Southern First Bancshares Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Net Income	34.99	30.37	15.53	13.43	29.12	46.71
Depreciation & Amortization	4.08	4.31	4.81	4.82	3.7	2.32
Provision for Credit Losses	3.5	2.95	0.13	1.26	6.16	-12.4
Stock-Based Compensation	2.36	2.27	2.28	1.94	2.03	1.65
Net Change in Loans Held-for-Sale	-2.2	-7	2.63	-3.28	9.64	46.7
Other Adjustments	-2.59	-2.49	-2.13	-1.32	0.64	2.27
Changes in Other Operating Activities	-7.01	-0.46	2.31	0.8	-0.97	-9.18
Operating Cash Flow	33.65	30.46	25.56	17.65	50.31	78.07
Operating Cash Flow Growth	-6.70%	19.17%	44.78%	-64.91%	-35.56%	278.63%
Net Change in Loans Held-for-Investment	-258.93	-213.72	-30.41	-329.43	-782.13	-348.72
Net Change in Securities and Investments	-20.5	7.97	2.31	-47.9	3.4	-29.11
Capital Expenditures	-0.72	-0.58	-0.79	-1.24	-13.95	-26.51
Sale of Property, Plant & Equipment	-	-	0.03	-	0.1	0.05
Other Investing Activities	0.24	-	-	-	-	-6.34
Investing Cash Flow	-250.82	-206.33	-28.86	-378.58	-792.58	-410.63
Net Change in Deposits	252.57	281.04	56.2	245.7	570.04	421.07
Long-Term Debt Issued	-	-	-46.5	100	175	-25
Net Long-Term Debt Issued (Repaid)	-	-	-46.5	100	175	-25
Issuance of Common Stock	3.13	2.04	0.29	0.52	0.91	3.01
Repurchase of Common Stock	0.81	0.49	-	-	-	-
Net Common Stock Issued (Repurchased)	3.94	2.53	0.29	0.52	0.91	3.01
Financing Cash Flow	254.89	282.6	10	346.22	745.94	399.08
Net Cash Flow	37.72	106.72	6.69	-14.7	3.67	66.52
Free Cash Flow	32.93	29.88	24.77	16.41	36.36	51.56
Free Cash Flow Growth	10.22%	20.60%	50.95%	-54.86%	-29.49%	286.42%
FCF Margin	27.01%	25.95%	26.57%	19.03%	35.98%	43.98%
Free Cash Flow Per Share	4.01	3.66	3.05	2.03	4.50	6.45
Levered Free Cash Flow	16.1	33.63	-24.63	117.8	192.9	-11.66
Unlevered Free Cash Flow	-3.64	3.27	6.34	4.37	-11.22	-33.37

SEC Filings: 10-K · 10-Q