DEPOSITS

12 Months Ended

Dec. 31, 2025

Time deposits that met or exceeded the Federal Deposit Insurance Corporation (the “FDIC”) insurance limit of $250 thousand at December 31, 2025 and 2024 were $638.0 million and $605.6 million, respectively.

Scheduled maturities of time deposits as of December 31, 2025 were as follows (in thousands):


2026	$	979,292
2027	25,822
2028	7,635
2029	6,081
Thereafter	9,929
Total	$	1,028,759

The Company had brokered deposits of $12.5 million, or 0.1% of total deposits and $481.8 million, or 5.3% of total deposits as of December 31, 2025 and 2024, respectively. Also included within deposits are public funds which are deposits from governments and municipalities that are subject to seasonality and are fully collateralized by either securities pledged or Federal Home Loan Bank of Dallas (“FHLB”) letters of credit. Public funds totaled $1.22 billion, or 13.6% of total deposits, as of December 31, 2025 compared to $1.56 billion, or 17.1% of total deposits, as of December 31, 2024.

Related party deposits from principal officers, directors and their affiliates at December 31, 2025 and 2024 were $138.9 million and $206.4 million, respectively.

Stellar Bancorp, Inc. 10-K