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  <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">As filed with the Securities and Exchange Commission on May 22, 2019</div>
  <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Registration No. 333-[&#9679;]</font>
    <hr style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"></div>
  <div style="text-align: center; font-size: 14pt;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">UNITED STATES</font></div>
  <font style="font-size: 14pt;"> </font>
  <div style="text-align: center; font-size: 14pt;"><font style="font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></div>
  <div style="text-align: center;"><font style="font-size: 12pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Washington, D.C. 20549</font> <br>
    <hr style="height: 2px; width: 10%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"><font style="font-size: 18pt; font-weight: bold;">FORM S-8</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">REGISTRATION STATEMENT</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">UNDER THE SECURITIES ACT OF 1933</font></div>
  <div style="text-align: center;">
    <hr style="height: 2px; width: 10%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade">&#160;&#160;&#160;&#160;<font style="font-weight: bold; font-size: 24pt;">&#160;&#160; SOUTH
      PLAINS FINANCIAL, INC.</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Exact name of registrant as specified in its charter)</font></div>
  <div><br>
  </div>
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          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Texas</font></div>
        </td>
        <td style="width: 50%; vertical-align: bottom;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">75-2453320</font></div>
        </td>
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        <td style="width: 50%; vertical-align: top;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(State or other jurisdiction</font></div>
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">of incorporation or organization)</font></div>
        </td>
        <td style="width: 50%; vertical-align: top;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(I.R.S. Employer</font></div>
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Identification Number)</font></div>
        </td>
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        <td style="width: 50%; vertical-align: bottom;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
            </font></div>
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">5219 City Bank Parkway</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Lubbock, Texas</font></div>
        </td>
        <td style="width: 50%; vertical-align: bottom;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">79407</font></div>
        </td>
      </tr>
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        <td style="width: 50%; vertical-align: bottom;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Address of Principal Executive Offices)</font></div>
        </td>
        <td style="width: 50%; vertical-align: bottom;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Zip Code)</font></div>
        </td>
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  <div><br>
  </div>
  <div><br>
  </div>
  <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">South Plains Financial, Inc. </font>2019













      Equity Incentive Plan</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"></font></div>
  <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: normal;">(Full title of the plan)</font> </div>
  <div><font style="font-weight: normal;"><br>
    </font> </div>
  <font style="font-weight: normal;"> </font>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Curtis C. Griffith</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Chairman and Chief Executive Officer</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">South Plains Financial, Inc.</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">5219 City Bank Parkway</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Lubbock, Texas 79407</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Name and address of agent for service)</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(806) 792-7101</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Telephone number, including area code, of agent for service)</font>&#160;&#160;&#160;&#160; <br>
    <hr style="height: 2px; width: 10%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade">
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Copies to:</div>
    <div style="text-align: center; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Peter G. Weinstock</font></div>
    <div style="text-align: center; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Heather A. Eastep</font></div>
    <div style="text-align: center; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Hunton Andrews Kurth LLP</font></div>
    <div style="text-align: center; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1445 Ross Avenue, Suite 3700</font></div>
    <div style="text-align: center; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Dallas, Texas 75202</font></div>
    <div style="text-align: center; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(214) 979-3000</font></div>
    <div style="text-align: center; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(214) 880-0011 (facsimile)</font><br>
    </div>
    <div>
      <hr style="height: 2px; width: 10%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
  </div>
  <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a
      smaller reporting company, or an emerging growth company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</font></div>
  <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <br>
  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z22a3c008d3c94870b18bfe01bf3689d3" border="0" cellpadding="0" cellspacing="0">

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        <td style="width: 31.52%; vertical-align: bottom;">
          <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Large accelerated filer</div>
        </td>
        <td style="width: 25%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font></div>
        </td>
        <td style="width: 24.54%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Accelerated filer</font></div>
        </td>
        <td style="width: 19%; vertical-align: bottom;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 31.52%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Non-accelerated filer</font></div>
        </td>
        <td style="width: 25%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: Wingdings;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9745;</font>
              </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Do not check if a smaller reporting company)</font></font></div>
        </td>
        <td style="width: 24.54%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Smaller reporting company</font></div>
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Emerging growth company</font></div>
        </td>
        <td style="width: 19%; vertical-align: top;">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font></div>
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9745;</font></div>
        </td>
      </tr>

  </table>
  <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"></font> <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If an emerging growth company, indicate by check mark if the registrant has elected not to
    use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font></font>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
    </font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CALCULATION OF REGISTRATION FEE</font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
    </font></div>
  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z95d4a00eb8524f099d51c3c3a4742645" border="0" cellpadding="0" cellspacing="0">

