Welcome to our dedicated page for Southern First news (Ticker: SFST), a resource for investors and traders seeking the latest updates and insights on Southern First stock.
Southern First Bancshares, Inc. (NASDAQ: SFST) is the bank holding company for Southern First Bank, a commercial banking institution based in Greenville, South Carolina. This news page aggregates press releases and media coverage related to SFST, with a focus on the company’s financial performance, balance sheet trends, and strategic developments in its Southeastern markets.
Readers can find detailed quarterly and annual earnings announcements that outline net income, net interest income, net interest margin, loan and deposit balances, asset quality metrics, and capital ratios. Management commentary in these releases discusses themes such as margin expansion, funding costs, loan growth or deliberate balance sheet positioning, and the performance of core deposits. The company also highlights noninterest income sources, including mortgage banking income, service fees on deposit accounts, and ATM and debit card income.
In addition to financial results, Southern First Bancshares issues news about governance and leadership, such as appointments to its Board of Directors and executive team roles including Chief Financial Officer, Chief Retail Experience Officer, and Chief Credit Officer. These updates provide context on how the company is building its leadership bench to support growth, risk management, and client service.
Because Southern First Bank operates in markets across South Carolina, North Carolina, and Georgia, its news often references local economic conditions, community involvement, and opportunities arising from banking industry consolidation. Investors and observers can use this page to follow SFST’s ongoing narrative around relationship banking, asset quality, and strategic positioning. For those tracking SFST stock, this news feed offers a consolidated view of the company’s latest disclosures and corporate announcements.
Southern First Bancshares (NASDAQ: SFST) reported Q4 2025 results with net income $9.9M and diluted EPS $1.21, up 73% YoY. Net interest margin improved to 2.72% (up 36 bps YoY, 10 bps QoQ). Total loans reached $3.845B (+6% YoY) and total deposits were $3.717B (+8% YoY). Asset quality remained strong: nonperforming assets/total assets 0.32%. Book value per share was $44.89 (up 11% YoY). Tangible common equity ratio was 8.37%.
Southern First Bancshares (NASDAQ: SFST) reported third quarter 2025 results for the nine months ended Sept 30, 2025, showing strong revenue and profitability gains.
Key metrics: net income $8.7M and diluted EPS $1.07 (up 98% YoY), total revenue $31.1M (Q3 2025), net interest margin 2.62% (up 54 bps YoY), total loans $3.79B, core deposits $2.88B, Tangible Common Equity 8.18%, and nonperforming assets 0.27%. The company recorded a $850K provision for credit losses, including $350K for unfunded commitments, and noted increased past-due loans (0.18%). Management emphasized margin expansion, high-quality loan growth, and strong capital levels supporting business pipelines.
Southern First Bancshares (NASDAQ: SFST) reported strong Q2 2025 financial results with net income of $6.6 million, or $0.81 per diluted share, marking a 119% increase from Q2 2024. The bank achieved total revenue growth of 24% year-over-year, with net interest margin expanding to 2.50%. Total loans reached $3.7 billion, growing 7% annualized from Q1 2025, while core deposits increased to $2.9 billion.
The bank maintained strong asset quality with nonperforming assets at 0.27% of total assets and past due loans at 0.14%. The efficiency ratio improved to 67.54% from 80.87% year-over-year, demonstrating enhanced operational efficiency. Book value per share increased 8% year-over-year to $42.23, with a tangible common equity ratio of 8.02%.
[ "Net income increased 119% year-over-year to $6.6 million", "Total revenue grew 24% compared to Q2 2024", "Net interest margin expanded to 2.50% from 1.98% year-over-year", "Efficiency ratio improved significantly to 67.54% from 80.87%", "Strong asset quality with nonperforming assets at only 0.27%", "Book value per share grew 8% year-over-year to $42.23" ]Southern First Bancshares (NASDAQ: SFST) reported Q1 2025 financial results with net income of $5.3 million and diluted earnings per share of $0.65, marking a 109% increase compared to Q1 2024. The bank achieved a net interest margin of 2.41%, up from 2.25% in Q4 2024 and 1.94% in Q1 2024.
