South Plains Financial, Inc. (SPFI)

South Plains Financial Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	775.37	551.07	357.71	328.62	233.34	485.28
Investment Securities	175.91	195.8	199.3	208.38	255.26	315.1
Trading Asset Securities	11.16	9.97	16	17.23	21.16	7.33
Mortgage-Backed Securities	342.44	373.14	377.94	414.38	446.45	409.41
Total Investments	529.51	578.91	593.24	639.99	722.87	731.83
Gross Loans	3,831	3,145	3,055	3,014	2,748	2,439
Allowance for Loan Losses	-52.77	-45.13	-43.24	-42.36	-39.29	-42.1
Other Adjustments to Gross Loans	-	-	-	-	-	-1.9
Net Loans	3,778	3,099	3,012	2,972	2,709	2,395
Property, Plant & Equipment	51.15	58.52	60.92	63.75	64.28	57.7
Goodwill	66.59	19.32	19.32	19.32	19.51	19.51
Other Intangible Assets	5.27	1.13	1.72	2.43	4.35	5.9
Loans Held for Sale	10.45	9.99	20.54	14.5	30.4	76.51
Accrued Interest Receivable	20.71	20.93	21.69	20.88	16.43	13.9
Restricted Cash	1.37	1.37	1.37	1.54	1.54	1.54
Long-Term Deferred Tax Assets	27.46	20.43	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	144.63	117.7	120.55	121.65	119.56	110.14
Total Assets	5,411	4,481	4,232	4,205	3,944	3,902

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	57.51	33.6	36.14	33	49.24	30.5
Interest Bearing Deposits	3,325	2,650	2,477	2,482	2,125	2,106
Institutional Deposits	156.89	200.6	208.8	170.4	131	163.4
Non-Interest Bearing Deposits	1,179	1,024	935.51	974.2	1,150	1,071
Total Deposits	4,661	3,874	3,621	3,626	3,406	3,341
Short-Term Borrowings	0.13	0.07	0.01	0.43	0.13	0.54
Current Portion of Leases	-	1.62	-	-	-	-
Other Current Liabilities	9.3	10.5	17	18.3	-	-
Long-Term Debt	14.1	14.1	63.96	63.78	75.96	75.78
Long-Term Leases	-	6.31	8.91	9.63	8.9	-
Trust Preferred Securities	46.39	46.39	46.39	46.39	46.39	46.39
Total Liabilities	4,788	3,987	3,793	3,798	3,587	3,494

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	18.85	16.29	16.46	16.42	17.03	17.76
Additional Paid-In Capital	195.31	91.07	97.29	97.11	112.83	133.22
Retained Earnings	479.08	434.2	385.83	345.26	292.26	242.75
Comprehensive Income & Other	-70.48	-47.72	-60.62	-51.67	-65.11	13.7
Shareholders' Equity	622.76	493.84	438.95	407.11	357.01	407.43
Total Liabilities & Equity	5,411	4,481	4,232	4,205	3,944	3,902

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	60.62	68.49	119.27	120.23	131.38	122.7
Net Cash (Debt)	725.91	492.55	254.44	225.62	123.13	369.91
Net Cash Growth	24.30%	93.58%	12.77%	83.24%	-66.71%	367.34%
Net Cash Per Share	39.55	29.00	14.94	13.02	6.83	20.00
Filing Date Shares Outstanding	18.85	16.33	16.49	16.43	17.05	17.69
Total Common Shares Outstanding	18.85	16.29	16.46	16.42	17.03	17.76
Book Value Per Share	33.04	30.31	26.67	24.80	20.97	22.94
Tangible Book Value	550.9	473.39	417.91	385.37	333.16	382.02
Tangible Book Value Per Share	29.23	29.05	25.40	23.47	19.57	21.51

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 13, 2026

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