Stellar Bancorp, Inc. (STEL)

Stellar Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	516.22	399.24	371.71	757.51	422.77	346.25
Investment Securities	583.27	609.69	1,085	1,030	517.23	159.04
Trading Asset Securities	4.44	6.71	9.27	-	-	-
Mortgage-Backed Securities	1,108	785.99	722.93	743.65	255.66	213.51
Total Investments	1,696	1,402	1,817	1,774	772.89	372.55
Gross Loans	7,551	7,925	7,755	4,220	4,492	3,915
Allowance for Loan Losses	-84.5	-91.68	-93.18	-47.94	-53.17	-29.44
Net Loans	7,467	7,833	7,662	4,173	4,439	3,886
Property, Plant & Equipment	113.74	118.68	126.8	63.71	70.69	66.79
Goodwill	497.32	497.32	497.26	223.64	223.64	223.64
Other Intangible Assets	98.12	116.71	143.53	14.66	17.95	21.88
Accrued Interest Receivable	39.47	44.24	44.74	33.39	40.05	15.47
Long-Term Deferred Tax Assets	-	52.52	69.5	2.55	-	-
Other Real Estate Owned & Foreclosed	-	-	-	-	9.2	8.34
Other Long-Term Assets	181.98	157.54	153.42	53.83	46.6	45.63
Total Assets	10,630	10,647	10,900	7,105	6,050	4,993
Interest Bearing Deposits	4,868	4,778	4,605	3,097	2,557	1,996
Institutional Deposits	572	548.44	432.9	707.5	726.8	819.95
Non-Interest Bearing Deposits	3,303	3,547	4,230	2,243	1,705	1,252
Total Deposits	8,743	8,873	9,268	6,048	4,988	4,068
Short-Term Borrowings	64.42	6.69	9.26	-	1.25	-
Current Portion of Leases	0.98	4.43	4.63	2.95	3.07	2.87
Accrued Interest Payable	16.92	11.29	2.1	1.75	2.7	4.33
Long-Term Debt	98.72	98.42	109.37	108.85	263.84	183.3
Federal Home Loan Bank Debt, Long-Term	-	50	63.93	89.96	-	-
Long-Term Leases	18.08	16.23	18.5	7.42	8.78	8.61
Trust Preferred Securities	11.34	11.34	-	-	-	-
Other Long-Term Liabilities	50.6	54.25	41.84	29.92	23.34	15.58
Total Liabilities	9,004	9,126	9,517	6,288	5,291	4,283
Common Stock	0.54	0.53	0.53	0.29	20.21	20.52
Additional Paid-In Capital	1,239	1,233	1,223	530.85	508.79	521.07
Retained Earnings	474.91	405.95	303.15	267.09	195.24	163.38
Comprehensive Income & Other	-87.94	-118.09	-143.26	18.24	34.43	4.9
Shareholders' Equity	1,626	1,521	1,383	816.47	758.67	709.87
Total Liabilities & Equity	10,630	10,647	10,900	7,105	6,050	4,993
Total Debt	193.54	187.12	205.69	209.17	276.94	194.78
Net Cash (Debt)	327.12	218.83	175.28	548.34	145.83	151.47
Net Cash Growth	-	24.85%	-68.03%	276.02%	-3.72%	-
Net Cash Per Share	6.12	4.10	5.01	18.99	5.00	7.07
Filing Date Shares Outstanding	53.4	53.3	52.97	20.37	20.17	20.35
Total Common Shares Outstanding	53.45	53.29	52.95	20.34	20.21	20.52
Book Value Per Share	30.43	28.54	26.12	40.15	37.54	34.59
Tangible Book Value	1,031	906.99	742.39	578.17	517.07	464.35
Tangible Book Value Per Share	19.28	17.02	14.02	28.43	25.59	22.62

Source: S&P Capital IQ. Banks template. Financial Sources.