What does foreclosed assets valuation allowance mean?

This represents the specific valuation reserves established to account for potential losses on foreclosed assets held by the bank. It reflects management's estimate of the difference between the carrying value of the foreclosed property and its expected net realizable value. Adjustments to this allowance provide insight into the bank's ability to accurately value and liquidate repossessed collateral.

South Plains Financial, Inc. SPFI Foreclosed Assets Valuation Allowance

Foreclosed Assets Valuation Allowance at other companies

Equity BancsharesEQBK

$12K—

Equity BancsharesEQBK

$0—

Trustco Bank CorpTRST

$30K-55.2%

Business First BancsharesBFST

-$69K—

Equity BancsharesEQBK

$12K—

Financial InstitutionsFISI

$83K+43.1%

Other financials

Income statement

See full

Revenue$54.1M+10.2%

Net income$14.5M+18.3%

EPS (diluted)$0.85+18.1%

Balance sheet

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Cash & equivalents$722.0M+34.6%

Total debt$7.9M-10.9%

Total equity$504.9M+13.8%

Total assets$4.6B+5.5%

Cash flow

See full

Operating cash flow$16.2M-38.0%

CapEx$1.4M+19.3%

Free cash flow$14.8M-40.6%

Valuation

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Market cap$807.57M+41.4%

P/E13.3×+2.1×

P/S3.7×+0.8×

Profitability

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Net margin28%+2.1pp

FCF margin28.4%-3.1pp

Returns & leverage

See full

Return on equity12.8%+0.8pp

Debt / equity0×0.0×

Where this comes from

Reported directly by South Plains Financial, Inc. in its filing.

Tagged under the XBRL concept spfi:ForeclosedAssetsValuationAllowance.

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 allowance?: South Plains Financial, Inc. (SPFI) reported foreclosed assets valuation allowance of $208K in Q4 2025.
What does foreclosed assets valuation allowance mean?: This represents the specific valuation reserves established to account for potential losses on foreclosed assets held by the bank. It reflects management's estimate of the difference between the carrying value of the foreclosed property and its expected net realizable value. Adjustments to this allowance provide insight into the bank's ability to accurately value and liquidate repossessed collateral.