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        <td style="width: 36%; vertical-align: bottom; border-width: 4px 2px 2px; border-style: double solid solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Title of Securities</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">to be Registered</font></div>
        </td>
        <td style="width: 13%; vertical-align: bottom; border-width: 4px 2px 2px; border-style: double solid solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount to be Registered</font></div>
        </td>
        <td style="width: 18.68%; vertical-align: bottom; border-width: 4px 2px 2px; border-style: double solid solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed Maximum</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Offering Price</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Per Share</font></div>
        </td>
        <td style="width: 18.68%; vertical-align: bottom; border-width: 4px 2px 2px; border-style: double solid solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed Maximum</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Aggregate Offering</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Price</font></div>
        </td>
        <td style="width: 13.04%; vertical-align: bottom; border-width: 4px 2px 2px; border-style: double solid solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount of</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Registration</font></div>
          <div style="text-align: center;">&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Fee</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 36%; vertical-align: middle; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Common Stock, par value $1.00 per share</font></div>
        </td>
        <td style="border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: middle; white-space: nowrap; width: 13%;">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,188,000 shares <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(1)</font></font></div>
        </td>
        <td style="width: 18.68%; vertical-align: middle; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$17.50 <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(2)</font></font></div>
        </td>
        <td style="width: 18.68%; vertical-align: middle; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$55,790,000<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> (2)</font></font></div>
        </td>
        <td style="width: 13.04%; vertical-align: middle; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$6,761.75</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify;">
    <div>
      <div> <br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zbd5d54536830401b92a25622b38d374e" cellpadding="0" cellspacing="0">

          <tr>
            <td style="vertical-align: top; width: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">This Registration Statement on Form S-8 (this &#8220;Registration Statement&#8221;) covers an aggregate of 3,188,000 shares of common stock, par value $1.00 per share (the
                  &#8220;Common Stock&#8221;) of South Plains Financial, Inc., a Texas corporation (the &#8220;Registrant&#8221;) reserved for issuance under the South Plains Financial, Inc. 2019 Equity Incentive Plan (the &#8220;Plan&#8221;). The number of shares to be registered under the
                  plan is: the Plan&#8212;2,300,000, plus 888,000 shares that may be added in the future pursuant to the &#8220;evergreen&#8221; provisions of the&#160; Plan.&#160; The &#8220;evergreen&#8221; provision in the Plan provides that on the first day of each fiscal year, an additional
                  number of shares equal to the lesser of: (i) three percent (3%) of the total issued and outstanding common shares of the Registrant on the first day of such fiscal year, or (ii) such lesser amount determined by the board of directors will
                  be added to the shares of Common Stock authorized for issuance under the Plan.&#160; Pursuant to Rule 416 under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), this Registration Statement also covers an indeterminate number of
                  additional shares of Common Stock that become issuable under the Plan as may be necessary to adjust the number of shares being offered or issued pursuant to the Plan as a result of stock splits, stock dividends or similar transactions.</font></div>
            </td>
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      </table>
    </div>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z9f55d4794e6040b7a43b0bb823ee00a5" cellpadding="0" cellspacing="0">

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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Estimated solely for the purposes of calculating the amount of the registration fee pursuant to Rule 457(h) of the Securities Act.&#160; The proposed maximum
                  offering price per share and the proposed maximum aggregate offering price are based upon a price of $17.50 per share of Common Stock, which is the initial public offering price set forth on the cover page of the Registrant&#8217;s final
                  prospectus pursuant to Rule 424(b) under the Securities Act, dated May 8, 2019, relating to its initial public offering.</font></div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
    </div>
  </div>
  <div style="text-align: justify;">
    <div>
      <div> </div>
    </div>
  </div>
  <div>
    <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"> </div>
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  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">PART I</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="background-color: #FFFFFF; font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Registrant will
        send or give to all participants in the Plan document(s) containing the information required in Part I of Form S-8, as specified in Rule 428(b)(1) promulgated by the Securities and Exchange Commission (the &#8220;Commission&#8221;) under the Securities Act. In
        accordance with Rule 428(b)(2), the Registrant has not filed such document(s) with the Commission, but such document(s) (along with the documents incorporated by reference into this Registration Statement pursuant to Item 3 of Part II hereof) shall
        constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.&#160; The Registrant shall make available, without charge, upon written or oral request, additional copies of documents required to be delivered to participants
        pursuant to Rule 428(b).</font></font></div>
  <br>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">PART II</font></div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Incorporation














