{"schema_version":"secwatch.filing_event.v1","accession":"0001473844-22-000017","form_type":"8-K","ticker":"STEL","cik":"0001473844","company_name":"Stellar Bancorp, Inc.","filed_at":"2022-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.773931+00:00","generated_at":"2026-06-21T03:16:10.188251+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Stellar Bancorp enters $75M revolving credit facility with Frost Bank, maturing Dec 2024","bullets":["$75 million revolving line of credit with Frost Bank; no balance drawn at closing.","Interest at WSJ prime rate with 3.50% floor; quarterly interest payments.","Principal and unpaid interest due December 13, 2024; prepayable without penalty.","Secured by pledge of 100% of Allegiance Bank capital stock.","Proceeds for stock repurchases, acquisitions, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001473844-22-000017","json":"https://secwatch.observer/filing/0001473844-22-000017.json","markdown":"https://secwatch.observer/filing/0001473844-22-000017.md","text":"https://secwatch.observer/filing/0001473844-22-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473844/000147384422000017/0001473844-22-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473844/000147384422000017/stel-20221213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T03:16:10.188251+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d003dab971b68e8ef6510cabd9f506aeadaf508","claim":"Stellar Bancorp, Inc. amended revolving credit of $75 million with Frost Bank at prime rate quoted by The Wall Street Journal with a floor rate of 3.50% maturing December 13, 2024.","evidence_excerpt":"restates in its entirety the Company's Second Amended and Restated Loan Agreement, dated as of December 13, 2019, as amended and modified. The Amended Agreement provides for a $75 million revolving line of credit (the “Line of Credit”). Interest will accrue on outstanding borrowings under the Line of Credit at a per annum rate equal to the prime rate quoted by The","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473844/000147384422000017/0001473844-22-000017-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$75 million"},{"label":"Counterparty","value":"Frost Bank"},{"label":"Rate","value":"prime rate quoted by The Wall Street Journal with a floor rate of 3.50%"},{"label":"Maturity","value":"December 13, 2024"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"0c33b9de45e33233d2754592c50b73fea925e4e8","claim":"Stellar Bancorp, Inc. amended Third Amended and Restated Loan Agreement with Frost Bank valued at $75 million (effective 2022-12-13).","evidence_excerpt":"On December 13, 2022, Stellar Bancorp, Inc. (the “Company”) entered into a Third Amended and Restated Loan Agreement (the “Amended Agreement”) with Frost Bank, as lender, and the Company as borrower.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473844/000147384422000017/0001473844-22-000017-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Frost Bank"},{"label":"Value","value":"$75 million"},{"label":"Effective","value":"2022-12-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}