The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 14,545 | 15,254 | 16,318 | 26,899 |
| Provision for credit losses | 260 | 1,775 | 500 | 2,920 |
| Provision for foreclosed asset losses | 100 | 100 | - | - |
| Depreciation and amortization | 1,502 | 1,455 | 1,420 | 2,939 |
| Accretion and amortization | -559 | -518 | -722 | -1,473 |
| Other gains, net | 99 | 18 | 0 | 266 |
| Gain on sale of subsidiary | - | 0 | - | - |
| Loss on sale of securities | - | 0 | - | - |
| Net gain on sales of loans | 2,332 | 2,021 | 2,338 | 5,246 |
| Proceeds from sales of loans held for sale | 57,711 | 67,876 | 75,034 | 145,512 |
| Loans originated for sale | 62,909 | 63,050 | 68,809 | 137,489 |
| Deferred income tax expense | 428 | 316 | -611 | -728 |
| Earnings on bank-owned life insurance | 425 | 420 | 415 | 805 |
| Stock-based compensation | 668 | 651 | 650 | 1,323 |
| Change in valuation of mortgage servicing rights | 250 | -665 | -925 | -1,741 |
| Accrued interest receivable and other assets | -5,409 | 2,762 | 216 | -5,935 |
| Accrued expenses and other liabilities | 1,003 | -7,906 | 1,036 | -3,367 |
| Net cash from operating activities | 16,170 | 12,433 | 24,216 | 40,841 |
| Purchases | 351,389 | 404,041 | 7,529 | 9,374 |
| Sales | - | 0 | - | - |
| Maturities, prepayments, and calls | 314,406 | 412,110 | 18,165 | 19,533 |
| Loan originations and principal collections, net | -40,439 | 92,713 | -42,791 | 45,880 |
| Purchases of premises and equipment | 1,354 | 1,046 | 1,753 | 2,862 |
| Proceeds from sales of premises and equipment | 38 | 18 | 0 | 2,240 |
| Proceeds from sale of subsidiary | - | 0 | - | - |
| Capital improvements to foreclosed assets | - | 131 | - | - |
| Proceeds from sales of foreclosed assets | 954 | 1,084 | 189 | 974 |
| Net cash from investing activities | 3,094 | -84,719 | 51,863 | -35,369 |
| Net change in short-term borrowings | - | - | - | 1,352 |
| Net change in deposits | 153,509 | -7,066 | 142,205 | 118,062 |
| Proceeds from common stock issuance | 258 | 0 | 216 | 235 |
| Payments made on subordinated debt | - | 0 | 50,000 | - |
| Payments to tax authorities for stock-based compensation | 699 | 656 | 0 | 277 |
| Cash dividends paid on common stock | 2,771 | 2,599 | 2,598 | 4,904 |
| Payments to repurchase common stock | 0 | 0 | 0 | 8,526 |
| Net cash from financing activities | 150,297 | -10,321 | 88,471 | 105,942 |
| Net change in cash and cash equivalents | 169,561 | -82,607 | 164,550 | 111,414 |
| Beginning cash and cash equivalents | 552,439 | -275,964 | 359,082 | - |
| Ending cash and cash equivalents | 722,000 | -82,607 | 635,046 | - |
SOUTH PLAINS FINANCIAL, INC. (SPFI)
SOUTH PLAINS FINANCIAL, INC. (SPFI)