SOUTH PLAINS FINANCIAL INC
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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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.
Jun 30, 2024 · Filed Aug 6, 2024
SPFI$43.080.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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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 | — | — | — | 38,927 | — | 38,927 |
| Cash dividends declared - $0.26 per share | — | — | — | (4,419) | — | (4,419) |
| Other comprehensive income | — | — | — | — | 3,280 | 3,280 |
| Impact of adoption of ASU 2016-13 - CECL | — | — | — | (997) | — | (997) |
| Issuance of stock related to stock-based awards, net of 24,140 shares for cashless exercise and net of 13,892 shares for taxes | 37,829 | 38 | (380) | — | — | (342) |
| Repurchases of common stock | (112,954) | (113) | (2,435) | — | — | (2,548) |
| Stock-based compensation | — | — | 1,114 | — | — | 1,114 |
| Balance at end of period | 16,952,072 | $16,952 | $111,133 | $325,772 | $(61,828) | $392,029 |
| Balance at beginning of period | 16,417,099 | $16,417 | $97,107 | $345,264 | $(51,674) | $407,114 |
| Net income | — | — | — | 22,008 | — | 22,008 |
| Cash dividends declared - $0.27 per share | — | — | — | (4,417) | — | (4,417) |
| Other comprehensive loss | — | — | — | — | (7,386) | (7,386) |
| Issuance of stock related to stock-based awards, net of 4,051 shares for cashless exercise and net of 4,675 shares for taxes | 20,721 | 21 | (153) | — | — | (132) |
| Repurchases of common stock | (13,799) | (14) | (326) | — | — | (340) |
| Stock-based compensation | — | — | 1,138 | — | — | 1,138 |
| Balance at end of period | 16,424,021 | $16,424 | $97,766 | $362,855 | $(59,060) | $417,985 |
| Balance at beginning of period | 17,062,572 | $17,062 | $112,981 | $298,300 | $(60,379) | $367,964 |
| Net income | — | — | — | 29,683 | — | 29,683 |
| Cash dividends declared - $0.13 per share | — | — | — | (2,211) | — | (2,211) |
| Other comprehensive loss | — | — | — | — | (1,449) | (1,449) |
| Issuance of stock related to stock-based awards, net of 10,567 shares for cashless exercise | 2,454 | 3 | (3) | — | — | — |
| Repurchases of common stock | (112,954) | (113) | (2,435) | — | — | (2,548) |
| Stock-based compensation | — | — | 590 | — | — | 590 |
| Balance at end of period | 16,952,072 | $16,952 | $111,133 | $325,772 | $(61,828) | $392,029 |
| Balance at beginning of period | 16,431,755 | $16,432 | $97,406 | $354,011 | $(59,137) | $408,712 |
| Net income | — | — | — | 11,134 | — | 11,134 |
| Cash dividends declared - $0.14 per share | — | — | — | (2,290) | — | (2,290) |
| Other comprehensive income | — | — | — | — | 77 | 77 |
| Issuance of stock related to stock-based awards, net of 1,445 shares for cashless exercise | 4,659 | 5 | (5) | — | — | — |
| Repurchases of common stock | (12,393) | (13) | (292) | — | — | (305) |
| Stock-based compensation | — | — | 657 | — | — | 657 |
| Balance at end of period | 16,424,021 | $16,424 | $97,766 | $362,855 | $(59,060) | $417,985 |
CONSOLIDATED STATEMENTS OF
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