Welcome to our dedicated page for Southern First SEC filings (Ticker: SFST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Southern First Bancshares, Inc. filings document the regulatory record of a registered bank holding company and its Southern First Bank subsidiary. The company’s Form 8-K reports cover operating results, earnings releases, Regulation FD investor presentations, capital-structure disclosures and material-event reporting related to its Nasdaq-listed common stock.
SEC filings for SFST also include definitive proxy materials covering shareholder voting and governance, as well as current reports on material agreements, credit arrangements, bylaws amendments and public offering disclosures. These filings describe the company’s bank holding company structure, capital actions, governance framework, financing arrangements and recurring financial reporting for its banking operations.
SOUTHERN FIRST BANCSHARES INC Chief Financial Officer Christian J. Zych reported a routine tax-withholding transaction on company stock. The filing shows 153 shares of common stock were disposed of at $57.07 per share to satisfy tax withholding obligations upon the vesting of restricted stock awards. After this non‑market transaction, he directly holds 7,078 shares of common stock.
Southern First Bancshares, Inc. held its 2026 annual meeting, where shareholders elected all director nominees, approved executive compensation, and ratified Elliott Davis, LLC as independent auditor. Of 8,247,710 shares outstanding as of March 20, 2026, 7,510,163 shares, or 91.05%, were represented, establishing a strong quorum.
The accompanying shareholder presentation highlights robust 2025 performance, with net income of $30.4 million, diluted EPS of $3.72, and net interest margin of 2.57%, alongside total assets of $4.4 billion. Q1 2026 results show net income of $9.9 million, diluted EPS of $1.19, and net interest margin of 2.88%, with very low credit losses.
The company emphasizes its relationship-driven commercial banking model in high-growth Southeastern markets, strong asset quality, and an efficient, branch-light footprint. It also notes a completed public offering of $65 million in common stock to support growth and balance sheet strength, with a portion earmarked to redeem $11.5 million of subordinated debt, and a planned Cary, NC office opening in 2026.
Southern First Bancshares, Inc. reported stronger quarterly results for the three months ended March 31, 2026. Net income rose to $9.9 million from $5.3 million a year earlier, and diluted earnings per share increased to $1.19 from $0.65, mainly driven by higher net interest income.
Total assets reached $4.58 billion, up from $4.40 billion at December 31, 2025, as loans grew to $3.94 billion and deposits to $3.87 billion. Credit quality metrics remained solid, with nonperforming assets at $11.9 million, or 0.30% of gross loans, and the allowance for credit losses at $43.4 million.
After quarter-end, the company completed an underwritten public offering of 1,207,500 common shares at $54.00 per share, generating gross proceeds of about $65.2 million to support general corporate and growth purposes.
Southern First Bancshares Inc. Chief Executive Officer R. Arthur Seaver Jr. reported a bona fide gift of 100 shares of Common Stock. The gift carried a stated price of $0.00 per share, indicating no sale proceeds. Following this disposition, he directly owns 102,597 shares of the company’s common stock.
Southern First Bancshares, Inc. reported strong first quarter 2026 results, driven by loan and deposit growth and a wider net interest margin. Net income was $9.9 million with diluted EPS of $1.19, up 83% from the first quarter of 2025.
Net interest income rose to $30.3 million, a 29% year-over-year increase, as the tax-equivalent net interest margin expanded to 2.88%. Total revenue reached $33.8 million, up 28% year over year. Return on average assets improved to 0.91% and return on average equity to 10.67%.
Total loans were $3.94 billion and total deposits were $3.87 billion, each up about 7% from a year earlier, including retail deposit growth of nearly $210 million in the quarter. Asset quality remained solid, with nonperforming assets at 0.26% of total assets and net charge-offs at 0.01% of average loans.
The company also closed an underwritten public offering of 1,207,500 common shares at $54.00 per share, generating approximately $65.2 million in gross proceeds. Management plans to use the capital for general corporate purposes, including supporting organic growth and potentially redeeming remaining subordinated notes.
Southern First Bancshares, Inc. entered into an underwriting agreement for an underwritten public offering of 1,050,000 shares of common stock at $54.00 per share. The company expects net proceeds of about $53.2 million, or $61.3 million if underwriters fully exercise a 157,500-share option.
The press release states aggregate gross proceeds of approximately $56.7 million, or $65.2 million with full option exercise. Southern First plans to use the funds for general corporate purposes, including supporting organic growth, providing capital to its bank subsidiary, redeeming or repurchasing debt, and working capital. Directors and certain executives signed 90‑day lock-up agreements restricting share sales.
Southern First Bancshares, Inc. is offering 1,050,000 shares of common stock. The prospectus supplement states the shares are being offered at a public offering price of $54.00 per share and the underwriters have a 30-day option to purchase up to an additional 157,500 shares (15%).
