Stellar Bancorp, Inc.: 10-Q filed 2017-12-14

Name: Stellar Bancorp, Inc.: 10-Q filed 2017-12-14
Creator: Stellar Bancorp, Inc.

What Stellar Bancorp, Inc. reported in its quarterly report filed 2017-12-14 (fiscal Q3 2017): 33 published measures, 93 facts as tagged in accession 0001558370-17-009332.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-12-14
Fiscal period: fiscal Q3 2017
Accession: 0001558370-17-009332 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Stellar Bancorp, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2017-09-30	2,989,838,000	USD
At 2016-12-31	2,951,522,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2017-09-30	2,608,717,000	USD
At 2016-12-31	2,593,885,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2017-09-30	381,121,000	USD
At 2016-12-31	357,637,000	USD
At 2016-09-30	352,518,000	USD
At 2015-12-31	344,314,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2017-09-30	348,578,000	USD
At 2016-12-31	382,103,000	USD
At 2016-09-30	379,292,000	USD
At 2015-12-31	434,901,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	10,047,000	USD	92
2017-01-01 to 2017-09-30	25,614,000	USD	273
2016-07-01 to 2016-09-30	6,781,000	USD	92
2016-01-01 to 2016-09-30	19,651,000	USD	274

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	27,014,000	USD	273
2016-01-01 to 2016-09-30	29,213,000	USD	274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	699,000	USD	273
2016-01-01 to 2016-09-30	1,929,000	USD	274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	7,149,000	USD	273
2016-01-01 to 2016-09-30	30,748,000	USD	274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	-67,688,000	USD	273
2016-01-01 to 2016-09-30	-115,570,000	USD	274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2017-09-30	117,579,000	USD
At 2016-12-31	95,274,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	22,063,000	shares	92
2017-01-01 to 2017-09-30	22,062,000	shares	273
2016-07-01 to 2016-09-30	21,871,000	shares	92
2016-01-01 to 2016-09-30	22,067,000	shares	274

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	22,138,000	shares	92
2017-01-01 to 2017-09-30	22,144,000	shares	273
2016-07-01 to 2016-09-30	21,993,000	shares	92
2016-01-01 to 2016-09-30	22,205,000	shares	274

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	0.46	USD/shares	92
2017-01-01 to 2017-09-30	1.16	USD/shares	273
2016-07-01 to 2016-09-30	0.31	USD/shares	92
2016-01-01 to 2016-09-30	0.89	USD/shares	274

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	0.45	USD/shares	92
2017-01-01 to 2017-09-30	1.16	USD/shares	273
2016-07-01 to 2016-09-30	0.31	USD/shares	92
2016-01-01 to 2016-09-30	0.88	USD/shares	274

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	3,927,000	USD	92
2017-01-01 to 2017-09-30	10,140,000	USD	273
2016-07-01 to 2016-09-30	3,032,000	USD	92
2016-01-01 to 2016-09-30	8,688,000	USD	274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2017-09-30	54,129,000	USD
At 2016-12-31	57,514,000	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	56,000	USD	273
2016-01-01 to 2016-09-30	35,000	USD	274

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	2,318,000	USD	92
2017-01-01 to 2017-09-30	6,684,000	USD	273
2016-07-01 to 2016-09-30	2,178,000	USD	92
2016-01-01 to 2016-09-30	6,161,000	USD	274

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2017-09-30	80,950,000	USD
At 2016-12-31	80,950,000	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2017-09-30	7,031,000	USD
At 2016-12-31	7,791,000	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	11,079,000	USD	274

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2017-09-30	22,063,072	shares
At 2016-12-31	22,062,072	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2017-09-30	278,557,000	USD
At 2016-12-31	278,501,000	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2017-09-30	184,000	USD
At 2016-12-31	-922,000	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2017-09-30	25,797,000	USD
At 2016-12-31	24,562,000	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	13,974,000	USD	92
2017-01-01 to 2017-09-30	35,754,000	USD	273
2016-07-01 to 2016-09-30	9,813,000	USD	92
2016-01-01 to 2016-09-30	28,339,000	USD	274

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	25,614,000	USD	273
2016-01-01 to 2016-09-30	19,651,000	USD	274

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	10,220,000	USD	92
2017-01-01 to 2017-09-30	26,720,000	USD	273
2016-07-01 to 2016-09-30	6,277,000	USD	92
2016-01-01 to 2016-09-30	20,544,000	USD	274

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	10,047,000	USD	92
2017-01-01 to 2017-09-30	25,614,000	USD	273
2016-07-01 to 2016-09-30	6,781,000	USD	92
2016-01-01 to 2016-09-30	19,651,000	USD	274

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	835,000	USD	92
2017-01-01 to 2017-09-30	2,538,000	USD	273
2016-07-01 to 2016-09-30	800,000	USD	92
2016-01-01 to 2016-09-30	2,444,000	USD	274

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	267,000	USD	92
2017-01-01 to 2017-09-30	816,000	USD	273
2016-07-01 to 2016-09-30	290,000	USD	92
2016-01-01 to 2016-09-30	884,000	USD	274

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	535,000	USD	273
2016-01-01 to 2016-09-30	659,000	USD	274

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	9,515,000	USD	273
2016-01-01 to 2016-09-30	8,593,000	USD	274

Inspect the source

Entity: Stellar Bancorp, Inc. / CIK 0001473844
Captured: 2026-09-21T17:20:06.913Z
SEC response SHA-256: fe49287babe1ea8858d2432a4ebfcbfd3b63e201bd6b1f1764386959adcf2e7a

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001473844.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))