SBSI — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-07-24

• •credit risks of borrowers, including any increase in those risks due to changing economic conditions, including inflation, interest rates, tariffs and immigration policies;

• Our cost of interest bearing deposits decreased 26 basis points, from 2.83% for the six months ended June 30, 2025 to 2.57% for the six months ended June 30, 2026. Our cost of total deposits decreased 22 basis points, from 2.26% for the six months ended June 30, 2025 to 2.04% for the six months ende…

• Our capital ratios and contingent liquidity sources remain solid. The table below shows our total lines of credit, borrowings, total amounts available for future liquidity, and swapped value as of June 30, 2026 (in thousands):

• During the six months ended June 30, 2026, our net income increased $6.8 million, or 15.6%, to $50.1 million from $43.3 million for the same period in 2025. The increase in net income was due to a $6.9 million increase in net interest income and a $4.2 million increase in noninterest income, partial…

• Our total assets increased $249.1 million, or 2.9%, to $8.76 billion at June 30, 2026 from $8.51 billion at December 31, 2025. Our securities portfolio increased by $78.0 million, or 2.9%, to $2.78 billion at June 30, 2026, compared to $2.70 billion at December 31, 2025. The increase in the securiti…

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• •the implementation under the presidential administration of a regulatory reform agenda that is different than that of the prior administration, impacting the rulemaking, supervision, examination and enforcement priorities of the federal banking agencies;

• •credit risks of borrowers, including any increase in those risks due to changing economic conditions, including inflation, tariffs and immigration policies;

• Our capital ratios and contingent liquidity sources remain solid. The table below shows our total lines of credit, borrowings, total amounts available for future liquidity, and swapped value as of March 31, 2026 (in thousands):

• Our total assets increased $287.6 million, or 3.4%, to $8.80 billion at March 31, 2026 from $8.51 billion at December 31, 2025. Our securities portfolio increased by $164.3 million, or 6.1%, to $2.87 billion at March 31, 2026, compared to $2.70 billion at December 31, 2025. The increase in the secur…

• Loans at March 31, 2026 were $4.95 billion, an increase of $128.2 million, or 2.7%, compared to $4.82 billion at December 31, 2025, due to increases of $93.2 million in construction loans, $40.6 million in commercial real estate loans and $12.2 million in commercial loans. These increases were parti…

Text added vs the prior filing · source: 10-Q · 2026-07-24

• The ALCO monitors various liquidity ratios to ensure a satisfactory liquidity position. Management continually evaluates the condition of the economy, the pattern of market interest rates and other economic data to determine the types of investments that should be made and at what maturities. Using …

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• The ALCO monitors various liquidity ratios to ensure a satisfactory liquidity position. Management continually evaluates the condition of the economy, the pattern of market interest rates and other economic data to determine the types of investments that should be made and at what maturities. Using …

• sensitivity gap positions to maximize net interest income based upon anticipated movements in the general level of interest rates. Regulatory authorities also monitor our gap position along with other liquidity ratios. In addition, as described above, we utilize a simulation model to determine the i…