{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-026651","form_type":"8-K","ticker":"SPFI","cik":"0001163668","company_name":"SOUTH PLAINS FINANCIAL, INC.","filed_at":"2022-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.109363+00:00","generated_at":"2026-06-24T09:28:39.876366+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"South Plains Financial Q2 net income $15.9M ($0.88 EPS); loan growth 20.8% annualized","bullets":["Net income $15.9M ($0.88 diluted EPS) vs $14.3M ($0.78) Q1 2022 and $13.7M ($0.74) Q2 2021.","Loans held for investment grew $126.9M (20.8% annualized) from Q1 2022; organic net loan growth $148.2M.","No provision for loan losses in Q2; NPAs/total assets improved to 0.20% from 0.33% Q1 2022.","Net interest margin (tax-equivalent) expanded to 4.02% from 3.33% Q1; average cost of deposits 27 bps.","Repurchased ~257,000 shares in Q2 vs 106,000 in Q1, citing belief shares trade below intrinsic value."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-026651","json":"https://secwatch.observer/filing/0001140361-22-026651.json","markdown":"https://secwatch.observer/filing/0001140361-22-026651.md","text":"https://secwatch.observer/filing/0001140361-22-026651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163668/000114036122026651/0001140361-22-026651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163668/000114036122026651/brhc10039865_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T09:28:39.876366+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}