The offering is being sold on a firm commitment basis by underwriters led by Piper Sandler & Co., with estimated net proceeds to the company of approximately $53.2 million (before expenses) and estimated proceeds of ~$61.3 million if the option is fully exercised. The prospectus supplement lists intended uses as general corporate purposes, including capital support for the bank subsidiary and anticipated redemption of approximately $11.5 million of subordinated debt.
Preliminary operating and balance-sheet metrics for Q1 2026 are presented as unaudited management estimates, including preliminary net income of approximately $9.9 million, net interest income of approximately $30.3 million, total assets of $4.578 billion (preliminary), and shares outstanding of 8,247,665 as of March 31, 2026 (used to calculate post-offering outstanding shares).
Southern First Bancshares, Inc. released preliminary first-quarter 2026 results and launched an underwritten public offering of its common stock. Management estimates Q1 2026 net income of approximately $9.9 million, with net interest income around $30.3 million and a tax-equivalent net interest margin near 2.88%.
Preliminary noninterest income is about $3.5 million and noninterest expense roughly $20.0 million. Estimated total loans were about $3.94 billion and total deposits about $3.87 billion as of March 31, 2026, with nonperforming assets at roughly 0.26% of total assets and a tangible common equity to tangible assets ratio near 8.29%. These figures are unaudited, based on internal reports, and may change after full closing procedures.
The company has launched an underwritten public common stock offering and plans to grant underwriters a 30-day option to buy up to an additional 15% of the shares sold. Net proceeds are intended for general corporate purposes, including supporting organic growth, adding capital to its bank subsidiary, potential debt redemptions or repurchases, and working capital.
Southern First Bancshares, Inc. released preliminary first-quarter 2026 results and launched an underwritten public offering of its common stock. Management estimates Q1 2026 net income of approximately $9.9 million, with net interest income around $30.3 million and a tax-equivalent net interest margin near 2.88%.
Preliminary noninterest income is about $3.5 million and noninterest expense roughly $20.0 million. Estimated total loans were about $3.94 billion and total deposits about $3.87 billion as of March 31, 2026, with nonperforming assets at roughly 0.26% of total assets and a tangible common equity to tangible assets ratio near 8.29%. These figures are unaudited, based on internal reports, and may change after full closing procedures.
The company has launched an underwritten public common stock offering and plans to grant underwriters a 30-day option to buy up to an additional 15% of the shares sold. Net proceeds are intended for general corporate purposes, including supporting organic growth, adding capital to its bank subsidiary, potential debt redemptions or repurchases, and working capital.
Southern First Bancshares, Inc. intends to offer shares of its common stock under a preliminary prospectus supplement related to its effective Form S-3 shelf registration (Registration No. 333-293279), subject to completion and change. The prospectus lists terms as preliminary and leaves the number of shares and offering price blank on the cover page.
The supplement includes preliminary, unaudited Q1 2026 operating and balance sheet metrics prepared by management: $9.9 million approximate net income, $30.3 million net interest income, total loans of approximately $3.94 billion and total deposits of approximately $3.87 billion as of March 31, 2026. Proceeds are stated to be used for general corporate purposes, including supporting growth, capital for the bank subsidiary and potential redemption of subordinated debt (management currently expects to redeem approximately $11.5 million of subordinated debt).
Southern First Bancshares, Inc. intends to offer shares of its common stock under a preliminary prospectus supplement related to its effective Form S-3 shelf registration (Registration No. 333-293279), subject to completion and change. The prospectus lists terms as preliminary and leaves the number of shares and offering price blank on the cover page.
The supplement includes preliminary, unaudited Q1 2026 operating and balance sheet metrics prepared by management: $9.9 million approximate net income, $30.3 million net interest income, total loans of approximately $3.94 billion and total deposits of approximately $3.87 billion as of March 31, 2026. Proceeds are stated to be used for general corporate purposes, including supporting growth, capital for the bank subsidiary and potential redemption of subordinated debt (management currently expects to redeem approximately $11.5 million of subordinated debt).
Southern First Bancshares, Inc. is soliciting proxies for its 2026 annual meeting of shareholders, where investors will vote to elect 16 directors, approve on a non-binding basis the compensation of named executive officers, and ratify Elliott Davis as independent registered public accountant for 2026.
The meeting will be held on May 19, 2026 at the bank’s Greenville, South Carolina headquarters. Shareholders of record at the close of business on March 20, 2026, when 8,247,710 common shares were outstanding, are entitled to one vote per share and may vote by mail, online, telephone, or in person.
The proxy statement details board composition, committee structures, director independence, risk oversight and cybersecurity reporting, as well as executive pay programs emphasizing base salary, annual incentives, and equity awards. It also discloses 2025 and 2024 audit and tax fees paid to Elliott Davis and explains change-in-control and severance protections for senior management.