Key highlights include total loans reaching $3.7 billion (6% annualized growth over Q4 2024) and core deposits of $2.8 billion (23% annualized growth). Asset quality remained strong with nonperforming assets to total assets at 0.26% and past due loans at 0.27%. The bank maintained solid capital ratios with a book value per share of $41.33 and a Tangible Common Equity ratio of 7.88%.
Southern First Bancshares (NASDAQ: SFST) has announced the promotion of Wes Wilbanks to Chief Credit Officer and Executive Vice President. Wilbanks, who joined the company in 2021 as Senior Credit Risk Officer, brings 25 years of banking experience to the role.
The bank, which operates in 13 locations across South Carolina, North Carolina, and Georgia, has consolidated assets of approximately $4.1 billion. Southern First Bank serves the Greenville, Columbia, and Charleston markets of South Carolina, the Charlotte, Triangle and Triad regions of North Carolina, and Atlanta, Georgia, positioning itself as the second largest bank headquartered in South Carolina.
Southern First Bancshares (NASDAQ: SFST) has appointed Blair Miller as Chief Retail Experience Officer and Executive Vice President. Miller brings over 20 years of experience, previously serving as Area Manager and Senior Vice President at Pinnacle Financial Partners for 12 years. In his new role, he will lead the retail banking team to enhance client service and hospitality.
Miller, who currently serves as Chairman of the Greer Chamber of Commerce Board, is a graduate of the University of South Carolina and CBA Executive Banking School. Southern First Bank, the company's subsidiary, is the second largest bank headquartered in South Carolina, operating in 13 locations across South Carolina, North Carolina, and Georgia markets. The bank has consolidated assets of approximately $4.1 billion.
Southern First Bancshares (NASDAQ: SFST) reported Q4 2024 financial results with net income of $5.6 million, or $0.70 per diluted share, up 30% from Q3 2024 and 37% from Q4 2023. Key highlights include:
- Total loans of $3.6 billion and deposits of $3.4 billion
- Net interest margin improved to 2.25%, up from 2.08% in Q3 2024
- Book value per share increased to $40.47
- Strong asset quality with nonperforming assets at 0.27% of total assets
- Reversal of provision for credit losses of $200,000
The bank's performance showed continued margin expansion and strong asset quality metrics. Net interest income increased $1.9 million during Q4 2024 compared to Q3 2024, driven by higher interest income on loans and lower deposit interest expenses.
Southern First Bancshares reported net income of $4.4 million and diluted earnings per share of $0.54 for Q3 2024. Key highlights include:
- Total loans of $3.6 billion and total deposits of $3.5 billion
- Nonperforming assets to total assets of 0.28%
- Net interest margin improved to 2.08% from 1.98% in Q2 2024
- Book value per share increased to $40.04
Net interest income rose $1.1 million from Q2 2024 due to higher interest income on assets. There was no provision for credit losses in Q3. Noninterest income decreased to $3.2 million, while noninterest expenses fell $604,000 to $18.0 million. The company cited disciplined pricing and high credit quality standards for flat loan growth, while core checking accounts grew 21% annualized.
Southern First Bancshares (NASDAQ: SFST) posted its Q2 2024 financial results. Net income was $3.0 million, or $0.37 per diluted share, up from Q1 2024 and Q2 2023. Total loans and deposits saw modest declines, but noninterest-bearing deposits grew significantly. Net interest margin increased to 1.98%, and noninterest income was $3.5 million, largely driven by mortgage banking income. Notably, nonperforming assets rose to 0.27% of total assets. Total expenses increased by $543 thousand, mainly due to higher salaries and software costs. New CFO Chris Zych joined the team, expected to bolster the company's growth strategy.
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