South Plains Financial, Inc. SPFI Foreclosed Assets Valuation Adjustments
Foreclosed Assets Valuation Adjustments at other companies
Other financials
Where this comes from
Reported directly by South Plains Financial, Inc. in its filing.
Tagged under the XBRL concept spfi:ForeclosedAssetsValuationAdjustments.
The official record: South Plains Financial, Inc.’s 10-K, filed March 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is South Plains Financial, Inc.'s foreclosed assets valuation adjustments?
- South Plains Financial, Inc. (SPFI) reported foreclosed assets valuation adjustments of -$25K in Q4 2025.
- How has South Plains Financial, Inc.'s foreclosed assets valuation adjustments changed year-over-year?
- South Plains Financial, Inc.'s foreclosed assets valuation adjustments increased by 7.4% year-over-year, from -$27K to -$25K.
- What does foreclosed assets valuation adjustments mean?
- Reflects the periodic changes in the carrying value of foreclosed assets to align them with their current fair value, less estimated costs to sell. These adjustments capture market-driven fluctuations in the value of repossessed collateral. Frequent or large downward adjustments may indicate deteriorating market conditions or initial overvaluation of the underlying collateral.