SOUTH PLAINS FINANCIAL INC
For the period ended Mar 31, 2024. Filed May 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 6, 2024
SPFI$43.080.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)
STOCKHOLDERS’ EQUITY
| Common Stock · Additional Paid-in · Retained · Accumulated Other Comprehensive | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Earnings | Income (Loss) | Total | |
| Balance at beginning of period | 17,027,197 | $17,027 | $112,834 | $292,261 | $(65,108) | $357,014 |
| Net income | — | — | — | 9,244 | — | 9,244 |
| Cash dividends declared - $0.13 per share | — | — | — | (2,208) | — | (2,208) |
| Other comprehensive income | — | — | — | — | 4,729 | 4,729 |
| Impact of adoption of ASU 2016-13 - CECL | — | — | — | (997) | — | (997) |
| Exercise of employee stock options and vesting of restricted stock units, net of 13,573 shares for cashless exercise and net of 13,892 shares for taxes | 35,375 | 35 | (378) | — | — | (343) |
| Stock-based compensation | — | — | 525 | — | — | 525 |
| Balance at end of period | 17,062,572 | $17,062 | $112,981 | $298,300 | $(60,379) | $367,964 |
| Balance at beginning of period | 16,417,099 | $16,417 | $97,107 | $345,264 | $(51,674) | $407,114 |
| Net income | — | — | — | 10,874 | — | 10,874 |
| Cash dividends declared - $0.13 per share | — | — | — | (2,127) | — | (2,127) |
| Other comprehensive loss | — | — | — | — | (7,463) | (7,463) |
| Exercise of employee stock options and vesting of restricted stock units, net of 2,606 shares for cashless exercise and net of 4,675 shares for taxes | 16,062 | 16 | (148) | — | — | (132) |
| Repurchases of common stock | (1,406) | (1) | (34) | — | — | (35) |
| Stock-based compensation | — | — | 481 | — | — | 481 |
| Balance at end of period | 16,431,755 | $16,432 | $97,406 | $354,011 | $(59,137) | $408,712 |
CONSOLIDATED STATEMENTS OF
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.