SOUTH PLAINS FINANCIAL, INC. (SPFI) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Interest income:
Interest income on loans	155.6	148.2	138.0	130.3	126.7	120.6	120.5	119.6
Interest income on investments	24.2	22.4	19.5	16.9	15.1	14.0	14.1	14.5
	185.6	175.5	161.2	149.5	142.9	135.1	135.0	134.4
Interest on deposits	38.6	26.5	17.0	10.7	8.2	8.0	8.3	8.7
Total interest expense	45.3	32.7	22.7	15.9	13.2	13.0	13.3	13.7
Net interest income	140.3	142.8	138.5	133.6	129.7	122.2	121.8	120.7
Net interest income after provision for loan losses	140.3	142.8	138.5	133.6	129.7	122.2	121.8	120.7
Deposit and loan fees	6.9	6.8	6.8	7.1	7.2	7.2	7.0	6.9
Other non-interest income	84.5	56.4	69.3	79.3	84.1	87.5	90.5	93.8
Total non-interest income	91.4	63.1	76.1	86.4	91.3	94.7	97.5	100.7
Non-interest expenses	143.0	138.5	144.1	147.5	148.2	148.9	148.0	148.4
Pre-tax income before non-recurring items	118.1	67.0	73.2	75.4	74.8	72.0	73.1	74.8
Non-recurring items	33.5
Pre-tax income	84.6	67.0	73.2	75.4	74.8	72.0	73.1	74.8
Income taxes	17.6	13.8	14.9	15.1	14.9	14.3	14.5	14.8
Tax rate	20.8%	20.6%	20.4%	20.1%	19.9%	19.8%	19.8%	19.9%
Net income	67.0	53.2	58.2	60.2	60.0	57.7	58.6	59.9
Net margin	27.8%	24.6%	25.8%	26.2%	26.1%	25.6%	25.8%	26.1%

Basic EPS	$3.90	$3.08	$3.33	$3.42	$3.37	$3.22	$3.26	$3.32
Diluted EPS	$3.78	$2.98	$3.22	$3.31	$3.27	$3.12	$3.17	$3.24

Shares outstanding (basic)	17.2	17.3	17.5	17.6	17.8	17.9	18.0	18.0
Shares outstanding (diluted)	17.7	17.9	18.1	18.2	18.3	18.5	18.5	18.5

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.