South Plains Financial, Inc. (FRA:4S4)

South Plains Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	470.5	357.71	328.62	233.34	485.28	300.31
Investment Securities	570	199.3	208.38	255.26	315.1	323.01
Trading Asset Securities	-	16	17.23	21.16	7.33	6.73
Mortgage-Backed Securities	-	377.94	414.38	446.45	409.41	480.08
Total Investments	570	593.24	639.99	722.87	731.83	809.82
Gross Loans	3,099	3,055	3,014	2,748	2,439	2,226
Allowance for Loan Losses	-45.01	-43.24	-42.36	-39.29	-42.1	-45.55
Other Adjustments to Gross Loans	-	-	-	-	-1.9	-4.1
Net Loans	3,054	3,012	2,972	2,709	2,395	2,176
Property, Plant & Equipment	51.33	60.92	63.75	64.28	57.7	60.33
Goodwill	19.32	19.32	19.32	19.51	19.51	19.51
Other Intangible Assets	1.42	1.72	2.43	4.35	5.9	7.56
Loans Held for Sale	17.18	20.54	14.5	30.4	76.51	111.48
Accrued Interest Receivable	-	21.69	20.88	16.43	13.9	15.23
Restricted Cash	-	1.37	1.54	1.54	1.54	-
Long-Term Deferred Tax Assets	-	22.84	19.41	22.82	3.04	2.46
Other Real Estate Owned & Foreclosed	0.54	0.53	0.91	0.17	1.03	1.35
Other Long-Term Assets	179.43	120.55	121.65	119.56	110.14	95.08
Total Assets	4,364	4,232	4,205	3,944	3,902	3,599
Accrued Expenses	-	36.14	33	49.24	30.5	26.87
Interest Bearing Deposits	2,740	2,477	2,482	2,125	2,106	1,910
Institutional Deposits	-	208.8	170.4	131	163.4	147
Non-Interest Bearing Deposits	998.76	935.51	974.2	1,150	1,071	917.32
Total Deposits	3,739	3,621	3,626	3,406	3,341	2,974
Short-Term Borrowings	1.35	0.01	0.43	0.13	0.54	30.91
Current Portion of Leases	-	1.64	-	-	-	-
Other Current Liabilities	-	17	18.3	-	-	-
Long-Term Debt	64.05	63.96	63.78	75.96	75.78	75.59
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	-	75
Long-Term Leases	-	7.27	9.63	8.9	-	-
Trust Preferred Securities	46.39	46.39	46.39	46.39	46.39	46.39
Other Long-Term Liabilities	58.86	-	-	-	-	-
Total Liabilities	3,910	3,793	3,798	3,587	3,494	3,229
Common Stock	16.23	16.46	16.42	17.03	17.76	18.08
Additional Paid-In Capital	90.27	97.29	97.11	112.83	133.22	141.11
Retained Earnings	407.82	385.83	345.26	292.26	242.75	189.52
Comprehensive Income & Other	-60.25	-60.62	-51.67	-65.11	13.7	21.34
Shareholders' Equity	454.07	438.95	407.11	357.01	407.43	370.05
Total Liabilities & Equity	4,364	4,232	4,205	3,944	3,902	3,599
Total Debt	111.8	119.27	120.23	131.38	122.7	227.89
Net Cash (Debt)	358.7	254.44	225.62	123.13	369.91	79.15
Net Cash Growth	75.56%	12.77%	83.24%	-66.71%	367.34%	-
Net Cash Per Share	21.09	14.94	13.02	6.83	20.00	4.32
Filing Date Shares Outstanding	16.23	16.49	16.43	17.05	17.69	18.04
Total Common Shares Outstanding	16.23	16.46	16.42	17.03	17.76	18.08
Book Value Per Share	27.98	26.67	24.80	20.97	22.94	20.47
Tangible Book Value	433.34	417.91	385.37	333.16	382.02	342.98
Tangible Book Value Per Share	26.70	25.40	23.47	19.57	21.51	18.97

Source: S&P Global Market Intelligence. Banks template. Financial Sources.