South Plains Financial Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	552.44	357.71	328.62	233.34	485.28
Investment Securities	567.54	199.3	208.38	255.26	315.1
Trading Asset Securities	-	16	17.23	21.16	7.33
Mortgage-Backed Securities	-	377.94	414.38	446.45	409.41
Total Investments	567.54	593.24	639.99	722.87	731.83
Gross Loans	3,145	3,055	3,014	2,748	2,439
Allowance for Loan Losses	-45.13	-43.24	-42.36	-39.29	-42.1
Other Adjustments to Gross Loans	-	-	-	-	-1.9
Net Loans	3,099	3,012	2,972	2,709	2,395
Property, Plant & Equipment	51.56	60.92	63.75	64.28	57.7
Goodwill	19.32	19.32	19.32	19.51	19.51
Other Intangible Assets	1.13	1.72	2.43	4.35	5.9
Loans Held for Sale	9.99	20.54	14.5	30.4	76.51
Accrued Interest Receivable	-	21.69	20.88	16.43	13.9
Restricted Cash	-	1.37	1.54	1.54	1.54
Long-Term Deferred Tax Assets	-	22.84	19.41	22.82	3.04
Other Real Estate Owned & Foreclosed	1.75	0.53	0.91	0.17	1.03
Other Long-Term Assets	177.4	120.55	121.65	119.56	110.14
Total Assets	4,481	4,232	4,205	3,944	3,902
Accrued Expenses	-	36.14	33	49.24	30.5
Interest Bearing Deposits	2,851	2,477	2,482	2,125	2,106
Institutional Deposits	-	208.8	170.4	131	163.4
Non-Interest Bearing Deposits	1,024	935.51	974.2	1,150	1,071
Total Deposits	3,874	3,621	3,626	3,406	3,341
Short-Term Borrowings	-	0.01	0.43	0.13	0.54
Current Portion of Leases	-	1.64	-	-	-
Other Current Liabilities	-	17	18.3	-	-
Long-Term Debt	14.1	63.96	63.78	75.96	75.78
Long-Term Leases	-	7.27	9.63	8.9	-
Trust Preferred Securities	46.39	46.39	46.39	46.39	46.39
Other Long-Term Liabilities	52.09	-	-	-	-
Total Liabilities	3,987	3,793	3,798	3,587	3,494
Common Stock	16.29	16.46	16.42	17.03	17.76
Additional Paid-In Capital	91.07	97.29	97.11	112.83	133.22
Retained Earnings	434.2	385.83	345.26	292.26	242.75
Comprehensive Income & Other	-47.72	-60.62	-51.67	-65.11	13.7
Shareholders' Equity	493.84	438.95	407.11	357.01	407.43
Total Liabilities & Equity	4,481	4,232	4,205	3,944	3,902
Total Debt	60.49	119.27	120.23	131.38	122.7
Net Cash (Debt)	491.95	254.44	225.62	123.13	369.91
Net Cash Growth	93.35%	12.77%	83.24%	-66.71%	367.34%
Net Cash Per Share	28.94	14.94	13.02	6.83	20.00
Filing Date Shares Outstanding	16.29	16.49	16.43	17.05	17.69
Total Common Shares Outstanding	16.29	16.46	16.42	17.03	17.76
Book Value Per Share	30.31	26.67	24.80	20.97	22.94
Tangible Book Value	473.39	417.91	385.37	333.16	382.02
Tangible Book Value Per Share	29.05	25.40	23.47	19.57	21.51

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