Lubbock, TX · Cert 25103 · South Plains Financial Inc.
State charter, non-member · FDIC · 27 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets operating regionally (n=176). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
64
Asset Quality
65
Profitability
54
Liquidity
44
Efficiency
45
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Lubbock, TX · Cert 25103 · South Plains Financial Inc.
State charter, non-member · FDIC · 27 branches
Q2 2026
Market Position · Lubbock, TX · 2026 SOD (annual) · 19.3% share · #1 of 31 inst. · $2.8B of $14.3B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.21% | 1.34% | 1.29% | 1.39% | 1.47% | 1.47% | 1.46% | 1.52% | +13 bps | |
| Return on Equity | 11.98% | 13.17% | 12.68% | 13.72% | 14.40% | 14.42% | 14.29% | 14.40% | +68 bps | |
| Net Interest Margin | 3.50% | 3.54% | 3.67% | 3.79% | 3.84% | 3.82% | 3.84% | 3.58% | -20 bps | |
| Efficiency Ratio | 64.31% | 61.76% | 63.89% | 60.97% | 60.05% | 59.61% | 61.02% | 60.26% | -71 bps | |
| Non-Interest Burden | 1.88% | 1.77% | 2.00% | 1.91% | 1.91% | 1.88% | 1.96% | 1.77% | -14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.63% | 0.67% | 4.44% | 3.38% | 3.26% | 5.86% | 5.47% | 23.53% | +2,016 bps | |
| Loan Growth (YoY) | 1.16% | 1.55% | 2.06% | 0.17% | 0.58% | 2.57% | 1.00% | 21.40% | +2,123 bps | |
| Deposit Growth (YoY) | 2.94% | 0.33% | 4.52% | 3.56% | 3.49% | 6.13% | 5.58% | 22.57% | +1,901 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.81% | 0.78% | 0.21% | 0.34% | 0.32% | 0.32% | 0.16% | 0.25% | -8 bps | |
| Net Charge-Offs / Loans | 0.11% | 0.11% | 0.07% | 0.06% | 0.10% | 0.10% | 0.04% | 0.05% | -2 bps | |
| Allowance / Loans | 1.41% | 1.41% | 1.39% | 1.44% | 1.44% | 1.43% | 1.44% | 1.40% | -4 bps | |
| Allowance Coverage of NPLs | 1.7x | 1.8x | 6.6x | 4.3x | 4.5x | 4.5x | 8.8x | 5.6x | +1.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.81% | 10.96% | 10.93% | 10.88% | 10.94% | 10.90% | 10.90% | 10.79% | -9 bps | |
| Total Risk-Based Capital | 14.61% | 14.73% | 14.74% | 14.82% | 15.11% | 14.91% | 15.04% | 14.50% | -31 bps | |
| Equity / Assets | 10.30% | 10.33% | 9.99% | 10.17% | 10.24% | 10.38% | 10.09% | 11.11% | +94 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.84% | 82.55% | 79.25% | 80.89% | 77.59% | 79.78% | 75.81% | 80.12% | -77 bps | |
| Liquid Assets / Assets | 9.46% | 7.21% | 10.91% | 9.40% | 12.93% | 11.03% | 14.56% | 13.48% | +408 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 315% | 320% | 315% | n/a | n/a | |
Lubbock, TX · Cert 25103 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · South Plains Financial Inc.
State charter, non-member · FDIC · 27 branches
Q2 2026
Return on Assets
1.37%
Rank 68 of 176
Net Interest Margin
3.58%
Rank 89 of 176
Efficiency Ratio
60.67%
Rank 97 of 176
Equity / Assets
11.11%
Rank 66 of 176
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.37% | 0.93% | 1.26% | 1.54% | Beats 61% | 68 / 176 | ||
| Return on Equity | 12.28% | 9.26% | 11.89% | 14.46% | Beats 53% | 82 / 176 | ||
| Net Interest Margin | 3.58% | 3.25% | 3.59% | 3.93% | Beats 49% | 89 / 176 | ||
| Efficiency Ratio | 60.67% | 52.79% | 59.55% | 67.66% | Beats 45% | 97 / 176 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.25% | 0.30% | 0.64% | 1.32% | Beats 81% | 34 / 176 | ||
| Net Charge-Offs / Loans | 0.04% | 0.01% | 0.04% | 0.10% | Beats 48% | 92 / 176 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 13.39% | 11.15% | 12.72% | 14.15% | Beats 64% | 63 / 176 | ||
| Total Risk-Based Capital Ratio | 14.50% | 11.81% | 13.63% | 15.33% | Beats 65% | 62 / 176 | ||
| Equity / Assets | 11.11% | 9.16% | 10.35% | 11.80% | Beats 63% | 66 / 176 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 80.12% | 80.94% | 89.73% | 97.21% | 20th pctl | 140 / 176 | ||
| Loans / Assets | 70.21% | 69.25% | 75.12% | 80.82% | 28th pctl | 126 / 176 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||