Stellar Bancorp(US:STEL)2025-04-25 20:50Financial Performance - Net income for Q1 2025 was $24.7 million, resulting in diluted earnings per share of $0.46[22] - The tax equivalent net interest margin for Q1 2025 was 4.20%[13, 22] - Excluding purchase accounting adjustments (PAA), the net interest margin was 3.97% for Q1 2025[13, 22] - The total capital ratio (to risk-weighted assets) was 15.94% as of March 31, 2025[9, 13, 22] - Tangible book value per share increased to $19.69 as of March 31, 2025[19, 22] Balance Sheet - Total assets were $10.43 billion as of March 31, 2025[9] - Total loans amounted to $7.28 billion as of March 31, 2025[9, 30] - Total deposits reached $8.56 billion as of March 31, 2025[9, 26] - Noninterest-bearing deposits constituted 37.4% of total deposits as of March 31, 2025[9, 13, 24] Loan Portfolio - Commercial and Industrial (C&I) loans totaled $1.36 billion in Q1 2025[30] - Total Commercial Real Estate loans were $3.85 billion in Q1 2025[30] - 1-4 Family Residential loans amounted to $1.13 billion in Q1 2025[30] Houston Market - Stellar has $8.6 billion in deposits in the Houston region[15, 50] - Stellar ranked 6th in deposit market share for the Houston region[13]