      of Documents by Reference.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Except to the extent that information is deemed furnished and not filed pursuant to securities laws and regulations, the
      Registrant incorporates by reference in this Registration Statement the following documents and information previously filed with the Commission, which shall be deemed a part hereof:</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1) The Registrant&#8217;s prospectus filed pursuant to <a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119008813/s002614x11_424b4.htm">Rule 424(b)</a> under the Securities Act filed with the Commission on May 9, 2019 relating to the Registrant&#8217;s registration statement on <a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007042/s002614x4_s1.htm">Form S-1</a> filed by the Registrant on April 12, 2019 (File No. 333-230851) (the &#8220;Form S-1 Registration Statement&#8221;); and<br>
    </font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2) The description of the Common Stock under the caption &#8220;Description of Capital Stock&#8221; contained in the prospectus forming
      part of the Registrant&#8217;s Form S-1 Registration Statement, which description has been incorporated by reference in Item 1 of the Registrant&#8217;s Registration Statement on <a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119008441/nc10001583x1_8a12b.htm">Form 8-A</a><a name="Form8-A"><!--Anchor--></a> (File No. 001-38895), filed pursuant to Section 12 of the Exchange Act, on May 6, 2019, including any
      amendment or report filed for the purpose of updating such description.<br>
    </font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Except to the extent that information is deemed furnished and not filed pursuant to securities laws and regulations, all
      documents filed with the Commission by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act and all reports on Form 8-K subsequent to the date of this Registration Statement and prior to the filing of a post-effective
      amendment to this Registration Statement that indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to
      be a part hereof from the date of filing of such documents.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Any statement contained herein or in a document incorporated or deemed to be incorporated herein by reference shall be
      deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is, or is deemed to be, incorporated by reference herein modifies or
      supersedes such statement.&#160; Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 4.&#160; Description of Securities.</font></div>
  <div><br>
  </div>
  <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Not applicable.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 5.&#160; Interests of Named Experts and Counsel.</font></div>
  <div><br>
  </div>
  <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Not applicable.</font></div>
  <div><br>
  </div>
  <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 6.&#160; Indemnification of Directors and Officers.</font></div>
  <div><br>
  </div>
  <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Texas Business Organizations Code (&#8220;TBOC&#8221;) permits a Texas corporation to limit in its charter the liability of the
      corporation&#8217;s directors to the corporation or its shareholders for conduct in the performance of such director&#8217;s duties. However, Texas law does not permit any limitation of liability of a director who is found liable to the corporation or is found
      liable because the director improperly received a personal benefit for: (1) breaching a</font></div>
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  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">duty of loyalty owed to the corporation<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>(2)













      failing to act in good faith that constitutes a breach of a duty owed by the person to the corporation<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>or (3) engaging in willful or intentional misconduct
      in the performance of a director&#8217;s duty to the corporation. The Registrant&#8217;s amended and restated certificate of formation provides that a director of the Registrant will not be liable to the Registrant or its shareholders to the fullest extent
      permitted by Texas law.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Sections 8.101 and 8.103 of the TBOC provide that a Texas corporation may indemnify a person who was, is, or is
      threatened to be a named defendant or respondent in a proceeding because the person is or was a director only if a determination is made that such indemnification is permissible under the TBOC: (1) by a majority vote of the directors who at the time
      of the vote are disinterested and independent, regardless of whether such directors constitute a quorum<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>(2) by a majority vote of a board committee
      designated by a majority of disinterested and independent directors and consisting solely of disinterested and independent directors<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>(3) by special legal
      counsel selected by the board of directors or a committee of the board of directors as set forth in (1) or (2)<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>(4) by the shareholders in a vote that
      excludes the shares held by directors who are not disinterested and independent<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>or, (5) by unanimous vote of the shareholders. The power to indemnify
      applies only if such person acted in good faith and, in the case of conduct in the person&#8217;s official capacity as a director, in a manner he reasonably believed to be in the best interest of the corporation, and, in all other cases, that the person&#8217;s
      conduct was not opposed to the best interest of the corporation, and with respect to any criminal action or proceeding, that such person had no reasonable cause to believe his conduct was unlawful.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Section 8.104 of the TBOC provides that a Texas corporation may pay or reimburse, in advance of the final
      disposition of the proceeding, reasonable expenses incurred by a present director who was, is, or is threatened to be made a named defendant or respondent in a proceeding after the corporation receives a written affirmation by the director of his
      good faith belief that he has met the standard of conduct necessary for indemnification under Section 8.101 of the TBOC and a written undertaking by or on behalf of the director to repay the amount paid or reimbursed if it is ultimately determined
      that he has not met that standard or if it is ultimately determined that indemnification of the director is not otherwise permitted under the TBOC. Section 8.105 of the TBOC also provides that reasonable expenses incurred by a former director or
      officer, or a present or former employee or agent of the corporation, who was, is, or is threatened to be made a named defendant or respondent in a proceeding may be paid or reimbursed by the corporation, in advance of the final disposition of the
      action, as the corporation considers appropriate.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Section 8.105 of the TBOC provides that a corporation may indemnify and advance expenses to a person who is not a
      director, including an officer, employee, or agent of the corporation as provided by: (1) the corporation&#8217;s governing documents<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>(2) an action by the
      corporation&#8217;s governing authority<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>(3) resolution by the shareholders<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>(4)













