Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 435

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 435
---
 outstanding
     
    $
    3,734,097

    Fund banking

    0.00
    %

    Net charge-off during the period
     
    $
    —

    Average amount outstanding
     
    $
    3,458,175

    Securities-based loans

    0.00
    %

    Net charge-off during the period
     
    $
    —

    Average amount outstanding
     
    $
    2,292,176

    Construction and land

    0.57
    %

    Net charge-off during the period
     
    $
    6,760

    Average amount outstanding
     
    $
    1,176,660

    Commercial real estate

    0.28
    %

    Net charge-off during the period
     
    $
    1,690

    Average amount outstanding
     
    $
    612,374

    Home equity lines of credit

    0.00
    %

    Net charge-off during the period
     
    $
    —

    Average amount outstanding
     
    $
    161,343

    Other

    0.32
    %

    Net charge-off during the period
     
    $
    159

    Average amount outstanding
     
    $
    50,389

    Total retained loans

    0.10
    %

    Net charge-off during the period
     
    $
    19,297

    Average amount outstanding
     
    $
    19,753,337

47

Allocation of the Allowance for Loan Losses

The following is a breakdown of the allowance for loan losses by each major loan category at December 31, 2024 and 2023 (in thousands, except rates): 

    December 31, 2024

    December 31, 2023

    Balance

    Percent (1)

    Balance

    Percent (1)

    Commercial and industrial
     
    $
    92,698

    19.5
    %
     
    $
    67,077

    18.3
    %

    Construction and land

    12,866

    5.9

    11,817

    5.3

    Residential real estate

    11,061

    41.0

    13,855

    41.4

    Fund