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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.49% | 1.62% | 1.49% | 1.46% | 1.60% | +12 bps | |
| Return on Equity | 14.76% | 15.83% | 14.46% | 14.29% | 15.07% | +31 bps | |
| Net Interest Margin | 3.97% | 3.99% | 3.88% | 3.84% | 3.87% | -10 bps | |
| Efficiency Ratio | 58.33% | 58.30% | 58.30% | 61.02% | 59.62% | +129 bps | |
| Non-Interest Burden | 1.86% | 1.91% | 1.87% | 1.96% | 1.88% | +1 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.38% | 3.26% | 5.86% | 5.47% | 23.53% | +2,016 bps | |
| Loan Growth (YoY) | 0.17% | 0.58% | 2.57% | 1.00% | 21.40% | +2,123 bps | |
| Deposit Growth (YoY) | 3.56% | 3.49% | 6.13% | 5.58% | 22.57% | +1,901 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.34% | 0.32% | 0.32% | 0.16% | 0.25% | -8 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.17% | 0.10% | 0.04% | 0.06% | 0 bps | |
| Allowance / Loans | 1.44% | 1.44% | 1.43% | 1.44% | 1.40% | -4 bps | |
| Allowance Coverage of NPLs | 4.3x | 4.5x | 4.5x | 8.8x | 5.6x | +1.3x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.88% | 10.94% | 10.90% | 10.90% | 10.79% | -9 bps | |
| Total Risk-Based Capital | 14.82% | 15.11% | 14.91% | 15.04% | 14.50% | -31 bps | |
| Equity / Assets | 10.17% | 10.24% | 10.38% | 10.09% | 11.11% | +94 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 80.89% | 77.59% | 79.78% | 75.81% | 80.12% | -77 bps | |
| Liquid Assets / Assets | 9.40% | 12.93% | 11.03% | 14.56% | 13.48% | +408 bps | |
| CRE / Total Capital | n/a | 315% | 320% | 315% | n/a | n/a | |