      contract<font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">; </font>or (5) common law. As consistent with Section 8.105 of the TBOC, a corporation may indemnify and advance expenses to persons who are not directors
      to the same extent that a corporation may indemnify and advance expenses to directors.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">The Registrant&#8217;s amended and restated certificate of formation provides that, to the fullest extent and under the
      circumstances permitted by Chapter 8 of the TBOC, (1) the Registrant must indemnify and advance expenses to directors and officers, and (2) the Registrant may purchase and maintain insurance on behalf of our directors and officers.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">The Registrant also maintains directors&#8217; and officers&#8217; liability insurance.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">The form of Underwriting Agreement filed as Exhibit 1.1 to the Form S-1 Registration Statement obligates the
      underwriters to indemnify our directors, officers and controlling persons under limited circumstances against certain liabilities under the Securities Act.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Item 7.&#160; Exemption from Registration Claimed.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Not applicable.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Item 8.&#160; Exhibits.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">The exhibits to this Registration Statement are listed in the Exhibit Index that immediately precedes such exhibits
      and are incorporated herein by reference.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Item 9.&#160; Undertakings.</font></div>
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            <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The undersigned Registrant hereby undertakes:</font></div>
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  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="ze0b5f04072a24a6689ecd2909b757f73" cellpadding="0" cellspacing="0">

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            <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</font></div>
            </td>
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    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z97ba3f54f7a04a53b7496d822ef83beb" cellpadding="0" cellspacing="0">

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            <td style="vertical-align: top; width: 45pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">i.</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To include any prospectus required by Section 10(a)(3) of the Securities Act;</font></div>
            </td>
          </tr>

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  </div>
  <div><br>
  </div>
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    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z50dcc6103a0e433dbc8c11b7c0d811b6" cellpadding="0" cellspacing="0">

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            <td style="width: 45pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">iii.</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment
                  thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the
                  total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission
                  pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change in the maximum aggregate offering price set forth in the &#8220;Calculation of Registration Fee&#8221; table in the effective
                  Registration Statement;</font></div>
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    </div>
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            <td style="width: 45pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">iii.</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to
                  such information in this Registration Statement;</font></div>
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    </div>
  </div>
  <div style="text-align: justify; text-indent: -9pt; margin-left: 108pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <div style="text-align: justify; text-indent: 18pt; margin-left: 72pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">provided,














        however</font>, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the
      Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in this Registration Statement.</font></div>
  <div><br>
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            <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration
                  statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</font></div>
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            <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the
                  offering.</font></div>
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            <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#8217;s annual
                  report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#8217;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this
                  Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</font></div>
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            <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant
                  pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.
                  In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any
                  action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by
                  controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SIGNATURES</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable
      grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Lubbock, State of Texas, on May
      22, 2019.</font></div>
  <div><br>
  </div>
  <div style="text-align: left; margin-left: 216pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"></font></div>
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        <td colspan="2" rowspan="1" style="vertical-align: bottom;">&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SOUTH PLAINS FINANCIAL, INC.</font></td>
      </tr>
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        <td rowspan="1" colspan="1" style="width: 50%; vertical-align: bottom;">&#160;</td>
        <td rowspan="1" style="width: 5%; vertical-align: bottom;">&#160;</td>
        <td rowspan="1" style="width: 25%; vertical-align: bottom;">&#160;</td>
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        <td style="width: 5%; vertical-align: bottom;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">By:</font></div>
        </td>
        <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Curtis C. Griffith</font></div>
          </div>
        </td>
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        <td colspan="1" style="width: 50%; vertical-align: bottom;">&#160;</td>
        <td style="width: 5%; vertical-align: bottom;">&#160;</td>
        <td style="width: 25%; vertical-align: bottom;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Curtis C. Griffith,</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="1" style="width: 50%; vertical-align: bottom;">&#160;</td>
        <td style="width: 5%; vertical-align: bottom;">&#160;</td>
        <td style="width: 25%; vertical-align: bottom;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Chairman and Chief Executive Officer</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"> <br>
    </font></div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">POWER OF ATTORNEY<a name="POWEROFATTORNEY"><!--Anchor--></a></font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Curtis C.
      Griffith and Cory T. Newsom, and each of them (with full power to each of them to act alone), his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place
      and stead, in any and all capacities, to sign any and all amendments (including, without limitation, post-effective amendments) to this Registration Statement on Form S-8 and to file the same with all exhibits thereto, and all documents in connection
      therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all
      intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his or her substitute or substitutes, may lawfully do or cause to be done by virtue
      hereof. This power of attorney may be executed in counterparts.</font></div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following
      persons in the capacities indicated on May 22, 2019.</font></div>
  <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> <br>
    </font></div>
  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z01804f1ef99d41b584a31eccd5e219bf" border="0" cellpadding="5" cellspacing="0">

