Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 271

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 3
Chunk 271
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 change in average yield/cost by the previous year’s volume. Changes applicable to both volume and rate have been allocated proportionately.

45

II.	Investment in Debt Securities

The maturities and related weighted-average yields of our debt securities not carried at fair value at December 31, 2024, are as follows (in thousands, except rates):

    Within 1Year

    1-5 Years

    5-10 Years

    After 10 Years

    Total

    Asset-backed securities
     
    $
    —

    $
    91,184

    $
    3,063,278

    $
    3,370,492

    $
    6,524,954

    Weighted-average yield (1)

    0.00
    %

    6.59
    %

    6.56
    %

    6.43
    %

    6.49
    %

(1)The weighted-average yield is computed using the expected maturity of each security weighted based on the amortized cost of each security.

III.	Loan Portfolio

The following table presents the maturities of each major loan category in Stifel Bancorp’s loan portfolio held for investment for the periods indicated (in thousands): 

    Within 1 Year

    1-5 Years

    5-15 years

    Over 15 Years

    Total

    Residential real estate
     
    $
    —

    $
    574

    $
    670,844

    $
    7,893,775

    $
    8,565,193

    Commercial and industrial

    358,772

    3,174,420

    528,837

    —

    4,062,029

    Fund banking

    2,674,004

    1,173,804

    6,414

    —

    3,854,222

    Securities-based loans

    2,314,649

    74,944

    —

    —

    2,389,593

    Construction and land

    598,676

    643,326

    —

    —

    1,242,002

    Commercial real estate

    355,807

    162,543

    573

    —

    518,923

    Home equity lines of credit

    20,