For the quarter ending 2025-09-30, STLE has $1,253,576K in assets. $1,138,676K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 7,215 | 7,224 | ||
| Interest-bearing demand deposits | 41,776 | 4,681 | ||
| Federal funds sold | 5,027 | 9,111 | ||
| Total cash and cash equivalents | 54,018 | 21,016 | ||
| Interest-bearing time deposits | 7,654 | 8,646 | ||
| Debt securities available-for-sale, at fair value | 223,633 | 107,137 | ||
| Marketable equity securities, at fair value | 518 | 265 | ||
| Restricted investments in bank stock, at cost | 2,780 | 2,533 | ||
| Loans | 900,610 | 467,613 | ||
| Allowance for credit losses | 9,512 | 4,636 | ||
| Net loans | 891,098 | 462,977 | ||
| Premises and equipment, net | 18,110 | 7,989 | ||
| Accrued interest receivable | 3,984 | 1,903 | ||
| Core deposit intangible, net | 14,218 | - | ||
| Bank owned life insurance | 28,070 | 13,092 | ||
| Other real estate owned | - | 78 | ||
| Net deferred tax asset | 4,570 | 2,068 | ||
| Other assets | 4,923 | 1,535 | ||
| Total assets | 1,253,576 | 629,239 | ||
| Noninterest-bearing deposits | 214,926 | 81,741 | ||
| Interest-bearing deposits-Federal Reserve Bank Advances | 891,004 | 432,867 | ||
| Total deposits | 1,105,930 | 514,608 | ||
| Repurchase agreements | 1,414 | 1,242 | ||
| Federal home loan bank advances | 8,000 | 47,085 | ||
| Subordinated debt, at fair value | 9,808 | - | ||
| Accrued interest payable | 2,051 | 1,951 | ||
| Other liabilities | 11,473 | 5,287 | ||
| Total liabilities | 1,138,676 | 570,173 | ||
| Redeemable common stock held by employee stock ownership plan | 4,162 | 1,950 | ||
| Common stock, par value 1.00 per share authorized 5,000,000 shares issued 3,706,725 (2025) and 2,160,000 (2024) shares outstanding 3,405,061 and 1,858,536 shares as of september 30, 2025 and december 31, 2024, respectively | 3,707 | 2,160 | ||
| Capital surplus | 40,595 | 1,899 | ||
| Retained earnings | 79,941 | 66,264 | ||
| Accumulated other comprehensive loss | -1,187 | -3,526 | ||
| Unearned esop shares | 425 | - | ||
| Treasury stock, at cost 2025 301,664 shares 2024 301,464 shares | 7,731 | 7,731 | ||
| Total stockholders' equity | 114,900 | 59,066 | ||
| Less maximum cash obligation to esop shares | -4,162 | -1,950 | ||
| Total stockholders equity less maximum cash obligations related to esop shares | 110,738 | 57,116 | ||
| Total liabilities and stockholders' equity | 1,253,576 | 629,239 | ||
STEELE BANCORP INC (STLE)
STEELE BANCORP INC (STLE)