      <tr>
        <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Signature</font></div>
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        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: bottom;">&#160;</td>
        <td style="width: 48.69%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Title</font></div>
          </div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: bottom;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Curtis C. Griffith</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td rowspan="2" style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Director (Chairman); Chief Executive Officer (principal executive officer)</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Curtis C. Griffith</font></div>
        </td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Cory T. Newsom</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td rowspan="2" style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Director and President</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cory T. Newsom</font></div>
        </td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Steven B. Crockett</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td rowspan="2" style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Chief Financial Officer and Treasurer (principal financial and accounting officer)</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Steven B. Crockett</font></div>
        </td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Richard D. Campbell</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Director</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Richard D. Campbell</font></div>
        </td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Cynthia B. Keith</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Director</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cynthia B. Keith</font></div>
        </td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Allison S. Navitskas</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Director</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Allison S. Navitskas</font></div>
        </td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Noe G. Valles</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Director</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Noe G. Valles</font></div>
        </td>
        <td colspan="1" style="vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td rowspan="1" colspan="2" style="vertical-align: top;">&#160;</td>
        <td rowspan="1" colspan="1" style="vertical-align: top;">&#160;</td>
        <td rowspan="1" style="width: 48.69%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div>
            <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Kyle R. Wargo</font></div>
          </div>
        </td>
        <td colspan="1" style="border-bottom: none; vertical-align: top;">&#160;</td>
        <td style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Director</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 48.69%; vertical-align: top;">
          <div style="text-align: left; margin-left: 2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Kyle R. Wargo</font></div>
        </td>
        <td colspan="2" style="vertical-align: top;">&#160;</td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div style="page-break-after:always;" id="DSPFPageBreak">
      <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
  </div>
  <div><br>
  </div>
  <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">EXHIBIT INDEX</font></div>
  <div><br>
  </div>
  <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Number</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Description</u></font></font></div>
  <div><br>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z96e90dc2b57c4e7a9cc48b3ca4643058" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 55pt;"><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007042/s002614x4_ex3-1.htm"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.1*</font></a></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Amended and Restated Certificate of Formation of South Plains Financial, Inc. (incorporated by reference to Exhibit 3.1 to the Registrant&#8217;s Form S-1 filed on
                  April 12, 2019, File No. 333-230851).</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z612a692ef540408a810ead91bc989c44" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 55pt;"><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007042/s002614x4_ex3-2.htm"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.2*</font></a></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Amended and Restated Bylaws of South Plains Financial, Inc. (incorporated by reference to Exhibit 3.2 to the Registrant&#8217;s Form S-1 filed on April 12, 2019, File
                  No. 333-230851).</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"><br>
    </a> </div>
  <a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"> </a>
  <div style="text-align: justify;"><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"> </a>
    <div><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"> </a> <a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"> </a><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"> </a><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"> </a>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z00040860923241598d58171f436478ed" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 55pt;"><a href="http://www.sec.gov/Archives/edgar/data/1163668/000114036119007758/s002614x6_ex10-1.htm"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.3*</font></a></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">South Plains Financial, Inc. 2019 Equity Incentive Plan (incorporated by reference to Exhibit 10.1 to the Registrant&#8217;s Form S-1/A filed on April 29, 2019, File
                  No. 333-230851).</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: justify;">
    <div> </div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z8ca744b2a7d94506b0019b32f60c374c" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 55pt;"><a href="s002614x9_ex5-1.htm"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.1</font></a></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Opinion of Hunton Andrews Kurth LLP.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z57a67c12bc2a43dc9b122603391e7ee6" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 55pt;"><a href="s002614x9_ex23-1.htm"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23.1</font></a></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Consent of Weaver and Tidwell, L.L.P.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z845edb5d57d546cd9cd9aa336f82d470" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 55pt;"><a href="s002614x9_ex5-1.htm"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23.2</font></a></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Consent of Hunton Andrews Kurth LLP (included as part of Exhibit 5.1).</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z8934a8f3aa4d4cfebd7db1ecf67a62ea" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 55pt;"><a href="#POWEROFATTORNEY"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24.1</font></a></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Powers of Attorney (included on the signature page of this Registration Statement).</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: -72pt; margin-left: 108pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">______________________</font></div>
  <div><br>
  </div>
  <div style="text-align: justify;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z934d1f793cda4b67b1d0ea19201d1ff3" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="vertical-align: top; width: 15pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">*</font></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"> Incorporated herein by reference as indicated.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div>
    <hr style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
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[{"type": "S-8", "sequence": "1", "filename": "s002614x9_s8.htm", "description": "FORM S-8", "secsgml_size_bytes": 76365}]
{"company-data": {"conformed-name": "SOUTH PLAINS FINANCIAL, INC.", "cik": "0001163668", "assigned-sic": "6022", "irs-number": "000000000", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-231667", "film-number": "19845175"}, "business-address": {"street1": "5219 CITY BANK PARKWAY", "city": "LUBBOCK", "state": "TX", "zip": "79407-3544", "phone": "806-792-7101"}, "mail-address": {"street1": "5219 CITY BANK PARKWAY", "city": "LUBBOCK", "state": "TX", "zip": "79407-3544"}, "former-company": {"former-conformed-name": "SOUTH PLAINS FINANCIAL INC", "date-changed": "20011214"}}
As filed with the Securities and Exchange Commission on May 22, 2019
Registration No. 333-[●]
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
SOUTH
      PLAINS FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
Texas
75-2453320
(State or other jurisdiction
of incorporation or organization)
(I.R.S. Employer
Identification Number)
5219 City Bank Parkway
Lubbock, Texas
79407
(Address of Principal Executive Offices)
(Zip Code)
South Plains Financial, Inc.
2019

