday, July 22, 2026. The announcement provides investors with a specific timeline to assess the bank holding company's performance for the second quarter of the fiscal year.

Management will host a live webcast for analysts and investors to review the financial information at 1:00 PM ET (10:00 AM PT) on July 23, 2026. This session allows stakeholders to gain direct insights into the company's operational results and strategic outlook directly from leadership.

The live webcast will be accessible from the "News & Events" section of the Company’s website under "Events" at https://investors.fivestarbank.com/news-events/events . Participants are encouraged to pre-register for the event using the provided link. Following the live broadcast, the webcast will be archived on the Company’s website for a period of 90 days for those unable to attend the live session.

Five Star Bancorp is a bank holding company headquartered in Rancho Cordova, California. It operates through its wholly owned banking subsidiary, Five Star Bank, which serves the region with nine branches in Northern California.

Key Event Details

Investor inquiries can be directed to Heather C. Luck, Chief Financial Officer, while media contact is Shelley R. Wetton, Chief Marketing Officer.