Southern First Bancshares, Inc. (SFST)

Southern First Bancshares Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	282.9	157.46	151.07	165.07	162.01	88.09
Investment Securities	77.27	79.46	86.81	40.09	55.91	38.43
Trading Asset Securities	0.37	3.93	0.16	0.08	0.43	2.39
Mortgage-Backed Securities	59.3	57.64	51.77	54.84	67.15	56.83
Total Investments	136.93	141.03	138.74	95.01	123.49	97.65
Gross Loans	3,789	3,632	3,603	3,273	2,490	2,143
Allowance for Loan Losses	-41.8	-39.91	-40.68	-38.64	-30.41	-44.15
Net Loans	3,747	3,592	3,562	3,235	2,459	2,099
Property, Plant & Equipment	84.59	88.79	94.3	99.18	92.37	60.24
Loans Held for Sale	6.91	4.57	7.19	3.92	13.56	60.26
Accrued Interest Receivable	-	11	11.6	8.9	-	-
Restricted Cash	-	5.4	5.1	5.8	5.2	12.6
Long-Term Deferred Tax Assets	12.66	13.47	12.2	12.52	8.4	9.52
Other Real Estate Owned & Foreclosed	-	-	-	-	-	1.17
Other Long-Term Assets	72.84	59.51	57.58	57.61	59.82	51.25
Total Assets	4,359	4,088	4,056	3,692	2,926	2,483
Interest Bearing Deposits	2,148	1,979	2,137	1,955	1,711	1,339
Institutional Deposits	791.8	774	568.1	374.8	84.4	227.41
Non-Interest Bearing Deposits	736.52	683.08	674.17	804.12	768.65	576.61
Total Deposits	3,676	3,436	3,380	3,134	2,564	2,143
Short-Term Borrowings	1.67	-	35.55	-	0.04	25.5
Current Portion of Leases	0.54	2.16	-	-	-	-
Federal Home Loan Bank Debt, Long-Term	240	240	240	175	-	-
Long-Term Leases	21.55	21.07	24.6	25.8	28	19.5
Trust Preferred Securities	24.9	24.9	36.32	36.21	36.11	36
Other Long-Term Liabilities	37.15	33.26	27.29	26.59	19.67	30.54
Total Liabilities	4,002	3,757	3,743	3,397	2,648	2,254
Common Stock	0.08	0.08	0.08	0.08	0.08	0.08
Additional Paid-In Capital	125.04	124.64	121.78	119.03	114.23	108.83
Retained Earnings	241.59	221.08	205.55	192.12	165.77	119.06
Comprehensive Income & Other	-10.36	-15.36	-14.94	-16.72	-2.18	0.33
Shareholders' Equity	356.35	330.44	312.47	294.51	277.9	228.29
Total Liabilities & Equity	4,359	4,088	4,056	3,692	2,926	2,483
Total Debt	288.67	288.13	336.47	237.01	64.15	81
Net Cash (Debt)	-5.4	-126.74	-185.24	-71.86	98.29	9.47
Net Cash Growth	-	-	-	-	937.55%	-
Net Cash Per Share	-0.67	-15.61	-22.93	-8.90	12.30	1.21
Filing Date Shares Outstanding	8.19	8.18	8.16	8.05	7.98	7.8
Total Common Shares Outstanding	8.19	8.16	8.09	8.01	7.93	7.77
Book Value Per Share	43.51	40.47	38.63	36.76	35.06	29.37
Tangible Book Value	356.35	330.44	312.47	294.51	277.9	228.29
Tangible Book Value Per Share	43.51	40.47	38.63	36.76	35.06	29.37

Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q