{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-002400","form_type":"8-K","ticker":"SPFI","cik":"0001163668","company_name":"SOUTH PLAINS FINANCIAL, INC.","filed_at":"2026-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.631038+00:00","generated_at":"2026-05-16T07:49:20.817260+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 Q4 net income $15.3M, EPS $0.90; full-year EPS up 17.8%; BOH acquisition","bullets":["Q4 2025 net income $15.3M ($0.90 diluted EPS) vs $16.3M ($0.96) in Q3 and $16.5M ($0.96) in Q4 2024.","Full-year 2025 net income $58.5M ($3.44 EPS) up 17.8% from $49.7M ($2.92) in 2024.","Net interest margin 4.00% in Q4 vs 3.75% a year ago; average cost of deposits fell to 2.01%.","Loans held for investment $3.14B (up 2.9% YoY); total assets $4.48B; tangible book value $29.05/share.","In December 2025 entered definitive agreement to acquire BOH Holdings (Bank of Houston) with ~$772M assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-002400","json":"https://secwatch.observer/filing/0001140361-26-002400.json","markdown":"https://secwatch.observer/filing/0001140361-26-002400.md","text":"https://secwatch.observer/filing/0001140361-26-002400.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163668/000114036126002400/0001140361-26-002400-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163668/000114036126002400/ef20063874_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T07:49:20.817260+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"}