      Equity Incentive Plan
(Full title of the plan)
Curtis C. Griffith
Chairman and Chief Executive Officer
South Plains Financial, Inc.
5219 City Bank Parkway
Lubbock, Texas 79407
(Name and address of agent for service)
(806) 792-7101
(Telephone number, including area code, of agent for service)
Copies to:
Peter G. Weinstock
Heather A. Eastep
Hunton Andrews Kurth LLP
1445 Ross Avenue, Suite 3700
Dallas, Texas 75202
(214) 979-3000
(214) 880-0011 (facsimile)
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a
      smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☐
Accelerated filer
☐
Non-accelerated filer
☑
(Do not check if a smaller reporting company)
Smaller reporting company
Emerging growth company
☐
☑
If an emerging growth company, indicate by check mark if the registrant has elected not to
    use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.
☐
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount to be Registered
Proposed Maximum
Offering Price
Per Share
Proposed Maximum
Aggregate Offering
Price
Amount of
Registration
Fee
Common Stock, par value $1.00 per share
3,188,000 shares
(1)
$17.50
(2)
$55,790,000
(2)
$6,761.75
(1)
This Registration Statement on Form S-8 (this "Registration Statement") covers an aggregate of 3,188,000 shares of common stock, par value $1.00 per share (the
                  "Common Stock") of South Plains Financial, Inc., a Texas corporation (the "Registrant") reserved for issuance under the South Plains Financial, Inc. 2019 Equity Incentive Plan (the "Plan"). The number of shares to be registered under the
                  plan is: the Plan—2,300,000, plus 888,000 shares that may be added in the future pursuant to the "evergreen" provisions of the  Plan.  The "evergreen" provision in the Plan provides that on the first day of each fiscal year, an additional
                  number of shares equal to the lesser of: (i) three percent (3%) of the total issued and outstanding common shares of the Registrant on the first day of such fiscal year, or (ii) such lesser amount determined by the board of directors will
                  be added to the shares of Common Stock authorized for issuance under the Plan.  Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement also covers an indeterminate number of
                  additional shares of Common Stock that become issuable under the Plan as may be necessary to adjust the number of shares being offered or issued pursuant to the Plan as a result of stock splits, stock dividends or similar transactions.
(2)
Estimated solely for the purposes of calculating the amount of the registration fee pursuant to Rule 457(h) of the Securities Act.  The proposed maximum
                  offering price per share and the proposed maximum aggregate offering price are based upon a price of $17.50 per share of Common Stock, which is the initial public offering price set forth on the cover page of the Registrant's final
                  prospectus pursuant to Rule 424(b) under the Securities Act, dated May 8, 2019, relating to its initial public offering.
PART I
The Registrant will
        send or give to all participants in the Plan document(s) containing the information required in Part I of Form S-8, as specified in Rule 428(b)(1) promulgated by the Securities and Exchange Commission (the "Commission") under the Securities Act. In
        accordance with Rule 428(b)(2), the Registrant has not filed such document(s) with the Commission, but such document(s) (along with the documents incorporated by reference into this Registration Statement pursuant to Item 3 of Part II hereof) shall
        constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.  The Registrant shall make available, without charge, upon written or oral request, additional copies of documents required to be delivered to participants
        pursuant to Rule 428(b).
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation

