Stellar Bancorp(STEL) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Net income for Q2 2025 was $264 million, resulting in diluted earnings per share of $051[22] - The tax equivalent net interest margin was 418% for Q2 2025, compared to 420% in Q1 2025[22] - Excluding purchase accounting adjustments (PAA), the net interest margin was 395% in Q2 2025, down from 397% in Q1 2025[22] - The total capital ratio increased to 1598% as of June 30, 2025[22] - Tangible book value per share increased to $1994 at June 30, 2025, from $1969 at March 31, 2025[22] Balance Sheet - Total assets reached $1049 billion as of June 30, 2025[9] - Total loans amounted to $7287 billion as of June 30, 2025[9] - Total deposits were $8674 billion as of June 30, 2025[9] - Noninterest-bearing deposits constituted 3671% of total deposits as of June 30, 2025[9, 13] Loan Portfolio - Total loans reached $7287347 thousand in Q2 2025, slightly up from $7283133 thousand in Q1 2025[32] - Commercial Real Estate (CRE) loans, including multifamily, comprised $3840981 thousand of the total loan portfolio in Q2 2025[32]