{"schema_version":"secwatch.filing_event.v1","accession":"0001473844-24-000013","form_type":"8-K","ticker":"STEL","cik":"0001473844","company_name":"Stellar Bancorp, Inc.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.566787+00:00","generated_at":"2026-06-03T06:23:12.634813+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Stellar Bancorp Q1 net income $26.1M ($0.49 EPS), NIM 4.26%, NPLs rise to 0.53% of assets","bullets":["Net income $26.1M ($0.49 diluted EPS) vs $27.3M ($0.51) in Q4 2023; net interest income $102.1M down 3.6% qoq.","Tax-equivalent net interest margin 4.26% (ex-PAA 3.91% flat qoq); cost of funds 2.06%.","Total loans $7.91B (-$17M qoq), total deposits $8.79B (-$78.8M qoq); uninsured deposits 42.8% of total.","Nonperforming assets $57.1M (0.53% of assets) vs $39.2M (0.37%) at Dec 2023; ACL 1.22% of loans.","Total risk-based capital ratio improved to 14.62% from 14.02%; Tier 1 leverage 10.41%."],"urls":{"canonical":"https://secwatch.observer/filing/0001473844-24-000013","json":"https://secwatch.observer/filing/0001473844-24-000013.json","markdown":"https://secwatch.observer/filing/0001473844-24-000013.md","text":"https://secwatch.observer/filing/0001473844-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473844/000147384424000013/0001473844-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473844/000147384424000013/stel-20240426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:23:12.634813+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":"fe6b5f0426e960ae2fa5cde7d46ba73b6bd18d61","claim":"Stellar Bancorp, Inc. reported the first quarter of 2024 results: revenue $102.1 million, net income $26.1 million, EPS $0.49.","evidence_excerpt":"quarter of 2024 compared to 2.03% for the fourth quarter of 2023. First Quarter 2024 Results Net interest income in the first quarter of 2024 decreased $3.8 million, or 3.6%, to $102.1 million from $105.9 million for the fourth quarter of 2023. The net interest margin on a tax equivalent basis decreased 14 basis points to 4.26% for the first quarter of 2024 from 4.40%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473844/000147384424000013/0001473844-24-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$102.1 million"},{"label":"Net income","value":"$26.1 million"},{"label":"EPS","value":"$0.49"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}