Stellar Bancorp, Inc. (STEL)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Service charges on deposit accounts | 1,561 | 1,584 | 1,594 | 1,648 |
| Other | 3,103 | 2,374 | 3,111 | 2,698 |
| (loss) gain on sale of assets | -57 | 417 | 432 | -64 |
| Bank-owned life insurance income | 618 | 610 | 614 | 591 |
| Debit card and interchange income | 566 | 520 | 551 | 543 |
| Total noninterest income | 5,791 | 5,505 | 6,302 | 5,416 |
| Acquisition and merger-related expenses | - | - | - | - |
| Professional fees | 1,287 | 1,786 | 1,714 | 1,620 |
| Other | 6,642 | 6,075 | 6,346 | 8,331 |
| Net occupancy and equipment | 4,399 | 3,926 | 4,570 | 4,503 |
| Advertising | 1,167 | 782 | 878 | 891 |
| Salaries and employee benefits | 40,927 | 41,792 | 41,123 | 39,061 |
| Data processing and software amortization | 5,620 | 5,682 | 5,706 | 5,501 |
| Depreciation | 1,992 | 1,995 | 1,911 | 1,948 |
| Communications | 861 | 847 | 827 | 847 |
| Amortization of intangibles | 5,548 | 5,548 | 6,212 | 6,215 |
| Regulatory assessments and fdic insurance | 1,561 | 1,733 | 1,779 | 2,299 |
| Total noninterest expense | 70,004 | 70,166 | 71,066 | 71,216 |
| Total interest expense | - | - | - | 50,769 |
| Certificates and other time deposits | 11,459 | 13,527 | 18,073 | 18,758 |
| Demand, money market and savings deposits | 31,097 | 27,574 | 29,440 | 28,399 |
| Borrowed funds | 407 | 517 | 840 | 1,700 |
| Subordinated debt | 1,401 | 1,444 | 1,916 | 1,912 |
| Total interest expense | 44,364 | 43,062 | 50,269 | - |
| Tax-exempt | 810 | 812 | 814 | 816 |
| Taxable | 15,293 | 16,148 | 13,898 | 11,923 |
| Deposits in other financial institutions | 4,782 | 4,720 | 4,692 | 3,555 |
| Loans, including fees | 121,814 | 120,640 | 132,372 | 135,885 |
| Total interest income | 142,699 | 142,320 | 151,776 | 152,179 |
| Net interest income | 98,335 | 99,258 | 101,507 | 101,410 |
| Provision for (reversal of) credit losses | 1,090 | 3,632 | -5,985 | -1,935 |
| Net interest income after provision for credit losses | 97,245 | 95,626 | 107,492 | 103,345 |
| Income before income taxes | 33,032 | 30,965 | 42,728 | 37,545 |
| Provision for income taxes | 6,680 | 6,263 | 8,837 | 7,792 |
| Net income | 26,352 | 24,702 | 33,891 | 29,753 |
| Basic (in dollars per share) | 0.51 | 0.46 | 0.63 | 0.56 |
| Diluted (in dollars per share) | 0.51 | 0.46 | 0.63 | 0.56 |
| Total (in shares) | 51,569,000 | 53,197,000 | 53,580,000 | 53,608,000 |
| Weighted average shares outstanding (in shares) | 51,529,000 | 53,146,000 | 53,541,000 | 53,572,000 |