      of Documents by Reference.
Except to the extent that information is deemed furnished and not filed pursuant to securities laws and regulations, the
      Registrant incorporates by reference in this Registration Statement the following documents and information previously filed with the Commission, which shall be deemed a part hereof:
(1) The Registrant's prospectus filed pursuant to
Rule 424(b)
under the Securities Act filed with the Commission on May 9, 2019 relating to the Registrant's registration statement on
Form S-1
filed by the Registrant on April 12, 2019 (File No. 333-230851) (the "Form S-1 Registration Statement"); and
(2) The description of the Common Stock under the caption "Description of Capital Stock" contained in the prospectus forming
      part of the Registrant's Form S-1 Registration Statement, which description has been incorporated by reference in Item 1 of the Registrant's Registration Statement on
Form 8-A
(File No. 001-38895), filed pursuant to Section 12 of the Exchange Act, on May 6, 2019, including any
      amendment or report filed for the purpose of updating such description.
Except to the extent that information is deemed furnished and not filed pursuant to securities laws and regulations, all
      documents filed with the Commission by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act and all reports on Form 8-K subsequent to the date of this Registration Statement and prior to the filing of a post-effective
      amendment to this Registration Statement that indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to
      be a part hereof from the date of filing of such documents.
Any statement contained herein or in a document incorporated or deemed to be incorporated herein by reference shall be
      deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is, or is deemed to be, incorporated by reference herein modifies or
      supersedes such statement.  Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4.  Description of Securities.
Not applicable.
Item 5.  Interests of Named Experts and Counsel.
Not applicable.
Item 6.  Indemnification of Directors and Officers.
The Texas Business Organizations Code ("TBOC") permits a Texas corporation to limit in its charter the liability of the
      corporation's directors to the corporation or its shareholders for conduct in the performance of such director's duties. However, Texas law does not permit any limitation of liability of a director who is found liable to the corporation or is found
      liable because the director improperly received a personal benefit for: (1) breaching a
duty of loyalty owed to the corporation
;
(2)

      failing to act in good faith that constitutes a breach of a duty owed by the person to the corporation
;
or (3) engaging in willful or intentional misconduct
      in the performance of a director's duty to the corporation. The Registrant's amended and restated certificate of formation provides that a director of the Registrant will not be liable to the Registrant or its shareholders to the fullest extent
      permitted by Texas law.
Sections 8.101 and 8.103 of the TBOC provide that a Texas corporation may indemnify a person who was, is, or is
      threatened to be a named defendant or respondent in a proceeding because the person is or was a director only if a determination is made that such indemnification is permissible under the TBOC: (1) by a majority vote of the directors who at the time
      of the vote are disinterested and independent, regardless of whether such directors constitute a quorum
;
(2) by a majority vote of a board committee
      designated by a majority of disinterested and independent directors and consisting solely of disinterested and independent directors
;
(3) by special legal
      counsel selected by the board of directors or a committee of the board of directors as set forth in (1) or (2)
;
(4) by the shareholders in a vote that
      excludes the shares held by directors who are not disinterested and independent
;
or, (5) by unanimous vote of the shareholders. The power to indemnify
      applies only if such person acted in good faith and, in the case of conduct in the person's official capacity as a director, in a manner he reasonably believed to be in the best interest of the corporation, and, in all other cases, that the person's
      conduct was not opposed to the best interest of the corporation, and with respect to any criminal action or proceeding, that such person had no reasonable cause to believe his conduct was unlawful.
Section 8.104 of the TBOC provides that a Texas corporation may pay or reimburse, in advance of the final
      disposition of the proceeding, reasonable expenses incurred by a present director who was, is, or is threatened to be made a named defendant or respondent in a proceeding after the corporation receives a written affirmation by the director of his
      good faith belief that he has met the standard of conduct necessary for indemnification under Section 8.101 of the TBOC and a written undertaking by or on behalf of the director to repay the amount paid or reimbursed if it is ultimately determined
      that he has not met that standard or if it is ultimately determined that indemnification of the director is not otherwise permitted under the TBOC. Section 8.105 of the TBOC also provides that reasonable expenses incurred by a former director or
      officer, or a present or former employee or agent of the corporation, who was, is, or is threatened to be made a named defendant or respondent in a proceeding may be paid or reimbursed by the corporation, in advance of the final disposition of the
      action, as the corporation considers appropriate.
Section 8.105 of the TBOC provides that a corporation may indemnify and advance expenses to a person who is not a
      director, including an officer, employee, or agent of the corporation as provided by: (1) the corporation's governing documents
;
(2) an action by the
      corporation's governing authority
;
(3) resolution by the shareholders
;
(4)

