{"schema_version":"secwatch.filing_event.v1","accession":"0001473844-24-000046","form_type":"8-K","ticker":"STEL","cik":"0001473844","company_name":"Stellar Bancorp, Inc.","filed_at":"2024-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.536748+00:00","generated_at":"2026-05-29T01:58:21.053254+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stellar Bancorp ups revolving credit line to $75M and redeems $40M subordinated notes","bullets":["New $75M revolving credit line from Frost Bank at 3-month SOFR + 2.75%, maturing Dec 13, 2033.","Interest-only through Dec 13, 2026; then 84-month amortization; $0 drawn as of Dec 13, 2024.","Stellar Bank redeemed all $40M subordinated notes due 2027 at par plus accrued interest; no draw on line.","Financial covenants tightened: max Texas ratio reduced to 20% (from 25%); min Tier 1 leverage raised to 8% (from 7%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001473844-24-000046","json":"https://secwatch.observer/filing/0001473844-24-000046.json","markdown":"https://secwatch.observer/filing/0001473844-24-000046.md","text":"https://secwatch.observer/filing/0001473844-24-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473844/000147384424000046/0001473844-24-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473844/000147384424000046/stel-20241213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T01:58:21.053254+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}