For the quarter ending 2026-03-31, SPFI has $4,646,374K in assets. $4,141,435K in debts. $722,000K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and due from banks | 45,881 | 58,318 | 56,071 | 60,400 |
| Interest-bearing deposits in banks | 676,119 | 494,121 | 578,975 | 410,096 |
| Cash and cash equivalents | 722,000 | 552,439 | 635,046 | 470,496 |
| Securities available for sale | 602,852 | 567,540 | 571,138 | 570,000 |
| Loans held for sale (15,471 and 7,796 at fair value at march 31, 2026 and december 31, 2025, respectively) | 17,203 | 9,993 | 13,046 | 17,182 |
| Loans held for investment | 3,103,529 | 3,144,502 | 3,053,503 | 3,098,978 |
| Allowance for credit losses on loans | 44,822 | 45,131 | 44,125 | 45,010 |
| Loans held for investment, net | 3,058,707 | 3,099,371 | 3,009,378 | 3,053,968 |
| Accrued interest receivable | 17,009 | 20,931 | 18,012 | 17,996 |
| Premises and equipment, gross | - | 126,637 | - | - |
| Less accumulated depreciation | - | 75,074 | - | - |
| Premises and equipment, net | 51,585 | 51,563 | 51,809 | 51,329 |
| Bank-owned life insurance | 78,119 | 77,694 | 77,274 | 76,859 |
| Goodwill | 19,315 | 19,315 | 19,315 | 19,315 |
| Intangible assets, net | 1,012 | 1,133 | 1,265 | 1,417 |
| Mortgage servicing rights | 24,611 | 24,041 | 24,458 | 25,134 |
| Deferred tax asset, net | 20,244 | 20,433 | 21,650 | 23,469 |
| Other assets | 33,717 | 36,047 | 37,046 | 36,509 |
| Total assets | 4,646,374 | 4,480,500 | 4,479,437 | 4,363,674 |
| Noninterest-bearing | 1,034,117 | 1,023,517 | 1,049,501 | 998,759 |
| Interest-bearing | 2,993,469 | 2,850,560 | 2,831,642 | 2,740,179 |
| Total deposits | 4,027,586 | 3,874,077 | 3,881,143 | 3,738,938 |
| Accrued expenses and other liabilities | 53,356 | 52,093 | 59,999 | 58,863 |
| Subordinated debt | 14,100 | 14,100 | 14,100 | 64,054 |
| Short-term borrowings | - | - | - | 1,352 |
| Junior subordinated deferrable interest debentures | 46,393 | 46,393 | 46,393 | 46,393 |
| Total liabilities | 4,141,435 | 3,986,663 | 4,001,635 | 3,909,600 |
| Common stock, 1.00 par value per share, 30,000,000 shares authorized 16,342,219 and 16,293,577 issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 16,342 | 16,294 | 16,248 | 16,230 |
| Additional paid-in capital | 91,244 | 91,065 | 91,116 | 90,268 |
| Retained earnings | 445,971 | 434,197 | 421,542 | 407,822 |
| Accumulated other comprehensive loss | -48,618 | -47,719 | -51,104 | -60,246 |
| Total stockholders equity | 504,939 | 493,837 | 477,802 | 454,074 |
| Total liabilities and stockholders equity | 4,646,374 | 4,480,500 | 4,479,437 | 4,363,674 |
SOUTH PLAINS FINANCIAL, INC. (SPFI)
SOUTH PLAINS FINANCIAL, INC. (SPFI)