South Plains Financial Files 8-K
Ticker: SPFI · Form: 8-K · Filed: Aug 26, 2025 · CIK: 1163668
| Field | Detail |
|---|---|
| Company | South Plains Financial, Inc. (SPFI) |
| Form Type | 8-K |
| Filed Date | Aug 26, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-update, financials, filing
Related Tickers: SPFI
TL;DR
SPFI filed an 8-K on 8/26 for 8/20 events, including bylaw changes and financials.
AI Summary
South Plains Financial, Inc. filed an 8-K on August 26, 2025, reporting events that occurred on August 20, 2025. The filing primarily concerns amendments to its articles of incorporation or bylaws and the submission of financial statements and exhibits. The company, incorporated in Texas, is a commercial bank.
Why It Matters
This filing indicates updates to the company's foundational documents and the release of financial information, which are crucial for investors to assess the company's current status and future prospects.
Risk Assessment
Risk Level: low — This is a routine filing for corporate updates and financial disclosures, not indicating immediate significant risk.
Key Numbers
- 001-38895 — SEC File Number (Identifies the company's filing with the SEC)
- 75-2453320 — IRS Employer Identification No. (Tax identification number for the company)
Key Players & Entities
- SOUTH PLAINS FINANCIAL, INC. (company) — Registrant
- August 20, 2025 (date) — Earliest event reported
- August 26, 2025 (date) — Filing date
- Texas (location) — State of incorporation
- Lubbock (location) — City of principal executive offices
FAQ
What specific amendments were made to South Plains Financial's articles of incorporation or bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the summary information.
What type of financial statements and exhibits were filed?
The filing states that financial statements and exhibits were submitted, but the specific nature or content of these documents is not detailed in the provided text.
When did the events reported in this 8-K filing occur?
The earliest event reported occurred on August 20, 2025.
What is the principal business of South Plains Financial, Inc.?
South Plains Financial, Inc. operates in the sector of State Commercial Banks.
Where is South Plains Financial, Inc. headquartered?
The company's principal executive offices are located in Lubbock, Texas.
Filing Stats: 660 words · 3 min read · ~2 pages · Grade level 11.8 · Accepted 2025-08-26 17:13:41
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 per share SPFI The Nasdaq Stock Mar
Filing Documents
- ef20054566_8k.htm (8-K) — 32KB
- ef20054566_ex3-1.htm (EX-3.1) — 212KB
- 0001140361-25-032756.txt ( ) — 410KB
- spfi-20250820.xsd (EX-101.SCH) — 4KB
- spfi-20250820_lab.xml (EX-101.LAB) — 22KB
- spfi-20250820_pre.xml (EX-101.PRE) — 16KB
- ef20054566_8k_htm.xml (XML) — 4KB
03
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On August 20, 2025, the Board of Directors (the "Board") of South Plains Financial, Inc., a Texas corporation (the "Company"), approved and adopted the Third Amended and Restated Bylaws of the Company (the "Amended Bylaws"), effective immediately. The Amended Bylaws amend and restate the Second Amended and Restated Bylaws of the Company, as amended and restated as of October 29, 2021, in order to implement recent legislative changes to the Texas Business Organizations Code (the "TBOC") including, among other things: adopting an ownership threshold requiring any shareholder or group of shareholders to hold shares of common stock sufficient to meet an ownership threshold of at least 3% of the Company's issued and outstanding shares in order to institute or maintain a derivative proceeding; electing to be governed by the new Section 21.419 of the TBOC; providing that, unless the Company consents otherwise, the sole and exclusive forum for "internal entity claims" (as defined under the TBOC) shall be the Texas Business Court in the Ninth Business Court Division, or, if that court does not have jurisdiction, the United States District Court for the Northern District of Texas, or, if that court also lacks jurisdiction, a Texas state district court located in Lubbock County, Texas; and adding a waiver of jury trial for "internal entity claims" (as defined in the TBOC). The foregoing description of the Amended Bylaws is only a summary and is qualified in its entirety by reference to the full text of the Amended Bylaws, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 3.1 Third Amended and Restated Bylaws of South Plains Financial, Inc., as amended and restated on August 20, 2025. 104 Cover Page Interactive Data File (formatted as Inline XBRL).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOUTH PLAINS FINANCIAL, INC. Dated: August 26, 2025 By: /s/ Steven B. Crockett Steven B. Crockett Chief Financial Officer and Treasurer