{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-001851","form_type":"8-K","ticker":"SPFI","cik":"0001163668","company_name":"SOUTH PLAINS FINANCIAL, INC.","filed_at":"2025-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.065288+00:00","generated_at":"2026-05-27T10:25:48.715388+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"South Plains Financial Q4 net income $16.5M, EPS $0.96; declares $0.15 dividend","bullets":["Q4 2024 diluted EPS $0.96 vs $0.61 a year ago; net income $16.5M vs $10.3M.","Net interest margin (tax-equivalent) 3.75%, up from 3.52% in Q4 2023.","Average cost of deposits fell 18 bps QoQ to 229 bps; loans held for investment $3.06B.","Full-year 2024 net income $49.7M, down from $62.7M in 2023 (prior year included $22.9M gain on Windmark sale).","Quarterly cash dividend $0.15/share, payable Feb 18 to holders of record Feb 3."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-001851","json":"https://secwatch.observer/filing/0001140361-25-001851.json","markdown":"https://secwatch.observer/filing/0001140361-25-001851.md","text":"https://secwatch.observer/filing/0001140361-25-001851.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163668/000114036125001851/0001140361-25-001851-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163668/000114036125001851/ef20042248_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T10:25:48.715388+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"}