{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-049331","form_type":"8-K","ticker":"SPFI","cik":"0001163668","company_name":"SOUTH PLAINS FINANCIAL, INC.","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.368709+00:00","generated_at":"2026-06-09T13:27:47.443401+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"South Plains Financial Q3 net income $13.5M, EPS $0.78; deposits up 1.3% sequentially","bullets":["Net income $13.5M, diluted EPS $0.78; Q2 included $22.9M gain on sale of Windmark.","Deposits grew $46.1M (+1.3%) to $3.62B; noninterest-bearing deposits 28.9%.","Net interest margin (tax-equivalent) 3.52% vs 3.65% in Q2; loan yield rose to 6.10%.","Nonperforming assets/total assets improved to 0.12% from 0.51% in Q2.","Repurchased 355,000 shares for $9.3M in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-049331","json":"https://secwatch.observer/filing/0001140361-23-049331.json","markdown":"https://secwatch.observer/filing/0001140361-23-049331.md","text":"https://secwatch.observer/filing/0001140361-23-049331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163668/000114036123049331/0001140361-23-049331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163668/000114036123049331/ef20013031_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T13:27:47.443401+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":[{"claim_id":"f730db06c019e8dd1458fddcda4d2067fe6dd874","claim":"SOUTH PLAINS FINANCIAL, INC. reported quarter ended September 30, 2023 results: revenue $35.7 million.","evidence_excerpt":"reported its financial results for the quarter ended September 30, 2023. Third Quarter 2023 Highlights ● Net income for the third quarter of 2023 was $13.5 million, compared to $29.7 million for the second quarter of 2023 and $15.5 million for the third quarter of 2022. ● Diluted earnings per share for the third quarter of 2023 was $0.78, compared to $1.71 for the second quarter of 2023 and $0.86 for the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163668/000114036123049331/0001140361-23-049331-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$35.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f730db06c019e8dd1458fddcda4d2067fe6dd874","claim":"SOUTH PLAINS FINANCIAL, INC. reported quarter ended September 30, 2023 results: revenue $35.7 million.","evidence_excerpt":"Net interest income was $35.7 million for the third quarter of 2023, compared to $34.6 million for the second quarter of 2023 and $35.1 million for the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163668/000114036123049331/0001140361-23-049331-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$35.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}