Southern First Bancshares, Inc. received an updated Schedule 13G/A indicating that a group led by Endeavour Capital Advisors Inc. reports beneficial ownership of 662,860 shares of common stock, equal to 7.0% of the outstanding shares. These figures are based on 9,471,755 shares of common stock outstanding as of July 28, 2026, as reported by the company.
The group includes Endeavour Capital Advisors Inc., Endeavour Regional Bank Opportunities Fund II L.P., and individuals Laurence M. Austin, Mitchell J. Katz, and Jonah Marcus. The Fund itself reports beneficial ownership of 388,364 shares, or 4.1% of the outstanding common stock. The reporting persons have shared voting and dispositive power over the reported shares and no sole voting or dispositive power. They formally disclaim beneficial ownership of the shares beyond their pecuniary interest.
Positive
None.
Negative
None.
Key Figures
Group beneficial ownership:662,860 sharesGroup percent of class:7.0%Fund beneficial ownership:388,364 shares+2 more
5 metrics
Group beneficial ownership662,860 sharesShares of Southern First Bancshares common stock reported as beneficially owned by the Endeavour group
Group percent of class7.0%Percentage of Southern First Bancshares common stock beneficially owned by the Endeavour group
Fund beneficial ownership388,364 sharesShares of common stock beneficially owned by Endeavour Regional Bank Opportunities Fund II L.P.
Fund percent of class4.1%Percentage of common stock beneficially owned by Endeavour Regional Bank Opportunities Fund II L.P.
Shares outstanding9,471,755 sharesSouthern First Bancshares common shares outstanding as of July 28, 2026, used to calculate ownership percentages
"The information in items 5 through 9 on the cover pages of this is hereby incorporated by reference."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerfinancial
"6 | Shared Voting Power 662,860.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 662,860.00"
Schedule 13Gregulatory
"This is being jointly filed by each of the following persons pursuant to Rule 13d-1(k)(1)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
pecuniary interestfinancial
"The Reporting Persons disclaim beneficial ownership in the shares reported herein except to the extent of their pecuniary interest therein"
FAQ
What ownership stake in SFST is reported by Endeavour Capital Advisors Inc. in this Schedule 13G/A?
Endeavour Capital Advisors Inc. and related persons report beneficial ownership of 662,860 shares of Southern First Bancshares, Inc., representing 7.0% of the common stock outstanding as of July 28, 2026.
How many Southern First Bancshares (SFST) shares does Endeavour Regional Bank Opportunities Fund II L.P. own?
Endeavour Regional Bank Opportunities Fund II L.P. reports beneficial ownership of 388,364 shares of Southern First Bancshares common stock, which equals 4.1% of the company’s 9,471,755 outstanding shares as of July 28, 2026.
What is the total percentage of SFST common stock beneficially owned by the Endeavour-related group?
The Endeavour-related group reports beneficial ownership of 662,860 shares of Southern First Bancshares, equal to 7.0% of the company’s outstanding common stock, based on 9,471,755 shares outstanding.
Do the reporting persons have sole or shared voting power over SFST shares?
The reporting persons indicate 0 shares with sole voting power and 662,860 shares with shared voting power. They likewise report no sole dispositive power and shared dispositive power over 662,860 shares of common stock.
What disclaimer about beneficial ownership do the SFST Schedule 13G/A reporting persons make?
The reporting persons state they disclaim beneficial ownership of the shares reported except to the extent of their pecuniary interest, and that the report should not be deemed an admission that any is the beneficial owner for legal purposes.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Southern First Bancshares, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
842873101
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
842873101
1
Names of Reporting Persons
Endeavour Capital Advisors Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
662,860.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
662,860.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
662,860.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.0 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
842873101
1
Names of Reporting Persons
Endeavour Regional Bank Opportunities Fund II L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
388,364.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
388,364.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
388,364.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
842873101
1
Names of Reporting Persons
Laurence M. Austin
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
662,860.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
662,860.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
662,860.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.0 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
CUSIP Number(s):
842873101
1
Names of Reporting Persons
Mitchell J. Katz
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
662,860.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
662,860.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
662,860.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.0 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
CUSIP Number(s):
842873101
1
Names of Reporting Persons
Jonah Marcus
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
662,860.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
662,860.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
662,860.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.0 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Southern First Bancshares, Inc.
(b)
Address of issuer's principal executive offices:
6 Verdae Boulevard, Greenville, SC 29607
Item 2.
(a)
Name of person filing:
This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13d-1(k)(1) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Act, with respect to shares of Common Stock, par value $0.01 per share (the "Common Stock") of Southern First Bancshares, Inc. (the "Issuer"): (i) Endeavour Capital Advisors Inc. ("Endeavour"), (ii) Endeavour Regional Bank Opportunities Fund II L.P. (the "Fund"), (iii) Laurence M. Austin, (iv) Mitchell J. Katz and (v) Jonah Marcus.
(b)
Address or principal business office or, if none, residence:
Endeavour Capital Advisors Inc.
410 Greenwich Avenue
Greenwich, CT 06830
(c)
Citizenship:
Endeavour is a Delaware corporation, the Fund is a Delaware limited partnership and Messrs. Austin, Katz and Marcus are citizens of the United States of America.
(d)
Title of class of securities:
Common Stock, par value $0.01 per share
(e)
CUSIP No.:
842873101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information in items 5 through 9 on the cover pages of this Schedule 13G is hereby incorporated by reference. The ownership percentages are based on 9,471,755 shares of Common Stock outstanding as of July 28, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 3, 2026.
(b)
Percent of class:
The information in item 11 of the cover pages of this Schedule 13G is hereby incorporated by reference.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information in item 5 of the cover pages of this Schedule 13G is hereby incorporated by reference.
(ii) Shared power to vote or to direct the vote:
The information in item 6 of the cover pages of this Schedule 13G is hereby incorporated by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information in item 7 of the cover pages of this Schedule 13G is hereby incorporated by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information in item 8 of the cover pages of this Schedule 13G is hereby incorporated by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Endeavour Capital Advisors Inc.
Signature:
/s/ Glenn Hofsess*
Name/Title:
Glenn Hofsess, Chief Financial Officer
Date:
08/14/2026
Endeavour Regional Bank Opportunities Fund II L.P.
Signature:
/s/ Glenn Hofsess*
Name/Title:
By: Endeavour Capital Advisors Inc., its investment advisor By: Glenn Hofsess, Chief Financial Officer
Date:
08/14/2026
Laurence M. Austin
Signature:
/s/ Laurence M. Austin*
Name/Title:
Laurence M. Austin
Date:
08/14/2026
Mitchell J. Katz
Signature:
/s/ Mitchell J. Katz*
Name/Title:
Mitchell J. Katz
Date:
08/14/2026
Jonah Marcus
Signature:
/s/ Jonah Marcus*
Name/Title:
Jonah Marcus
Date:
08/14/2026
Comments accompanying signature: *The Reporting Persons disclaim beneficial ownership in the shares reported herein except to the extent of their pecuniary interest therein, and this report shall not otherwise be deemed an admission that any of them is the beneficial owner of such securities for purposes of Section 13(d) or Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.
