Every 8-K that Southern First Bancshares, Inc. (SFST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SFST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SFST filings page.
SOUTHERN FIRST BANCSHARES INC (SFST) reported that its Board of Directors authorized a share repurchase plan for up to $10.0 million of the company’s common stock, described as approximately 2% of outstanding shares. The company may repurchase shares through open market purchases and solicited or unsolicited privately negotiated transactions at management’s discretion, subject to market conditions, equity plan issuances, and legal and regulatory requirements. The company is not obligated to repurchase any shares, and the plan may be discontinued, suspended, or restarted at any time; repurchases after August 23, 2027 would require additional Board and Federal Reserve approval.
Southern First Bancshares, Inc. reported strong results for the quarter ended June 30, 2026, with net income available to common shareholders of $11.2 million and diluted EPS of $1.20, up $0.39, or 48%, from the second quarter of 2025 and slightly above the first quarter of 2026.
Net interest income rose 28.0% year over year to $32.37 million, driven by strong loan growth and continued net interest margin expansion to 2.87%. Management highlighted retail client deposit growth of $184 million in the quarter, a 22% annualized rate, and loan portfolio growth at a 9% annualized rate.
Asset quality metrics were stable, with net charge-offs of approximately $96 thousand, or 0.01% of average loans annualized, nonperforming assets at 0.27% of total assets, and an allowance for credit losses equal to 1.10% of loans. Capital strengthened as the company raised $65.2 million of gross proceeds by issuing 1.2 million common shares and redeemed a portion of higher-rate subordinated notes; tangible common equity to assets improved to 9.62% and key regulatory capital ratios increased.
Southern First Bancshares, Inc. reported that effective June 1, 2026, its Boards of Directors appointed Bryan Kennedy as a director of both the company and Southern First Bank. He will also serve on the Boards’ Risk Committee and receive the standard compensation for non-employee directors.
The Boards highlight Mr. Kennedy’s 43-year commercial banking career, including senior roles at SouthState Bank and the founding of Park Sterling Bank, as well as his ongoing role as Lead Independent Director of The Cato Corporation. They believe his experience and ties to the Charlotte market will strengthen board oversight and support the Bank’s key growth market.
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 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. 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. entered into a Modification of Loan with TIB, National Association to amend its existing revolving credit facility of up to $15.0 million. The agreement extends the revolving line of credit’s maturity date to March 5, 2027.
Under the Modification Agreement, the Company agrees to pay the lender a non-usage fee of 0.25%, stated as $37,500 less the interest accrued and paid under the Promissory Note, which will be collected on the maturity date. As of March 10, 2026, there was a zero principal balance outstanding under the Promissory Note.
Southern First Bancshares, Inc. filed a current report to share its latest financial results and a governance change. On January 22, 2026, the company furnished an earnings press release and an investor slide presentation covering financial results for the period ended December 31, 2025, which are attached as Exhibits 99.1 and 99.2 and also available on its website.
Separately, on January 20, 2026, the Board amended the company’s Amended and Restated Bylaws to authorize the Nominating and Corporate Governance Committee to determine the compensation of Emeritus Directors, formalizing how this specific director role is paid.
Southern First Bancshares, Inc. (SFST) furnished an 8-K announcing its financial results for the period ended September 30, 2025. The company issued a press release and an investor slide presentation summarizing the results.
The press release is furnished as Exhibit 99.1 and the slide deck as Exhibit 99.2, with the presentation also available on the company’s website under Investor Relations. SFST’s common stock trades on The Nasdaq Global Market.