| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Loans, including fees | 122,557 | 121,814 | 120,640 | 132,372 |
| Taxable | 16,278 | 15,293 | 16,148 | 13,898 |
| Tax-exempt | 808 | 810 | 812 | 814 |
| Deposits in other financial institutions | 5,770 | 4,782 | 4,720 | 4,692 |
| Total interest income | 145,413 | 142,699 | 142,320 | 151,776 |
| Demand, money market and savings deposits | 32,376 | 31,097 | 27,574 | 29,440 |
| Certificates and other time deposits | 10,920 | 11,459 | 13,527 | 18,073 |
| Borrowed funds | 56 | 407 | 517 | 840 |
| Subordinated debt | 1,417 | 1,401 | 1,444 | 1,916 |
| Total interest expense | 44,769 | 44,364 | 43,062 | 50,269 |
| Net interest income | 100,644 | 98,335 | 99,258 | 101,507 |
| Provision for (reversal of) credit losses | 305 | 1,090 | 3,632 | -5,985 |
| Net interest income after provision for credit losses | 100,339 | 97,245 | 95,626 | 107,492 |
| Service charges on deposit accounts | 1,545 | 1,561 | 1,584 | 1,594 |
| (loss) gain on sale/write-down of assets | -491 | -57 | 417 | 432 |
| Bank-owned life insurance income | 632 | 618 | 610 | 614 |
| Debit card and interchange income | 572 | 566 | 520 | 551 |
| Other | 2,728 | 3,103 | 2,374 | 3,111 |
| Total noninterest income | 4,986 | 5,791 | 5,505 | 6,302 |
| Salaries and employee benefits | 43,175 | 40,927 | 41,792 | 41,123 |
| Net occupancy and equipment | 4,518 | 4,399 | 3,926 | 4,570 |
| Depreciation | 2,015 | 1,992 | 1,995 | 1,911 |
| Data processing and software amortization | 5,882 | 5,620 | 5,682 | 5,706 |
| Professional fees | 1,601 | 1,287 | 1,786 | 1,714 |
| Regulatory assessments and fdic insurance | 1,688 | 1,561 | 1,733 | 1,779 |
| Amortization of intangibles | 5,554 | 5,548 | 5,548 | 6,212 |
| Communications | 855 | 861 | 847 | 827 |
| Advertising | 1,425 | 1,167 | 782 | 878 |
| Other | 6,429 | 6,642 | 6,075 | 6,346 |
| Total noninterest expense | 73,142 | 70,004 | 70,166 | 71,066 |
| Income before income taxes | 32,183 | 33,032 | 30,965 | 42,728 |
| Provision for income taxes | 6,513 | 6,680 | 6,263 | 8,837 |
| Net income | 25,670 | 26,352 | 24,702 | 33,891 |
| Basic (in dollars per share) | 0.5 | 0.51 | 0.46 | 0.63 |
| Diluted (in dollars per share) | 0.5 | 0.51 | 0.46 | 0.63 |
| Total (in shares) | 51,356,000 | 51,569,000 | 53,197,000 | 53,580,000 |
| Weighted average shares outstanding (in shares) | 51,283,000 | 51,529,000 | 53,146,000 | 53,541,000 |
Stellar Bancorp, Inc. (STEL)
Stellar Bancorp, Inc. (STEL)