The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 58,471 |
| Provision for credit losses | 5,195 |
| Provision for foreclosed asset losses | 100 |
| Depreciation and amortization | 5,814 |
| Accretion and amortization | -2,713 |
| Other gains, net | 284 |
| Gain on sale of subsidiary | 0 |
| Loss on sale of securities | 0 |
| Net gain on sales of loans | 9,605 |
| Proceeds from sales of loans held for sale | 288,422 |
| Loans originated for sale | 269,348 |
| Deferred income tax expense (benefit) | -1,023 |
| Earnings on bank-owned life insurance | 1,640 |
| Stock-based compensation | 2,624 |
| Change in valuation of mortgage servicing rights | -3,331 |
| Accrued interest receivable and other assets | -2,957 |
| Accrued expenses and other liabilities | -10,237 |
| Net cash from operating activities | 77,490 |
| Purchases | 420,944 |
| Sales | 0 |
| Maturities, prepayments, and calls | 449,808 |
| Loan originations and principal collections, net | 95,802 |
| Purchases of premises and equipment | 5,661 |
| Proceeds from sales of premises and equipment | 2,258 |
| Proceeds from sale of subsidiary | 0 |
| Capital improvements to foreclosed assets | 131 |
| Proceeds from sales of foreclosed assets | 2,247 |
| Net cash from investing activities | -68,225 |
| Net change in deposits | 253,201 |
| Proceeds from common stock issuance | 451 |
| Payments to tax authorities for stock-based compensation | 933 |
| Payments made on subordinated debt | 50,000 |
| Cash dividends paid on common stock | 10,101 |
| Payments to repurchase common stock | 8,526 |
| Net cash from financing activities | 184,092 |
| Net change in cash and cash equivalents | 193,357 |
| Beginning cash and cash equivalents | 359,082 |
| Ending cash and cash equivalents | 552,439 |
SOUTH PLAINS FINANCIAL, INC. (SPFI)
SOUTH PLAINS FINANCIAL, INC. (SPFI)