Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 108

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 108
---
05
    %

    Nonaccrual loans
     
    $
    160,900

    $
    42,366

    $
    10,102

    Retained loans outstanding
     
    $
    20,879,745

    $
    19,441,467

    $
    20,602,558

    Allowance for credit losses to nonaccrual loans
     
    1.06x

    3.83x

    14.64x

    Allowance for credit losses
     
    $
    170,044

    $
    161,605

    $
    147,853

    Nonaccrual loans
     
    $
    160,900

    $
    42,366

    $
    10,102

The following table presents net charge-offs to average loans outstanding by major loan category for the year ended December 31, 2024 (in thousands, except percentages):

    Residential real estate

    0.00
    %

    Net charge-off during the period
     
    $
    —

    Average amount outstanding
     
    $
    8,268,123

    Commercial and industrial

    0.29
    %

    Net charge-off during the period
     
    $
    10,688

    Average amount 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
     
    $
    —