South Plains Financial, Inc. SPFI Financing Receivable Allowance For Credit Losses Recovery
Financing Receivable Allowance For Credit Losses Recovery at other companies
Other financials
Where this comes from
Reported directly by South Plains Financial, Inc. in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossesRecovery.
The official record: South Plains Financial, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is South Plains Financial, Inc.'s financing receivable allowance for credit losses recovery?
- South Plains Financial, Inc. (SPFI) reported financing receivable allowance for credit losses recovery of $487K in Q1 2026.
- How has South Plains Financial, Inc.'s financing receivable allowance for credit losses recovery changed year-over-year?
- South Plains Financial, Inc.'s financing receivable allowance for credit losses recovery increased by 184.8% year-over-year, from $171K to $487K.
- What is the long-term trend for South Plains Financial, Inc.'s financing receivable allowance for credit losses recovery?
- Over 4 years (2021 to 2025), South Plains Financial, Inc.'s financing receivable allowance for credit losses recovery has grown at a 6.6% compound annual growth rate (CAGR), from $865K to $1.12M.
- What does financing receivable allowance for credit losses recovery mean?
- Reflects the amount of cash collected on loans that were previously written off as uncollectible. Recoveries indicate successful collection efforts and can partially offset the impact of credit losses on the income statement. A steady recovery rate suggests effective workout and collection processes.