SAN FRANCISCO – The impact of the daylight robbery attempt and shooting of San Francisco 49ers rookie wide receiver Ricky Pearsall continues to reverberate throughout the city.

Mayor London Breed acknowledged that it is another high-profile incident for a city that is attempting to change perceptions about out-of-control crime.

She said that as shocking as the incident was, her recent push to support law enforcement played a role in the quick capture of the 17-year-old suspect from Tracy. The mayor pointed to recent data showing crime trending downward.

“But, I want to say, because everyone says it: when something happens to you, all that number stuff goes out the door,” said Breed. “I totally understand that. But, we are not letting up, and the fact is, what we put in place worked, and it sends a strong message that if you come to San Francisco and commit these crimes you will be arrested.”

Former Mayor Mark Farrell, who hopes to unseat Breed, described the shooting as yet another high-profile black eye for San Francisco. He said it’s a sign that new leadership with an eye on public safety is needed.

“She defunded the police department three years ago,” said Farrell. “Stripped $120 million out of our police department budget. Has mismanaged our police department, where now overtime is getting capped and cut and is now blocking reform of our police commission that is making it harder for police officers to do their work on the streets of San Francisco. I’m running for mayor because I’m going to change that.”

Daniel Lurie said the shooting is a clear indication that previous city leaders have failed. He plans to expand police staffing so that residents and visitors feel safe.

“In order for us to be able to draw conventions back, to draw tourism back, and to build our brand again globally, we have a lot of work to do and the people I’m running against have created this perception, this sense of disorder,” said Lurie.

District 11 Supervisor Ahsha Safaí lauded the swift action of the officers on the scene. He noted that’s why he has advocated for creative ways to increase police staffing, adding that recent data showing that crime is down does not make anyone feel safer after a high-profile incident like this.

“They want to hear ‘What are you going to do about the problem? How are you going to solve it?’” said Safai. “So, my solution is to get them out of their cars on the street. We have the overtime to pay for it, and secondly, to get those numbers back up, let’s give incentives like student loan forgiveness to make them want to work in San Francisco.”

Board of Supervisors President Aaron Peskin, also running for mayor, told KTVU in a statement that read in part, “Turning this into a political football doesn’t make San Francisco safer or represent who we are as a city… I’m representing by focusing on real public safety solutions: retaining 50 experienced officers at less cost than overtime via Prop F and legislating my College to Community Policing recruitment plan with forgivable loans.” 

San Francisco general manager John Lynch described wide receiver Ricky Pearsall’s recovery after being shot and emerging from the shooting in such good condition as “miraculous.”

“It’s miraculous he’s doing as well as he is,” Lynch told reporters during a press conference on Tuesday. “He’s doing remarkably, so much better today than he was yesterday. Really, really miraculous. … I mean, it’s pretty remarkable.”

Pearsall was shot in chest during a robbery attempt in Union Square, a commercial area in San Francisco, on Saturday. Pearsall’s mother posted on social media that the bullet entered Pearsall’s chest and exited cleanly through his back and missed vital organs, bones, and anything that might cause nerve damage. The gunshot wound did not require surgery and Pearsall was released from the hospital on Sunday morning, less than 24 hours after the shooting.

The 49ers placed Pearsall on the “non-football injury” list on Tuesday. The NFI designation means Pearsall is ineligible to play in at least the first four games of the regular season while recovering from the injury.

Lynch said he expects Pearsall to play in 2024, but the team will be cautious with his recovery.

“Ultimately, we felt the number one thing we had to be concerned with was Ricky’s well-being, physically, emotionally, mentally,” Lynch told reporters. “And ultimately, decided that the best thing for Ricky was to have a little bit time. And he’s going to need that time physically. He’s going to need that time emotionally, mentally. And we made that decision.”

The 49ers used their first-round pick (No. 21) to select Pearsall in the 2024 NFL draft. He’d been slowed in training camp by shoulder and hamstring issues but returned to practice last week and was on track to play in the team’s regular season opener against the New York Jets on Monday night.

Five Star Bank is committed to restoring high-tech, high-touch banking in the San Francisco Bay Area

RANCHO CORDOVA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank, today opened its first full-service office in San Francisco, further demonstrating its commitment to bringing personalized, concierge banking services to the San Francisco Bay Area.

The approximately 4,000-square-foot, full-service office is located at 345 California Street, Suite 2875 in San Francisco’s Financial District and will accommodate a seasoned team of banking professionals who provide a full suite of treasury products and services, usually available only through large national and global banks, to meet client banking needs and help protect them from fraud. On September 25, Five Star Bank will host an invitation-only grand-opening reception to celebrate its new office with clients, city officials, business and community leaders and media.

“This office opening is the capstone of a series of initiatives including hiring 22 Bay Area banking professionals since 2023. We are very pleased to bring our client-focused, concierge banking services to the San Francisco Bay Area. Our full-service office is open for business and we look forward to welcoming clients for in-person discussions to help them achieve their business goals,” said Five Star Bank President and Chief Executive Officer James Beckwith.

“Five Star Bank provides direct access to banking experts in the commercial, nonprofit and venture banking industries, and beyond. There is no substitute for in-person conversations and connectivity, the hallmarks of doing business with Five Star. Five Star’s commitment to the San Francisco Bay Area marks the return of high-tech, high-touch concierge banking and our new San Francisco office serves as a bridge to advancing existing client relationships and developing new relationships as we continue to build our presence and our business in the Bay Area,” said Five Star Bank’s San Francisco Bay Area President DJ Kurtze.

Five Star Bank’s 28^th floor San Francisco office features a spacious, open floor plan with abundant natural light and beautiful views of San Francisco and the San Francisco Bay in all directions. IN:SITE Design Build Associates, Inc., provided the office design and renderings, with general contracting services by GCI Contractors and office furniture from CRI, San Francisco.

Five Star Bank is a highly respected and trusted banking partner that has earned numerous awards and recognition:

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• The 2024 Greater Sacramento Economic Council’s Sustainability Award recognizing Five Star Bank’s support of industry growth in the Greater Sacramento region

• 2023 Raymond James Community Bankers Cup

• 2023 Piper Sandler’s Sm-All Stars

• 2023 Independent Banker Top Commercial Banks with More than $1 billion in assets (ranking number 6 in the nation)

• The S&P Global Market Intelligence 2023 Top 50 Best-Performing Community Banks in the nation, ranking number 20 (banks with assets between $3 billion and $10 billion)

• 2024 Bank Director Magazine (RankingBanking), The Best U.S. Banks with assets less than $5 billion, ranking number 5

About Five Star Bancorp
Five Star Bancorp is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The bank has eight branches in Northern California. For more information visit https://www.fivestarbank.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company’s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as “may”, “could”, “should”, “will”, “would”, “believe”, “anticipate”, “estimate”, “expect”, “aim”, “intend”, “plan” or words or phases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company’s control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company’s control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company’s forward-looking information and statements proves incorrect, then the Company’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company’s forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, in each case under the section entitled “Risk Factors,” and other documents filed by the Company with the Securities and Exchange Commission from time to time.

The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.

Investor Contact:
Heather C. Luck, Chief Financial Officer
Five Star Bancorp
(916) 626-5008
hluck@fivestarbank.com

Media Contact:
Shelley R. Wetton, Chief Marketing Officer
Five Star Bancorp
(916) 284-7827
swetton@fivestarbank.com