      contract
;
or (5) common law. As consistent with Section 8.105 of the TBOC, a corporation may indemnify and advance expenses to persons who are not directors
      to the same extent that a corporation may indemnify and advance expenses to directors.
The Registrant's amended and restated certificate of formation provides that, to the fullest extent and under the
      circumstances permitted by Chapter 8 of the TBOC, (1) the Registrant must indemnify and advance expenses to directors and officers, and (2) the Registrant may purchase and maintain insurance on behalf of our directors and officers.
The Registrant also maintains directors' and officers' liability insurance.
The form of Underwriting Agreement filed as Exhibit 1.1 to the Form S-1 Registration Statement obligates the
      underwriters to indemnify our directors, officers and controlling persons under limited circumstances against certain liabilities under the Securities Act.
Item 7.  Exemption from Registration Claimed.
Not applicable.
Item 8.  Exhibits.
The exhibits to this Registration Statement are listed in the Exhibit Index that immediately precedes such exhibits
      and are incorporated herein by reference.
Item 9.  Undertakings.
(a)
The undersigned Registrant hereby undertakes:
1.
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
i.
To include any prospectus required by Section 10(a)(3) of the Securities Act;
iii.
To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment
                  thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the
                  total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission
                  pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective
                  Registration Statement;
iii.
To include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to
                  such information in this Registration Statement;
provided,

        however
, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the
      Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in this Registration Statement.
2.
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration
                  statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
3.
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the
                  offering.
(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual
                  report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this
                  Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant
                  pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.
                  In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any
                  action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by
                  controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable
      grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Lubbock, State of Texas, on May
      22, 2019.
SOUTH PLAINS FINANCIAL, INC.
By:
/s/ Curtis C. Griffith
Curtis C. Griffith,
Chairman and Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Curtis C.
      Griffith and Cory T. Newsom, and each of them (with full power to each of them to act alone), his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place
      and stead, in any and all capacities, to sign any and all amendments (including, without limitation, post-effective amendments) to this Registration Statement on Form S-8 and to file the same with all exhibits thereto, and all documents in connection
      therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all
      intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his or her substitute or substitutes, may lawfully do or cause to be done by virtue
      hereof. This power of attorney may be executed in counterparts.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following
      persons in the capacities indicated on May 22, 2019.
Signature
Title
/s/ Curtis C. Griffith
Director (Chairman); Chief Executive Officer (principal executive officer)
Curtis C. Griffith
/s/ Cory T. Newsom
Director and President
Cory T. Newsom
/s/ Steven B. Crockett
Chief Financial Officer and Treasurer (principal financial and accounting officer)
Steven B. Crockett
/s/ Richard D. Campbell
Director
Richard D. Campbell
/s/ Cynthia B. Keith
Director
Cynthia B. Keith
/s/ Allison S. Navitskas
Director
Allison S. Navitskas
/s/ Noe G. Valles
Director
Noe G. Valles
/s/ Kyle R. Wargo
Director
Kyle R. Wargo
EXHIBIT INDEX
Number
Description
4.1*
Amended and Restated Certificate of Formation of South Plains Financial, Inc. (incorporated by reference to Exhibit 3.1 to the Registrant's Form S-1 filed on
                  April 12, 2019, File No. 333-230851).
4.2*
Amended and Restated Bylaws of South Plains Financial, Inc. (incorporated by reference to Exhibit 3.2 to the Registrant's Form S-1 filed on April 12, 2019, File
                  No. 333-230851).
4.3*
South Plains Financial, Inc. 2019 Equity Incentive Plan (incorporated by reference to Exhibit 10.1 to the Registrant's Form S-1/A filed on April 29, 2019, File
                  No. 333-230851).
5.1
Opinion of Hunton Andrews Kurth LLP.
23.1
Consent of Weaver and Tidwell, L.L.P.
23.2
Consent of Hunton Andrews Kurth LLP (included as part of Exhibit 5.1).
24.1
Powers of Attorney (included on the signature page of this Registration Statement).
______________________
*
Incorporated herein by reference as indicated.