Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 354

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 3
Chunk 354
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 receivable for our investment portfolio at December 31, 2024 and 2023, was $106.8 million and $95.7 million, respectively, and is reported in other assets in the consolidated statements of financial condition. We do not include reserves for interest receivable in the measurement of the allowance for credit losses.There were no sales of available-for-sale securities during the year ended December 31, 2024. For the year ended December 31, 2023, we received proceeds of $2.4 million from the sale of available-for-sale securities, which resulted in a realized loss of $7.6 million. For the year ended December 31, 2022, we received proceeds of $80.0 million from the sale of available-for-sale securities, which resulted in a realized gain of $0.1 million.

95

The table below summarizes the amortized cost and fair values of our securities by contractual maturity (in thousands). Expected maturities may differ significantly from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties.

        December 31, 2024

        December 31, 2023

        AmortizedCost

        Fair Value

        AmortizedCost

        Fair Value

        Available-for-sale securities

        Within one year
         
        $
        78,491

        $
        78,080

        $
        105,389

        $
        104,113

        After one year through three years

        143,648

        137,049

        184,975

        174,827

        After three years through five years

        -

        -

        38,462

        34,316

        After five years through ten years

        395,884

        352,736

        448,931

        398,624

        After ten years

        1,136,686

        1,016,733

        949,873

        839,806

        $
        1,754,709

        $
        1,584,598

        $
        1,727,630

        $
        1,551,686

        Held-to-maturity securities

        After three years through five years

        91,184

        91,238

        —

        —

        After five years through ten