STEL · As filed with the SEC

Stellar Bancorp cash flow statement, by quarter

The statement as Stellar Bancorp presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands

USD thousands	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	26,966	26,148^†	25,670^†	26,352^†
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and intangibles amortization	6,857	6,986^†	7,569^†	7,540^†
Net accretion of discount on loans	(3,561)	0^†	(4,800)^†	(5,344)^†
Net accretion of discount on securities	(2,769)	(766)^†	(651)^†	(347)^†
Provision for credit losses	2,497	5,131^†	305^†	1,090^†
Deferred income tax expense	889	(1,755)^†	(764)^†	(230)^†
Stock-based compensation expense	1,956	2,021^†	2,605^†	2,559^†
Net change in operating leases	1,105	876^†	865^†	902^†
Bank-owned life insurance income	(626)	(1,026)^†	(632)^†	(618)^†
Federal Home Loan Bank stock dividends	—	—	—	(138)^†
Federal Reserve Bank and Federal Home Loan Bank stock dividends	(73)	988^†	—	—
Loss (gain) on sale/write-down of assets	37	171^†	491^†	57^†
Excess tax benefit from stock-based compensation	(480)	(205)^†	(396)^†	169^†
Decrease in accrued interest receivable and other assets	(4,941)	(13,878)^†	24,888^†	(8,456)^†
Decrease in accrued interest payable and other liabilities	(11,349)	(11,393)^†	9,784^†	2,221^†
Net cash provided by (used in) operating activities	16,508	13,298^†	63,628^†	25,757^†
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of available for sale securities	(1,237,330)	(1,520,424)^†	(1,775,782)^†	(1,579,970)^†
Proceeds from maturities and principal paydowns of available for sale securities	1,553,525	1,160,616^†	1,694,822^†	1,546,679^†
Proceeds from sales and calls of available for sale securities	0	10,600^†	10,904^†	12,496^†
Net change in total loans	(287,409)	(129,194)^†	93,064^†	5,143^†
Purchase of bank premises and equipment	(268)	(1,272)^†	(1,145)^†	(1,211)^†
Proceeds from sale of bank premises, equipment and other real estate	3,310	937^†	1,163^†	1,147^†
Net purchase of Federal Reserve Bank and Federal Home Loan Bank stock	0	0^†	1,885^†	(26,059)^†
Net cash provided by investing activities	31,828	(478,737)^†	24,911^†	(41,775)^†
CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in noninterest-bearing deposits	(197,287)	196,917^†	27,255^†	(21,926)^†
Net increase (decrease) in interest-bearing deposits	157,830	7,086^†	116,594^†	132,827^†
Net change in borrowed funds	135,000	0^†	(70,000)^†	(50,000)^†
Dividends paid to common shareholders	(7,779)	(7,649)^†	(7,169)^†	(7,208)^†
Payments made the issuance of restricted stock and stock option exercises	(1,810)	—	124^†	496^†
Repurchase of common stock	(4,173)	(9,110)^†	(4,998)^†	(20,642)^†
Net cash provided by (used) in financing activities	81,781	156,443^†	61,806^†	33,547^†
NET CHANGE IN CASH AND CASH EQUIVALENTS	130,117	(308,996)^†	150,345^†	17,529^†
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	419,453	728,449	578,104	560,575
CASH AND CASH EQUIVALENTS, END OF PERIOD	549,570	419,453	728,449	578,104
Income taxes paid	—	—	7,200^†	11,300^†
Interest paid	—	—	42,947^†	46,613^†
Cash paid for operating lease liabilities	—	—	1,079^†	1,025^†
Loans transferred to other real estate	—	—	1,893^†	4,219^†

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.