Southern First Bancshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	269.58	157.46	151.07	165.07	162.01
Investment Securities	147.79	79.46	86.81	40.09	55.91
Trading Asset Securities	-	3.93	0.16	0.08	0.43
Mortgage-Backed Securities	-	57.64	51.77	54.84	67.15
Total Investments	147.79	141.03	138.74	95.01	123.49
Gross Loans	3,845	3,632	3,603	3,273	2,490
Allowance for Loan Losses	-42.28	-39.91	-40.68	-38.64	-30.41
Net Loans	3,803	3,592	3,562	3,235	2,459
Property, Plant & Equipment	83.47	88.79	94.3	99.18	92.37
Loans Held for Sale	11.57	4.57	7.19	3.92	13.56
Accrued Interest Receivable	-	11	11.6	8.9	-
Restricted Cash	-	5.4	5.1	5.8	5.2
Long-Term Deferred Tax Assets	13.7	13.47	12.2	12.52	8.4
Other Long-Term Assets	74.54	59.51	57.58	57.61	59.82
Total Assets	4,403	4,088	4,056	3,692	2,926
Interest Bearing Deposits	2,207	1,979	2,137	1,955	1,711
Institutional Deposits	777.95	774	568.1	374.8	84.4
Non-Interest Bearing Deposits	732.29	683.08	674.17	804.12	768.65
Total Deposits	3,717	3,436	3,380	3,134	2,564
Short-Term Borrowings	-	-	35.55	-	0.04
Current Portion of Leases	-	2.16	-	-	-
Federal Home Loan Bank Debt, Long-Term	240	240	240	175	-
Long-Term Leases	-	21.07	24.6	25.8	28
Trust Preferred Securities	24.9	24.9	36.32	36.21	36.11
Other Long-Term Liabilities	53.13	33.26	27.29	26.59	19.67
Total Liabilities	4,035	3,757	3,743	3,397	2,648
Common Stock	0.08	0.08	0.08	0.08	0.08
Additional Paid-In Capital	125.92	124.64	121.78	119.03	114.23
Retained Earnings	251.44	221.08	205.55	192.12	165.77
Comprehensive Income & Other	-8.79	-15.36	-14.94	-16.72	-2.18
Shareholders' Equity	368.66	330.44	312.47	294.51	277.9
Total Liabilities & Equity	4,403	4,088	4,056	3,692	2,926
Total Debt	264.9	288.13	336.47	237.01	64.15
Net Cash (Debt)	4.68	-126.74	-185.24	-71.86	98.29
Net Cash Growth	-	-	-	-	937.55%
Net Cash Per Share	0.58	-15.61	-22.93	-8.90	12.30
Filing Date Shares Outstanding	8.21	8.18	8.16	8.05	7.98
Total Common Shares Outstanding	8.21	8.16	8.09	8.01	7.93
Book Value Per Share	44.89	40.47	38.63	36.76	35.06
Tangible Book Value	368.66	330.44	312.47	294.51	277.9
Tangible Book Value Per Share	44.89	40.47	38.63	36.76	35.06

Updated Jan 22, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q